Garmin International Inc. announced its title sponsorship of Slipstream Sports, an elite cycling team that will be showcasing its dedication to clean competition in one of the biggest events in professional sports: the Tour de France. Team Garmin will tra
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Adidas Sues Wal-Mart
Adidas has sued Wal-Mart, claiming it copied some of adidas' products. According to the complaint, Wal-Mart used a striped logo similar to the one associated with Adidas products, displaying two or four stripes yet similar to adidas' three-strip
Alleson Athletic to Make Uniforms for Under Armour
Alleson Athletic reached an arrangement to make custom uniforms for youth, high school and collegiate teams under the Under Armour brand. Terms of the acquisition were not disclosed. The company said the Under Armour work could potentially double its sale
Adidas to ‘Significantly’ Exceed Soccer Goals
Adidas AG. said it will 'significantly' exceed its full-year target of posting at least 1.2 billion euros ($1.8 bn) in soccer-related sales this year, helped by the European soccer championship currently being held in Switzerland and Austria. Ad
Fila Launches “How Do You Fila?” Contest
Fila's second “How Do You Fila?” contest was launched on June 6th with a new look and marketing campaign that Fila believes will resonate with a young, hip demographic. In addition to creating a new contest format and offering relevant prizes, Fila i
Flip Flop Shops Rolls Out Franchising Plan
Flip Flop Shops, a new concept focused on footwear and sandals, has launched a nationwide expansion effort to recruit franchisees. With seven U.S. locations open, Flip Flop Shops is calling for 236 stores across the country within five years…
Gildan Named in Investor Class-action Lawsuit
Gildan Activewear Inc. is facing the possibility of a $500-million class-action lawsuit over allegations executives earned millions by selling shares before news of problems at the company's Dominican Republic plant sent the stock plummeting. German
Moody’s May DownGrade Quiksilver
Moody's Investors Service put Quiksilver Inc.'s ratings on review for a possible downgrade as it tries to sell its ski equipment unit Rossignol. As reported, Quiksilver plans to sell Rossignol, a French company it bought in 2005. The company has
Moody’s May Downgrade Quiksilver
Moody's Investors Service put Quiksilver Inc.'s ratings on review for a possible downgrade as it tries to sell its ski equipment unit Rossignol. As reported, Quiksilver plans to sell Rossignol, a French company it bought in 2005. The company has
Brown Shoe Names SVP, Finance
Brown Shoe Company, Inc. appointed Dan Karpel senior vice president – finance. Most recently, he served as vice president, controller for Kellwood Co. He will oversee the accounting and financial reporting areas for the organization…
Wolverine Names President of Global Operations Group
Wolverine World Wide Inc. named Michael F. McBreen as president of the company's global operations group. McBreen most recently served as the vice president of supply chain and logistics for Furniture Brands International Inc., a home furnishings bus
Polo Extends Partnership with GSI Commerce
Polo Ralph Lauren Corp and GSI Commerce Inc. announced a five-year extension to their long-term e-commerce Web technology agreement. GSI will continue to provide Polo Ralph Lauren with e-commerce technology solutions. Polo Ralph Lauren will continue to su
Phoenix Footwear Gets Credit Line
Phoenix Footwear Group, Inc. entered into a new $17 million revolving credit facility with Wells Fargo Bank. The facility replaces the company's previous facility with Manufacturers and Traders Trust Company which has been retired. The new facility,
Warnaco Swimwear Relocates to Downtown L.A.
The Warnaco Swimwear Group has signed a long term lease for two floors totaling approximately 38,000 square feet of office space on the full-service entertainment campus of Los Angeles Center Studios (LACS). It plans to relocate its Swimwear Group headqua
Bushnell Acquires Simmons Outdoor
Bushnell Outdoor Products has acquired the Simmons brand and certain other assets of Simmons Outdoor Corporation from Meade Instruments Corp. Simmons is a provider of high quality, innovative optical products, including a complete line of riflescopes and
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