Shoe Pavilion, Inc. received a written notice from The Nasdaq Stock Market (“Nasdaq”) on June 19, indicating that the company has failed to comply with the minimum bid price requirement for continued listing on the Nasdaq Global Market. The bid price of i
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Report: Steve and Barry’s Faces Liquidity Crisis
Steve & Barry's is seeking financing of about $30 million to avoid filing for bankrptcy sometime in the next month, several creditors, bankruptcy lawyers and retail experts familiar with the matter told the Wall Street Journal. The closely held retai
Callaway Golf and Top-Flite Partner with NYC Parks Foundation
Callaway Golf and Top-Flite announced a partnership with New York's City Parks Foundation to become the official equipment sponsor of the CityParks Junior Golf Center. Callaway Golf CEO George Fellows will join New York State and City officials for o
NexCen Brands Explores Sale of Bill Blass and Waverly
NexCen Brands, Inc. said it has entered into a letter agreement with its lender, BTMU Capital Corporation (BTMUCC), which provides the company with near-term access to additional cash from its lockbox accounts and limited forbearance from certain alleged
Nexcen Explores Sale of Bill Blass/Waverly
NexCen Brands, Inc. said it has entered into a letter agreement with its lender, BTMU Capital Corporation (BTMUCC), which provides the company with near-term access to additional cash from its lockbox accounts and limited forbearance from certain alleged
Lacrosse Footwear Shifts Distribution to Indiana
ProLogis, a manager and developer of distribution facilities, and Browning Investments, Inc., the real estate developer, plan to develop a 380,000-square-foot distribution center for LaCrosse. To improve operating efficiencies, LaCrosse will relocate and
Tony Hawk Foundation Launches East Coast Benefit
The Tony Hawk Foundation will expand its annual star-studded Activision Presents Stand Up For Skateparks benefit to include an event in Bridgehampton, New York on August 10. Proceeds from Activision Presents Stand Up For Skateparks help create free, quali
Wilson Golf Strengthens Junior Sponsorships
Wilson Golf announced its sponsorship of The First Tee of Chicago and the Illinois Junior Golf Association (IJGA), locally based organizations that have championed the youth golf movement in the Chicago area and throughout the state of Illinois. The missi
Dennis to Become Genesco CEO
Robert J. Dennis, president of the Genesco Inc., will assume the additional role of chief executive officer, effective August 1, 2008. Chairman and CEO Hal N. Pennington will continue as executive chairman of the company. Dennis was named president and c
VF Corp. Names Head of Sportswear Coalition
VF Corporation promoted Karen Murray to president of its sportswear coalition, effective immediately. The sportswear coalition, which is based in New York City, includes the Nautica, Kipling (U.S.) and John Varvatos businesses…
Heelys Rolls Out First Video Skate Contest
Heelys, Inc. launched its first-ever video competition for amateur skaters on June 21, in conjunction with Go Skateboarding Day. Beginning July 15 through July 31, contestants can upload a one to four minute video that showcases their skills and love of s
Skins Inc. Appoints CFO
Skins Inc. appointed Michael Solomon as CFO, effective immediately. Most recently, Solomon served as SVP and controller of Nexxar Group Inc., a global payment transmitter and processing company. Prior to that, he held several top executive titles, includi
Pure Fishing Inks Distribution Center
Pure Fishing Inc., a subsidiary of Jarden Inc., has hired Chicago-based First Industrial Realty Trust to build a 400,000-square-foot distribution center in Kansas City. The center will be built in the Skyport Business Center, which is next to the Kansas C
Reebok Opens Sports Equipment Store
Reebok International plans to open its first-ever sporting goods store in August at Patriot Place in Boston. The Foxboro store will be Reebok’s only retail location in the world where it sells its sports equipment side by side with its footwear and clothi
NBA to Open Stores in China
The National Basketball Association has chosen JuneYao Group to develop 2,000 branded retail outlets across China. The agreement with NBA will allow JuneYao to sell licensed merchandise in the 2,000 NBA retail stores it plans to open over the next two to
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