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…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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.
Pony Names Wulff as CEO
Pony International LLC has appointed Kevin Wulff as CEO. He replaces Jim Stroesser, who was appointed as CEO when Infinity Associates and Symphony Holdings acquired the brand from GBMI last year. Stroesser was VP of sales for Converse until shortly after
adidas Takes on RBK Greece, Eyes S.C. for Second DC
The adidas Group acquired the distribution rights for the Reebok brand in Greece from RbK Hellas A.E.B.E. The agreement will take effect on January 1st, 2008, with adidas Hellas S.A. becoming the exclusive distributor of Reebok products in Greece.
Woolrich Announces Succession Plan
The sporting goods industry was saddened at the sudden passing of Woolrich president and CEO Roswell Brayton, Jr., who collapsed at the company’s headquarters in Woolrich, Penn. the week before last….
Yakima Moves Ahead with New Leadership
In August of 2006, Yakima Products appointed Jerry Heinlen, a long-time executive in the tool industry, as the company’s new CEO. Over the past six months Heinlen has been learning the ropes of the new business, and getting to know the various industries