Under Armour, Inc. and The University of Utah announced a multi-faceted five-year partnership that designates Under Armour as the official performance apparel and footwear outfitter for the University of Utah football team. Under Armour will supply Utah&#
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nation’s Best Sports Partners with GE
Nation's Best Sports announced a multi-year agreement to provide the GE Money Sport Finance program through more than 1,000 retail locations throughout the U.S. and Canada. The consumer credit program, managed by GE Money's Sales Finance unit, e
Women’s Sports Foundation Names CEO
Women's Sports Foundation announced the appointment of Karen Durkin as its CEO. Durkin joins the Foundation from the National Hockey League (NHL), where she served as executive vice president of communications and brand strategy…
NSGA: Exercise Walking Remains No. 1 Fitness Activity
Exercise walking, which experienced 2.7% growth in 2007, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held since 1990. Data contained in NSGA’s annual “Sports Participation – Series
Orange 21 Posts $8M Loss for 2007
Orange 21 Inc. reported consolidated net sales increased 10% to $46.5 million for the year ended December 31, 2007 from $42.4 million a year ago. The Carlsbad, CA-based company, whose primary brand is the Spy Optic sunglass and goggle line, lost $7.99 mi
Shock Doctor Flipped to New P.E. Firm….
Shock Doctor Inc. was acquired by Norwest Equity Partners, gaining a much-needed larger equity partner that will help the protective gear company expand into new areas – particularly action sports – as well as pursue acquisitions. NEP acquired an approxi
Lululemon Athletica Doubles Q4 Sales, But Will Exit Japan…
lululemon athletica inc. doubled its sales in the fourth quarter on a 24% increase in same store sales after adjusting for a stronger Canadian dollar. The Vancouver, B.C.-based retailer of yoga apparel and lifestyle products said it expected comp stores
adidas Shifting U.S. Staff to Reg’l Offices…
Adidas America Inc. appears to be making moves to decentralize some sales operations while moving customer service and credit functions from its Portland, Ore. headquarters to its expanded facilities in Spartanburg, SC over the next six months…
Sports Belle Recovering After Fire…
Sports Belle Inc., the sports uniform supplier based in Knoxville, Tenn., is recovering after a fire on March 16 destroyed its headquarters and main factory in Knoxville. The facility employed 50 people…
Vietnam Nike Factory Remains Closed…
A strike at a Nike factory in Vietnam closed down the plant last week after a pay dispute led to a walkout by as many as 20,000 workers. Workers at the Taiwanese-owned factory went on strike last Monday at the Ching Luh factory in southern Long An provinc
Broder Bros. Records Loss on One-Time Charges…
Broder Bros., Co. reported net sales in the fourth quarter decreased 3.4% to $232.7 million compared to $240.9 million a year ago. The company’s Broder division generated fourth quarter 2007 net sales of $90.0 million, down 8.2% from $98.0 million in the
Yue Yuen Posts Double-Digit Q1 Growth; Looks for Pay Day from Retail Spin-Off…
Yue Yuen Industrial Holdings Limited posted a strong fiscal first quarter as both sales and net profit grew in the double-digits for the period ending Dec. 31, 2007. Overall net sales increased 20.2% to $1.15 billion for the quarter from $960.3 million la
Win Hanverky Ties 2008 Growth Plans to China Market…
Hong Kong-based apparel maker, distributor and retailer Win Hanverky is shifting its focus away from a stagnant U.S. economy and toward China’s booming domestic market in 2008…
Backcountry.com Goes Velo…
Online retailer Backcountry.com has begun selling cycling gear and accessories from Shimano, Fox, Sidi, Giro, Oakley, Look, Castelli, Campagnolo, Mavic, Park, Pedros, Pearl Izumi and 60 other brands. The retailer, launched ten years ago to sell climbing,
Shoe Pavilion Logs $16.3M Loss for 2007
Shoe Pavilion reported in a filing with the SEC that net sales for 2007 increased 18.2% to $152.6 million from $129.1 million. The growth reflected increased sales of $7.6 million generated from 15 new stores opened in fiscal year 2007 and a comparable st
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