Globe International Limited saw fiscal 2007 net sales decrease 18.8% to A$158.1 million ($124.3 mm) from A$194.7 million ($145.6 mm) last year as a result of the company's selling of its World Industries and Streetwear businesses. Sales for continuin
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Harlem Globetrotters Name SVP Sponsorship Sales
The Harlem Globetrotters have appointed Peter LaPointe as the team’s new senior vice president, sponsorship sales. LaPointe is a 14-year veteran of the National Football League, where he spent the past eight years working on the development of the NFL’s i
SIMA Raises $500K Through Waterman’s Ball
Professional surfers and surf industry VIP’s recently came together for the most anticipated surf event of the year, the Surf Industry Manufacturers Association (SIMA) annual Waterman’s Ball. The event raised more than $500,000 to help protect and preser
REI Plans Two Stores for Chicago Area
Recreational Equipment, Inc. plans to open new stores in Schaumburg, Ill. and Lincoln Park, Ill. The locations will double REI’s presence in the Chicago metropolitan area by 2008…
SIA Names Regional Reps of the Year
SnowSports Industries America (SIA) announced the winners of the second annual SIA SnowSports Regional Rep of the Year Award. The Northeast winner was Peter Kidd; Kent Fried won in the Atlantic; John Kerkhof tied with Karen Kerkhof in the Eastern Lakes;
Puma NA Finds New Headquarters
PUMA North America will move to a new headquarter through its purchase of 10 Lyberty Way in Westford, MA. The newly purchased location will serve as the company’s new U.S. Headquarters, housing the brand’s North American operations including sales, marke
A4 Launches Organic Cotton Line
This fall, sportswear company A4 will go green with a spring awakening in the form of Kristiina By A4, an eco-friendly line of sustainable activewear. The natural line named after designer Kristiina Ratia features soft fabrics that are created from certif
Hilco Consumer Capital Acquires Golf Biz from Huffy
Hilco Consumer Capital, LLC and Crystal Capital have partnered to acquire the Tommy Armour, Ram, TearDrop and Zebra brands from Huffy Corporation. Terms of the purchase were not disclosed. HCC management will oversee day-to-day operations of the four bra
VF Completes lucy Acquisition
VF Corporation has completed its acquisition of lucy activewear, inc. As previously indicated, Mike Edwards, current Chief Executive Officer, and his team will continue to lead the business from lucy’s headquarters in Portland…
NYC Bat Ban to Go Into Effect on Sept. 1
A federal court judge has upheld New York City’s ban on non-wood and non-wood composite bats in high school, meaning the ban will take effect as scheduled on September 1st. While deferring to the Council’s right to pass legislation, the Judge said there
Timberland Names SVP and CAO
The Timberland Company has named Carden N. Welsh as senior vice president and chief administrative officer. Mr. Welsh served as Timberland's senior vice president – international from 1998 until 2003 and as treasurer from 1991 until 1998. The company
Heelys Faces Possible Class Action Suits
A pair of law firms, Lerach Coughlin Stoia Geller Rudman & Robbins LLP and Brower Piven, have commenced class actions in the United States District Court for the Northern District of Texas against Heelys, Inc. The suits were filed on behalf of purchasers
Easton Hockey Partners with Teamwork Athletic on Sublimated Jerseys
Easton Hockey has partnered with Teamwork Athletic to distribute top of the line Easton branded, custom sublimated hockey jerseys. This new partnership will allow for dealers to work with hockey associations, leagues, and teams to create custom hockey je
Foot Locker Limits Q2 Losses; Points to Aggressive Turn-Around Plans…
Foot Locker, Inc. saw shares jump more than 10% last week after surprising Wall Street with better-than-expected bottom line results and management offered up a solid plan for turning around a very tough athletic footwear business in the mall. The increa
Gander Mountain Q2 Loss Widens Despite Comp Sales Gain…
Gander Mountain saw strong top line growth in overall terms and on a comp store basis, but contracting margins caused the retailer’s net loss for the second quarter to expand considerably. By region, GMTN saw strong sales in its southern and eastern store