According to a new forecast by Forrester Research, U.S. Online Retail will nearly double over the next five years, jumping from $172 billion in 2005 to $329 billion in 2010. The research firm feels that new innovations will make online shopping easier an
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Amer’s Salomon Deal Delayed a Bit…
The Amer Sports Corporation acquisition of Salomon from adidas-Salomon AG will be delayed by two weeks due to a revision of the processing schedule by EU competition authorities. Salomon will commence operating as an Amer Sports division on October 1, 20
Finish Line Provides Closer Look at Concept Store
The Finish Line announced that it is in the developmental stages of a new concept store. The company did not reveal the name of the new concept as it is currently in the trade mark process, but said that the concept will be a unique, multi-channel, premi
Oakley Appoints Coors CEO to Board
Oakley, Inc. announced the appointment of Frits van Paasschen to its Board of Directors. Mr. van Paasschen is president and CEO of Coors Brewing Company, a subsidiary of Molson Coors Brewing Company. Prior to joining Coors Brewing Company, Mr. van Paassc
Perry Ellis Signs Sponsorship Agreement with the Miami Dolphins
Perry Ellis International, Inc. announced that it has signed a multi-year agreement with the Miami Dolphins and Dolphins Stadium to promote the company's brands at Dolphins games. The agreement gives Perry Ellis the rights to place the Dolphins Stadi
FTC Sees Ab Force as Falsely Advertised
The Federal Trade Commission announced a unanimous opinion and order holding Telebrands Corporation, TV Savings, L.L.C., and their principal, Ajit Khubani, liable for false advertising for the Ab Force, a belt-like device that uses electronic stimulation
Garmin CEO Plans to Sell Up to One Million Shares
Garmin Ltd. announced that company co-founder, chairman, and CEO, Dr. Min H. Kao, has established a pre-arranged trading plan to sell up to one million of his shares in the company between Oct. 2005 and Sept. 2006. The plan was adopted in accordance with
Hind Motion Sensor Bra Wins ‘GFW Pick’
Hind announced that the Hind Motion Sensor Bra has been named a “GFW Pick” by Golf For Women magazine in “Bra Size Matters.” The review can be found in the September/October 2005 issue of Golf For Women. The Motion Sensor Bra is the first bra to have a bu
Converse Signs D-Wade to Long-Term Partnership
Converse announced the creation of a long-term, strategic partnership with professional basketball star Dwyane Wade to create footwear, apparel, and equipment for America’s first basketball brand. “Dwyane has proven to be an important partner in re-establ
Northwave Moves Offices; Makes Rep Changes
Northwave North America has moved to new offices in the Fremont district of Seattle. Along with the move, several people moves have been made, including Dave Henderson joining the team as Northwest sales rep; Kevin Pearson representing Northwave in MI, IN
Asics’ GEL-Trabuco VIII Receives ‘Best Update’ Award
Asics' GEL-Trabuco VIII has garnered ‘Best Update’ from Runner's World in the November 2005 Trail Shoe Review.
Rossignol Selects Voiron, France for Worldwide HQ
Fresh off the announcement of the big move to Park City, UT, Quiksilver, Inc. announced that Rossignol's new worldwide headquarters will be in the Centr'Alp 2 site near Voiron in Isere, France. The inauguration is scheduled for the end of 2007,
Cabela’s Negotiating to Open 2nd Wisconsin Store
Cabela's Incorporated announced that it is currently in negotiations to build one of its stores in Richfield, Wisconsin. Cabela's would locate on an approximately 60-acre site in Washington County. Plans call for approximately 20 acres of the 60
Finish Line Q2 Sales Up, But Income, Comps Down
The Finish Line reported net income for the second quarter ended August 27, 2005 was $18.9 million (38 cents per diluted share) a decrease of 8% versus net income of $20.5 million (42 cents per diluted share) for the same quarter last year. Net sales incr
NRF: Moderate Sales Growth for Holiday ’06
After last year's holiday season proving to be the strongest in the last five years, NRF is predicting moderate holiday sales growth for this year. Total holiday retail sales are expected to increase 5.0% over last year, bringing holiday spending to
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