Remington Arms Co. announced plans to close its Gardner, NC, plant by the end of the year. About 200 employees will be impacted by the closure…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Patagonia Opens New Boulder Store
Patagonia will hold a grand opening for its new Boulder store on the Pearl Street Mall on April 5. The 2,961-square-foot store, located in a historic building at 1212 Pearl Street that dates back to 1875, is Patagonia's 24th retail store…
Wilson Renews Beach Volleyball Sponsorship
AVP, Inc., a lifestyle sports entertainment company focused on professional beach volleyball, announced a five-year contract extension with Wilson as the “official game ball” of the AVP. The long-term deal extends through the 2012 season of the AVP Crocs
The Sports Authority to Carry Tasers
The Sports Authority plans to carry the Taser C2 Personal Protector devices at 138 of the 433 stores this month. According to a statement by Taser International, The Sports Authority will become Taser's largest consumer retailer to date…
Honeywell To Buy Norcross Safety For $1.2 Billion
Honeywell International Inc. has agreed to buy Norcross Safety Products LLC, a privately held maker of protective equipment, for about $1.2 billion. Norcross owns several shoe brands in the work, hunting and outdoor space. These include Ranger, XTRATUF, S
Cabela’s Increases Revolving Credit Facility
Cabela's Incorporated announced that pursuant to its existing credit agreement it has increased its revolving credit facility to $430 million from $325 million. The five-year credit facility, which expires June 30, 2012, is supported by a consortium
G-III Apparel Increases Revolving Credit Line
G-III Apparel Group, Ltd. announced it has increased its secured revolving credit line to a maximum borrowing level of $250 million compared to a maximum of $195 million under the prior loan agreement. Amounts available under the credit line are subject t
Under Armour Partners with Women’s Lacrosse Association
Under Armour, Inc. and the Intercollegiate Women's Lacrosse Coaches Association, Inc. announced a comprehensive five-year partnership. As part of the partnership, the IWLCA named Under Armour as their primary corporate sponsor and exclusive athletic
Hanesbrands Pledges $2 Million to Theater
Hanesbrands Inc., the parent of Champion and Hanes, has pledged $2 million to The Arts Council of Winston-Salem and Forsyth County to build a new performing arts theatre adjacent to the historic Sawtooth Building in downtown Winston-Salem. The 300-seat fa
Sole Technology to Sell Directly in Spain
Sole Technology, the maker of etnies, éS, Emerica, ThirtyTwo and Altamont, announced their plans for direct distribution in the Spanish market. This announcement follows last year’s move to distribute direct in the United Kingdom. Calling Spain “a Europea
AthleticBaby Adds New VP of Sales
AthleticBaby, makers of health-and-fitness products for babies and toddlers, announced the addition of Steve Mann to its executive team. Mann joins the organization as the new VP of Sales. Mann has more than 15 years experience in the consumer products in
Geox to Introduce Athletic Shoes
Geox SpA, based in Milan, launched its first athletic footwear line with a new, patented technology aimed at allowing an athlete's foot to breath more efficiently. The launch of Geox Net is focused in Italy. A wider launch is scheduled for 2009…
Dickies buys Kodiak Group Holdings
Williamson-Dickie Manufacturing Co., maker of the Dickies brand of work apparel, has bought Kodiak Group Holdings Inc., a Canadian work and outdoor footwear maker. Financial terms of the deal weren't disclosed…
Broder Bros. Posts Loss
Broder Bros., Co. reported net sales in the fourth quarter slipped to $232.7 million compared to $240.9 million a year ago. Including a non-cash goodwill impairment charge of $87.3 million, the fourth quarter 2007 loss from operations was $85.9 million c
Play It Again Sports Launches Credit Card
Play It Again Sports announced a multi-year agreement to provide the GE Money Sport Finance Program to its U.S. customers. The private label credit program, managed by GE Money’s Sales Finance unit, enables the chain's customers to take advantage of
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