Wolverine World Wide, Inc. declared a quarterly cash dividend increase of 22.2% to 11 cents a share. The dividend is payable on May 1, to stockholders of record on April 1, and represents a 44 cents per share annual dividend…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Converse Launches New Dr. J. Commercial
To celebrate 100 year anniversary, Converse will launch a television spot featuring one of its biggest former endorsers, Julius “Dr. J” Erving. The :15 second television spot features slow motion game footage of a famed Dr. J. dunk from the 1985-86 NBA s
prAna’s Opens Boulder Flagship Store
Only two weeks after the founders and management of prAna bought their company back from Liz Claiborne, prAna on October 13 opened its flagship store in a prime location on the Pearl Street mall in Boulder. The upper level will be dedicated to showcasing
InGear Files for Bankruptcy
InGear Corp., based in Buffalo Grove, IL, filed a Chapter 11 petition on Feb. 7 in Chicago. The company makes luggage sets, sports bags, backpacks and insulated containers under licensed brands, including Champion, Spalding, Rubbermaid, Hummer and Laura A
Nautica Launches E-Commerce Site with GSI Commerce
Nautica is partnering with GSI to develop and operate an online store at Nautica.com. GSI Commerce will develop and operate facets of the online store including customer service, order processing, and fulfillment. Empathy Lab, an interactive agency leader
New Era Launches ‘Spike Lee Joint’ Collection
New Era Cap Co., Inc. will be expanding its relationship with filmmaker and devoted New York sports fan Spike Lee with the launch of a new series of exclusive caps dubbed the “Spike Lee Joint” Collection. The new “Spike Lee Joint” series will feature one
Len Rhodes Named GM of Reebok-CCM Hockey
Len Rhodes, most recently General Manager, Reebok Canada, has been appointed to the position of General Manager, Reebok-CCM Hockey (formerly The Hockey Company.) The promotion comes after Matt O’Toole, former president and CEO of Reebok-CCM Hockey, was ap
OrthoLite Sponsors Teva U.S. Mountain Running Team
OrthoLite, a supplier of open cell foam insoles in the performance and footwear category, has signed on as the official insole of the 2008 Teva U.S. Mountain Running Team…
CNBC to Broadcast Hour Long Documentary on Nike
CNBC will premiere, “Swoosh! Inside Nike,” on Tuesday, February 12th at 10PM & 1AM ET. The hour long documentary, reported by CNBC sports business reporter Darren Rovell promises to gives viewers “unprecedented access to a major public company.”…
G-III Acquires Andrew Marc
G-III Apparel Group, Ltd. announced that it has acquired Andrew Marc, a supplier of outerwear and handbags for both men and women to the upscale specialty and department store tiers of distribution. For 2007, the Andrew Marc business recorded approximatel
Aldila Signs Credit Facility
Aldila, Inc. announced that it has signed a credit facility with Key Bank National Association for up to $15 million in borrowings. It plans to use borrowings, plus funds on hand from its previously announced sale of its 50% interest in Carbon Fiber Techn
Recession Fears Trigger Weaker January Retail…
January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co
Recession Fears Trigger Weaker January Retail…
January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co
Family Footwear Takes a Hit in the Fourth Quarter…
DSW Inc. reported net sales for the thirteen-week quarter ended Feb. 2, 2008 increased 1% to $332.5 million compared with $329.1 million for the fourteen-week quarter ended Feb. 3, 2007. Shoe Carnival, Inc. reported a 7.3% decline in sales for the thirtee
PacSun Moves Further From demo and Footwear, As Zumiez Sees Growth Rate Slow…
Pacific Sunwear of California, Inc. saw net sales for the four weeks of fiscal January decrease 3.7% to $66.3 million from $68.9 million for the same four week period in the prior year. By concept, PacSun total sales were $59.6 million, a slight increase
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