The deal announced early last week that has Dick's Sporting Goods inking a definitive stock purchase agreement to acquire Chick's Sporting Goods was first hinted at by DKS Chairman and CEO Ed Stack at the Bank of America investor conference in S
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Famous Footwear Q3 Hurt by Slower Traffic…
Famous Footwear endured a tough quarter and back-to-school period, according to company President Joe Wood. He pointed to the shift in the retail calendar and the tough comparison to last year, when Famous posted a very strong quarter, but also cited redu
Sports, Inc. Fall Show Sees Dealer Excitement…
Since starting its fall Team Dealer Show in Las Vegas in 1999, Sports, Inc. has grown the event from a single ball room at the Four Seasons hotel into two ballrooms with separate conference rooms for major vendor attendees like Rawlings, Under Armour, Ru
JJB Sports Cautious on Holiday and 2008…
JJB Sports, the UK's second largest sporting goods retailer, said it remains cautious on prospects for Christmas. Same-store sales were up 1.6% in the 17 weeks to November 25, which was below expectations. JJB had earlier reported a 5.2% increase in
Report: Dick’s Plots Larger HQ…
Dick's Sporting Goods Inc. has filed a preliminary land development application for a new, larger headquarters on Pittsburgh International Airport property…
K2 Sports Opens Seattle HQ; Skates Into Hockey Market…
K2 Sports celebrated the completion of its new 310,000-square-foot headquarters in Seattle with a snow-shoveling ceremony with Washington governor, Chris Gregoire. K2 began construction on the office space inside the facility located in Seattle’s SODO dis
Strike Ends at Nike Vietnam Plant…
Thousands of workers have reportedly returned to work at a factory that makes shoes for Nike, Inc. after management agreed to provide a monthly transportation allowance…
Shoe Pavilion Sees Loss, Launches Consignment Biz…
Shoe Pavilion, Inc. reported Q3 sales jumped 18.2% to $37.3 million from $31.6 million, with comparable store sales up 2.3%. The retailer reported a net loss of $10.2 million, or $1.07 per share, against a loss of $318,000, or 3 cents, a year ago…
Nike and adidas Ink Denim Deals…
Nike reached a deal with Levi Strauss, while adidas reached one with Diesel to come out with co-branded denim lines…
Aldila Sells Carbon Fiber JV Stake
Aldila Inc. is getting out of the carbon fiber business, at least in the manufacturing sense. The company's subsidiary, Aldila Materials Technology Corp. sold its 50% interest in Carbon Fiber Technology LLC to its joint venture partner, SGL Carbon Fi
AboutGolf Focuses on RandD with New Research Park…
AboutGolf plans to expand its research and development facility with the establishment of a state-of-the-art campus in Ottawa Lake, Michigan, approximately 15 miles from its Maumee, Ohio world headquarters…
Summit Golf Brands Adds Zero Restriction Outerwear to Stable
Summit Golf Brands has acquired Zero Restriction Outerwear. Specific terms of the deal were not announced. Zero Restriction joins the Fairway & Greene and EP Pro brands, who, since January 2006, have been owned by Summit Golf Brands. Summit is a division
RECALL: Dick’s Sporting Goods
Dick's Sporting Goods announced recalls for lounge chairs and recliners and for pitchbacks sold through its stores last week.
Lululemon Increases Guidance on Strong Q3…
In spite of the negative press flying around the VitaSea fabric and the resume of Lululemon’s CEO, the company was able to again post strong double-digit sales and earnings gains in the third quarter. The direct retailer’s top line was bolstered by a 68%
Zumiez Q3 Comps Up Despite Weather Worries
Zumiez Inc. reported that the weather woes affecting the general retail environment had the same affects on the company’s third quarter, especially hampering sales of cold weather products, in both hardgoods and softgoods…
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