Puma signed a new contract with rising track & field star, Pierre-Ambroise Bosse. The French Olympian…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike Targets $50 Billion by 2020
Nike Inc., at its first investor meeting in two years, set a growth target to reach sales of $50 billion by 2020. Nike expects its women’s business, running, the Jordan brand and e-commerce to drive the growth…
UA Future Show Names 2015 Winner
Under Armour awarded RaesWear, a 360 degree pocket solution for athletic and athleisure bottoms, as the winner of the 4th consecutive Future Show was RaesWear…
Saucony Appoints General Manager, Canada.
Saucony, a division of Wolverine Worldwide, named Martin Lebeau to the position of general manager, Saucony Canada. He formerly worked for Merrell…
Asics Sued by Former U.S. Retail License Partner
Asics America and its Japanese parent Asics Corp. was charged with deliberately withholding promised inventory and marketing support from 13 retail stores owned by a key U.S. licensee, imperiling the licensee's success, according to a lawsuit filed t
Hoka One One Moves to Goleta, CA
Hoka One One has relocated to the headquarters of its parent, Deckers Brands, in Goleta, CA, from Richmond, CA. A Deckers Brand spokesperson said the move was made to better align Hoka with the resources available through the larger Deckers family to furt
Nike Ranks as Top Teen Brand
Nike again ranked as the favorite apparel brand among teens, according to a new survey by investment bank Piper Jaffray…
Nike Forms New Partnership with Flex
Nike Inc. announced a partnership with Flex, the global manufacturer, to accelerate Nike’s vision to bring advanced innovation to its manufacturing supply chain. Working together, Nike and Flex will deliver footwear innovation
Performance Sports Group Q1 Results Decline As Expected
Performance Sports Group reported profits declined sharply in its fiscal first quarter on an 11 percent drop in sales due to the timing off product launches and foreign currency exchange headwinds…
Report: Quiksilver May Merge with Billabong
Oaktree Capital Management LP is exploring merging Quiksilver Inc. with Billabong International Ltd., an investment banker told a judge overseeing Quiksilver's Chapter 11 bankruptcy proceeding Wednesday, according to a report by Bloomberg…
Sporting Goods Sales Rise in September
Sales of sporting goods/hobby/book/toy stores gained 6.4 percent to $7.08 billion in September, up from $6.65 billion, according to preliminary figures from the U.S. Dept. of Commerce census…
ICSC Predicts 3.3 Percent Holiday Sales Gain
International Council of Shopping Centers forecasts holiday retail sales will grow 3.3 percent, or significantly faster than the average pace of the last ten years…
Under Armour’s Brad Dickerson COO/CFO To Depart In Early 2016
Under Armour reported that COO and CFO Brad Dickerson will be stepping down to pursue an opportunity outside of the athletic industry…
Freestyle and Game Time Watch Owners File Bankruptcy
Geneva Watch Group, which makes the Freestyle watersports watch line, has filed for Chapter 11 Bankruptcy Protection and plans on selling the company…
Survey: America’s Best Running Cities
Orlando ranked first in Vitals Index ranking of America’s Best Running Cities. That was followed by San Diego, Las Vegas and Miami…
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