C4 Waterman, based in Hawaii, has acquired Boardworks, a global surfboard distribution company located in Oceanside, California. The business will remain in Oceanside and will be operated by Bob Rief…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
NEMO Equipment Adds Art Director
NEMO Equipment, Inc. has hired Bill Kramer as its new Art Director. Kramer has spent the last 9 years as the Manager of Graphic Design for Cannondale Bicycle Corporation in Bethel, CT. During his tenure, he was responsible for graphic design and product d
Heelys CFO Resigns
Heelys, Inc. announced that Mike Hessong, its CFO, has resigned from the company in order to pursue other interests. The company has commenced a search for a successor…
American Apparel Acquires Factory
American Apparel, Inc. announced that it completed an asset purchase agreement with U.S. Dyeing & Finishing, Inc. to purchase the assets of a fabric dyeing and finishing facility for approximately $3.8 million. American Apparel funded the purchase price t
True Temper Sales Climb 21.1%
True Temper Sports, Inc. announced sales for the first quarter increased 21.1%, to $35.8 million from the $29.6 million a year ago. Adjusted EBITDA (defined below) for the first quarter increased 34.8%, to $9.6 million from $7.1 million in the first quart
adidas Group Sees Solid First Quarter Results…
Adidas Group had a solid first quarter at its adidas and TalyorMade-adidas Group divisions, but experienced continued declines in the Reebok business. Both the adidas and Reebok segments got a boost from an increase in the owned-retail business and the co
TM-aG Posts Solid Q1 Growth on New Products…
Revenues at TaylorMade-adidas Golf increased 17% on a currency-neutral basis for the period and increased about 21% when measured in U.S. dollars, reflecting strong contributions from the metalwoods, golf ball and footwear categories. Management called o
Puma Sees U.S. Become a Bigger Drag on Overall Business in First Quarter…
Puma AG continues to see a downturn in the U.S. business affect its overall plans for achieving the goals set forth in its Phase IV initiative, while other regions continue to see more positive results – at least in apparel and accessories. Marketing com
Finish Line and Nike Debut New Retail Concept in Phoenix…
Nike and The Finish Line, Inc. have soft-launched the first store in a collaboration that is Finish Line Ltd. On the heels of Nike’s partnership with Foot Locker on House of Hoops, many speculated that the expected Finish Line concept would be more focus
Golfsmith Q1 Comps Slide; Net Loss Expands…
Golfsmith saw new stores add a cushion to the top line that more than offset a steep decline in comparable store sales, but the costs of those stores, as well as of replacing a CEO, caused a surge in expenses that ultimately expanded the company’s quarter
Jarden Outdoor Gaining Shelf Space…
Retailers’ reluctance to own inventory has enabled Jarden Outdoor Solutions to pick up shelf space, said Jarden Corp.’s Chairman and CEO Martin Franklin. That desire has insulated JAH from the so-called “trade-down’ effect, in which nervous consumers trad
Aldila Q1 Revenues Slide 19.3%
Aldila Inc.'s Q1 sales fell 19.3% to $16.7 million from $20.7 million last year. Golf shaft sales declined 18%. The average selling price of golf shafts decreased by 13% quarter on quarter on a 6% decline in unit volume. Composite materials sales wer
Pro Hockey Life buys Entrepôt du Hockey…
Pro Hockey Life Sporting Goods Inc. has acquired Sports L.G.L. Inc. and its network of specialized hockey stores in the Quebec City and Chicoutimi markets, which operate under the Entrepôt du Hockey banner…
Pro Hockey Life buys Entrepôt du Hockey…
Pro Hockey Life Sporting Goods Inc. has acquired Sports L.G.L. Inc. and its network of specialized hockey stores in the Quebec City and Chicoutimi markets, which operate under the Entrepôt du Hockey banner…
Crocs Sees International Dominate Q1 Business…
Crocs Inc. posted a net loss for the first quarter as decelerating sales in the U.S. and tighter margins cut into the bottom line. The company blamed much of the issue on early spring sell-through due to cooler weather this year and is indicating that sa
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