BIONICON Bicycles has relocated its headquarters and is opening a Demo Center in Wofford Heights, California in the Kern River Valley…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Shoe Carnival Achieves Slight Earnings Gain Despite 6.4% Comp Decline
Shoe Carnival, Inc. reported sales for the second quarter slid 3.7% to $152.8 million from $158.5 million as comps declined 6.4%. Earnings inched up 0.5% to $982,000, or 8 cents per diluted share, from $977,000, or 8 cents, a year ago…
Li Ning’s Sales Run UP 32.4% in First Half
Li Ning Group Ltd., the Hong-Kong based athletic sportswear firm, reported revenues grew by 32.4% to RMB4,051.9 million ($593.5 mm) in the first six months of the year. Accounting for 92.2% of the total revenue, sales of the LI-NING brand grew by 24.5% to
Helly Hansen Promotes Turner to VP Sales in U.S.
Helly Hansen promoted Brent Turner to vice president of sales for the U.S. market. Brent joined Helly Hansen as the key account manager in the company’s Seattle office in November 2008…
Quiksilver and Roxy Enter into Optical Licenses
A&A Optical has announced an agreement with Quiksilver Technical Division, headquartered in Hossegor, France, to be the exclusive supplier of Quiksilver and Roxy ophthalmic eyewear throughout the U.S. and Puerto Rico…
EMS Launches Commuter Consciousness
Eastern Mountain Sports teamed up with NuRide, a commuter rewards company, to reward individuals who undertake 'Commuter Consciousness' when they reduce emissions by carpooling, vanpooling, walking, biking, telecommuting and taking public transp
Sport Supply Sees Cost Reductions Boost Fiscal Fourth Quarter Profits
Sport Supply Group, Inc. reported sales dipped 2.3% in its fourth quarter ended June 30, to $59.7 million from $61.1 million a year ago. Earnings rose 27.7% to $2.3 million, or 18 cents a share, from $1.8 million, or 15 cents, a year ago…
Fila to Make Co-Branded James Blake Collection
Fila and James Blake have entered into a product collaboration to develop a co-branded apparel, footwear and accessories collection with a trademark to be designed by Blake…
Easton Partners with Pitch In For Baseball
Easton Sports has partnered with Pitch In For Baseball, a non-profit organization which collects and delivers new and gently-used youth baseball and softball equipment to communities around the globe…
Brown Shoe Posts $4.2 Million Q2 Loss, Famous Footwear Comps Off 6.7%
Brown Shoe company, Inc., the parent of Famous Footwear, reported sales in the second quarter reached $511.6 million, a decrease of 10.1% compared to $569.2 million in the year-ago quarter. The net loss in the period came to $4.2 million, or 10 cents a sh
Pacific Brands Posts FY Loss as Sales Slide 5.5%
Pacific Brands Inc. posted an Australian $234.5 million ($194.2 mm) net loss in its fiscal year ended June 30, dragged down by big writedowns on brands, manufacturing plants and other parts of the business. That’s down from a A$116.6 million ($96.6
Cash for Clunkers Reaches Cycle Shops
At least two cycle shops have come up with their own version of the Cash for Clunkers car rebate program. Joe Bike in Southern Portland and the Ski & Bike Shop in Grand Forks, North Dakota are both offering bike discounts in trade-in deals…
Bernard Mariette Becomes President and CEO of Coalision
Bernard Mariette, the former Quiksilver president, was appointed president and CEO of Coalision Inc., the Montreal parent of the Orage skiing brand and Lolë technical apparel brand for women…
Jonathan Horton Becomes Endorser for GK Elite Sportswear
GK Elite Sportswear, L.P., the manufacturer of gymnastics apparel, signed Jonathan Horton to an endorsement contract. At the 2008 Olympic Games in Beijing, Horton earned a Silver medal on the high bar, as well as a Bronze medal in the team competition…
Thule to be Distributed by Outdoor Gear Canada
Thule entered into an agreement with Outdoor Gear Canada (OGC) to distribute both Thule and SportRack branded products to the Canadian market. This agreement will give Thule and SportRack dealers the flexibility to buy direct from Thule or from OGC…
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