German surfboard manufacturer Hydroflex Technologies GmbH, which makes the bufo boards brand, has received an an investment by the Prince of Hohenzollern in order to help with its U.S. expansion…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Finish Line Lenders Extend Deadline to April
Finish Line Inc. said Thursday its lenders will extend the termination date for financing the retailer's proposed $1.5 billion takeover of Genesco Inc. UBS Loan Finance LLC and UBS Securities LLC extended the termination date to April 30, 2008, from
adidas Unlikely to Sponsor T-Mobile Cycling Team Beyond 2008
adidas told a German newspaper it's unlikely to continue as a sponsor of the German T-Mobile cycling team beyond 2008 due to doping in the sport. CEO Herbert Hainer told the Frankfurter Allgemeine Zeitung daily, “We want to see success in the fight a
Under Armour’s Plank Donates $75,000 to Univ. of Maryland
Under Armour founder and CEO Kevin Plank donated $75,000 to the University of Maryland, his alma mater, towards the new fund for the Smith School's Dingman Center for Entrepreneurship. Plank, a 1996 graduate of the Smith School, launched Baltimore-ba
Former Huffy Plant in Wisconsin to Close
Russell Corp. has notified Wisconsin state officials of its intention to close the former Huffy Sports Co. plant in Sussex, eliminating the last 50 jobs there by the end of March next year. Russell ended production of basketballs and backboards at the pla
Foot Locker Donates to the Fred Jordan Mission
Foot Locker once again partnered with the Fred Jordan Mission's 19th Annual Back-to-School Giveaway to outfit more than 4,000 needy children in the Los Angeles area with athletic shoes and socks. Said Keith Daly, president of Foot Locker U.S., “This
Cabela’s to Open in Billings, Montana
Cabela's Incorporated announced plans to build a store in Billings, Mont. The store is anticipated to encompass 80,000 square feet as part of the Billings Town Square development to be located near the South Billings Boulevard exit off I-90. Construc
REI Prototype Store Opens October 5 in Boulder
Recreational Equipment, Inc. will open its first prototype store on Oct. 5 to test new retail concepts and the performance of green building features, including state-of-the-art technology and environmentally-friendly materials. Findings from the working
KEEN Launches Sustainability Contest
KEEN has launched Hybrid.STAND, an innovative initiative designed to inspire ideas around sustainability. Hybrid.STAND includes two major components: the STAND online contest and a documentary film. The campaign culminates at the Hybrid.STAND Festival in
Pony Back in Endorsement Game
Pony International signed an endorsement agreement with Wilson Chandler, the New York Knicks 2007 first-round draft pick, for the re-launch of its performance basketball line for fall 2007. Wilson will be featured in a national advertising campaign that
Reebok Supports Breast Cancer Awareness
Reebok has again signed on as the official global footwear and apparel sponsor of the 2008 Avon Walk Around the World for Breast Cancer. Reebok's Pink Ribbon branded products help raise awareness for the Avon events and, in addition, Reebok has made
Sofft Shoe Company Relocates Corporate Offices
Söfft Shoe Company, a division of HHBrown Shoe Company, has officially announced it’s relocation of their corporate offices. Söfft Shoe Company, formerly called Lowell Shoe Company, has resided in Hudson, NH for the past 25 years. As of September 10, Söff
True Temper Opens China Plant
True Temper Sports, Inc. opened its newest golf shaft manufacturing operation located just outside of Shanghai in Suzhou, China. The metals forming facility, which has been under construction for the past two years, will provide the needed capacity and ex
Dean Potter Becomes prAna’s Endorser
prAna announced that Dean Potter will join their team of sponsored athletes. As a prAna athlete, Dean will function as a brand ambassador to the climbing community, while helping the company reach outside to a more mainstream audience. He will also assist
Izod Grabs Naming Rights to NJ’s Continental Airlines Arena
Izod was awarded naming rights to Continental Airlines Arena by the New Jersey Sports and Exposition Authority on Thursday. The building will be called the Izod Center. Rocawear and Southpole also made bids for the naming rights…