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…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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
Skechers Addresses Buyout Speculation…
After reports surfaced that Skechers, Inc. was in discussions with a private equity firm to be acquired and taken private, Skechers CEO Robert Greenberg released a letter to the company's employees…
Swim/Action Revs Catapult for Perry Ellis…
Perry Ellis International, Inc. reported Q1 revenues surged 50% in swimwear and 110% in action sports. In swim, strong performances came from Nike, Perry Ellis and JAG, a new license signed last year. In action sports, both Redsand and Gotcha brands led t
O’Neill Family Sells Marks…
The O'Neill family sold the international rights to its O'Neill apparel trademarks to Logo International B.V., a European fashion group. The deal, which is actually comprised of two separate transactions, gives Logo International B.V. the rights
MLB, MLBPA Extend Agreements with VF Imagewear…
Following its acquisition of Majestic Athletic in February, VF Imagewear, Inc. extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. Specifically, the agreements cover aut
Nike to Once Again Produce Soccer Balls in Pakistan…
Just over six months ago, SEW reported that Nike, Inc. had decreased production of hand stitched soccer balls at the Saga Sports factory in Sialkot, Pakistan due to “significant labor compliance violations”…
Edwin Watts Acquired by Sun Capital Affiliate…
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, FL, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten southern
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