Cybex has appointed Arthur W. Hicks, Jr. as president, COO and CFO. Mr. Hicks, 49, has served Cybex as COO since 2006, as CFO since 2002 and as director since 1997. He also held the title EVP of Cybex from January 1, 2006 until his appointment as presiden
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
Faltinek to Retire from NSGA Post
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
Freeskier Dumont Launches Apparel Company
Simon Dumont, one of the biggest names in freeskiing is launching a new apparel company, Empire Attire. Empire’s first product will be a seasonal glove line specially created for winter and spring skiing…
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…
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…
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
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
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
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
Debate Over Polycarbonate Water Bottles Grows…
The reputation of Lexan polycarbonate water bottles received another blow last week after yoga retailer Lululemon joined Mountain Equipment Co-op in pulling water bottles containing bisphenol-A (BPA) from their shelves. Vancouver's Mountain Equipment
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
Late November Cold Shifts Outdoor Footwear Sales…
While last year was considered by many to be one of the worst winters for outdoor and snow sports retailers in the past decade, Footwear sales remained strong. However, this year is getting a later start, according to data collected by SportScanINFO. Last