Sterling Capital Partners has purchased a controlling interest in Wilmington, Del.-based Optimer Inc. from its founders, the J.W. Moore family. Optimer, Inc. is best known for its Optimer Performance Fibers division that markets Dri-release with FreshGuar
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Pony to Launch Randy Moss Collection
Pony International has agreed to an exclusive partnership to design the Randy Moss signature athletic footwear and clothing line, including a signature football cleat line. Pony's Moss branded gear will arrive in stores August 1, 2008…
Kenneth Cole Names CEO
Kenneth Cole Productions, Inc. has appointed Jill Granoff as its CEO. Founder Kenneth Cole will continue as the Chairman and Chief Creative Officer, retaining creative control over brand positioning, product, design, and advertising. Granoff was most rece
Prince Americas Names President
John Embree will be joining Prince Sports, Inc. as its new president of Prince Americas. John is a 17-year veteran of Wilson Sporting Goods, where he rose to be the VP and General Manager of their global racquet sports division before leaving in 2003…
Nike Golf Appoints Director, Golf Balls/Bags
Nike Golf appointed Michael Pai to the position of Global Category Director for Golf Balls and Golf Bags, effective April 14. Pai joins Nike from Srixon USA where he was the vice president of marketing, advertising and tour promotions…
K2 Moves Tubbs Marketing to Seattle
K2 Sports plans to relocate Tubbs Snowshoes marketing operations into K2's Seattle global headquarters. Tubbs's customer service, credit, distribution, development and manufacturing operations were previously integrated into the K2 Sports organi
BJ’s Comps Rise 6%
BJ's Wholesale Club Inc reported sales at its stores open at least a year rose 6 percent in March. The same-store sales result included a contribution of 3.4 percent from sales of gasoline, while a calendar shift in the timing of Easter hurt the res
Nordstrom’s March Comps Tumble 9.1%
Nordstrom, Inc. reported March sales declined 6.7% to $750 million for $803 million a year ago. Comps decreased 9.1%…
Kohl’s Posts 15.5% Comp Decline
Kohl’s Corp reported sales for the five-week period ended April 5, decreased 7.9%. On a comparable store basis, sales decreased 15.5%. For the nine weeks, total sales decreased 3.2% and comparable store sales decreased 11.1%…
JCPenney Sees 12.3% Comp Drop
J. C. Penney Company, Inc. reported comparable store sales decreased 12.3% for the five weeks ended April 5, consistent with its most recent guidance. This compares with an 11.0% increase in last year’s period. Total sales in March decreased 10.3% to $ 1.
Saks March Same-Store Sales Fall 2.9%
Saks Inc. said its same-store sales fell 2.9% in March. The luxury retailer said its total sales for the five weeks ended April 5 fell 3% to $276.2 million, from $284.4 million in the prior-year period…
Man Alive Hires VP and GMM
The Finish Line, Inc. announced that Ernest Brown has been appointed VP and GMM of its Man Alive division. In this role, Brown will be responsible for all product lines, men's and women's apparel and accessories for Man Alive stores and will rep
Nike Extends Sponsorship of U.S. Olympic, Paralympic Teams
Nike announced it will extend its relationship with the U.S. Olympic Committee as an Official Outfitter of the U.S. Olympic and Paralympic Teams through the London 2012 Olympic Games. As an Official Outfitter, Nike will provide U.S. Olympic and Paralympic
EU Court: Two-stripe Imitations Could Infringe on Adidas Logo
European Union's highest court ruled Thursday that it is up to national authorities to determine whether clothing with designs similar to Adidas' three stripes infringes on the German company's trademark. Adidas had sued several companies i
Adio Names Footwear Marketing Manager
Earth Products veteran Scott Desiderio has taken the reigns as the marketing manager for Adio footwear. This comes on the heels of the departure of former VP of marketing Jeff Taylor, who is leaving to pursue other opportunities…