Video & Active Apparel Innovators Watch: Smack Sportswear, Urban Outfitters, RadioShack, Pixelworks, Nike
CORAL SPRINGS, Florida, August 8, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's leading companies in the Retail/Merchandising industries: Smack Sportswear (OTCQB: SMAK), Urban Outfitters (NASDAQ: URBN), RadioShack (NYSE: RSH), Pixelworks, Inc. (NASDAQ: PXLW) and NIKE, Inc. (NYSE: NKE).
Smack Sportswear (OTCQB: SMAK) Headline: Smack Sportsware Announces Partnership With Phiten and Plans to Launch New Line of "Phitenized" Athletic Apparel. Southern California Lifestyle Infused Bikinis & Board Shorts, Athletic & Team Apparel to Meet Innovative Phiten AQUA-METAL™ Technology that Allows Athletes to "Feel the Difference" … Kickstarter Campaign to Begin Soon. Smack Sportswear (OTCQB: SMAK), the leading brand of custom designed athletic apparel (primarily focused on volleyball), today announced it has signed a partnership agreement with Phiten, the innovative originator of the titanium necklace and precious metal-infused sports accessories. The agreement between the two sporting giants is the first to allow a US-based apparel company (Smack) to acquire an exclusive license to infuse clothing with Phiten's AQUA-METAL™ technology. Smack, who is dedicated to ensuring a successful launch, will promote a Kickstarter campaign in late August 2013 with the purpose of expanding production, promotions, and distribution of the new line. At its core, the "Phitenized" garments will feature Phiten's AQUA-METAL technology - metals broken down into microscopic particles, as well as moisture wicking and other high tech properties. The purpose of the Phiten tech is to help athletes excel during activity and to support a healthy and active lifestyle. Made with high-end fabrics, the new "Phitenized" line will range in price from $39.99 - $89.99 USD and will be available in three categories: Beach, Team, and Core Performance apparel. Smack plans to expand the "Phitenized" apparel offerings from volleyball initially, to other sports such as baseball, softball, and soccer. Distribution will primarily be through team dealers and retail chains domestically, then internationally...
To read the entire press release, please go to http://finance.yahoo.com/q/h?s=SMAK+Headlines
"We are excited to partner with Smack," said Joe Furuhata, vice president of Phiten USA. "Smack is an accomplished brand and we have great trust in their ability to create quality products with our technology." Smack will present at the Eighteenth Annual Southern California Investor Conference on Thursday, August 8, 2013 at The Island Hotel in Newport Beach. The Company's presentation is scheduled to begin at 8:30 a.m. PDT and will be available via a live webcast.
In a new affiliation with Urban Outfitters (NASDAQ: URBN) UK, Inkkas is an international shoes brand that emphasizes authenticity, local production and philanthropy. The brand made its debut in 2012 with its casual shoe line made from colorful, locally produced South American textiles. Echoing their success online, Inkkas shoes are now carried by a number of stores in Europe, in addition to New York, Los Angeles, and Tokyo. The company's European Launch is part of a new partnership with Urban Outfitters UK.
In celebration of music fans, RadioShack (NYSE: RSH) begins taking pre-orders today for DECK by SOL REPUBLIC x Motorola, the hot new portable wireless speaker that will make music social. Through its partnership with SOL REPUBLIC, RadioShack will also offer DECK in two colors that are available only at RadioShack for a limited time. And RadioShack will launch live in-store demos and new marketing initiatives featuring SOL REPUBLIC's new personal speaker, which is sure to earn a spot on back-to-school and holiday must-have lists.
Pixelworks, Inc. (NASDAQ: PXLW), a pioneer in innovative video and display processing technology, recently announced financial results for the second quarter ended June 30, 2013. Second quarter 2013 revenue was up 15.5% to $9.6 million, compared to $8.3 million reported in the prior quarter and $15.5 million in the second quarter of 2012. The sequential increase in revenue was due to increased sales of chips for both Projectors and TVs. Revenue declined compared to the prior year quarter primarily as the result of lower licensing revenue during the second quarter. Read the entire 2nd Quarter Results at http://finance.yahoo.com/news/pixelworks-reports-second-quarter-2013-200100948.html.
NIKE, Inc. (NYSE: NKE), together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. The company offers products in seven categories, including running, basketball, football, men’s training, women’s training, NIKE sportswear, and action sports under the NIKE and Jordan brand names. Shares of Nike Inc. (NKE) achieved a new 52-week high of $66.85 on Aug 6, 2013, thereby beating its previous high of $66.61 on Aug 2 and eventually closed trade at $66.54. The average volume of shares traded over the last 3 months was approximately 3,674K.
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