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
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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
Joe’s Readies Openings for Bellevue and Kirkland Stores
Joe's Sports, Outdoor & More, formerly G.I. Joe's, said it plans to host community-wide grand openings for new stores in Bellevue and Kirkland, Washington, beginning with ribbon-cuttings at each store at 9 a.m. on Thursday, April 5, 2007…
Hanesbrands Closing Winston-Salem Plant; 610 To Lose Jobs
Hanesbrands Inc., which owns the Hanes and Champion brands, plans to close its textile manufacturing plant in Winston-Salem, N.C., and eliminate the plant's 610 jobs.
The production at the facility, which makes underwear fabric, will be relocated to
Garmin Acquires Assets of Nautamatic Marine Systems, Inc.
Garmin Ltd. acquired substantially all the assets of Nautamatic Marine Systems, Inc., manufacturer of the TR-1 Gold and Gladiator marine autopilots. Financial terms of the transaction were not released…
Play It Again Sports’ 2006 Sales Increase 1.2%
Play It Again Sports, a division of Winmark Corporation, saw revenues reach $254 million in 2006, up 1.2% from $251 million last year…
Jordan Brand Launches Jumpman Jeter Vital Training Shoe
Jordan Brand, a division of Nike, launched the Jumpman Jeter Vital training shoe. This marks Derek Jeter's seventh shoe for Jordan Brand, with the first being launched in May of 2001…
Sports Direct’s Ashley Buys Adidas Stake
Sports Direct’s Mike Ashley has invested £183m (U.S. $350 million) on a 3.14% stake in adidas…
Steve and Barry’s Signs Ben Wallace as Endorser
Steve & Barry’s said four-time NBA All-Star Ben Wallace has become the first athlete endorser of the Starbury Brand. Wallace will wear the Starbury II shoe, which debuted on March 26th, on-court this season, while a Big Ben signature Starbury sneaker i
Former Fila Exec Launches Sports Marketing Firm
Howe Burch, the former senior vice president of sports marketing for Fila USA, has launched a new sports and entertainment firm. In his new venture, Burch teamed up with Barbara Perry, a former senior vice president at sports agency giant IMG, to form Per
Companies Offer up More Insight at Merrill Lynch Conf…
Executives at Golfsmith Inc., Brown Shoe, Iconix Brand Group, and Warnaco, Inc. discuss strategy at Merrill Lynch Conference…
Perry Ellis Sees Strength in Swim, Signs Gotcha License…
Perry Ellis International saw overall revenues improve 8.3% to $232 million for the fourth quarter; however, for the full year, total revenues declined 2.3% to $829.8 million from $849.4 million last year…
Finish Line Taps Nordstrom Exec for Chief Merchant Role
The Finish Line appointed Samuel Sato as EVP and chief merchandise officer of Finish Line. Sato will be responsible for all product lines for Finish Line stores and reports to Glenn Lyon, president. Lyon had been overseeing merchandising for the retailer.
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