Nike, Inc. opened a Nike Factory Store at The Legends at Village West in Kansas City, KS. To celebrate the grand opening, Nike awarded a $5,000 cash and product grant to the Wyandotte County Boys & Girls Club. The donation is a part of NikeGO, Nike's
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Russell Corp. Brands May See Greater Economies of Scale through Berkshire Hathaway Deal…
In classic Warren Buffett tight-lipped fashion, in-depth details of the announced merger of Russell Corporation into Buffett’s Berkshire Hathaway Inc. were scarce. Based on a release issued last Monday by RML, Berkshire Hathaway will acquire Russell Corp
Golf Galaxy Q4 Sales Jump; Nearly Halves Q4 Loss…
Golf Galaxy, Inc.'s net sales for the fourth quarter of fiscal 2006 increased 49.5% to $40.1 million, compared with $26.8 million for the prior-year period. Comparable store sales increased 2.5% for the fiscal fourth quarter, on top of an increase of
Wolverine Shares Jump on Solid Business Outlook…
Shares of Wolverine World Wide, Inc. jumped 21.5% last week to close at $25.00 on Friday after the company announced strong first quarter sales and earnings growth and then moved to upgrade guidance for the year on stronger backlogs and improving margins.
Mossimo Bid Sees New Challenges…
The saga of the future of Mossimo Inc. contnues. After a bid by founder Mossimo Gianulli to take the company private several months ago failed, the latest attempt to acquire MOSS is under challenge from two sides. Iconix Brand Group proposed to acquire M
Reebok Solidifies U.S. Team; Analysts Still Looking for Clarity on Brand Positioning…
Reebok and adidas executives continue to field a barrage of questions about the positioning of the two brands in the market and the future of league deals that many see as the real value in the deal that created the new combined business. Key execs from
ICON Counters Sales Declines With Back-End Efficiencies to Swing to Profit in Fiscal Q3…
After a strong start to its fiscal year, the fortunes of ICON Health & Fitness, Inc. have faded over the past two quarters, as the company posted sales declines of 6.4% in Q2 and 3.9% in the most recent quarter. That’s a tough nut to swallow when the two
Deckers Gets Settlement in Madden Suit…
Deckers Outdoor Corporation announced late Friday that it had settled its trademark trade dress infringement lawsuit against Steve Madden Ltd. DECK had filed the suit in the U.S. District Court in Los Angeles in January, alleging that Madden’s retail sto
Play It Again Parent Turns Q1 Sales Dip into Gain…
Play It Again Sports’ parent, Winmark Corporation, posted a 2.4% decrease in net revenue for the first quarter to $7.0 million from $7.1 million last year. Revenues from merchandise sales were $1.3 million, down 42.3% from the $2.2 million posted during t
Oakley Q1 Sales Increase 7%; Net Falls…
Oakley, Inc. increased its net sales during the first quarter by refocusing its energies on the optics category. However, returns and clearance in the electronics and footwear categories, along with the strengthening of the Dollar, caused the company’s ma
VF Corp. Ups Guidance on Denim Strength…
VF Corporation shares rose 10.9% last week to close at $62.16 on Friday after the company upped guidance based on stronger-than-anticipated results in the domestic jeanswear business and continued “very strong momentum” in the Outdoor Coalition. VFC now s
New Balance Gives Back with Playground Program…
Last Week marked the anniversary week in which Jim Davis acquired the New Balance business in 1972. As part of its Centennial Year, New Balance chose the anniversary week
to announce a program that will see the company invest in playgrounds in five New En
Report: CamelBak Debt Down…
Credit Investment News is reporting that second lien bank for CamelBak Products debt fell 20 points last week on word that the company is running into revenue growth issues, due primarily to a slowdown in military orders. CamelBak is a privately owned co
Snow Sports Retailers Carry Momentum into the Home Stretch …
Snow Sports Retailers continue to see apparel sales and higher average selling prices for equipment drive sales gains this year. Overall, trade association SnowSports Industries America is reporting a relatively healthy year through February 2006. Total s
New Era Cap Gets in the Retail Game…
New Era Cap Co., Inc. will open its first flagship store in New York City. New Era: New York, which will be located at 9 E. 4th Street, in New York City’s Greenwich Village, is slated to open in May 2006 and will feature the entire line of New Era, from t