Lululemon, now a high-flying stock since going public in July, stepped into some controversy yet again. But this time it didn't have anything to do with having enough seaweed in its clothes; it's regarding CEO Bob Meers' resume…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Thanksgiving Weekend Shows Strong Retail Results…
Outdoor sporting goods retailers appear to have met or exceeded their expectations over a surprisingly strong Thanksgiving holiday weekend and see few signs sales growth will diminish in coming weeks, thanks in part to cooler weather across much of the Un
K2 Sports Opens Seattle Headquarters
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
REI Opens Green Distribution Center
REI officially opened its distribution center in Bedford, PA last week. With 525,000 square-feet and 43 acres, the facility was constructed using green building standards. The distribution center will help REI significantly reduce transit times of stock r
Interbike May Bring Demo Days to East Coast
Interbike is considering bringing the blueprint for its Las Vegas Outdoor Demo to the East Coast next fall. Show management hopes an East Coast Demo would attract retail stores and store employees who do not attend Interbike…
Amer Sports Halts U.S. Golf Ball Production
Amer Sports plans to close its golf ball production plant in Humboldt, Tennessee on December 14, 2007. The owner of the Wilson brand will outsource all golf ball production in the future…
Dick’s Launches Lance Armstrong Campaign
This past weekend, DICK'S Sporting Goods debuted two new national TV commercials-part of an integrated campaign that includes print ads, radio spots and other elements- featuring Lance Armstrong as an over-the-top DICK'S Sporting Goods store man
SkirtChaser 5K Race Series Announced
Skirtsports Inc., a Boulder-based business that sells fitness apparel for women and girls, has launched the SkirtChaser race series. SkirtChaser also will be the name of a new line of men's apparel Skirtsports will be introducing in August…
Warnaco Enters Exclusivity Agreement Over Lejaby
Warnaco Group Inc. entered into an exclusivity agreement with Palmers Textil AG in connection with its previously announced plan to explore alternatives for its Lejaby lingerie and swimwear business. The potential sale is part of a plan to divest all of i
GSI Commerce Acquires U.K. E-commerce Provider
GSI Commerce, Inc. reached a definitive agreement to acquire Zendor.com Ltd., a Manchester, U.K-based leading provider of fulfillment, customer care and e-commerce solutions. GSI paid $7.90 million in cash…
Report: Dick’s Plots Bigger Headquarters
Dick's Sporting Goods Inc. has filed a preliminary land development application for a new, larger headquarters on Pittsburgh International Airport property. According to Calkins Media, plans call for an expanded, million-square-foot facility in the N
Ex-Columbia Execs Launch Inpirational Women’s Line
Beth Brownlee, former director of apparel sales for Columbia Sportswear, and Ruth Nichols, also a former Columbia executive, have introduced “Trust Your Journey,” an inspirational and eco-friendly apparel line. The brand's name was inspired by Brownl
RECALL: Lounge Chairs Sold at Dick’s
The U.S. Consumer Product Safety Commission (USPC), in cooperation with Dick's Sporting Goods, announced a voluntary recall of 125,000 Lounge Chairs and Recliners sold at the sporting goods chain. Dick's has received 19 reports of the chairs and
Aldila Sells Carbon Fiber Technology LLC
announced that its subsidiary, Aldila Materials Technology Corp. (AMTC) had entered into an agreement for the sale of AMTC's 50% interest in Carbon Fiber Technology LLC (“CFT”) with SGL Carbon Fibers and Composites, Inc. (“SGL”), a subsidiary of SGL
RECALL: Pitchbacks Sold at Dick’s
Dick's Sporting Goods, in cooperation with the U.S. Consumer Product Safety Commission, announced the recall of about 57,000 Power Bolt Y-Frame and Ultimate Y-Frame adjustable pitchbacks because the upper portion of the frame can collapse after both