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,
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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…
Shareholder: Everlast buyout bid too low
An investment firm with a 2.3 percent stake in Everlast Worldwide Inc. said Monday it will vote against last week's $146 million buyout offer for the boxing equipment maker because it believes the price is too low…
Payless ShoeSource adds Stacey Bendet to designer line-up
Payless ShoeSource has signed a deal with fashion designer Stacey Bendet, mastermind behind the alice + olivia designer label, to create the alice + olivia for Payless collection, Bendet's first-ever footwear collection. The line will be exclusively
Feelfree to be Sold in Outdoor Stores
Feelfree said it has unveiled a new business distribution strategy focused on the outdoor specialty retail channel. As part of the move, Ebotdirect, LLC of Shakopee, MN, which pioneered launching the Feelfree brand through the eBay auction marketplace, ha
Old Spice to Sponsor AND 1 Mix Tape Tour
Old Spice has signed on as the presenting sponsor of this year's AND 1 Mix Tape Tour, the street basketball entertainment tour featuring the world's best playground players. Old Spice will have a prominent presence in the AND 1 Mix Tape Tour�
Hyperlite Officially Launches Apparel
HO Sports company, Inc. announced the launch of a Hyperlite apparel line for 2007. In partnership with the S-Group, a design, development and sourcing house out of Portland, OR, Hyperlite introduced a men’s and women’s product line consisting of board sho
Rocky Brands Completes $40 Million Private Placement
Rocky Brands, Inc. has concluded a private placement of $40 million in fixed rate Senior Notes with Laminar Direct Capital and Whitebox Advisors. Proceeds were used to repay all outstanding amounts under its existing term loans, including a $15 million te
Payless Expands into Premium with Stride Rite Deal…
Payless ShoeSource CEO Matt Rubel last week referred to the question about his intentions for the Stride Rite family of brands as “getting the elephant out on the table,” moving quickly to dispel any speculation about Saucony, Stride Rite, Keds, Sperry To
Famous Footwear Profits Soar 17.1% in Q1…
Brown Shoe Co. had a bit of a tough first quarter as revenues slid slightly overall, but the results were much different at its Famous Footwear concept, where sales and comps both increased, but were well outpaced by gains in operating profit…
Mizuno Sees Americas Lead Sales Growth…
Mizuno Corp. reported that consolidated net sales increased 6.2% for the fiscal year ending March 31, 2006 to ¥161.70 billion ($1.38 bn) from ¥152.29 billion ($1.35 bn) last year. Operating income for the year increased 11.0% to ¥6.90 billion ($59.1 mm) f
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