Deluxe Distribution's Jim Thiebaud announced the end to skateboard brand Rasa Libre in a press release, noting that “no single reason or even a bunch of reasons” could be pointed to for blame, but rather that sometimes, “it comes down to a bunch of f
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Everlast Chairman and CEO, George Horowitz, Passes Away
Everlast Worldwide, Inc announced that George Q Horowitz, the company's chairman and CEO passed away yesterday after a brave and courageous fight with kidney cancer. George Horowitz, born March 22, 1950, became CEO and Chairman of Everlast Worldwide
Ashworth Explores Strategic Options; Warns of Q4 Net Loss
Ashworth, Inc. announced that with the help of Houlihan Lokey Howard & Zukin, it will assess its position in the market and evaluate a wide range of strategies and alternatives to increase future shareholder value. The company also gave guidance for Q4 wi
Black Friday Has Less Impact on Holiday Trend…
Has Black Friday, the day after Thanksgiving that had been the historical tipping point for American retailers to start turning a profit for the year, become much ado about nothing for good? Before the leftovers are all gone, before the numbers are talli
Vital Apparel Group Acquires InSport…
Vital Apparel Group last week acquired InSport International in a move that gives the women’s fitness apparel company a solid foothold in the running and cycling business. Terms of the deal with were not disclosed. Vital, a privately-held company based
Nike Execs Glad to be Back on Ground…
Bill Perez knew that his move to Nike, Inc. would be an exciting ride, but the company’s president and CEO got more than he bargained for last Monday. National media rushed to a scene that had four execs circling Portland, Ore. for six hours as the compa
adidas Names Langstaff President for North America; California ‘Roo Suit Dismissed…
After a year of turnaround that has seen the brand recapture momentum in the U.S. market, adidas-Salomon AG announced last week that 14-year brand veteran Rob Langstaff has been appointed president of adidas America Inc., effective January 1, 2006. Langs
Genesco Continues to Score Big in the Mall…
Genesco Inc. was able to overcome tough comparisons to a strong third quarter last year, and challenges from hurricanes and rising gas prices this year, to deliver a solid top-line effort in the quarter ended October 29. The company saw balanced sales gr
Famous Footwear Posts Solid Q3 Despite Weaker BTS Athletic Business…
Brown Shoe Company moved further into its strategy to strengthen its specialty retail and wholesale businesses in the third quarter, but the expenses attributed to the changes had less of an impact than they did in the second quarter. Excluding after-tax
Sport-Haley Narrows Fiscal Q1 Loss on Cost Cutting Measures…
Sport-Haley cut its net loss for the fiscal first quarter ended September 30 to only $426,000, or a loss of 16 cents per share, compared with a net loss of $1,276,000, or 52 cents per share last year. This improvement was achieved in spite of a considera
Collegiate Pacific and Sport Supply Call Off Merger after Shareholder Suits…
After reporting combined results with Sport Supply Group, Collegiate Pacific has had to back-pedal, announcing last week that the companies have mutually agreed to terminate their merger agreement. This announcement comes on the heels of a pair of lawsui
K2 Outerwear Group Takes Shape Under Marmot…
All sales, marketing, and product development operations of the K2 Snow apparel brand have fully transitioned from K2 Sports in Vashon, Wash., to operate under Marmot in Santa Rosa, Calif. K2 Inc. acquired Marmot in 2004, enabling the company to establis
Perry Ellis Dives Deeper into the Action Sports Market…
Perry Ellis International seems to be taking a closer look at the Action Sports industry, changing its Swim division into an Action Sports/Active group after acquiring the Gotcha brand and its trademarks. PERY took its actions in the industry a step furt
BRS Fuels Further Growth at Levtran…
Private equity firm Bruckmann, Rosser, Sherrill & Co., L.L.C. continues to have an appetite for the sporting goods industry, making another deal last month to fund an MBO at Levtran Enterprises, which operates the Downtown Locker Room and DTLR businesses
China Commits to Offensive Against Golf Counterfeitors…
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group, which includes the Acushnet Company, Callaway Golf, Cleveland Golf, MacGregor Golf, Nike, PING, and TaylorMade-adidas Golf, announced last week that the Chinese government has launched a major
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