Kenneth Cole Productions and G-III Apparel Group, Ltd. have reached an agreement to expand their relationship for outerwear. G-III, the licensee for Kenneth Cole New York and Reaction Kenneth Cole women's outerwear since 1995, will now also manufactu
Author: SGB Media
SIA and USSA Ink Deal to Promote SnowSports
SnowSports Industries America and the United States Ski and Snowboard Association are partnering to bring the world of snow sports directly to physical education professionals, coaches and athletic directors in schools throughout the United States. Levera
Sports Authority Narrows Q3 Loss; Comps Decline 1.9%
The Sports Authority reported a net loss of $2.2 million, or 9 cents per diluted share, for its fiscal third quarter, compared with a net loss of $2.2 million, or a loss of 31 cents per diluted share, in the year-ago period. Total sales declined 1.4% to
Everlast Adds Two More Licensing Deals
Everlast Worldwide has expanded its relationships with two licensees. Muse Marketing Limited, based in Hong Kong, will introduce Everlast apparel in Hong Kong and Hong-Kong-based Stelux Watch Ltd., which is launching Everlast-branded watches in China, Hon
Mossimo Hires CPA as CFO
Mossimo announced the hiring of Vicken Festekjian to the position of Chief Financial Officer. Mr. Festekjian joins Mossimo from the accounting firm of Moss Adams LLP. During his tenure at Moss Adams, Mr. Festekjian served in various positions, most recent
Collegiate Pacific Raises $40 mm in Private Offering
Collegiate Pacific announced the pricing of a private offering of $40 million principal amount of convertible senior subordinated notes due 2009 to a limited number of qualified institutional buyers pursuant to Rule 144A. The notes will bear interest at a
Smith Optics Restructures
Effective immediately, Smith Optics will be implementing a departmental re-structuring. With the retirement of Marketing Senior Vice President Kerry Marumoto, the organizational makeup has been re-evaluated and structural changes will be executed…
Ryders Adds New Rep
Ryders Eyewear is pleased to announce that Chad Geithman has been appointed as Northwest Sales Rep. Geithman has over nine years of sales experience in the Northwest, and is currently also representing KHS/Freeagent Bikes, Valencia Sports Group, Chrome M
Lotto Hires New Marketing and Communications Director
The Lotto Sport Italia Marketing & Communication Office has hired a new Director. Edoardo Artaldi, the former director has decided to take a step in a new professional direction. His role has been recently filled by Alberto Landi, now Italian Sports brand
Jetboil Receives International Media Awards
Jetboil Inc. is winning more recognition and awards from top national media outlets. This week, Jetboil receives high honors from gear and technology experts at Outside, Men's Journal, Popular Science, and TIME magazines. The kudos follows endorsemen
Dick’’s SG Q3 Hurt by Galyan’s Integration Costs…
Dick's Sporting Goods provided a bit more color on the integration costs and efforts associated with its August acquisition of Galyan’s, a merger that will somewhat surprisingly cause the closure of more Dick’s stores than Galyan’s doors. The retail
Knight Steps Down as Nike, Inc. CEO; Market Speculates on Company Future…
The sporting goods industry has had a few days to absorb the news last week that Phil Knight, Nike, Inc. co-founder, chairman, president and CEO, was stepping down from the president and CEO role at the end of the year. He will remain chairman of the Boa
Foot Locker Gets Champs and Lady Lift in Q3; Europe Starts to Improve in Q4…
Foot Locker, Inc. saw improving results in some of its U.S. businesses in the third quarter, thanks primarily to Nike, while the company starts to see some improvement in its Europe business. Total sales increased due primarily to the addition of roughly
Genesco Again Gets Journeys and Hat World Help to Counter Jarman Drag…
Genesco Inc. again counted on its Hat world acquisition to grow profits for the third quarter ended October, as the operating profit boost from the specialty retailer acquired in April helped push net income up more than 28% for the period. Top-line sale
Hibbett Gets Footwear and Team Sports Boost in Third Quarter…
Hibbett Sporting Goods got a nice contribution from Footwear and Team Sports in the third quarter to push comps store sales up 5.4% in the period on top of a 6.9% increase in the year-ago quarter. A decline in Apparel sales, coupled with lower margins in