Patagonia's Reno Service Center was recently honored with the GOLD level Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council. With this certification, Patagonia's distribution center becomes on
Author: SGB Media
Iconix Acquires Rocawear
Iconix Brand Group, Inc. has entered into a definitive agreement to purchase the brand Rocawear. The purchase price will be $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain
Iconix Ups Guidance After Doubling Q4 Revenue
Iconix Brand Group, fourth quarter licensing revenue more than doubled to approximately $26.9 million compared to approximately $12.4 million in the prior year quarter. Net income and fully diluted earnings per share as reported on the Company's inco
Brunswick Confirms Guidance; Life Fitness Subsidiary Inks iPod Deal
Brunswick Corporation SVP and CFO Peter G. Leemputte has reconfirmed the company's previously announced earnings estimate of $1.65 to $2.00 per share from continuing operations for 2007. In 2006, on a comparable basis, the company reported diluted EP
Franklin Sports Underwrites SGMA Spring Market
Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is generously underwriting this month’s attendee registration fees – a savings of $50 per attendee.
Payless Acquires Collective International
Payless ShoeSource plans to acquire privately held Collective International, LP, Denver, a brand development, management and licensing company with a strong youth lifestyle and board sport-inspired brand portfolio including Airwalk, Vision Street Wear, La
JJB Sports is Refused Appeal in Price Fixing Scheme
JJB Sports PLC sought leave to appeal to the House of Lords on certain aspects of the Court of Appeal's judgment on the action taken against JJB by the Office of Fair Trading on the price-fixing of certain replica kit products during 2000 and 2001. J
REI Names New VP of Information Services
Recreational Equipment, Inc. named Jeff Zon to Vice President of Information Services. In his role Zon leads a 180-member team responsible for technical services to REI's business units, including application development and support, personal computi
Smartwool Announces Rep and Agency of the Year Awards
SmartWool's inaugural Rep of the Year and Rep Agency of the Year Awards, were given to Matt Ronca from the Hawk Sales Group, and the Alpert Tebrich agency of California. The awards were given based on growth, strategic planning and brand support, pro
Accell Group Sales and Earnings Climb in 2006
The Accell Group reported that 2007 fiscal year sales increased 17% to €431.7 million ($559.9 mm). Organic growth for the full year came in at 9%. The acquisitions of Seattle Bike Supply and Webena Sport, added 7% to the top line. Earnings per share on th
Polartec LLC Inks Agreement with Malden Mills’ Union Members
Polartec LLC, the holding company recently formed in order to acquire the assets of Malden Mills out of bankruptcy, signed an agreement Unite HERE! union members. The Union has approved the terms of a new collective bargaining agreement between Unite HER
Nike to Build 1 Million Square Foot D.C. in Tennessee
Nike, Inc. has reached an agreement to acquire a 125-acre land parcel in Memphis, Tennessee, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 200
Callaway Golf Inks Endorsement Deal with Ernie Els
Callaway Golf Company has reached an agreement with PGA and European Tour player Ernie Els. The terms of the contract are not being disclosed. It is expected that Els will begin his endorsement by playing the Callaway HX Tour 56 golf ball, carrying a Call
Outdoor Channel Maintains NASDAQ Listing
Outdoor Channel Holdings, Inc. announced that following the filing of its Form 10-Q for the quarter ended September 30, 2006, the Nasdaq Listing Qualifications Panel has found the company in compliance with the Marketplace Rules and will continue the list
West Marine Narrows Q4 Net Loss on Slight Sales Decline
West Marine, Inc. fourth quarter net sales slipped 0.8% to $123.8 million, compared to net sales of $124.8 million for fourth quarter last year. Comparable store sales for the fourth quarter of 2006 increased 0.2% compared to the same period a year ago. N