Ryka Founder Named CEO OF Swiss Masai US

Ryka founder Sheri Poe has been named chief executive officer of Swiss Masai US, LLC, a wholly owned subsidiary of Switzerland’s Masai Group International, Ltd. In this role, Poe, who founded the Ryka brand in 1987, will oversee all U.S. operations, dist

Umbro CEO Resigns; CFO Takes Over

Umbro PLC said its chief executive Peter McGuigan has resigned to take up the role of CEO at Americana, a private equity backed business which owns the Bench and Hooch trademarks.
Umbro chief financial officer Steve Makin will become the new chief executi

Iconix to Offer $250 Million in Notes

Iconix Brand Group, Inc., the parent of Rocawwear, Danskin, Ocean Pacific and several other apparel adn footwear brands, announced its intention to offer $250 million aggregate principal amount of Convertible Senior Subordinated Notes due 2012.

Dynacraft to Launch Tony Hawk Bikes

Dynacraft BSC, Inc., the U.S. bicycle distributor, entered into an exclusive licensing partnership with skateboarding legend and action sports pioneer, Tony Hawk. Under terms of this agreement, Dynacraft will develop several new lines of bicycles under th

Everlast Stakeholder Opposes Buyout

Galt Investments on Tuesday became the second stakeholder to say it will vote against Everlast Worldwide Inc.'s $146 million buyout offer because it believes the price for the boxing equipment maker is too low…

Dynacraft Joins Bikes Belong

Dynacraft BSC, Inc., a leading U.S. bicycle distributor, has joined Bikes Belong, the national coalition of more than 350 bicycle suppliers and retailers working together to put more people on bicycles more often. Dynacraft distributes a variety of differ

American Apparel Revs Jump 24% in Q1

American Apparel reported sales climbed 24% for the first quarter ended March 31, to $73.5 million from $59.3 million. Same-store sales rose 17%. Pro-forma adjusted EBITDA increased 64%…

Kobe Bryant Top NBA’s Most Popular Jerseys

The Los Angeles Lakers’ Kobe Bryant has the most popular jersey in the NBA this season based on sales at the NBA Store in New York City and NBAStore.com. Bryant regained the lead from the Miami Heat’s Dwyane Wade, ranked No. 2 this year, who held the top

Founder David Whelan Sells JJB Stake

Dave Whelan, founder of JJB Sports PLC, has sold his family's entire 28.96 percent stake in the UK sports retailer and quit the board. The stake was sold to a joint venture formed by Icelandic financial group Exista and Chris Ronnie, who was previous

NSGA Sees 3% Growth in Sporting Goods in ’07

The NSGA said retail sales of sporting goods (footwear, clothing and equipment), which reached a record $52.1 billion in 2006, are expected to grow 3% in 2007. For 2007, sporting goods sales are forecast to increase to $53.7 billion…

Dreams Inc. Gains Bank Deal

Dreams, Inc., a licensed sports collectibles and memorabilia business, has entered into an $18 million loan and security agreement with Comerica Bank that will improve the liquidity and working capital structure for its newly AMEX-listed company…