Everlast Worldwide Inc. signed a definitive agreement to be acquired by The Hidary Group, for $26.50 per share in cash, a 14.5% premium to its closing price on May 31, 2007, and a 30% premium to the average closing price over the last month. The total val
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Asics Continues Tokyo Marathon Sponsorship
ASICS Corporation will sponsor Tokyo Marathon 2008 which is going to be held on February 17, 2008. It is the second consecutive year that ASICS will be a sponsor of the running event…
Descente Sees Taxes Stop Bottom Line Growth for Year
During the fiscal year ending March 31, 2007, Descente, Ltd. saw a continuing trend as international expansion once again accounted for a larger portion of the company’s overall sales. Net sales increased 7.1% to ¥75.09 billion ($642.9 mm) from ¥70.13 bil
NGF: April Soft for Nation’s Golf Courses
According to the National Golf Foundation, the gains seen in March were dashed by a 15.1% decrease in rounds played in April won a same-store basis, primarily due to poor weather. The year-to-date figure of -9.0% is the worst performance for the same time
RECALL: Innovative Scuba Swivels
Innovative Scuba Concepts, Inc. and the CPSC are recalling approximately 170 HO110 Swivels for Scuba Regulators. The swivel, which is attached to a diving regulator, could separate while diving, resulting in a complete and sudden loss of the diver's
RECALL: NRS Sea Kayak Paddle Floats
THe CPSC and NRS are recalling approximately 1,000 NRS Sea Kayak Paddle Floats. The plastic tubes used to inflate the paddle float could break and deflate, posing a drowning hazard to consumers. NRS has received five reports of paddle floats breaking and
Hibbet Sports President Priddy Resigns
Hibbett Sports, Inc. President Brian N. Priddy has resigned to pursue other interests. Priddy's duties will be distributed among the company's senior management…
Crocs Picks Up Win in Jibbitz Infringement Case
Crocs, Inc.'s wholly owned subsidiary, Jibbitz, LLC, prevailed in its Federal copyright and trademark infringement case against defendant Joinworld Industrial & Trading Limited and its principals, the company reported in a release. The Court awarded
RECALL: Marker M1 Demo Ski Bindings
The CPSC and K2 Sports, Inc. are recalling approximately 7,400 pairs of Marker M1 Demo Ski Bindings. Skiers can unintentionally displace a lever at the rear of the binding which is used for fitting adjustment by ski technicians. If it is fully displaced,
Edwin Watts Acquired by Sun Capital Affiliate
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, Florida, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten sou
Gildan to Close Two Mt. Airy Factories
Gildan Activewear Inc. has closed two sock facilities located in Mount Airy, N.C. Approximately 520 employees will be affected by the closures, which will be completed by the end of August 2007. The company anticipate a 10 cents per share accretion impact
Boccieri Golf Names Czech/Slovakia Rep
Boccieri Golf, manufacturers of the Heavy Putter, has named Golf Brothers, an affiliate of German golf-products distributor McEvans Sports, as its agent in the Czech Republic and Slovakia…
Fila USA Names Greco as VP and COO
Andrea Greco has been named vice president and COO for
Fila USA. Greco, 39, rejoins Fila USA where he was the company’s VP of supply chain from 2001 to 2005. Most recently, Greco was VP of global sourcing for EDS, a leading IT outsourcing company based in
Motion Filed to Stop NYC Bat Ban from Taking Effect
Don't Take My Bat Away, the coalition of parents, coaches, baseball enthusiasts and batmakers that oppose the ban on non-wood bats in New York City high school baseball games, announced that it filed a motion late Tuesday to have the ban declared unl
Payless Q1 Net Income Rises 8.1% on 5% Comps Gain
Payless ShoeSource, Inc. saw first quarter net earnings increase 8.1% to $38.9 million, or 59 cents per diluted share, from $36.0 million, or 53 cents per diluted share in the same quarter last year. First quarter 2007 comparable store sales were up 5.0%,
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal