Phoenix Footwear Group, Inc. appointed James Clopton as president of its Tommy Bahama Footwear and H.S. Trask divisions, effective March 3. Clopton brings to Phoenix Footwear over 30 years of senior level footwear, accessories and apparel experience. Prio
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Footjoy Renews Contract With the AJGA
FootJoy, one of the brands that make up the Acushnet Company, has extended its commitment to the American Junior Golf Association for another five years, through 2013. FootJoy, an Official Partner of the AJGA since 2004, will continue its sponsorship of t
Nike Golf Renews Partnership in Golf Retirement Plus
Nike Golf has renewed its supporting partnership in Golf Retirement Plus. Founded in 1997, Golf Retirement Plus is a supplemental retirement program for PGA members and apprentices, GCSAA Superintendents, and CMAA Club Managers…
L.L. Bean Enters Chicago Market
L.L.Bean plans to expand into the upper Midwest region with the opening of its first store in the Chicago region in September 2008. This move into Chicago represents L.L.Bean's first store expansion outside the Northeast corridor. Planning is current
Under Armour Sponsors University of Hawaii
Under Armour and the University of Hawaii announced an eight-year partnership that designates Under Armour as the performance apparel and footwear outfitter for the University of Hawaii Warrior football team. The partnership also includes marketing rights
JSK Apparel Signs First NBA Deal
JSK Apparel, a women's licensed apparel company based in Indianapolis, signed its first agreement with a National Basketball Association team, landing a licensing deal with the Detroit Pistons. JSK Apparel has licensing deals with the University of N
etnies Creates Brand Director Position
Etnies named Mike Regan to the newly created position of etnies brand director, and both promoted and added additional brand team members. Regan has been with etnies for more than three years, as director-international sales and has been instrumental in g
Nike Inc. Divests Bauer Hockey in $200 mm Deal…
The deal that has been the talk of the hockey industry since late September finally occurred last week as Nike reported reaching a definitive agreement to sell its Bauer Hockey subsidiary to an investor group led by Kohlberg & Company and Canadian busines
Shimano Inc. Acquires Pearl Izumi from Nautilus…
Pearl Izumi has a new owner, and it seems to be a better fit this time around. Shimano Inc., the Japanese cycling and fishing gear maker, reached an agreement to buy Pearl Izumi for $69.5 million in cash. Nautilus had put the cycling and running brand on
Volcom Sees Strong Q4 Sales Growth, but PacSun Issues Give Worry to 2008…
Volcom, Inc. posted strong growth on the top line for the fourth quarter, but saw decreased margins eat into net income for the period. The largest worry for the coming year appears to be the company’s PacSun business, which it expects to be down in the
Princeton Ski Shop Liquidates…
Princeton Ski Shop, which filed for bankruptcy last November, is liquidating. Going-out-of-business sales are starting Saturday, February 23, at its four superstores in the NY/NJ metropolitan area…
Iconix Sees Starter as Billion Dollar Brand…
In their first comments since closing the acquisition last December, Iconix Brand Group management said they see the potential for Starter to become a billion dollar brand for Wal-Mart. Starter currently does about $400 million at the discounter…
Billabong International Sees H1 Results Impacted by FX Rates…
Billabong International Limited saw currency exchange eat into its first half results as the U.S. dollar’s downturn caused its reported sales and EBITDA growth to be well below currency-neutral results. On a reported basis, net sales grew 8.4% to A$662.0
Play it Again Parent Sees Q4 Gains…
Winmark Corp., the parent of Play it Again Sports, reported Q4 sales rose 16.6% to $8 million from $6.9 million. Q4 earnings for the franchisor inched up 4.4% to $853,000, or 15 cents a share, from $817,000, or 14 cents, a year ago…
As Crocs Goes Global, Investors Fret over Rising Inventory and Headcount…
Crocs, Inc. nearly doubled its sales in the fourth quarter, capping a year in which it went from a U.S. to an international phenomenon. But the company's inventory and accounts receivable grew even faster and headcount swelled by 83%, prompting inve
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