Saks Inc. announced that Kevin Wills, EVP of Finance and Chief Accounting Officer of the company, will become Executive Vice President and chief financial officer of Saks, effective May 4. Wills will continue to report to Stephen I. Sadove, Chief Executiv
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike Receives Most Brand Exposure at Masters
Nike received the most brand exposure during the final round broadcast coverage on CBS held on April 8, according to Brand Exposure Analysis, a digital monitoring and valuation service conducted by Chicago-based Relay Worldwide. The firm said Nike earned
JJB Sports Sees 2006 Net Profit Grow 29%
JJB Sports PLC has reported a better-than-expected jump in operating earnings in the year ended January 28, growing 28.8% to £45.9 million ($83.1 mm) from £35.6 million ($65.4 mm)…
Craft Parent Acquires Cutter and Buck…
Cutter & Buck Inc. signed a definitive agreement to be acquired by New Wave Group AB, a public company based in Sweden. New Wave, a design and marketing firm that owns brands like Craft, Kosta Boda and Seger, had net sales of SEK3,530 million ($479.6 mm)
Escalade Mourns CEO; Sports Sees Decent Q1…
Escalade, Inc. had an eventful week filled with both good news and bad…
Lotto Signs Licensee for Brazil…
Lotto Sport Italia signed a licensing agreement with Brazilian company Filon Confecções Ltda giving Filon rights to manufacture and market Lotto branded products throughout Brazil until December 31, 2009, not including a renewal option for a further 3 yea
Nike’s Ad Supports Rutger’s Women’s Team
Nike Inc. took out a full-page ad in the Sunday New York Times to support the Rutgers women’s basketball team and women's sports. The ad came in the wake of racist and sexist comments that led to the firing of radio host Don Imus. It featured a whit
Cybex Int1 Re-hearing Denied in Patent Case…
Cybex International Inc. said a federal appeals court denied its motion for a re-hearing in a patent dispute. Cybex said that it will not take any further action and will pay the previously reported judgment of $2.8 million, plus interest, within 30 days
Spira Footwear Sues USATF and IAAF
Spira Footwear, which owns the patent rights to manufacture WaveSpring technology running shoes, filed a lawsuit in Texas against the regulatory bodies that govern the 111th Boston Athletic Association Marathon…
New Study: Heelys Safer Than Most Other Sports
Heelys, Inc. said a recent study using Consumer Product Safety Commission (CPSC) data found that using Heelys wheeled footwear is significantly safer than bicycling, skateboarding, basketball, soccer and even tennis…
Mad Dogg Wins Trademark Suit
Mad Dogg Athletics, Inc. (MDA), a provider of instructor education and products for indoor cycling, said it won a federal lawsuit against Pan Holdings, Inc. for cyberpiracy and infringement of its Spin trademark…
Nautilus to Miss Q1 Guidance
Nautilus, Inc. expects to report first quarter earnings per diluted share of eight cents to nine cents on net sales of around $160 million, compared to previous guidance of diluted EPS of 18 cents to 21 cents per share on net sales of $185 million to $195
Coleman Parent Acquires Pure Fishing
Jarden Corporation has acquired Pure Fishing, Inc., a provider of fishing tackle, lures, rods and reels marketed under the Abu Garcia, Berkley, Mitchell, Stren, Trilene and Gulp names. Pure Fishing had 2006 revenue in excess of $250 million…
Academy Sports and Outdoors Plans Georgia D.C. to Support Southeast Growth
Academy Sports expects to break ground this year on the 750,000-square-foot distribution center in Georgia as it further plots its expansion in the southeast. The distribution center will be Academy's first distribution center outside its Katy, Tex.
Nalgene and Peregrine Part Ways
Thermo Fisher Scientific, manufacturers of Nalgene Outdoor Products, has notified Peregrine Outfitters that their 18-year distribution agreement will end March 5, 2008. Peregrine and Nalgene have worked out a strategy enabling Peregrine to continue to sto
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