Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company’s brand on a worldwide basis. Donahue will helm the sa
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Shock Doctor Beefs Up Management Team
Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company's brand on a worldwide basis. Donahue will helm the
Callaway Golf Files Patent Infringement Suit Against Acushnet
Callaway Golf Company has has filed a new patent infringement lawsuit in the United States District Court for the District of Delaware against The Acushnet Company, the golf business of Fortune Brands, Inc. The lawsuit alleges that the new 2009 Titleist P
RECALL: Bowflex Gyms
Nautilus Inc. is recalling a total of 78,000 Bowflex home gym systems because of safety concerns. The Consumer Product Safety Commission said the seat of the Bowflex Ultimate 2 Home Gym could fall unexpectedly and injure a user or bystander. The seat, whi
Gramicci Hires VP, Sales
Patricia Babka has been named vice president of sales for Gramicci, the manufacturer of outdoor lifestyle apparel. Most recently, Babka was general manager for the Americas at Skins USA, where she established all facets of the operations to launch Skins c
New Era Sponsors 13 World Baseball Classic Teams
New Era Cap Co., Inc. announced that it will provide the exclusive on-field and locker room cap for 13 of the 16 participating countries in the 2009 World Baseball Classic. Featured countries in the collection include: the United States, Canada, Australia
Easton to Sponsor Little League Baseball and Softball
Easton Sports entered into a multi-year agreement to become the Official Team Equipment Supplier to Little League Baseball and Softball. The partnership provides Easton with extensive marketing opportunities designed to benefit from Little League’s popula
Tefron Announces Streamlining Measures
Tefron Ltd., the producer of intimate apparel, performance activewear and swimwear, said that as a results of the slowdown in global economy, it plans a headcount reduction at the company of around 15%. The Israeli-based company said that cutbacks include
Berkshire Hathaway’s Apparel Earnings Down 34%
According to the just-released annual report from Berkshire Hathaway, pre-tax earnings in its apparel businesses declined 34% in 2008, primarily due to lower sales volume and costs incurred to consolidate certain operations of Russell and Vanity Fair Bran
Unifi Commences Tender Offer for Notes
Unifi, Inc. commenced a cash tender offer for up to $8,776,000 aggregate principal amount of its 11.5% Senior Secured Notes due 2014. Approximately $190 million in aggregate principal amount of the notes are currently outstanding…
SGMA: Participation Steady; ’08 Sales Show Slight Drop
In 2008, Americans continued to participate in sports, fitness and outdoor activities at roughly the same rate as in prior years, but manufacturers' shipments of sporting goods in the U.S. declined by almost 4% in wholesale dollar sales in 2008. The
Write-offs Hurt A.T. Cross in 2008
A.T. Cross Co., the parent of Native Eyewear, reported a net loss in the fourth quarter of $3.7 million, or 25 cents per diluted share, after $6.3 million of restructuring and impairment charges on a pre-tax basis. In the year-ago quarter, the company ear
McDavid Files Patent Infringement Lawsuit Against Adidas
McDavid has filed a patent infringement lawsuit against Adidas. In a suit filed in the U.S. District Court for the Northern District of Illinois, McDavid claims that Adidas infringed by importing into the U.S. foam-padded, compression shorts sold under th
Yue Yuen Seeks Financing to Fund Bond Redemption
Yue Yuen said on Friday that it is aiming to secure $255 million from banks to cover claims from bondholders exercising a put option. It said it was confident of getting bank funding to finance payments on its debt falling due in November…
Accell Group Profit Jumps 17%
Accell Group posted a 17% growth in profits in 2008 due to strong sales of bicycles, a better product mix and the acquisition of Ghost. The Dutch bicycle and fitness company reported profits of €28.6 million ($36.0 million) compared with €24.4 million ($3