FootJoy, a division of the Acushnet Co., is shutting down its plant in Brockton, MA, affecting 103 employees. A company spokesman Rob Kelley told The Enterprise of Brockton that the closure announced Thursday will occur in phases over the next six weeks..
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Legendary Mountaineers Partner with Eddie Bauer
Eddie Bauer has partnered with a team of mountaineers to build a new line of outerwear and gear called First Ascent. The team includes reknowned mountain guides and climbers, including Peter Whittaker, Ed Viesturs, and Dave Hahn…
Rip Curl Opens Flagship in Huntington Beach
Rip Curl has opened a flagship store in Huntington Beach. The store is located one block north of the Huntington Beach Pier on the Pacific Coast Highway…
Univ. of Minnesota Cuts Russell Contract
The University of Minnesota announced Friday it will join other schools in cutting its ties with Russell Corp. over allegations that the company closed a factory in Honduras and laid off workers who were trying to unionize…
Head NV Reports 5.4% Q4 Sales Gain; Operating Profits Climb
Head NV reported net revenues increased 5.4% in the fourth quarter to €115.1 million ($147.3 million), led by an 11% hike winter sports sales. Operating profits also grew but the company reported a net loss in the period due to higher taxes and foreign
Warnaco’s Q4 Sales Dip 4.4%
The Warnaco Group, Inc., the parent of Speedo, saw net revenues fall 4.4% to $445.9 million in the fourth quarter. The company, which also produces Calvin Klein jeans and underwear, showed an operating loss was $12.0 million in the period, which included
Deckers Q4 Revenues Vault 56.3%, Propelled by Ugg
Driven by continued demand for Ugg, Deckers Outdoor Corp.'s fourth quarter sales surged 56.3% to $303.5 million from $194.2 million a year ago. Ugg's gains offset lower sales for Teva and Simple. Earnings improved to $40.5 million, or $3.07 a sh
Dick’s Sporting Goods Introduces Product Protection Plan
Dick's Sporting Goods has partnered with N.E.W. Customer Service Companies, Inc. to launch a new No Sweat Protection Plan that delivers customers service and product replacement. The program kicked off February 1…
Danner Receives Military Contract
LaCrosse Footwear, Inc.'s Danner® subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this y
NSGA: Average Athletic Footwear Price Rose 1.6% in 2008
Preliminary data from the NSGA Sporting Goods Market in 2009 puts the average price point for athletic footwear in 2008 at $43.71, a 1.6% increase from 2007. In 2007, the average price had risen 2.1% to $43.03 versus $42.16 in 2006…
Hanesbrands Revises Earnings Growth Forecast
Hanesbrands Inc., the parent of Champion and Duafold, said it does not expect to achieve its earnings target in 2009 and that it its amending its credit facility. The company predicted low to mid-teen percentage unit volume declines in early 2009 amid low
John Duerden Named CEO of Crocs
Crocs Inc. appointed John Duerden to serve as the company's president and chief executive officer effective March 16. He succeeds Ron Snyder, who is retiring and resigning as president and CEO but will continue as a member of the company's board
Backcountry.com’s Parent Sees Robust E-Commerce Gains
Liberty Media Group said its eCommerce businesses, which includes Backcountry.com, experienced revenue growth of 65.0% in the fourth quarter and 92.0% for the year and experienced adjusted operating income (OIBDA) growth of 19.0% in the fourth quarter and
Movement NA Hires Couperthwait as Consultant
Recreation Outfitters Inc. (ROI), the Vancouver BC-based distributor of Swiss-made Movement Skis, announced that snowsports industry veteran, George Couperthwait, will be joining Movement North America in a consulting role. His focus will be with the Mov
Perry Ellis Appoints CFO
Anita D. Britt has joined Perry Ellis International as chief financial officer, effective March 2. Britt joins Perry Ellis International with over 15 years of experience in the apparel/retail industry, most recently with Urban Brands Inc., where she was E
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