NSGA President and CEO James L. Faltinek will voluntarily retire from the Association May 2, 2008. The Association plans to consider both internal and external candidates to fill the position. Faltinek, who will assist with the transition, has been with N
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
The Finish Line Q3 Loss Grows on Sales Decline; Genesco Fees
The Finish Line, Inc. recorded a net loss from continuing operations of $13.8 million, or 29 cents per diluted share for the third quarter ended December 1, 2007. The quarterly loss widened from a net loss from continuing operations of $1.8 million, or 4
Northwave Names Sales Director for Canada
Northwave North America has named Pierre Tasse as the new sales director in Canada for Northwave bike and snow brands. Pierre has been with Northwave for the last 14 years as a sales rep under his sales and marketing company Agence De Sports PTS Inc…
Babolat Names Southern Regional Sales Manager
Babolat has added David Dwelle as regional sales manager. Dwelle will be responsible for the Southern region of the country…
Solstice Outdoor Moves Into Bigger HQ
Solstice Outdoor, Inc. has moved from its previous location in Northeast Portland to a larger building in the quickly developing North Portland neighborhood. The move took place in October 2007 to accommodate the company's growth and brand re-launch
Macy’s to Close Nine Stores
Macy’s, Inc. plans to close nine underperforming Macy’s stores in the next few weeks. The affected stores are located in Indiana, Louisiana, Ohio, Oklahoma, Texas and Utah…
Ashworth Sees Q4 Sales Rise; Net Loss Slim
Ashworth, Inc. reported consolidated net revenue for the fiscal fourth quarter ended October 31, 2007 increased 8.9% to $54.6 million compared to $50.2 million in the same quarter last year. Net domestic revenue increased 9.1% to $44.7 million for the fou
Tony Hawk Foundation Passes $2 Million in Funding
The Tony Hawk Foundation Board of Directors voted today to award 29 grants worth $255,000 for the construction of new public skateparks in low-income communities across the U.S. This series of grants and a special Pledge Drive in October that raised $60,5
NSGA Management Conference to Examine Future of Retail
The future of retailing in the 21st Century will be examined at the 44th Annual NSGA Management Conference May 4-7, 2008 at the Pointe Hilton Tapatio Cliffs Resort in Phoenix, Ariz. Futurist Ed Barlow, president of Creating the Future, Inc., will discuss
Sportsman’s Warehouse Receives Credit Boost from GE
GE Commercial Finance Corporate Lending has provided a $325 million asset-based credit facility to Sportsman’s Warehouse, an outdoor sporting goods retailer. The financing will be used to fund working capital needs. GE also provides the company with aircr
Nike, Inc. Spends Big to Drive Fiscal Q2 Growth…
Nike, Inc. reported that the Nike brand posted a mid-single-digit revenue increase in the U.S. region for the fiscal second quarter through November, but the real energy continued to come out of the international business as emerging markets in both Europ
Nike, Inc. Scores Win in Umbro Buyout Bid…
A brief but significant chess match unfolded behind closed doors this week in the U.K. as Mike Ashley, the founder of U.K. sporting goods retailer Sports Direct, attempted to use his deal-breaking 29.9% stake in Umbro to fortify negotiations with Nike, In
Sports Direct Sees H1 Profits Plunge…
Sports Direct reported a 72.6% drop in pre-tax profits in the first half of the year, to £13.0 million ($26 mm). Revenues were down 7.1% to £668.1 million ($1.34 bn). Retail sales in the U.K. fell 12.9% to £518.4 million ($1.04 bn), while International r
JJB Makes Lifestyle Move with Original Shoe…
JJB Sports has acquired the Original Shoe Company from Sports Direct International PLC for a consideration of £5 million ($10.0 million) in cash. The Original Shoe Company sells a range of branded lifestyle clothing and footwear including Ben Sherman, Hen
GBMI Acquired by Titan Global Holdings…
Titan Global Holdings, Inc. has purchased the majority of all of the assets of Global Brand Marketing, Inc. (GBMI), including inventory, accounts receivable and intellectual property assets. Titan also said it hired the complete core of executives current
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