Lululemon Athletica Inc. in a filing with the Securities & Exchange Commission registered to sell 18.2 million in its initial public offering at prices between $10 and $12. The number of shares to be sold and the pricing range weren't included in a p
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
World Wrestling Inks Apparel Deal
World Wrestling Entertainment has reached licensing agreements with Hybrid Tees and Fifth Sun to sell WWE-branded apparel – traditionally sold primarily at WWE live events and online at WWEshop.com – into mass and mid-tier retailers as well as specialty
R.G. Barry Becomes Superga U.S. Footwear Licensee
R.G. Barry Corporation has entered into an agreement with BasicNet S.p.A. of Turin, Italy, through BasicNet’s U.S. affiliate, Basic Properties America, Inc., to become the exclusive licensee in the United States and, beginning in July 2008, in Canada for
Bakers Footwear Widens Q1 Loss
Bakers Footwear Widened its net loss in its first quarter ended May 5, to $1 million, or 15 cents a share, $700,000, or 10 cents, a year ago. Sales slid to $49.3 million from $49.8 million. Comparable store sales decreased 9.3%, compared to a decrease of
Sierra Trading Post Introduces Return Express
Sierra Trading Post announced the release of its new online return system, “Return Express.” The online return system allows customers to order an exchange item before the original item has been returned to Sierra Trading Post…
Bill Cramer Passes Away
Charles William (Bill) Cramer, chairman of the board of Cramer Products, Inc., has passed away at the age of 86. Cramer developed one of the company's most well-known products, Atomic Balm. He was president of Cramer from 1973 – 1976, and also served
Collegiate Pacific Chairman Michael Blumenfeld Steps Down from Board
Collegiate Pacific announced that Adam Blumenfeld, the company's Chief Executive Officer, will succeed Michael J. Blumenfeld as the Chairman of the Board, effective July 1, 2007. Michael Blumenfeld will be stepping down from the Board as previously p
Callaway Golf International Ex-Senior VP Joins e21
Element 21 Golf Company announced that Keith Keindel, Ex-Senior Vice President, International, Callaway Golf, has joined e21 to head the international distribution and sales of e21 Scandium golf equipment…
Ex-Vans CEO Joins Global Brands Group
Global Brands Group, an independent, international brand management, retail and licensing company, announced that Gary H. Schoenfeld has been named co-CEO and president. Schoenfeld's primary responsibilities include the company's retail, merchan
Zoot Sports Introduces Triathlon Footwear Line
Zoot Sports has introduced a triathlon-specific footwear line – the ULTRA Footwear Collection. Zoot said its ULTRA Footwear project is led by footwear industry veterans Aaron Azevedo (formerly with Saucony, Reebok, North Face), Bob Carroll (formerly with
Converse Hires Hip-Hop Artist as Endorsee
Converse announced that Common, Grammy award winning hip-hop artist and actor, will be the face of Converse (PRODUCT) RED. Common will appear in Converse's first national print campaign to further support Converse's partnership with (PRODUCT) RE
RECALL: Cannondale Mountain Bicycles
Cannondale and the CPSC are recalling about 6,700 Mountain Bicycles with Lefty Speed SL and Lefty Speed DLR Forks. The forks can break during use causing the rider to lose control
of the bicycle, fall and suffer serious injuries…
Timberland Appoints VP Men’s CasualGear Footwear
The Timberland Co. appointed Tom McGee to Vice President of Men’s CasualGear Footwear. In this role, McGee will be responsible for the global strategic vision for the Men’s CasualGear Footwear division and will provide direction for the footwear design, d
Callaway Sues Fortune Brands
Callaway Golf Co. filed a lawsuit against Fortune Brands Inc. The complaint alleges that some of Fortune unit Acushnet Co.'s Titleist and Cobra brand drivers use “breakthrough” inventions patented since 2002, according to a lawsuit filed June 8 in fe
Jones Apparel Names President, Company-Owned Retail
Jones Apparel Group, Inc. announced that it has promoted Jay Friedman to President, company-Owned Retail Footwear and Apparel, effective immediately. In this role, Friedman will focus on leveraging the company's infrastructure and relationships to en