The NBA Store on Fifth Avenue had its “most successful November ever,” along with its “most successful shoe launch ever” with the adidas Originals NBA Superstar Collection. The store reported that November sales volume increased 7% over its previous highe
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Innovative Invests in VO…
VO Gloves, makers of CZiP gloves, has received $2.5 million in new funding from Innovative Distribution. The funding will support VO’s new product line and increase the company’s manufacturing and design capabilities. VO Gloves has plans to develop produc
Golf Galaxy Q3 Net Loss Widened by Acquisition…
In the third quarter, the soon-to-be acquired retailer Golf Galaxy, Inc. reported its fifteenth consecutive quarter of comparable store sales growth. Unfortunately, costs related with that pending acquisition by Dick’s Sporting Goods caused the company t
American Apparel Finds Backdoor to Public Status…
American Apparel Inc. announced its intentions of effectively ‘going public’ last week as it plans to merge with Endeavor Acquisition Corp., with the deal expected to close during summer 2007. The combined company will operate as American Apparel and is e
Adams Golf Plans Purchase to Grow Women’s Golf Unlimited…
Adams Golf extended its reach into the women’s side of the golf market last week with the announcement of its planned acquisition of Women’s Golf Unlimited (WGU), which includes the trademarks, internet domain names, and customer lists for the Square Two
Nautilus Inc. Shuffles Product Development Teams…
Nautilus plans to relocate its Louisville, Colo.-based fitness product development facility to the company’s headquarters in Vancouver, Wash. and then move its Apparel Division, including Pearl Izumi from leased facilities in Broomfield, Colo., into the n
NexCen to Acquire Bill Blass for Up to $70.8 Million…
The Athlete’s Foot parent company, NexCen Brands, Inc., has entered into a definitive agreement to acquire the Bill Blass Holding Co., Inc. This acquisition will also include two subsidiaries owned by Blass, Bill Blass Licensing Co., Inc. and Bill Blass I
Sporting Goods Pick Up Mall-Based Slack in Q3…
The 2006 third quarter at retail, like the second quarter before it, was fairly stable in terms of acquisitions, consolidations, or other major shifts that would have caused a sever shift to the landscape. Big Dog Holdings’ additions of Steve’s Shoes and
VF Outdoor Coalition to Acquire Eagle Creek…
VF Outdoor, Inc. is in negotiation to acquire Eagle Creek, Inc. Eagle Creek currently has annual sales of approximately $30 million. Terms were not disclosed, but SportsOneSource suspects that Eagle creek sold for a premium, given the brand equity company
Garmin, TomTom Both Claim Victory in Patent Dispute…
Garmin Ltd. and Amsterdam-based TomTom both claimed victory of sorts over the weekend after a U.S. District Court in Wisconsin issued its decision on pending cross motions for summary judgment filed by Garmin and TomTom in their pending patent litigation.
ABA Merges with Souvall-Page Co.
Souvall-Page and Company, Inc. and American Basketball Association, Inc. have closed a merger and completed equity financing. As a result of the merger, the officers and directors of ABA will also become the officers and directors of Souvall-Page and the
NBA Store Has ‘Most Successful November Ever’
The NBA Store on Fifth Avenue had its “most successful November ever,” along with its “most successful shoe launch ever” with the adidas Originals NBA Superstar Collection.
The NBA Store saw November sales volume increase 7% over its previous highest mon
Factory Design Labs Promotes From Within, Adds From Without
Factory Design Labs promoted Ross Maupin to Associate Creative Director, Amy Kitt to Senior Art Director; and Mike Scarano to Art Director. Additionally, Kyle Bernhardt has joined Factory's creative team as a Studio Artist. Meghan Campbell, has been
Nike Q2 Sales Up 10%; Net Up 8%
Nike, Inc. saw fiscal second quarter revenues grow 10% to $3.8 billion from $3.5 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 1 percentage point for the quarter. Net income grew 8% in the quarter to
The Finish Line Posts $3 Million Dollar Loss in Quarter Three
The Finish Line, Inc. posted a net loss of $3.0 million for the third quarter, or 6 cents per diluted share, after reporting a net income of $845,000, or 2 cents per diluted share in the same quarter one year ago, Consolidated net sales increased 2.7% to
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