Jordan Brand, a division of Nike, Inc., announced that through its Jordan Fundamentals program it will recognize 300 educators nationwide for their outstanding achievements and contributions in the classroom. The Jordan Fundamentals Program will award $1
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Deckers Promotes Ziv to COO
Deckers Outdoor Corp. announced that Zohar Ziv, currently CFO and EVP of finance and administration, has been promoted to the newly created position of chief operating officer, effective January 1, 2008. The Company has initiated a search for a new CFO. M
Heelys Retains Edelman as PR Agency-of-Record
Dallas-based Heelys, Inc. has named Edelman as its public relations agency-of-record. Edelman’s Dallas office will be responsible for extending Heelys brand recognition in the youth wheeled footwear, footwear, apparel, and accessories markets, and will po
Investor Group Urges Kellwood to Reconsider Sale
CtW Investment Group on Wednesday called on the board of Kellwood Co. reconsider a sale of the company. In a letter to Kellwood presiding director Harry Weinberg, CtW criticized the St. Louis-based apparel company's board for failing to 'open a
Sports Direct Reports 73% Profit Drop
Sports Direct, the U.K. discount sporting goods chain, reported a 73% drop in pre-tax profits in the first half of the year, to £20.1 million. Revenues were down 7.1% to £668.1 million from £719.1 million. The decline was blamed on dismal summer weather,
Lululemon to Stop Selling Plastic Bottles Containing Bisphenol
Lululemon Athletica Inc. will stop selling plastic water bottles that contain bisphenol A, a chemical which studies have linked to infertility and cancer. According to an environmental advocacy group, the yoga-inspired retailer will become the second-majo
Evo.com Launches As a “Green” Portal for 1,200 retailers
E-commerce veterans from eBay and StudentAdvantage.com have launched Evo.com, an aggregator site for 1,200 e-retailers selling about 100,000 “green” products and services ranging from organic apparel and electric scooters to solar panels…
RECALL: Hunting Harnesses From Gorilla Inc.
Some 60,000 Chinese-made full-body harnesses used by hunters were recalled because they could allow users to fall from tree stands and risk serious injury, the U.S. Consumer Product Safety Commission said on Tuesdaysaid on Tuesday.The harnesses were made
JJB Pays £5m for Original Shoe Co.
JJB Sports bought the Original Shoe Company for £5m in cash from Sports Direct International. JJB plans to run the newly-acquired business separately to its main sportswear stores and megastores…
Nautilus Shareholder Battle Undecided
Shareholders of Nautilus Inc. voted Tuesday on five proposals from activist investor Sherborne Investors LP, including one to give Sherborne control of Nautilus by giving it a majority of seats on the company's board. But Nautilus said the results of
Ski/Snowboard Hall of Fame Inductees Announced
The U.S. National Ski and Snowboard Hall of Fame and Museum announced their inductees for the Class of 2007: Eric Bergoust, Donna and Jake Burton Carpenter, Mitch Cubberly, Tom Jacobs, Everett Kircher and Doug Lewis…
Third Quarter Looked Strong for Market, but Issues May Lurk Beneath the Surface…
Overall, the third quarter proved relatively strong for sporting goods vendors as net sales increased in high-single-digits for the period. Overall, net income grew faster than sales, posting 10.6% bottom line growth, with return on sales growing 10 basi
Genesco / The Finish Line Trial Closes its First Week…
After months of public wrangling, charge and counter-charge surrounding the contentious merger between The Finish Line, Inc. and Genesco Inc., the trial that is supposed to resolve at least part of the dispute got under way last week in the Chancery Court
Sport Chalet Not Too Worried About Dick’s Sporting Goods in SoCal…
Despite Dick's Sporting Goods moving heavily into the Southern California market with its acquisition of Chick's, Sport Chalet's CEO Craig Levra doesn't seem too concerned. Prompted by a question at the Wedbush Morgan investor conferen
DSW to Focus on Smaller Stores…
DSW wants to get to $300 per square foot, and expects to get there through smaller, more productive stores and smarter real estate decisions. Last year's sales per square foot was $218…
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