Everlast Worldwide Inc. has received approval from the Nasdaq Stock Market to list its securities on the Nasdaq Global Market effective with the opening of business on January 16, 2007. The Company will continue to trade under the EVST trading symbol. The
Author: SGB Media
SBI Sells Fila Business to Fila Korea
Fila Korea Ltd. and Sport Brands International Ltd. (SBI) have entered into a definitive agreement for the sale of the global Fila footwear and apparel business to Fila Korea for an undisclosed purchase price. Mr. Yoon-Soo (Gene) Yoon, the Chairman of Fil
Spy Optic Hires Anderson to Head Snowboard Division
Spy Optic has brought on Pete Andersen to oversee its Snowboard category. Andersen’s role will encompass managing all marketing and team aspects of Spy’s snowboard involvement, including promotions, athlete management, media outreach and content developme
Malden Mills Sees Gordon Brothers as Stalking Horse in Latest Bankruptcy Action…
On January 10, Malden Mills Industries, Inc. filed for protection under Chapter 11 of the U.S. Bankruptcy Code in an effort to facilitate the sale of the company to Gordon Brothers Group of Boston, Mass. for $44 million. While the sale of the company was
Investor Conferences Shed Light on New Strategies
The recent Cowen & Company investor conference in New York’s Times Square and ICR XChange conference in Dana Point Calif., features most of the major, publicly traded companies that do business in the Bicycle, Outdoor, and Snow Sports industries, includin
Forzani Holiday Comps Impacted By Warm Eastern Weather…
The Forzani Group Ltd. Holiday Season corporate same store sales were up 0.5% as strong sales in Western Canada were offset by decreases in Eastern-based stores, which were impacted by unseasonably warm weather. In the franchise business, predominantly lo
Rebel Sport H1 Comps Up 11%…
Rebel Sport Limited, the largest sporting goods chain in Australia, reported that first half revenues increased 14.5% to A$210.5 million ($165 mm). This is including sales revenue from the Glue lifestyle stores. Same store sales increased 11.1%. In the ha
JJB Sees Improvements in H2 Sales and Margins…
JJB Sports second half revenues were 6.0% higher than last year with a same-store sales increase of 6.3%. The combined gross margin from both JJB’s retail stores and health clubs increased 170 bps than last year. Total revenue for the 5 week Holiday perio
PPA Changes Name; Moves Forward with Unification
The Professional Paddlesports Association (PPA) has changed its name to the Paddlesports Industry Association. The name change is the first step in the organization’s adoption of the recommendations put forth by the Paddlesports Industry Unification Workg
China Footwear Factories Sue Over EU Anti-Dumping Tariff
According to the China People's Daily, the official government-controlled news service of mainland China, a group of five Chinese shoemakers have sued the European Union over the recently imposed 16.5% anti-dumping tariff on China manufactured footwe
Mountainsmith Parent Merges with Investment Group…
Mountainsmith’s parent company, Pacifica LTM and Blackstone Investment Group of Springfield, Misso., have merged together. Under terms of the agreement, Pacifica’s five operating companies, including Mountainsmith, and Blackstone’s four divisions will mer
Industry Public Companies Give Peek Under the Tent for 2007 at Investor Conferences…
The weather wasn’t what most from the east coast were hoping for, but the 9th Annual ICR XChange delivered on its promise once again as one of the best run investor conferences in the market. Held this year at the St. Regis Monarch Beach Resort in Dana P
Kobe Leads Jersey Sales, NBA Store Has Record Q4…
According to the NBA Store on Fifth Ave. in NYC and its ‘NBA’s Most Popular Jersey List,’ L.A. Lakers star Kobe Bryant has the most popular jersey in the NBA, moving up three spots from the end of last season. Bryant, who had the most popular jersey durin
Beckham Gives adidas Marquee Player in U.S. Soccer…
David Beckham, adidas’ top sponsored soccer athlete, is jumping across the Atlantic to play for the Los Angeles Galaxy MLS team. The deal that brought Beckham to the U.S. is reportedly worth over $250 million in salary, sponsorships, and endorsements plus
Big 5 Q4 Sales Increase 7.1%…
Big 5 Sporting Goods Corporation saw its fourth quarter end in line with the overall annual trend in sales. For the fiscal fourth quarter, sales increased 7.1% to $234.5 million from $218.9 million last year. Same store sales increased 4.2% for the quarte
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