The world's largest sporting goods maker will transition out of golf clubs, balls and bags to focus on expanding its footwear and apparel business.
July 25- The Force is with the U.S. toy industry this year. Demand for Star Wars merchandise is set to propel toy sales growth to a 17 year-high, according to industry research firm The NPD Group. "Star Wars is already at $300 million for the year," U.S. toys industry analyst Juli Lennett wrote in the report.
July 18- Toymaker Hasbro Inc reported higher-than-expected quarterly profit and revenue on Monday, driven by strong demand for its Disney Princess and Frozen dolls and its action figures based on "Star Wars" movies. "Licensed toys are important to the toy industry, comprising nearly 30 percent of sales so far this year," research firm NPD Group analyst Frederique...
*Both Adidas and Puma worked with BASF on springy soles. BERLIN, April 19- A German court has rejected an attempt by Adidas to stop its smaller rival Puma from selling a new line of shoes with light-weight, bouncy soles similar to its popular "Boost" brand. The two sportswear companies have a fierce rivalry that dates back to their foundation in the late 1940 s after a...
BILLUND, Denmark, March 9- In a low-rise factory on the outskirts of Billund, a small town in western Denmark, robots stand holding trays at the ready as pistons spit out hundreds of pieces of Lego every few seconds. The plant churns out 100 million of the brightly coloured plastic bricks every day and is set to increase output this year, in line with Lego's ambitions...
Accor, Europe's largest hotel group, has bought the owner of the Fairmont, Raffles and Swissotel hotel chains for $2.9B, the Financial Times reports.
Sixteen strangers from around the globe are stringing tennis rackets in a crowded room at the Billie Jean King Tennis Center in Flushing, New York.
Nike has long dominated the tennis wars with many of the biggest stars in the game, but Under Armour is betting big on its newest star.
He spent a night in jail for damaging a drone he felt was "violating" beach goers.
Swimming pools have been part of California's lifestyle for decades. But things are getting tougher.
Tim Parker, chairman of Samsonite International, says the firm has seen five straight years of double-digit growth in sales and profit. He later outlines the growth areas that will help Samsonite double its sales by 2020.
Apple says its new watch is great for physical fitness. But 17-time Grand Slam Champion Roger Federer is not so easily sold.
Mattel said Chief Executive Bryan Stockton has resigned, and warned preliminary fourth-quarter results will fall short of expectations.
The iconic Lincoln Log toy has moved its manufacturing back to the U.S., without hurting its profit margins. Here's a look behind the scenes.
Rob Katz, Vail Resorts chairman & CEO, talks about this winter's upcoming ski trends and how his company is transforming the industry.
CNBC's Phil LeBeau reports on the red hot RV market. Dealers are seeing pent up demand driving sales.
Nintendo, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100-million selling Wii, faltered.
Steinway Musical Instruments, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives.
Rees Jones, Rees Jones Inc. president, discusses designing environmentally friendly courses, and the booming business of golf, especially in China.
As the National Football League kicks off its season, America’s love of all things football could have a halo effect on the stocks of certain grocers and beverage makers, analysts told CNBC Tuesday.