Gramicci has hired Fiji Survivor' contestant Michelle Yi as an assistant designer. In addition to appearing on the CBS reality show, the competitive climber studied design at the University of Cincinnati. Yi, 24, established a reputation for style at
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
New Era Cap Responds to Teamsters Union
New Era Cap Co., based in Buffalo, issued a statement in response to rallies organized by the Teamsters Union in Alabama. The statement included the fact that it is the only headwear manufacturer in the U.S. and that 81% of New Era's Alabama workfor
Is the Bloom Finally Coming Off the Industry Rose?
If analysts and investors planning to attend the annual January investor conferences last week were looking for a few tidbits of information to give them some advance information of the health of the public companies presenting, they didn’t have to wait l
While California Retailers Stress Differentiation with Dick’s Sporting Goods…
Sport Chalet, Inc., which is based in northern LA County and has stores in Nevada, Utah, Arizona, as well as California, announced that it expects same-store sales to fall 7.0% for its fiscal 2008 third quarter ended December 30. On the other side of LA C
Skechers Sees Mammoth Opp for Cali…
Skechers reported that its biggest customer was itself, with owned-retail accounting for approximately 20% of total sales through its more than 180 company-owned stores. International is also a large business for the company, pegged at about 20%…
G-III Catches Performance Bug…
G-III Apparel Group plans to introduce Calvin Klein Performance, a technical apparel line featuring moisture wicking fabrics and other performance materials. The collection will debut in February with distribution including Macy's and Paragon Sports
Lululemon Hits the Podium for the First Time
Lululemon Athletica Inc. has finalized leases or is in final lease negotiations for 80% of the stores it needs to meet its 2008 goal of opening 35 new stores in North America, according to Bob Meers, the company’s CEO…
Perry Ellis Sees Life on the Beach and the Links…
Perry Ellis said its Nike Swim business is running up more than 35% as the 2008 swim season gets underway and has “continuous growth opportunities,” heading into the Beijing Olympics, according to comments made by Oscar Feldenkreis, president and COO of P
Sport Supply Group Stresses Its Own Points of Differentiation in a Tough Market…
After spending the last 18 months undergoing a massive consolidation due to the merger of two companies, Sports Supply Group is ready to take on more acquisitions. Speaking at the Cowen & Co. consumer conference, Adam Blumenfeld, Sport Supply's chai
Nike Gains Anti-Trust Clearance for Umbro Acquisition…
The UK's Office of Fair Trading cleared Nike Inc's proposed purchase of Umbro PLC. The anti-trust watchdog said that while the companies do have a high combined market share — over 45% — in replica kit sales, it found that this “overstates the
Report: Nike Close on Bauer Deal…
Nike is close to completing a deal to sell Nike Bauer to a financial buyer from outside the industry, according to Canada's Globe and Mail newspaper. Sources familiar with the bidding process told the newspaper that the steep price tag for Nike Bauer
Warnaco Sees Beach Erosion…
Joe Gromek, president and CEO of The Warnaco Group, said he expects only modest growth from the Speedo business in 2008, despite having the benefit of the upcoming Beijing Olympics…
Quiksilver Looks to Divest Rossignol in Tough Snow Sports Environment; Calendar Challenges…
Quiksilver, Inc. experienced a tougher fiscal first quarter than it initially expected as the general retail softness combined with a tough snow sports environment. As a result, the company decreased its fiscal first quarter expectations to a loss of 9 c
adidas Sees Reebok on Track; Looks at Olympic Commitments…
adidas management told a German newspaper that it has reduced debt faster than expected, so it can begin making acquisitions again by the end of the year. Speaking to the German daily Sueddeutsche Zeitung, adidas CEO Herbert Hainer said the company is esp
adidas in New Sponsor Deals…
Adidas and A.C. Milan have extended their sponsorship deal until the end of 2017. Under the new agreement adidas will also design, produce, distribute and promote a wide range of non-sport related A.C. Milan merchandising articles. Terms of the deal were
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