New Balance signed on as official performance footwear and apparel supplier to LifeSport, the premier triathlon coaching service and event management organizations. Based in Victoria, British Columbia, Lifesport is recognized as the Official Coaches of I
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Patriots Championship T-shirts Donated
The National Football League will be sending hundreds of Patriots Championship shirts and caps to needy children and families around the world following the Patriot’s defeat at the hands of the Giants in Super Bowl XLII…
Under Armour Gears Up for Future in Footwear…
Not much has changed in the two weeks since Wall Street punished Under Armour, Inc. for its guidance that 2008 first half profits would sink due to increased marketing spending to support the launch of its performance trainers, but perhaps the market is w
The SportsOneSource Group Expands into New Offices…
The SportsOneSource Group is again expanding its team as it positions itself for the future. SportsOneSource has absorbed into Charlotte, NC all media operations and production that had been housed in New York before SOS acquired the media business, whic
Luxottica Q4 Sales Climb 7.1% on Oakley Acquisition…
Luxottica Group SpA said Q4 sales rose 7.1% €1.19 billion ($1.72 bn) when including €88 million in Oakley sales for the last six weeks of the year. Excluding the impact of currency fluctuation, sales were up 16.2% for the quarter. Excluding Oakley, whole
HBI Sees Champion Sales Up Double-Digits in ‘07…
The Champion brand delivered double-digit sales gains for the third year in a row while sales of Hanes brands were up mid-single-digits…
Brunswick Sees Fitness Drive Q4 Sales Gains…
Brunswick Corporation saw fourth quarter net sales grow mid-singles as its marine, fitness and bowling and billiards businesses all saw sales growth. Overall, the company reported net sales of $1.44 billion for the 2007 fourth quarter, up 5% from $1.37 bi
Callaway Golf Ends Strong 2007 With Weak Fourth Quarter…
Callaway Golf finished a strong 2007 with a rather lackluster fourth quarter as net sales decreased and the quarterly loss widened considerably. However, the soft quarterly results came in the company’s smallest and slowest quarter, which allowed ELY to s
LaCrosse Posts Positive Year Despite Slower Q4…
LaCrosse Footwear, Inc. saw slowing sales in the fourth quarter, leaving the company with 23% more inventory at the end of the year than a year earlier. But the company said subsequent cold weather had cleaned out most retailers' inventory and it di
Cabela’s Cuts Store Plans Amid Retreating Comps…
Cabela’s Inc. said it will slash capital spending by 70% so it can focus on increasing profits at its existing stores after missing its fourth quarter financial targets. The outdoor retailer said it would scale back store openings from eight last year to
Nautilus Cancels Acquisition of China Factory…
Nautilus Inc. canceled plans to buy its largest contract manufacturer in Xiamen, China. In a filing with the SEC, the company said it would likely have to forfeit the $18.5 million non-refundable deposit paid to Land America Health & Fitness Co. as part o
Columbia Reports Records Q4 Sales and Earnings, but Foresees Slowdown in Q1…
Columbia Sportswear Co. saw net sales rise 4.1% to a record $376.7 million for the fourth quarter ended December 31, but the company sees troubled waters ahead, with first quarter sales expected to decline up to 2% because of weakening demand for the Col
Sport Supply Group Returns to Profitability in Fiscal Second Quarter…
Sport Supply Group, the entity formed with the merger of Collegiate Pacific and the former Sport Supply Group, reported last week that fiscal second quarter revenues rose 9.5% to $54 million from $49 million in the prior-year period. The bottom line for
Wolverine World Wide Again Led by Outdoor Group in 2007; Sees Strong 2008…
Wolverine World Wide is celebrating the 125-year birthday for the Wolverine brand this year, but it is the company’s Outdoor Group that is getting all the attention once again as it set the pace for revenue growth for the 2007 fourth quarter and year, wit
Ralph Parks Takes CEO Reins at Heelys…
Heelys, Inc. reported late Friday that its board had accepted the resignation of Michael G. Staffaroni, CEO of Heelys, Inc. since 2001. Ralph Parks, former president and CEO of FootAction USA, will serve as interim CEO. Parks was named to the Heelys boar
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