Wolverine World Wide, Inc. announced the acquisition of the Cushe (pronounced “cushy”) footwear brand, a move the company says will drive new global opportunities and leverage the strength of Wolverine's proven business model and operating infrastruc
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sporting Goods Retailers Sued Over Switchblades
A class action claims that Wal-Mart, Cabela's, Dicks Sporting Goods and others are selling switchblade knives that they know are illegal in Texas. The Kershaw “Speed Safe Knives” with “assisted opening technology” are illegal switchblades, and people
Russell Shuttering More Alex City Ops; Lays Off 250+
Russell Corporation announced the 'phasing out' of its fabrics operation in Alexander City, AL, and the layoff of more than 250 employees due to the “current economic conditions, in addition to increasing costs and import pressures from Asia.”..
OIA: November Outdoor Sales Slide 11%
According to most recent edition of The OIA Outdoor Topline Report, retail sales for all core outdoor stores (chain, internet, specialty) fell 11% in dollars ($407,383,909) compared to November 2007($458,334,314), the first month of overall dollar sales d
Iconix Renews Mossimo Contract with Target
Iconix Brand Group, Inc. announced that Target Corporation has renewed its direct-to-retail license agreement for Iconix's Mossimo brand through January 31, 2012. Mossimo has been licensed exclusively to Target in the U.S. since 2000…
Strong Exits SGMA for NBAA
Chris Strong, the director of business operations for the Sporting Goods Manufacturers Association (SGMA), has joined The National Business Aviation Association (NBAA) as its new vice president, membership marketing, effective January 5…
Jarden Q4 to Exceed Internal Forecasts
Jarden Corp, which owns Coleman and K2, said it expects fourth-quarter revenue to be slightly above its prior outlook of $1.3 billion. It also said it finished 2008 with more than $360 million of cash on the balance sheet…
CW-X Sponsors U.S. Telemark Ski Association
CW-X Conditioning Wear, a division of The Wacoal Sports Science Corporation, will become the “Official Baselayer Supplier” of the U.S. Telemark Ski Association. The agreement will put members of the U.S. National Telemark Ski Team in CW-X Tights and Tops
The North Face to Sponsor Elite Snowboarder
The North Face announced that snowboarder David Carrier-Porcheron, commonly known as DCP, has joined its athlete team. The North Face has a team of more than 60 professional global athletes which includes snowboarders, skiers, rock climbers, mountaineers,
Home Depot Ends Olympian Jobs Program
Home Depot Inc., citing the difficult economy and the impact of the housing downturn, has ended its program that gave Olympic athletes part-time jobs, flexible hours and full-time pay and benefits to help support their training. In the 16 years that Home
Timberland Sponsors Sundance Film Festival
The Timberland Co. has become the Official Footwear and Outerwear Sponsor of the 2009 Sundance Film Festival, taking place Jan. 15 to 25 in Park City, Salt Lake City, Ogden and Sundance, UT. In its sponsorship role, the brand will exclusively provide foot
Upside Over Boasts Healthy 2008 Revenue Gains
Upside Over Inc., the kids-focused outdoor retailer and e-commerce website, said revenues had grow 350% in Fiscal Year 2008. Management said it has benefited as more and more families are deciding to stay close to home and participating in what the indust
The Finish Line Shrinks Q3 Loss; Reduces Inventories
The Finish Line fiscal third quarter sales declined 4.4% to $256.9 million for the thirteen-week period ending November 29, compared to $268.7 million in Q3 last year. Consolidated comps decreased 3.6%. By concept, comps dipped 3.3% at Finish Line and fel
Columbia Sportswear Promotes Cusick to CFO
Columbia Sportswear Co. will promote Thomas B. Cusick to the executive position of VP, CFO and treasurer, effective Jan. 23. Cusick has served in senior financial management roles with Columbia Sportswear since joining the company as corporate controller
Horowitz Promoted to Modell’s President
Modell's Sporting Goods announced that Seth Horowitz, EVP of merchandising marketing & allocations, has been promoted to president of the company. Horowitz's expanded responsibilities will include overseeing all aspects of business operations, i
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