Bike Barn has acquired ACME Bicycle Co. and now operates six stores in the greater Houston area, according to the Houston Chronicle…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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…
Polo Ralph Lauren Signs Boris Becker as Wimbledon Endorser
Polo Ralph Lauren named former Wimbledon champion Boris Becker as its official brand ambassador for the Wimbledon championships. Polo Ralph Lauren is marking its second year as Official Outfitter of Wimbledon…
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 unaudited combined sales results for the 2007 first quarter ended March 31, 2007 of $73.5 million, a 24% increase…
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…
Football Legend Archie Griffin to Speak at The Athlete’s Foot’s Convention
Football Legend Archie Griffin is the keynote speaker for The Athlete's Foot Global Franchise Convention, being held at the Venetian Hotel in Las Vegas during the SGMA Spring Market. A former owner of numerous Athlete’s Foot franchises, Griffin is kn
Canadian Action Sports chain, West 49, Widens Losses
West 49 Inc., which operates action sports stores in Canada, reported first quarter sales increased 15.5% to $41 million (U.S. $39 million) from $35.5 million (U.S. $33 million). However, net losses expanded to $3.2 million (U.S. $3 million) from $1.8 mil
Nordstrom Same-Store Sales Increase 6.3%
Nordstrom, Inc. reported sales rose 6.1% for the four-week period ending June 2, to $637.8 million from $600.9 million. Same-store sales increased 6.3%…
Dillard’s, Inc. Sees 2% Drop in May Comps
Dillard's, Inc. reported sales dropped 1% for the four weeks ended June 2, to $527.9 million from $533.5 million. Sales in comparable stores decreased 2%…
J.C. Penney’s May Comps Sink 2%
J. C. Penney Company, Inc. reported department store sales increased 0.3% for the four weeks ended June 2. Comparable department store sales decreased 2%, compared to initial guidance for sales to be flat, and an 11.1% increase last year. The best perform
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal