Nike Inc. has signed a 10-year contract to supply athletic footwear, apparel and accessory products to the North Carolina Tar Heels. The contract was signed in late May and was made retroactive to July 1, 2008…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nexcen Brands Cash, Debt Flat in Q1
NexCen Brands, Inc., the parent of The Athlete's Foot, reported its cash on hand was approximately $8 million at the end of its first quarter ended March 31, remaining consistent with cash on hand at December 31. Debt was approximately $142 million,
Sport Supply Acquires Team Assets of Gus Doerner Sports
Sport Supply Group, Inc. has acquired certain assets from Gus Doerner Sports, Inc. of Evansville, IN. SSG acquired the rights to Doerner's Team Sports Division which caters to high school, college and out of school sports programs in southern Indiana
eSports Gains Univ. of Michigan Apparel Contract
The University of Michigan said it has signed a 10-year contract with eSports Partners Inc., based in Dallas. The contract guarantees The University of Michigan $1.5 million the first year and rises to nearly $2.25 million by the contract's last year
Dick’s SG to Open in Former Joe’s Location
Dick's Sporting Goods Inc. will open a store in a former Joe's Sports & Outdoor in Hillsboro, OR. The store will be the second for Dick's SG in Oregon. The Hillsboro location marks the first Joe's store to be refurbished for another co
L.L. Bean Data Center Earns LEED Silver
L.L. Bean said its Data Center in Freeport, ME recently obtained LEED Silver certification, becoming the first LEED Silver certified data center in New England. The USGBC's LEED program is a voluntary rating system designed to encourage companies to
Boulder Outdoor Expands Design Team, Brings RandD In-House
The Boulder Outdoor Specialty Group (BOSG) has brought
all research and development in-house and is looking
to hire two new designers. With two new designers on staff, BOSG said all six Boulder-based brands will benefit from a unified design perspective
SGMA Seeks Support for PHIT Act
The Sporting Goods Manufacturers Association (SGMA) urged its members to urge Congress to pass the Personal Health Investment Today Act of 2009 (PHIT) bill that is designed to lower health care costs. SGMA said PHIT, introduced by Congressman Ron Kind (D-
Julbo Appoints New Reps for Southwest and Northeast
Julbo, Inc., the eyewear company, hired two outdoor sales representatives, effective July 1, 2009: Sky Ambitions LLC will cover northeast territory and Greg Houston from the Alta Group will cover the southwest…
Eddie Bauer Wins Court Approval to Sell Assets
Eddie Bauer Holdings Inc. won bankruptcy court approval to sell its assets at an auction next month. At a joint court hearing held simultaneously in Wilmington, DE and Toronto, where the company’s Canadian division is in bankruptcy, two judges approved Ed
Study Finds Increased Attention to Cheerleading Safety
A new study released by the National Center for Catastrophic Sports Injury Research at the University of North Carolina recognizes an increased emphasis on cheerleading safety. The study acknowledges safety developments such as Varsity Spirit's allia
Speedo Weighing Whether to Let Sponsors Wear Competitor’s Suits
Speedo is exploring whether to allow swimmers it sponsors to wear rival manufacturers' new high-tech suits. Said Craig Brommers, vice president for marketing, in a statement on Tuesday, “The brand is continuing to evaluate the situation internally.”.
Heelys Dismisses Accounting Firm
Heelys Inc said it dismissed Deloitte & Touche LLP as its public accounting firm effective June 22. According to a filing with the Securities & Exchange Commission, the decision to dismiss Deloitte was based primarily on cost considerations…
Gildan Confirms Operations Unaffected by Honduran Political Situation
Gildan Activewear Inc. confirmed that the current political situation in Honduras has had no impact on its operations or employees in Honduras. Honduran President Manuel Zelaya was ousted in an army coup on Sunday…
ESoles Becomes PGA Tour Sponsor
ESoles Custom Footbeds has entered into an agreement that makes its ePro custom footbeds and eFit custom modular footbeds exclusive licensed products for the PGA TOUR…