Phoenix Footwear Group reported a net loss of $5.11 million, or 63 cents per share, for the second quarter ended July 4, 2009, compared to $2.16 million, 26 cents per share, in the second quarter of fiscal 2008…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Acushnet Co. Wins New Trial in Callaway Patent Case
The Acushnet Co. said it won a court victory on Friday in its long-running patent dispute with Callaway Golf Co. over Acushnet’s Titleist Pro V1 line of golf balls. The U.S. Court of Appeals for the Federal Circuit in Washington, D.C. ordered a new trial
Nike Canada to Sponsor Vancouver 2010 Olympic Winter Games
Nike Canada Corp. and the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) announced that Nike has been named the Official Supplier of high performance sporting goods for the upcoming Games and introduced Team Canada
Crocs Settles Lawsuit with Australian Shoe Concern
Crocs and Australia Unlimited, maker of the NothinZ lightweight ergonomic clog, agreed to settle all outstanding litigation between the parties by filing for dismissal of all claims and counterclaims…
Penney Posts Small 2Q Loss, Lifts FY Guidance
J.C. Penney Co. said it lost $1 million, or break-even per share, in the quarter ended Aug. 1. That compares with a profit of $117 million, or 52 cents per share, in the year-ago period…
Riddell Sports Extends NFL Licensing Agreement
Riddell Sports signed a multi-year extension to its existing licensing agreement with the National Football League (NFL)…
Virginia’s DVH Sports to Close
DVH Sports in Newport News, VA, is closing after 33 years. DVF Sports opened in 1976 near Newmarket North. The store moved to its current location, in the Denbigh Village Centre at 14346 Warwick Blvd., in 1991, according to the local newspaper, Daily Pres
Study: Excessive Exercise Can Be Addicting
A new study from researchers at Tufts University finds that while exercise is good for your health, extreme exercise may be physically addicting…
Cabela’s Credit Card Business Weakens
According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose
Golfsmith Extends Exclusive Alliance with Hank Haney
Golfsmith International Holdings, Inc. signed a three year extension through 2012 on its current exclusive partnership with world renowned Golf Instructor Hank Haney for the development and distribution of Hank Haney branded training aids…
Russell Corp. Jobs Headed to Kentucky from Alabama
Fruit of the Loom has announced it will relocate more than 270 apparel jobs from Alexander City and Monroeville in Alabama to its headquarters in Bowling Green, Kentucky. Positions affected include 218 Russell Corporation employees in Alexander City and 5
Golf and Rugby May Make 2016 Olympics
The International Olympic Committee's executive board recommended that golf and rugby sevens be added to the 2016 Olympics. IOC members will vote at Copenhagen, Denmark in October on whether or not to uphold the proposal put by the board to approve g
Recall: Nautilus Dip Machines
Nautilus Inc. is recalling about 400 F3 Chin Dip Stationary Exercise units because they pose a fall hazard to users. According to the U.S. Consumer Product Safety Commission and Nautilus, the footpads on the units can break, creating the hazard…
Under Armour and Patterson Dental Partner Around Mouthwear Line
Patterson Dental, based in St. Paul, Minn., announced that it has become the exclusive distributor of Under Armour Performance Mouthwear. The mouthwear was developed by Bite Tech Inc. and promises to not only protect the jaw from hits but to reduce stress
Brother Introduces Garment Printer Print Head Cleaning Service
The Brother International Corporation Industrial Products Division said it is now offering a new print head cleaning service for their GT-541 and GT-782 garment printers that would help to virtually eliminate production down time, and in some cases, the e