Fortune Brands Inc., the parent of Acushnet Company’s golf brands including Titleist, Cobra and FootJoy, reported that sales in its golf segment fell 13.4% in the fourth quarter ended Dec. 31, to $212.2 million from $245.1 million. The golf division showe
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Element 21 Names CFO
Element 21 Golf Company, the manufacturer of Scandium Alloy golf and biofiber fishing equipment, appointed David Khazak as chief financial officer. Khazak is a chartered accountant with over eighteen years of experience in public accounting…
Confluence Moves Composite Manufacturing to China
Confluence Watersports will be manufacturing the entirety of its composite boat program in China, effective June 2009. While ultimately it is a decision to lower the costs associated with manufacturing composite boats in the Easley, S.C. factory, the com
Pacific Sunwear Cuts 57 Positions
Pacific Sunwear of California Inc. plans to cut 57 jobs, or about 11% of its headquarters and field management staff, as part of a cost-cutting effort. The company will eliminate 47 jobs at its Anaheim, Calif.-based headquarters and 10 field-management po
Delta Apparel to Close Fayetteville Textile Plant
Delta Apparel, Inc. plans to close its textile manufacturing facility in Fayetteville, NC. In continuing the company’s manufacturing improvement strategy, the company is consolidating the textile production for its M. J. Soffe business, currently produced
Hanesbrands Q4 Revenues Fall 11%
Hanesbrands Inc., the parent of Champion, reported fourth-quarter profit fell 64%, hurt by lower sales and by charges related to its restructuring activities. Profit for the quarter ending Jan. 3 fell to $17.9 million, or 19 cents per share, from $49.8 mi
Russell to Transition Atlanta Office to Bowling Green
Russell Brands LLC, formerly Russell Corp., has decided to close its Atlanta offices and shift most of those functions to sister company’s Fruit of the Loom’s campus in Bowling Green, KY. The relocation is a continuation of the integration process since R
Saucony to Endorse Two-Time U.S Olympian
Saucony, Inc. announced the signing of two-time U.S. Olympian Anthony Famiglietti to a multi-year endorsement contract. Famiglietti, the 2008 U.S. Olympic Trials champion, competed for the U.S. in the 3,000 meter steeplechase at both the 2004 Athens Olymp
La Jolla Group Names President and CFO
The La Jolla Group, the producer of O’Neill Clothing, appointed Bill Bussiere as its president and chief financial officer. Bussiere comes to the company with an extensive resume in the action sports and apparel industries, having served 11 years at Quiks
Kobe Bryant Jersey Tops NBA Sales
Based on sales at the National Basketball Association’s New York store and on the Internet, Los Angeles Lakers guard Kobe Bryant's jersey is again the most popular among fans. Bryant’s No. 24 jersey has been the top seller since the start of the 2008
Tim Harmon Resigns from Quiksilver’s Board
According to a filing with the Securities & Exchange Commission, Timothy Harmon resigned as a director of Quiksilver, Inc., effective January 23. Harmon, a former president of Pacific Sunwear of California, had been a director since 2005…
SanMar Partners with OGIO in Promotional Channel
SanMar Corp., a supplier of imprintable apparel and accessories, entered into an agreement to gain exclusive distribution of all 54 OGIO products available in the promotional products industry. While SanMar previously carried select OGIO styles, beginning
Callaway Golf Narrows Q4 Losses
Callaway Golf Co., as expected, narrowed its quarterly net loss, but declined to give a fiscal 2009 outlook, given the uncertainty over consumer spending and foreign currency rates. Callaway said it expected that fluctuations in foreign currency would hav
Paul Fireman Claims Adviser Stole $25M
Reebok founder Paul Fireman has filed suit alleging that a longtime adviser and head of PFP Associates, the Florida firm that oversees his investments, stole more than $25 million from his family and their charitable foundation…
Dick’s to Close Return Center
Dick's Sporting Goods is closing its 75,000 square foot return center in Conklin, NY in a move to reduce expenses for rent and freight. A spokesman told WBNG News in Binghamton that the warehouse will close by March 31 and twenty jobs are affected…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal