JJB Sports Plc said its first-half loss widened as it lacked enough inventory due to liquidity issues. But the U.K. sporting goods chain was encouraged by signs of improvement in its performance. The net loss from continuing and discontinued operations wa
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Blacks Leisure Puts Sandcity Unit Into Administration
Blacks Leisure Group placed its Sandcity boardwear stores in administration after its bank Tuesday gave it a month to come up with a restructuring plan for its money-losing stores. The U.K. outdoor clothing retailer also expects to breach a financial cove
Foot Locker Opens Fourth House of Hoops in New Jersey, Plans Stores in Europe
Foot Locker opened its fourth House of Hoops store at the Cherry Hill Mall in South Jersey. The location is only the fourth House of Hoops in the U.S. and the first in the suburbs. Other stores are located in Harlem, Chicago and Los Angeles. House of Hoop
ASICS to Open First U.S. Store, Expands into Golf and Lacrosse
ASICS plans to open its first store in the U.S. this fall. At an event showcasing its Spring 2010 collections in New York City, ASICS officials also revealed plans to enter the golf and lacrosse categories in the U.S. for the first time…
Oakley Expands Customized Program to Watches and Backpacks
Oakley, Inc. announced the further expansion of its program that gives customers the option to customize select Oakley products. In addition to eyewear and performance goggles, the Oakley Custom Program (OCP) now includes timepieces and backpacks…
McNett Acquires Gear Aid Product Line from Adventure Medical Kits
McNett, the supplier in the Care and Repair category, has purchased the entire Gear Aid product line from Adventure Medical Kits…
Terry Precision Bicycles Signs Licensing Agreement with ASI
Terry Precision Bicycles, the women's cycling company, signed a license agreement with Advanced Sports, Inc. (ASI) to distribute an expanded line of women's performance and lifestyle bicycles…
Tracker Trucks Merges with Pure Distribution
Tracker Trucks, the maker of skateboard components, has merged with Pure Distribution, which includes Premium Skateboards, Finesse Products, and Orion Trucks. Terms were not disclosed…
SCARPA Promotes to Fill Pro Sales post
SCARPA North America promoted Steve Jozefczyk to Pro Sales Representative and hired Danielle Rocks to fill Jozefczyk’s previous post as Sales Service Representative overseeing the Eastern U.S. and Canada…
Hanesbrands Agrees To Pay $13.8M To Strengthen Pension Plan
Hanesbrands Inc., the parent of Champion, reached a $13.8 million settlement with the Pension Benefit Guaranty Corp., agreeing to strengthen the funding of its retirement plan…
SGMA Warns Over China Trade
In response to President Obama's decision to impose 25-35% safeguard duties on Chinese-made tires, China's Ministry of Commerce announced that it would be initiating antidumping investigations against U.S. exports. China identified chickens and
Usain Bolt Dismisses $100MM Contract by Chinese Firm
The management team of World and Olympics triple gold medalist Usain Bolt has disassociated itself from a statement attributed to Ajani Williams representing Anza Marketing Group (AMG) on a multimillion-US-dollar deal reportedly offered to the sprint sens
SKINS and USA Cycling Form Apparel Partnership
SKINS and USA Cycling jointly announced the upgrade of their partnership agreement in order to equip the athletes of USA Cycling. Beginning in February 2010, SKINS will provide its full range of competitive cycling apparel to USA Cycling athletes across t
Hanesbrands Inc. Partners with Mount Everest Expedition
Hanesbrands Inc. said its Champion and Duofold apparel brands will be used by an expedition team that plans to climb Mount Everest next spring. Leading the expedition will be Jamie Clarke, who has climbed the highest mountain peaks on all seven continents
Gander Mountain Names Director of Digital Media
Gander Mountain has named Bill Hagerott as the director of digital media. Hagerott will oversee the direction of all online programs including web site design, usability and development for GanderMountain.com, Overtons.com and ConsumersMarine.com…
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