Dreams, Inc. has acquired the assets of StarStruck/ProTeam, a catalog-focused retailer in the sports licensed products industry. Star Struck/ProTeam is one of the largest catalog and internet retailers of licensed Major League and Minor League merchandise
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sport Chalet Sponsors USC
Sport Chalet, Inc. has secured an exclusive three-year sponsorship deal with the University of Southern California (USC) to become the “Official Sporting Goods Store of USC Athletics.” The agreement allows Sport Chalet the opportunity to enhance and expan
Soles4Souls Aids Hurricane Ike Victims
Soles4Souls Inc., the international charity dedicated to providing free footwear to those in need, has sent 85,000 pairs of shoes to victims of Hurricane Ike in the past two days, and is actively seeking assistance from donors and manufacturers to help fu
Judge Lowers Award in Payless-Adidas Lawsuit
Collective Brands, Inc. announced that the Court has entered a judgment in the adidas trademark infringement case that dramatically reduces the monetary award against the company from the $305 million awarded by the jury in May. The Court reduced the awar
Nike Names Nike Golf President
Nike Inc. promoted Cindy Davis to president of Nike Golf. Davis will be responsible for driving market leadership and growth for all aspects of Nike Golf. She replaces 28-year Nike veteran Bob Wood, who will be taking on additional responsibilities within
Puma Exec Joins Keds
Puma exec Tom Morgan will join Keds in the newly created role of SVP of global sales. Beginning in early October, Morgan will manage domestic and international sales for the Keds, Grasshoppers and Pro-Keds brands…
Burton/Volvo Expand Relationship to Europe
Burton Snowboards and Volvo Cars announced a three-year partnership that expands their successful relationship in the United States to Europe. The new partnership focuses on Burton's world-renowned European snowboard events, including the Burton Euro
Lululemon Founder to Transfer Shares
Lululemon Athletica inc. announced that founder and Chairman Dennis J. Wilson set plans to transfer about $11 million in restricted stock to an undetermined number of founding employees…
Lululemon Athletica Q2 Net Income Doubles, Comps Jump 18%
Lululemon Athletica Inc.reported revenues grew 48% in the second quarter ended Aug. 3, to $85.5 million from $57.9 million a year ago. Income from operations increased 52% to $15.5 million from $10.2 million. Net earnings more than doubled to $11.1 millio
Nexcen Receives Offers for Blass and Waverly Units
NexCen Brands, Inc., the parent of The Athlete's Foot, said it has received multiple bids for its Bill Blass and Waverly businesses, respectively. NexCen is currently in active discussions and supporting diligence for the sale of each business…
Lucy to Open Three Stores, Enters Florida
Lucy Activewear, wholly owned subsidiary of VF Corp, is opening three new stores this Fall with an innovative new store concept. The new stores, including its first in Florida, takes the company to over 65 stores nationwide…
Stanford Honors Phil Knight
Stanford University's newest building will bear the name of Nike Inc. founder Phil Knight. The university's Graduate School of Business on Wednesday broke ground on the new Knight Management Center, a 360,000-square-foot, eight-building campus t
Sports Direct Q1 Profit Flat
Sports Direct International Plc said its sales for the 13 weeks ended July 27 increased slightly from last year. The company further said its trading since the end of July remained in line with its forecast amid tough market conditions…
ASG Hires EVP, Sourcing and Inventory
American Sporting Goods announced the recent hire of Keith Dunlap in the position of EVP of sourcing and inventory. With over 25 years of sourcing and operational experience in the footwear industry, most recently with the Nine West Group and Fila USA, In
Podium Distribution Expands Headquarters
Podium Distribution, the skate company based in Torrance, CA, has just expanded both its walls and its employee base. The company recently acquired the 21,000-square-foot office space adjacent to its existing 955 Francisco Street address. According to Pod
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