Nike has appointed three divisional vice presidents: Pamela M. Catlett as vice president of Nike's Investor Relations, Jim Allaker as vice president, Finance, Planning and Operations for Nike's Europe, Middle East and Africa (EMEA) region and Hu
Author: SGB Media
Yue Yuen Plans to Acquire 9.9% of Luen Thai
Yue Yuen and Luen Thai jointly announced that Yue Yuen plans to become a strategic shareholder of Luen Thai by acquiring the new shares to be issued in Luen Thai’s Global Offering exercise. Upon completion of the share acquisition and the Global offering,
Watershed Partners with Granger’s
Watershed USA has formed a new division with a wholly owned subsidiary, doing business as Axis Outdoor. Axis Outdoor will be responsible for the distribution, marketing, and brand management of the product side of Watershed’s business. Watershed USA will
Felt Racing Inks New Distribution Deals
Felt has selected five new international distributors to provide its bicycles and products to its ever-growing global customer base. Effective immediately, Felt products will be carried in Canada by Spaso Sports; Italy by Charlie Srl; New Zealand by Cycle
Wolverine Licenses Hush Puppy Name to Toy Manufacturer
Wolverine World Wide has signed a multi-year contract with Russ Berrie and Company, Inc. to manufacture and market Hush Puppies branded plush toys. The global license agreement will allow the Hush Puppies plush program to be available through the vast net
Nike Has a Good Day, But Great Quarter and Year…
“It is a good day today.” That statement by Charlie Denson, co-president of Nike Brand, in his prepared remarks on Thursday evening probably best summed up the upbeat mood on the Nike campus after releasing their most recent fiscal year-end and fourth q
Finish Line Sees Itself the “House of Shox”; Strong Q1 Performance Shocks No One…
The Finish Line expects to see the promotional landscape in the mall continue as they enter the Back-to-School period, but is also looking for some upside with the amount of athletic specialty retail real estate that has been taken out of the market and a
Dick’s Sporting Goods Acquires Galyans in Gutsy Move to Expand Faster…
If you were surprised by last Monday evening’s announcement regarding the Dick's Sporting Goods acquisition of Galyan’s Trading Company, you probably have not been reading between the lines (or SEW) for the last six months…
Majestic and Outdoor Cap Ink Team MLB Agreements…
Major League Baseball Properties has reached new five-year licensing agreements for Team MLB, the exclusive new line of Major League Baseball branded institutional baseball uniforms, with Majestic Athletic, Ltd. and Outdoor Cap Co. The new deal was announ
Cabela’s IPO Price Jump Puts an Extra 25% in their Quiver…
When Gander Mountain debuted its IPO in April SEW quipped that the management there should send some flowers to Ed Stack and his team for helping create the impression of a strong opportunity in sporting goods retail stocks. Well, we think the Cabela’s t
Stride Rite Q2 Reverses Poor Q1 Trends; Keds Still a Drag on Business…
Any thoughts that new Keds president Shawn Neville will have much of a honeymoon when he joins Stride Rite Corporation on July 7 were quickly dashed last week as the company pointed to the troubled division as a key culprit in the company’s anemic results
Cutter and Buck Finishes Year with Good Momentum; Conley Gives Up CEO Spot…
Cutter & Buck chairman and CEO Fran Conley appears to be signaling that the hard work is complete in her turnaround efforts at a company she has guided through some pretty difficult times since her appointment to the CEO slot in April 2002. Conley, who w
Collegiate Expands Team in Dixie Deal…
After establishing a foothold in the Midwest team dealer market in April with the acquisition of Kesslers Team Sports, the country’s largest team dealer at the time, it only made sense for Collegiate Pacific to turn their attention to the other regions of
Just One More Volley in Nautilus/ICON Action…
In yet another example of judicial efficiency, The United States Court of Appeals has reversed, for the third time, the status of the preliminary injunction in the Nautilus v. Icon case involving the “CrossBow” and “Bowflex” names. In its current form, th
Vans Settles Shareholder Merger Suit…
Vans, Inc. announced late Friday that it had settled a class action suit related to its merger with a subsidiary of VF Corporation.. VFC in late April agreed to acquire the venerable skate brand in a $396 million deal. Vans will roll up under VF’s Outdo
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