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  May 27, 2015
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Today's Top Story:

Nike Cooperating with Probe in FIFA Scandal

Nike Inc. on Wednesday indicated it is "cooperating" with authorities after the arrests of FIFA officials in Zurich on corruption charges... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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U.S. and South American sports marketing executives allege to have paid $150 million in bribes to obtain rights to lucrative media and marketing rights to international soccer tournaments are among the 14 defendants charged by federal authorities Wednesday in global investigation of corruption at the Fédération Internationale de Football Association (FIFA)...(5/27/2015)

 

In response to the FIFA bribary scandal, Adidas urged soccer's governing body "to continue to establish and follow transparent compliance standards in everything they do."...(5/27/2015)

 

Brown Shoe Company raised its EPS guidance about 5 percent Wednesday after reporting same-store-sales increased 3.1 percent at Famous Footwear in the fiscal first quarter ended May 2. Brown Shoe's net earnings rose nearly 25 percent on a 1.9 percent increase in sales compared with a year earlier...(5/27/2015)

 

Columbia Sportswear Co. promoted Lisa Kulok to SVP of global supply chain operations, Steve Woodside to SVP of global sourcing and manufacturing, and Joe Boyle to SVP of Columbia brand merchandising and design... (5/27/2015)

 

BionX International, a Canadian manufacturer of e-bike systems, named W. Tyler Meyers as its new Director of Global Sales and V- Bond Lee as its VP of Engineering...(5/27/2015)

 

DSW Inc. reported strong sales of athletic footwear, strong pricing and comparable store sales growth drove a 9.4 percent increase in sales and a 22.6 percent increase in net income in the fiscal first quarter ended May 2...(5/27/2015)

 

Hydro Flask, the maker of insulated stainless steel flasks, revealed plans for a new state-of-the-art headquarters facility in Bend, OR. After two years in its current Northwest Crossing location, the company’s continued growth...(5/27/2015)

 

Nikwax announced that Brian Davidson has joined the team as the director of sales for North America...(5/27/2015)

 

OMsignal, a Montreal-based smart apparel company, will open a pop-up store at the Westfield San Francisco Center for six weeks starting this weekend, when it will participate in the grand opening of the Bespoke retail incubator...(5/27/2015)

 

Pelican Products has appointed Bob Shortt as President of their newly structured Consumer Division, which designs and manufactures high-performance protective cases and advanced portable lighting systems...(5/27/2015)

 

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