Diadora has dropped its trademark lawsuit against competitor Skechers U.S.A. Inc. without giving a reason, according to Bloomberg News. The closely held U.S. unit of Diadora SpA, last week voluntarily filed a notice of dismissal of the infringement case i
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
L.L. Bean and Barclays Launch Visa Card
L.L. Bean and Barclays announced the launch of a new Visa card they said will provide enhanced benefits to shoppers who use it to charge their purchases from the outdoors outfitter. The card will become available as a replacement for the L.L. Bean Visa ca
Charles River Secures Rights to TopShield
Charles River Apparel announced their nationwide launch of Charles River Sport, their shirt line made exclusively with TopShield moisture management fabric…
Fortune Brands Cuts Q2, FYO8 Outlook
Fortune Brands Inc., which owns the Titleist, Cobra and FootJoy golf brands, slashed its earnings outlook for the second quarter and the full year, citing a challenging consumer environment as a result of soaring fuel costs and a large tax increase in Aus
PlayCore Acquires Ultra Play Systems
PlayCore, Inc., a designer, manufacturer, and marketer of a broad range of playground equipment and related play products, announced the acquisition of Ultra Play Systems, Inc. For more than 20 years, Ultra Play has manufactured and supplied park amenitie
GolfersMD.com Partners with the Golf Channel
GolfersMD.com, the health, fitness and medicine-related Web site exclusively for golfers, announced a partnership agreement with the Golf Channel where GolfersMD.com will be providing health, fitness, medical and performance information and content by the
K-Swiss Picks Up $30mm in Payless Settlement
K-Swiss Inc. said it has won $30 milllion as part of 2004 lawsuit against Payless ShoeSource, Inc. over alleged trademark and trade dress infringement. The settlement agreement was spelled out in a filing with the Securities & Exchange Commission. In the
CEO of Golf Galaxy to Leave July 18
Randall K. Zanatta, president and CEO of Golf Galaxy, Inc., a wholly-owned subsidiary of Dick's Sporting Goods, Inc., will step down from his position with Golf Galaxy, effective July 18, according to a filing with the Securities & Exchange Commissio
Fayetteville Wants More M.J. Soffe Jobs
The city of Fayetteville, NC, and the Cumberland County Business Council are looking for ways to help M.J. Soffe expand operations at its plants in the region. According to an article in The Fayetteville Observer, Soffe may add about 80 jobs to the appare
Interbike to Remain in Vegas
After two years of collecting data from potential host cities and feedback from retailers, vendors and industry partners, Interbike management said it will keep the show in Las Vegas. Despite talk of moving the show to a more bike-friendly city, Las Vegas
Michael Gray Resigns from Quiksilver’s Board
Quiksilver, Inc. announced that Michael Gray has resigned from its Board of Directors effective Monday, June 23. Gray joined the Quiksilver Board of Directors in 1991..
Finish Line Returns to the Black, Q1 Comps Increase 1.2%
The Finish Line Inc. reported income from continued operation of $868,000, or 2 cents a share in the first quarter ended May 31, against a loss of $3.87 million, or 5 cents, a year ago. Net sales edged up 0.8% to $287.9 million from $285.8 million. Compar
CamelBak Hires Two Industrial Designers
John Duran joined CamelBak as senior product designer, and Derek Sullivan joins as product designer. The two industrial designers will be responsible for all new soft and hard goods product design…
Consumer Confidence Hits 16-year Low
The New York-based research group Conference Board said its Consumer Confidence Index dropped to 50.4 in June from a revised 58.1 in May. The reading was the lowest since February 1992, when it was 47.3. Economists had expected the index to decline to 56,
Nike’s Q4 Profits Climb 12%
Nike Inc. reported revenues increased 16% for the fourth quarter ended May 31, to $5.1 billion from $4.4 billion a year ago. Changes in currency exchange rates increased revenue growth by 7 percentage points for the quarter. Net income increased 12% to $4
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