Brunswick Corporation announced that Peter B. Hamilton has been named its senior vice president and chief financial officer, effective Sept. 15. He replaces Peter G. Leemputte, who resigned to take a position with another company…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Callaway Golf President and CEO Sign New Agreement
Callaway Golf Co. announced that the Board of Directors and George Fellows, president and CEO, have agreed to amend and extend the term of his employment agreement through December 2011…
Adrenalina to Open Store in Denver
Adrenalina, the action sports store, plans to begin construction of a 15,000 square-foot store in Denver. The store is expected to open by December…
Lady Foot Locker Sponsors Disney Marathon
Lady Foot Locker will be the presenting sponsor of Disney's Princess Half Marathon Weekend in March 2009, its inaugural race. Under the multi-year agreement, Lady Foot Locker will be involved in the marketing of Disney's Princess Half Marathon W
Saks Comps Slide 5.9% in August
Saks Inc. reported August sales dropped 6.1% as comparable store sales decreased 5.9% for the period. The strongest categories at Saks Fifth Avenue were fashion jewelry, fragrances, men's sportswear, and men's shoes. The weakest categories at Sa
Wal-Mart U.S. Sees 2.8% August Comp Gain
Wal-Mart Stores, Inc. reported total company sales grew 9.5% in the month of August to $30.7 billion from $28.2 billion. In the U.S., The Wal-Mart chain saw sales increase 7% to $19.4 billion from $18.2 billion. Same-stores at the Wal-Mart U.S. chain grew
Ocean Minded Names General Manager
Ocean Minded, Inc., which was acquired by Crocs in 2007, has appointed Andrew Palmer to fill the newly created position of general manager. Palmer joins Ocean Minded with more than 20 years of experience in the action sports market. Notably, Palmer was co
Target’s August Comps Decline 2.1%
Target Corp reported that its net retail sales for the four weeks ended Aug. 30, increased 3.1% to $4.85 billion from $4.7 billion a year ago. August comparable store sales declined 2.1%…
West 49 Reports 3.9% Q2 Comp Gain
West 49 Inc., Canada's action sport retailer, reported sales for the second quarter ended July 26 rose 6.1% to $45 million. Comparable store sales climbed 3.9% on a consolidated basis. Comps rose 6.2% at the West 49 banner, representing the strongest
Payless Partners with Middle East Franchisee
Collective Brands Inc plans to expand Payless ShoeSource into nine Middle East countries with franchise partner M.H. Alshaya, the Wall Street Journal is reporting. The company will be franchising its stores for the first time…
Adidas Settles Three-Stripe Lawsuit Against Wal-Mart
Adidas AG settled a trademark-infringement lawsuit accusing Wal-Mart Stores Inc. of copying its three-stripe design on sneakers. Adidas and Wal-Mart filed a joint request on Aug. 29 to dismiss the three-year-old case in federal court in Portland, Oregon.
Forzani’s Q2 Profits Sink 72.2%
The Forzani Group Ltd. reported net earnings for the second quarter fell 72.2% to C$1.5 million ($1.4 million), or 5 cents per share, compared to the prior year's second quarter of C$5.4 million ($5 million), or 16 cents. Cash flow from operations fo
Junk Food Clothing to Launch NFL Line
Junk Food Clothing has entered into an apparel licensing agreement with the National Football League to create a retro-inspired lifestyle collection. The Junk Food NFL Lifestyle Collection will make its better boutique, specialty store and department stor
Warnaco Names SVP, General Counsel and Secretary
The Warnaco Group, Inc., the parent of Speedo, appointed Jay Dubiner as senior vice president, general counsel & secretary. Mr. Dubiner will oversee the company’s worldwide legal matters in addition to acting as corporate secretary. He will report directl
J.C. Penney August Same-store Sales Down 4.9%
J. C. Penney Company, Inc.'s comparable store sales decreased 4.9% for the four-week period ended Aug. 30, in-line with the company’s guidance for sales to decrease mid-single digits. Women’s apparel and family shoes were the strongest performing mer
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