Everlast Worldwide Inc. has signed a worldwide license agreement with Michelin Lifestyle Limited (MLL) to create a new line of professional boxing footwear using patented tread technology inspired by the Michelin HydroEdge tire. The boxing footwear line w
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Zumiez May Comps Grow 11.2%; Finds CFO
Zumiez Inc.'s sales in the four weeks ended June 2 jumped 51.6% to $22.7 million, with comparable stores ahead 11.2%. The action sports retailer also offered Trevor Lang, formerly VP of finance at Carter's Inc., its vacant CFO position…
L.L. Bean Plans Outdoor Theme Park in Freeport
L.L. Bean plans to develop a 700-acre outdoor adventure center in Freeport, with the goal of creating a national recreation destination. The project site is about a mile from its flagship store, and will feature lodging and dining facilities…
Recall: Cannondale Carbon Cranksets
Cannondale said it is recalling about 2,900 bicycles with carbon cranksets due to fall hazard…
Esprit’s Harris-Jensbach Joins PUMA’s Board
PUMA announced a change in the board of management: Melody Harris-Jensbach, previously International Product Director Women at Esprit responsible for the global business division Woman’s Casual, will be appointed Member of the PUMA Board of Management on
Under Armour Announces New Distributor for Benelux Region
Under Armour has signed an agreement with Unlimited Sports Group (USG), an integrated wholesale and retail organization, to manage the distribution of Under Armour products to Belgium, the Netherlands and Luxembourg…
Callaway Announces $100 Million Stock Buyback
Callaway Golf Company announced that its Board of Directors has authorized the company to repurchase up to $100 million of the company's common stock in open market or in private transactions…
Study: Online Product Information Drives Customer Loyalty
Shoppers are more likely to return to websites and shop in physical stores of retailers that provide complete product information online, according to a new study conducted for WebCollage. Additionally, the study indicates that retailers that do not prov
Blacks Leisure CEO to Step Down
Blacks Leisure, the United Kingdom outdoor chain, announced its chief executive Russell Hardy will step down “by mutual agreement.” It also announced it had appointed advisers to carry out a review of its strategic options for boardwear chain Freespirit..
Nike Golf Partners with Golf Digest
Nike Golf has partnered with Golf Digest to launch the “Tee It Up with Tiger Woods” sweepstakes promotion — providing consumers with the rare opportunity to meet and play golf with the No. 1 player in the world, Tiger Woods, at Reunion Resort in Orlando,
Everlast Faces Termination Fees if Deal Falls Through
Everlast Worldwide Inc. said that it will be required to pay Hidary Group a $3 million termination fee under certain circumstances if it ends a merger agreement between the companies during the current “go shop” period, according to a filing with the Secu
Sports Chalet’s Q4 Net Drops 45%
Sport Chalet, Inc. reported net income declined to $881,000, or 6 cents a share, from $1.6 million, or 12 cents, a year ago, reflecting a weak California snowfall. Sales in the period ended April 1 increased 9.1% to $97.8 million from $89.7 million, with
Reebok/CCM and USA Hockey Extend Partnership
USA Hockey announced that Reebok-CCM Hockey, a long-time partner of the organization, has agreed to a multi-year deal that will keep the company as an official equipment supplier of USA Hockey and USA Hockey InLine…
WYNIT Announces Second Annual Outdoor Show Photo Contest
WYNIT, Inc., the distributor of consumer electronics for the outdoor enthusiast, and Olympus Imaging America Inc., announced details for the second annual OR Summer Show Photo Contest, “Spirit of the Great Outdoors.” WYNIT and Olympus are sponsoring the c
Mazer Appointed Demo Marketing Chief
Alain Mazer, who was most recently vice president and director of global marketing at Hot Tuna (International), has joined Pacific Sunwear of California as marketing director of the Demo stores division…
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