Thomas J. Ryan | Page 1058 | SGB Media Online

Quiksilver Extends Kelly Slater’s Endorsement Deal

June 8, 2009 SGB Update

Quiksilver, Inc. signed nine-time ASP (Association of Surfing Professionals) World Champion Kelly Slater to a 5-year endorsement contract, extending his sponsorship arrangement with the company and ensuring the surfer will be sponsored by Quiksilver for h

TapouT Opens RandD Center

June 8, 2009 SGB Update

TapouT, the mixed-martial arts brand, is officially opening the doors of its new 13,000-square-foot TapouT Research & Development Training Center in Las Vegas, Nevada. The Grand Opening weekend is set to take place from 10 a.m. to 3 p.m. on June 19 and Ju

ESoles Sponsors USA Cycling

June 8, 2009 SGB Update

ESoles Custom Footbeds will outfit the USA Cycling National Teams with ePro custom footbeds and eFit custom modular footbeds produced by eSoles' state-of-the-art 3D TruCapture imaging and production technology. As a result of this sponsorship agreeme

Callaway Golf Cuts Dividend to Preserve Cash

June 8, 2009 SGB Update

Callaway Golf Co. said its Board of Directors has elected to reduce the second quarter dividend to one cent per share, payable on July 15, 2009 to shareholders of record as of June 26, 2009. This represents a six cents reduction to the dividend declared a

Quiksilver Announces Financial Restructuring, Q2 Sales Slide 17%

June 8, 2009 SGB Update

Quiksilver, Inc. entered into an agreement with Rhône, an international private equity firm, for a 5-year senior secured term loan of approximately $150 million to ease its liquidity pressures. The surf giant also reported second-quarter sales fell 17.1%

ASR Has More than 300 Commitments For September Show.

June 8, 2009 SGB Update

Action Sport Retailer (ASR) said that with three months until its next show in September, over 300 brands have already committed to the event. Among the brands, Billabong, Volcom, Quiksilver, O’Neill, Vans, Element, Fox, Roxy, Oakley, Reef, Rip Curl, Nixo

SIA Readies for Denver

June 8, 2009 SGB Update

Readying for the move of its tradeshow from Las Vegas to Denver in January 2010, SIA has added a number of new events to its Snow Show. Among the additions is an On-Snow Demo/Free Ride Fest, Feb. 1-2, in conjunction with the Rocky Mtn. Demo…

Head N.V. Exits U.S. Stock Market

June 8, 2009 SGB Update

Head N.V. announced its termination of its registration with the U.S. Securities and Exchange (SEC). The company's stock will no longer be listed in the U.S. and the firm will no longer be required to file regular financial filings. The company'

Brunswick Enters into New Asset-Based Loan Facility

June 8, 2009 SGB Update

Brunswick Corporation and GE Commercial Distribution Finance Corporation have entered into an asset-based loan (ABL) facility, secured by the domestic accounts receivable of Mercury Marine, a division of Brunswick. The ABL facility totals $100 million, an

Nike Bauer Plant Sold in New Hampshire

June 6, 2009 SGB Update

Nike USA has sold its Bauer Hockey manufacturing plant in Greenland, NH, but has no plans to shut down operations at this time, according to www.seacoastonline.com. According to the newspaper, the Rockingham County deed records filed May 29 show the prop

Men’s Wearhouse Bids $67M for Filene’s Basement

June 6, 2009 SGB Update

Filene's Basement announced that an affiliate of Men's Wearhouse emerged as the winning bidder in a nine-hour bankruptcy auction for assets of the off-price chain that was held in Manhattan on Friday. Other bidders included Syms and New York re

Rip Curl Names New Group CEO

June 5, 2009

Rip Curl International appointed Olivier Cantet as its new group chief executive officer. The appointment will be effective, July 1. Cantet has been with Rip Curl since 2003 in his current regional role of European CEO and he will continue to manage that