Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
Stadium Capital Management, LLC (SCM) said it has notified Big 5 Sporting Goods Corp. that it will nominate three "highly qualified, independent candidates" to serve on the retailer's board at Big 5's 2015 annual meeting expected to be held ...
Tags: Big 5, Proxy Battle
Don you have played the canoe? Friends and I while drifting before, the feeling was really exciting. And Hammacher Schlemmer website recently launched with transparent polymer shell making canoes. Have it, the water rowed a boat no longer ...
Tags: Canoe, Transparent Canoe, Sporting Goods
According to a new report from Tractica, the global wearable devices market will grow from 17.0 million device shipments in 2013 to 187.2 million units annually by 2020, representing a compound annual growth rate (CAGR) of 34 percent. The ...
Tags: Wearable Device, Sporting Goods
Manchester United reported that revenue from its Nike managed merchandising business, which Adidas will take over next season, continued to decline in the fiscal second quarter. Man U reported Retail, Merchandising, Apparel & Product ...
Tags: Nike, Adidas, Sporting Goods
This year's Spring Festival will be the first time Wu Rongrong uses China's bullet train to return home. The 2,000 km trip from Beijing, where the 27-year-old works selling sporting goods, to her home city of Guilin in Guangxi Zhuang ...
Tags: Railways, bullet train
Adidas Group reported its sales in Germany, Austria and Switzerland set a record in 2014. Adidas achieved total sales of €1 billion in these three markets in 2014 more than ever before in the company's history. In Germany, the ...
Tags: Adidas, running products, lifestyle products
Skechers USA, Inc. will return to the Super Bowl with a commercial starring legendary baseball great Pete Rose featuring its Relaxed Fit line. The Relaxed Fit footwear spot again plays on whether the iconic star should enter “the ...
Tags: footwear, Sporting Goods
Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
DSW Inc. promoted Carrie McDermott, currently executive vice president, sales and operations, to executive vice president and chief operating officer as part of the promotion of several key executives. The changes will be effective on ...
Tags: key executives, Sporting Goods
When the Boston Red Sox in 2004 won their first World Series in 89 years, I noticed that the championship t-shirts, hats and other gear were on the streets of Boston within hours of Game 4. Knowing a bit about manufacturing, I found out ...
Tags: of LEDs, processors, drivers, Electrical
REI will open its fifth flagship store in the Washington D.C. area in late 2016 at the site chosen by President Eisenhower for his inaugural ball and by the Beatles for their first concert in the U.S. The REI flagship will serve the fast ...
Tags: flagship store, Sporting Goods
Closely-held Outdoor Tech has engaged Wunderlich Securities of Newport Beach, CA for financial and strategic advisory services to help support the company’s current and future growth. Based in Lost Angeles in 2010, Outdoor Tech ...
2XU has added professional athlete and World Champion Triathlete Craig “Crowie” Alexander and his triathlon coaching company Sansego to its growing portfolio of rand ambassadors. Crowie will train, compete and recover in 2XU ...
Tags: wetsuits, compression wear, cycle, Sporting Goods
The SnowSports Industries America (SIA) Board of Directors announced that David Ingemie, SIA’s president for the past 34 years, would be stepping down as president following the 2016 SIA Snow Show. Ingemie joined SIA in 1976 as ...