Joe Gibbs Racing announced a partnership with New Balance Athletic Shoe Inc. to supply the crews for each of their three NASCAR Sprint Cup Series teams and two NASCAR Nationwide Series teams with a specialized shoe designed specifically to improve the per
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Adventure Medical Kits Names Pacific Northwest Reps
Adventure Medical Kits, the developer of safety and survival gear for outdoor enthusiasts, announced that it has tapped Seattle, Washington-based Alta Group Inc. to represent its lines in Oregon and Washington state…
Greg Norman Collection Sold to Tharanco
Greg Norman Collection has been acquired from the MacGregor Golf Company by The Tharanco Group. Greg Norman President and CEO Michael Setola will remain CEO and is a partner in the new company, Tharanco Lifestyle, LLC. Tharanco has owned such diverse bran
WSA Reports New Exhibitors
The WSA Show and The Collections at WSA (the luxury designer segment of the exhibition) will see a combined 87 new exhibitors at its upcoming show, according to the event's organizers. The show is being held in Las Vegas from February 12-14…
Anti-Dumping Complaint Filed Against China and Vietnam
The Shoe Manufacturers Association of Canada (SMAC) has requested that the Canada Border Services Agency (CBSA) re-investigate pricing of waterproof rubber footwear and bottoms exported or originating from the People's Republic of China and Vietnam..
New North American License for Kangol
Apparel Limited, based in Los Angeles, has reached an agreement to become the new North American licensee for Kangol Apparel, according to just-style.com. Apparel Limited makes the Dickies Girl line…
CPSC Delays Some Safety Act Provisions
The Consumer Product Safety Commission has issued a one year “Stay on Enforcement” for the submission of “Testing and Certification” of compliance with the new lead and phthalates laws. The CPSC will not require Testing and Certification on products until
Lorpen Hires U.S. Sales Manager
Lorpen, the designer of high performance socks for athletes and outdoor enthusiasts, announced today that Bruce Barrows has been hired as U.S. Sales Manager. Barrows will be responsible for the marketing and sales of Lorpen socks within the U.S. and growi
Escalade’s CFO Resigns
Escalade, Inc. said it has accepted the resignation of Terry D. Frandsen as vice president and chief financial officer. Robert J. Keller, Escalade's president and chief executive officer, said that the company and Frandsen had reached a mutual decis
Macy’s to Cut 7,000 Jobs
Macy's Inc. plans to cut 7,000 jobs, or 4% of its workforce, as it expects sales to remain sluggish through 2009. No store closings were announced. Staff reductions and other moves to restructure the company's operations, including grouping stor
Kmart Introducing Athletic Line
Kmart is introducing an exclusive athletic footwear and apparel collection called Protege and created by NBA star Al Harrington. The launch of Protege is part of Kmart's footwear re-launch which will feature new and exclusive brands both in stores n
Delta Apparel’s Q2 Sales Climb 6.7%
Delta Apparel Inc. reported sales rose 6.7% in its second quarter ended December 27, to $73.4 million. The sales growth was driven by a 17% sales increase in the retail-ready segment with flat sales in the activewear segment…
Under Armour’s Q4 Profit Drops 50.9%; Revenues ahead 2.5%
As projected, Under Armour reported earnings fell 50.9% in the fourth quarter, to $8.32 million, or 17 cents a share, from $16.9 million, or 34 cents, a year ago. Revenues rose 2.5% to $179.3 million from $174.8 million. Declines of 2.6% in its core men&#
Acushnet Q4 Revenues Down 13.4%
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
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…
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