Brown Shoe, as expected, reported a steep drop in second quarter earnings amid a 1.3% revenue decline. Brown also downwardly revised its full year guidance to a range of $1.12 to $1.29 per share, and reduced its planned store openings for Famous Footwear
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Joe’s Opens Store in Renton, WA
Joe's Sports & Outdoor will host a grand opening celebration at its new store in Renton, Washington, on Thursday, August 28. The store is located at 915 N. Landing Way, close to Fry's and Target. Joe's currently has 30 locations throughout
Sports Basement Renews Lease
Sports Basement has renewed its 93,500-square-foot lease for five years at Presidio National Park Center in San Francisco, according to the commercial real estate website, costar.com. The retailer has occupied the building at 610 Mason St. since 2003…
Jart Skateboards Opens U.S. Office
Jart Skateboards, hailing from the Basque region of Spain, has opened offices in Los Angeles, CA, as part of its entry into the U.S. The office will be used as a call and shipping center. Jart, which produces OEM decks for skateboard companies while selli
Street Surfing Hires PR Firm
Street Surfing, a sporting goods product and lifestyle company that manufactures and distributes The Wave, has appointed L2 Communications to provide public relations and marketing services. Stated Luis Calderin, director or marketing, Street Surfing, “Pa
GSI Commerce Inks 15-year Contract with Dick’s
GSI Commerce Inc. and Dick's Sporting Goods Inc. have signed a new 15-year contract, extending their successful relationship. Consistent with Dick’s Sporting Goods’ goal to have a seamless multichannel operation, under the new agreement, Dick’s Sport
LaCrosse Footwear Wins $3.2M Military Contract
LaCrosse Footwear, Inc. announced that its Danner subsidiary received a $3.2 million delivery order as part of a new contract granted by the Department of Defense for the Danner Marine Temperate boot. As per the awarded contract, Danner would deliver the
McDavid Signs New Deal with Dwayne Wade
McDavid has renewed its contract with Dwayne Wade, star basketball player of the Miami Heat, as its chief endorser. Wade, who led USA with 27 points in the gold medal game against Spain at the Beijing Olympics, has been a regular user of McDavid for the p
CFL and Reebok Announce Five-Year Partnership Deal
The Canadian Football League and Reebok Canada announced a new five-year deal. Reebok will be the exclusive supplier of uniforms and sideline apparel for the league…
Dispute Erupts Over Rights to Karhu Brand
Finland's Karhu Sporting Goods said it would deploy all legal means to secure what it maintains is its right to the Karhu brand. In June, Karhu Holding, a company based in the Netherlands, bought the rights to the brand, but Karhu Sporting Goods says
Stride Rite Reacquires PRO-Keds Rights
The Stride Rite Corporation has reacquired its rights to the PRO-Keds brand from licensee and hip-hop mogul Damon Dash and will bring the brand back in-house as part of a new strategic direction for the PRO-Keds business. The plan involves a premium posit
Steve and Barry’s Acquisition Approved
Steve & Barry's LLC announced that BHY S&B Holdings LLC, a newly formed affiliate of investment firms Bay Harbour Management and York Capital Management, has received bankruptcy court approval to acquire substantially all assets of Steve & Barry'
Collective Licensing Licenses Airwalk to Forzani Subsidiary
Collective Licensing International, LLC has signed a license agreement with sporting goods wholesaler Intersport North America Ltd. (“INA”), a subsidiary of The Forzani Group Ltd., to market and sell Airwalk branded footwear in the United States and Visio
Olympics a Success for Adidas and Puma
Both Adidas and Puma reported increased exposure and demand during the Beijing games which ran Aug. 8-24 in China. Adidas said sales in China increased more than 60% in the first half of 2008 making China the second-largest market after the U.S. for the c
Abboud Grabs NFL Clothier License
JA Apparel Corp., the maker of men's clothing under the Joseph Abboud brand name, reached an agreement with the NFL to be its official clothier of NFL coaches for the next three years. Under the deal, Abboud will provide tailored clothing, dress shir
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