Sportman's Warehouse at West Bend in Wisconsin will be closing at the end of February over a year and a half after opening its doors. The store employs 63 workers…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Genesco, Inc. Wins Round One in Merger Fight…
Genesco, Inc. won the first battle of what many believe will be a long, drawn out war in its legal fight with The Finish Line, Inc. to complete the merger first announced in June of this year. The judge in the Chancery Court in Nashville, the venue where
A Sporting Goods Industry Call to Action…
Ah, the 80’s… A time when the sporting goods industry was at its peak — both in growth and as a draw for some of the best and brightest coming out of college. Fast forward 20 years and this industry just isn’t what many graduates have in mind when it co
New Management at Ashworth Sees Q4 Gains; Fiscal Year Still Off..
With a fresh new executive team in place, Ashworth ended its fiscal year on an up-note as fourth quarter earnings, margins and net loss all improved over the year-ago period. However, these results were not enough to offset the decreases seen leading up t
Sporting Goods Industry Urges Students to “Get in the Game”
Top executives from key segments of the sporting goods industry have joined forces to create a program designed to attract top college graduates as future employees. The program, called “Get in the Game,” is the creation of a 15-member committee of leadin
Nike Bauer Goes Retro for Outdoor Hockey Game
Nike Bauer Hockey has designed retro skates and throwback wood sticks for several members of the Pittsburgh Penguins and Buffalo Sabres as part of a special outdoor charity game. The game takes place January 1 at Ralph Wilson Stadium with proceeds to bene
Eddie Bauer Prepays $20M in Debt
Eddie Bauer Holdings, Inc. announced that it has made a voluntary prepayment of $20 million on the existing term loan facility. The company is currently in compliance with all financial covenants under the Term Loan, even without giving effect to the volu
Denson, Hainer, Plank Rank Among Most Influential in Sports
Nike's Charlie Denson ranked 13th on Sports Business Journal's list of the 50 most influential people in sports business. Adidas's Herbert Hainer came in at 17, and Under Armour's Kevin Plank, 42…
Tefron Names Active Chairman
Tefron Ltd., a producer of seamless intimate apparel and active wear, has appointed Yacov Gelbard, former CEO of the Bezeq Group, as active chairman of the board of directors. The Israelli-based company also announced that Yarom Oren is replacing Gillon B
Remington Acquires Marlin Firearms
Remington Arms Co. Inc. announced plans to acquire Marlin Firearms Co. Under the agreement, Robert Behn will remain president of Marlin. The deal is expected to close in January…
Nautilus Sells Colorado Building
The 93,743-square-foot Nautilus building in the Colorado Technology Center has been sold for $6.3 million, according to public records. The building is in Louisville, a suburb north of Denver. The deal closed on Monday, Christmas Eve…
GBMI Sold To Titan Global Holdings
Titan Global Holdings, Inc. has purchased the majority of all of the assets of Global Brand Marketing, Inc. (GBMI), including inventory, accounts receivable and intellectual property assets. Titan also said it hired the complete core of executives current
Anvil Knitwear Joins Eco-Friendly Network
Citing Anvil Knitwear's commitment to further integrate environmental and social performance into the company's U.S. and international facilities, the Ceres board of directors approved Anvil as a Ceres company. Anvil is one of more than 70 compa
Under Armour Signs Lease for Bigger Headquarters
Under Armour Inc. has signed a lease for expansion space near its headquarters in South Baltimore. According to a filing with the SEC, Under Armour on December 14 signed a lease for 138,198 square feet at the Overflo Public Warehouse Inc. property at 1450
Nike and Mike Ashley in Talks Over Umbro Buyout
Nike is in talks with Mike Ashley, the founder of U.K. sporting goods retailer Sports Direct, regarding its pending acquisition of Umbro, the Financial Times reported. A spokesperson for Ashley said that he is not opposed “in principle” to Nike's buy
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