Amer Sports could see a “challenging” fourth quarter as economic problems from the United States spill over into Europe, a senior company official said. “There are signs of weakening macro economy also in Europe. The fourth quarter could be rather challen
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Lion Brothers Names President
David F. Paulus was named president of Lion Brothers, the Owings Mills, MD-based manufacturer of apparel decoration and uniform identification. Paulus is an addition to the firm and reports to Susan J. Ganz who continues in her role as CEO…
First L.L. Bean Store to Open in China
L.L. Bean announced plans to open its first store in China. The store will be located in the Solana Mall in Beijing and will be operated through a joint venture between L.L. Bean and Youngone Corporation of Korea. The Beijing store will offer about 3,000
OBIT: Big 5 Co-Founder Bob Miller Passes
Robert W. Miller, chairman emeritus of Big 5 Sporting Goods, died Thursday at the age of 85, the company said. Miller was part of the founding management team of Big 5 Sporting Goods in 1955. During his more than 50 years with the company, he served as ch
Ecco Hires Tech Field Rep
Ecco has hired industry veteran Mike McHugh as technical field representative overseeing the company's innovative Tech Van, clinic and demo day initiatives created to enhance consumer and retail awareness. McHugh most recently worked as an associate
Trek Sponsors Freiker Bike-to-School Program
Trek Bicycle Corporation has made a major grant to Freiker, Inc., a bike-to-school program based in Boulder, Colorado. Freiker, short for “FREquent bIKER,” will use the grant to expand its successful program to communities and school systems hungry for a
Aqua Lung Recalls Diving Regulators
Aqua Lung America, based in Vista, CA, and the U.S. Consumer Product Safety Commission, announced a voluntary recall of about 25,000 Apexs Second State Scuba Regulators. These regulators can be missing the diaphragm cover which can cause the diaphragm to
RECALL: Soccer Goals
About 190,000 Chinese-made MacGregor and Mitre folding soccer goals distributed by Regent Sports Corp. of Hauppauge, NY, were recalled after the death of a young boy. The Consumer Product Safety Commission said a 20-month-old from Texas was strangled when
Forzani Partners with Canada Games
The Forzani Group and the Canada Games Council (CGC) announced a ten-year two million dollar partnership, designating The Forzani Group as a National Partner of the Canada Games and Official Retailer of the Canada Games. Under the agreement, Forzani will
Wolverine Celebrates 125 Years
Wolverine, the outdoor brand, is celebrating its 125th anniversary in 2008. To commemorate such a momentous year, Wolverine will be holding an anniversary sweepstakes. From Sept. 20, 2008 to Nov. 29, 2008, Wolverine patrons can enter to win prizes includi
Jarden Sees No “Material Exposure” to Lehman, AIG
Jarden Corp., the parent of Coleman and K2 Sports, said that it has taken steps to alleviate any potential impact from the worsening credit crunch and the collapse of investment banking giant Lehman Brothers. Lehman provides less than 10 percent of the fi
Steve and Barry’s to Close 103 Stores
Steve & Barry's, which is in bankruptcy proceedings, announced plans to close 103 stores. The retailer will operate with a smaller base of 173 stores, better positioning the company to reach its profitability goals. The closings follow the acquisitio
Under Armour Finalizes USF Sponsorship
Under Armour has finalized a five-year contract to make Under Armour the outfitter of the University of Southern Florida (USF). According to the St. Petersburg Times, the agreement had been in since November. USF is currently ranked number 12 in the count
Russell Athletic Named ‘Title Sponsor’ of the NAIA Championship
Russell Athletic and the Host Committee for the National Association of Intercollegiate Athletics (NAIA) football national championship announced an agreement that grants Russell Athletic “title sponsorship” rights for the 2008 and 2009 NAIA Championships
Wigwam Sponsors Project Athena
Wigwam, the socks manufacturer based in Sheboygan, Wis., has signed on as a sponsor for the Project Athena Foundation, a non-profit organization helping women with breast cancer and other medical or traumatic setbacks live their athletic and adventurous d
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