Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Heelys’ Revenues Nosedive 73.5%
Heelys, Inc. reported sales tumbled 73.5% for the first quarter of 2008, to $13.1 million from $49.4 million a year ago. The company reported a net loss for the quarter of $1 million, or 4 cents a share, compared to net income of $8.5 million, or 30 cents
New Era to Make Kiosks at MLB ballparks
New Era Cap has selected nParallel to develop portable, outdoor selling kiosks and indoor shop-in-shop environments to promote the sale of New Era merchandise at all 30 ballparks in Major League Baseball. New Era is now installing the shop-in-shop system
New Era to Make Kiosks at MLB ballparks
New Era Cap has selected nParallel to develop portable, outdoor selling kiosks and indoor shop-in-shop environments to promote the sale of New Era merchandise at all 30 ballparks in Major League Baseball. New Era is now installing the shop-in-shop system
Ocean and Earth Implements 5-Year Growth Plan
Ocean & Earth, the Australian surf brand, recently launched a 5-year expansion plan. In December 2007, CEO of International Operations Paul Munten completed an extensive search for new brand leadership in North America with the hiring of Dave Nielsen as V
Schwinn Picks Rebranding Agency
Schwinn Bicycles, owned by Dorel Industries, selected Philadelphia agency, STICK and MOVE, to partner in developing a rebranding campaign focused on building excitement with recreational cyclists. The campaign is slated to launch by the end of the summer
Quiksilver Sued by ESPN
Quiksilver Inc. was sued by sports network ESPN Inc. on claims it violated a trademark on the cable channel's X-Games competition franchise. Quiksilver uses a stylized “X” emblem on clothing, labels and accessories that is “confusingly similar” to ES
Mountainsmith Hires Domestic Sales Mgr
Mountainsmith announced the appointment of Jay Getzel to the newly-created position of domestic sales manager. Getzel was most recently sales and service manager for C.A.M.P. USA in Broomfield, CO…
Puma’s U.S. Revenues Drop 14.2% in Q1
Puma said that in the U.S. market, sales were down 14.2% to $134.1 million (86.36 million euros), affected by the continued moderate environment in the mall-based business. Puma also said orders for the U.S. by the end of the quarter were down 20.8%…
Women’s Sports Foundation Creates Women’s Sports Museum
Women's Sports Foundation opened the Billie Jean King International Women's Sports Center, the world's only museum exhibit and hall of fame dedicated to all women's sports. Inductees for the current year include gymnast Shannon Miller,
Aldila Q1 Revenues Slide 19.3%
Aldila Inc. reported sales fell 19.3% to $16.7 million from $20.7 million. Golf shaft sales declined 18%. The average selling price of golf shafts decreased by 13% quarter on quarter on a 6% decline in unit sales. Composite materials sales were off 10%. E
Copelands Donate $1 million to Children’s Museum
The Copeland family, former owners of Copeland's Sports and current downtown developers, have made a $1 million donation to the San Luis Obispo Children’s Museum in honor of the late family matriarch Thelma Copeland…
American Apparel’s Comp’s Surge 27%
American Apparel, Inc. reported that for the month ending April 30, comparable store increased 27% over the year ago period. For the year-ago period, comps advanced 17%. The company did not provide total sales figures for the month…
Adidas Q1 Profit Climbs 32%
Adidas AG Tuesday reported net profit jumped 32% to 169 million euros ($261.7 million) from 128 million euros a year earlier. Revenue rose 3.3% to 2.62 billion euros ($4.05 billion) from 2.54 billion euros. Group sales increased 10% on a currency-neutral
Adidas Wins $305 Million Verdict Against Collective Brands
Collective Brands Inc. on Tuesday said a $305 million verdict against the footwear maker and retailer related to an Adidas lawsuit is “excessive and unjustified.” On Monday, a federal jury in Portland has ordered Payless Shoesource Inc. to shell out $304.