At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
Scott and Scott is claiming that the supermarket giant’s overstatement of its profits last year, caused a “permanent destruction of value to shareholders.” Tesco is facing potential legal action from UK shareholders ...
Tags: Tesco, Supermarket giant, Toys
Toy giant will move from country-by-country leadership structure to a pan-European approach to drive greater efficiencies across its European business. Toys R Us is taking ‘aggressive steps in the months ahead’ to achieve ...
PeopleForBikes and Yuba Bicycles have partnered to launch a limited edition Boda Boda cargo bike to raise money for bicycling infrastructure. The 50 Boda Bodas will feature PeopleForBikes colors and branding so that bicyclists can show ...
Hong Kong-based Shunfeng International Clean Energy Ltd (SFCE) has signed a memorandum of understanding (MOU) to acquire a 51% ownership stake in Lattice Power Corp of Nanchang, China, which claims to have been the first company to realise ...
Tags: silicon LEDs, LED lighting
The Viet Nam National Textile and Garment Group (Vinatex) will begin construction of a textile and garment factory complex in the central province of Quang Nam on March 25, 2015, according to Vietnamese media reports. The textile and ...
Tags: Textile, Garment, garment factory
REI reported record annual revenues of $2.2 billion, a 9.9 percent increase from 2013, and said it would double its investment in non-profits and new projects to create access to inspirational outdoor places to nearly $8 million. The ...
Tags: REI, Sales, Sporting Goods
Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
For the fourth quarter and fiscal year ended January 31, 2015, net sales at New York & Company, a specialty apparel chain with 504 retail stores slipped marginally year over year. In a press release, New York & Company said net sales ...
Tags: specialty apparel, apparel
Leatherman Tool Group Inc. appointed Bobbie Parisi vice president of marketing for its Leatherman brand effective Feb. 16. Parisi will be located at Leatherman's Portland, OR manufacturing headquarters and report to Leatherman Tool ...
Tags: Leatherman, Parisi, Sporting Goods
San Diego Sport Innovators (SDSI), a non-profit business accelerator focused on growing sports and active lifestyle companies, is now a free-standing organization independent from its parent company Connect, which focuses on the technology ...
Tags: SDSI, NBA, Sporting Goods
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
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The gains came despite challenging conditions in some markets, most notably in Russia and the Ukraine, which suffered serious economic problems. ...
Tags: Ecco, shopping, Recreation
A2 Milk Company approved for ASX listing and aims US market launch with new brand message New Zealand-based dairy company the A2 Milk Company has announced that its application for listing on the Australian Securities Exchange (ASX) ...
Tags: A2 Milk Company, A2-milk, Food
LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has expanded its $1.5m commitment to provide LED lighting for new homes built in the USA by Habitat for Humanity (a non-profit Christian housing organization founded in 1976 that ...
Tags: LED, CREE, Electronics