TJX Cos. confirmed that credit- and debit-card information for at least 45.7 million of its customers was stolen in 2003…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Play Ball USA at SGMA Show
Play Ball USA will hold its annual meeting June 10 at the Sands Convention Center in Las Vegas. On June 11, they will hold a silent auction of sports memorabilia at the group’s booth on the trade show floor. Approximately 50 items will be displayed for
Mike Ashley Buys adidas Stake; RBK Moves EU Headquarters
Sports Direct’s Mike Ashley has invested £183 million ($350 mm) on a 3.14% stake in adidas. The entrepreneur used his own resources to buy the adidas stake, rather than those of Sports Direct…
Gildan Plans Five North American Factory Closures
Gildan Activewear Inc. will close its two remaining textile facilities in Montreal, as well as its cutting facility in Bombay, N.Y., in the fourth quarter of the current fiscal year. Two sewing facilities in Mexico, which are supplied with fabric from Gil
OBIT: Richmond B. Hosley
Richmond B. Hosley, 60, former president, international division for Jockey International Inc., passed away on March 10, 2007. Mr. Hosley was born in 1947 in New Haven, Conn…
Dynacraft Bikes Recall
The CPSC and Dynacraft BSC Inc., of American Canyon, Calif. are recalling about 32,000 Triax PK7 and Vertical PK7 Bicycles. The bicycles were manufactured by Shun Lu Bicycle Company of Guangdong, China…
RECALL: West Marine Inflator Pumps
The CPSC and Stearns Inc., are recalling about 1,400 West Marine Inflator Pumps The recalled units were originally imported by Sevylor, who was recently acquired by Stearns…
Johnson Outdoors Receives $500,000 Grant
Johnson Outdoors has been awarded $500,000 by New York's Empire State Flood Recovery Grant Program after its Binghamton, NY tent manufacturing facility was damaged in June of 2006. The grant will be made in two payments: half upon approval of the app
REI Looks to Standardize Sustainability Through Stewardship
REI recently released the retail chain’s first stewardship report, outlining the different silos where REI is working to improve social and environmental conditions in its various businesses…
Peter Devin Exits Role at Nielsen and Outdoor Retailer Show
Peter Devin, the outdoor group director for Nielsen in charge of the Outdoor Retailer and Fly Fishing Retailer trade shows, has decided to move on to pursue other opportunities “within and around” the outdoor industry. Devin spent five years working to cr
Quiksilver, Inc. Sees Shareholder as a Hoax
A letter that claimed to have been penned by a group of Quiksilver shareholders was found to be a hoax. Two weeks ago, the “Cross Americas Investors Club†and an individual named “Lew Shapiro†sent a letter to a group of Rossignol dealers and a f
Orvis Promotes Ray McCready to President
The Orvis Company has appointed the first non-owner company president in the history of the brand. Ray McCready was promoted from VP of merchandising and retail to president of the 150-year old company. Before joining Orvis, McCready was the vice presiden
Fila Korea Closes on Acquisition of Global Fila License
Fila Korea Ltd. has closed on its acquisition of the global Fila footwear and apparel business from Sport Brands International. The purchase price was not disclosed…
Phoenix Footwear May Not Meet Financial Covenants for Q1
Phoenix Footwear Group Inc., the parent of Royal Robbins, said it does not believe it will meet its financial covenants for the first quarter and the company's independent public accountants have included a “going concern” qualification in its report
NYC Mayor to Veto Ban on Aluminum Bats
NYC Mayor Michael Bloomberg said Monday he'll veto a bill passed last month to outlaw metal bats from high school baseball in the nation's largest school system, which some believe would make the game safer. The City Council is expected to overr
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