The Finish Line, Inc. reported a loss from continuing operations of $38.6 million, or 82 cents a share for the fourth quarter, versus income from continuing operations of $25.8 million or 54 cents, a year ago. Consolidated net sales from continuing operat
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Under Armour Sponsors Lacrosse Classic
Under Armour, Inc. and Corrigan Sports Enterprises announced that the third annual Under Armour All-America Lacrosse Classic will take place at Towson University's Unitas Stadium in Towson, MD on July 12. The top 44 senior boys and girls players in t
Mammoth Energy Acquires Flowboard
Mammoth Energy Group, Inc., based in Winston-Salem, NC, has signed a letter of intent to acquire Sport Technology, Inc., the maker of the alternative skateboard, Flowboard. Terms weren't disclosed…
Nautilus Appoints New Chief Executive
Nautilus announced that its chairman, Edward Bramson, has assumed the additional duties of chief executive officer. He replaces Robert S. Falcone who has served in that capacity since August 13, 2007 when the board asked him to step in to run the company
Sturm, Ruger’s President to Head Firearms Trade Association
Sturm, Ruger & Company, Inc. announced that its president, Stephen L. Sanetti, will be leaving Ruger on May 1, 2008 to accept the position of president and CEO of the National Shooting Sports Foundation, the trade association for the firearms industry.
Adidas Forms Joint Venture to Distribute Reebok in South America
Adidas AG and Brazilian shoe company Vulcabras SA have agreed to form a joint venture to sell shoes, shirts and other sports apparel from Reebok in South America. The two companies said that the joint venture will sell Reebok-made products in Brazil and P
Timberland Names European Wholesale Footwear Director
Mike Lynskey has been appointed European wholesale director of footwear brand Timberland. Lynskey was previously managing director for the outdoor group Europe at Wolverine, and had responsibility for its Merrell, Sebago and Patagonia brands in Europe…
Timex Makes U.S. Management Changes
The Timex Group B.V. announced two major top management appointments in its U.S.-based operations. Adam Gurian has been named president of the Timex Business Unit, while Scott Wolfe has been appointed as president of the Callanen International Business Un
Pony Launches Ad Campaign Around Relaunch
Pony International Inc. plans to launch a Back in the Game campaign in national TV, print, digital and retail media to herald the launch of its 2008 collection. The March blitz is designed to coincide with new product releases in footwear channels such as
Patagonia Tracks Social/Eco Impact
Patagonia has become the first major apparel manufacturer to track and expose the social and environmental impact of specific garments through The Footprint Chronicles, an interactive website that reveals to consumers the good and the bad involved in manu
New Balance Launches
New Balance debuts a new brand campaign on March 27 that highlights running as fundamental to all sport and spotlights the runner's complex love/hate relationship with running. The television campaign breaks nationally in the U.S. during the NCAA bas
Native Eyewear Sold to A.T. Cross
A.T. Cross Co. announced that it has closed an all cash transaction to purchase Native Eyewear, Inc., the maker of sport performance sunglasses and goggles. A. T. Cross purchased Native Eyewear for total consideration of $17.8 million in cash and the assu
Steven Madden CEO Resigns
Steven Madden Ltd.'s chairman and chief executive, Jamieson Karson, has resigned. The company said Edward Rosenfeld, executive vice president of strategic planning and finance, has been named interim chief executive…
True Temper Q4 Sales Climb 22.1%
True Temper Sports, Inc. reported sales for the fourth quarter increased 22.1%, to $29.5 million from the $24.2 million recorded during the fourth quarter of 2006. Adjusted EBITDA for the fourth quarter increased over 100%, to $6.7 million from $3.2 milli
NexCen Names CFO
NexCen Brands Inc., the owner of The Athlete's Foot, appointed Kenneth J. Hall as executive vice president, chief financial 0fficer and treasurer, effective March 25. He will be responsible for all aspects of the company's financial management a
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