The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca
Author: SGB Media
Delta Looks to Soffe for Business Boost…
The deal that sees Soffe become a unit of publicly-traded Delta Apparel Inc. appears to be worth $72 million if all performance conditions are met…
Latest Riddell Flip Brings Cash Aplenty…
Riddell Sports Group has been flipped once again after a two-year ownership stint under Lincolnshire Management…
Who Wants to Be a Billionaire…
Callaway’s proposed acquisition of Top-Flite, once completed, would see Oaktree Capital Management entirely divested of the former Spalding Sports business it took control of in April 2002. Earlier this year, Oaktree sold the company’s Etonic golf shoe d
VF Corp. Saves a Sinking Nautica….
VF Corp. chairman & CEO Mackey J. McDonald breathed a sigh of relief as the agreement to purchase Nautica was finalized on July 7th…
Gotcha Emerges From Bankruptcy…
Gotcha is emerging from Chapter 11 bankruptcy after filing for protection last August. The company currently owes creditors about $8.0 million, but plans to pay it off with 6-8% interest within 44 months…
Stride Rite Making Exec Moves…
Rick Thornton has been named president and COO of the Stride Rite Corporation, with full general management responsibility for Keds, Sperry Top-Sider, Stride Rite Children's Group, Tommy Hilfiger Footwear, International and Sourcing. David Chamberla
adidas to Deliver 2003 Numbers Despite Weaker U.S. Business…
adidas-Salomon will need to rely on stronger than expected sales and margin growth in Europe and solid sales growth in Asia to achieve its projected 5% currency-neutral sales growth and 10% to 15% earnings growth for the year…
Aussie Adds More Stalls at the Barn…
Aussie Apparel Group continues to aggregate small alternative brands as it announced last week the addition of two more labels to its growing stable…
Raider Takes 5% Stake in Perry Ellis…
When Perry Ellis International, the Florida-based apparel company that owns Jantzen and holds licenses for Nike swimwear and Ping apparel, purchased the Salant Corporation in June, it also got another famous name of dubious distinction when it closed the
Oh, For the Good Old Days…
Seems like the tennis stars of yore are fed up with the monotony of the “new school” of professional tennis…
Hasek To Open Stores in Detroit…
Dominic Hasek will be bringing more than his goalie mask when he returns to the Detroit Redwings after a one-year retirement that didn’t take…
Nautilus Trips Over Bowflex Declines…
The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…
Malden Mills is on track to emerge from chapter 11 bankruptcy
Malden Mills is on track to emerge from chapter 11 bankruptcy by late August of this year…
Line Skis LLC Has Been Jumping Through Hoops
Line Skis LLC Has Been Jumping Through Hoops attempting to get their bindings to retailers. According to Jason Levinthol, the company spokesperson, “All in all, it's simply taking a lot longer to set up and solidify all the manufacturing than expect