Dick's Sporting Goods said Timothy Kullman will join the company in April as SVP and CFO. Kullman succeeds Michael Hines, who is resigning at the end of March as announced in November, 2006…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sport Chalet Announces Retirement of Norbert Olberz
Sport Chalet Inc. announced that Norbert Olberz, founder and chairman emeritus, has retired from the board of directors. Olberz founded the Los Angeles-based chain in 1959…
Enyce Enters Juniors/Girls Footwear License
Enyce has reached an agreement in principle with Gina Group LLC to manufacture juniors and girls footwear and hosiery under the Enyce brand name.
THOR-LO Sponsors The Breast Cancer 3-Day
THOR-LO Inc. has become the newest official sponsor of The Breast Cancer 3-Day benefiting the Susan G. Komen for the Cure and the National Philanthropic Trust…
Anvil Knitwear Launches Organic T-shirts
Anvil Knitwear, a major supplier to the imprintable T-shirt industry, announced the launch of its affordable 100% organic cotton tee shirts. AnvilOrganic tee shirts are available in ten colors in sizes XS through 4XL…
Easton Sports Premieres on The Futures Channel
Easton Sports makes an appearance on The Futures Channel’s latest mini-documentary entitled “Testing Bats.” The Futures Channel, which produces videos and DVDs to aid teachers in classrooms, went to Easton Sport's R&D Lab in Van Nuys, California to w
Eddie Bauer Posts Q4 Profit
Eddie Bauer Holdings reported net income for the fourth quarter of $63.2 million, or $2.11 per share, compared to a net loss of $12.8 million, or 43 cents, in the fourth quarter of 2005. Revenues increased 1.5% to $381.9 million from $376.4 million a ye
Nike to Expand Agency Roster
Nike has decided to expand its creative agency roster, and will begin moving some pieces of business away from longtime agency Wieden & Kennedy, a company spokesman told AdAge.com. Said Dean Stoyer, Nike's U.S. media relations director. “Our recent a
Frozen February Slows Retail Comp Sales Growth
As blizzards and freezing temperatures swept across much of the country in February, consumers were left sitting at home waiting for the spring thaw to finally arrive. Retailers, meanwhile, were left waiting for those very consumers to return to the cash
Iconix Brand Group Acquires Rocawear.
In its biggest acquisition yet, Iconix Brand Group reached an agreement to buy Rocawear for $204 million. Another $35 million may be included in the purchase price based upon the brand passing certain pre-determined performance thresholds over the next 3
L.L. Bean Tops $1.5 Billion; Will Continue Expansion Plans.
L.L. Bean reported net sales of $1.54 billion for its 2006 fiscal year ended February 27, a 4.6% increase over 2005 net sales of $1.47 billion…
SGMA: Sporting Goods Industry Hits $66 Billion
According to SGMA’s annual The State of the Industry report, wholesale sales in the sporting goods industry increased 7.6% to $66.44 billion during 2006, up from $61.75 billion in 2005. This top line number includes sales of athletic footwear, apparel and
Famous Footwear Profits Soar 49.2% in Q4.
Brown Shoe Co. reported fourth-quarter operating profit at the Famous Footwear chain jumped 49.2% to $22.5 million. Revenues grew 13% to $320.9 million on a 2.9% comp gain. Famous Footwear’s bottom line was helped by an increase in regular-priced sales a
Fleet Feet Boasts 17.5% Comp Gain in 2006
Fleet Feet recorded 19.9% growth in sales in 2006 surpassing $63 million in revenue compared to $52 million in 2005. Comp-store sales were up 17.5% on top of the 16.1% increase posted in 2005. The franchisor expects to add 7 more franchisees this year…
Payless to Acquire Collective
Payless ShoeSource inked a deal to acquire Collective International, a licensing platform that manages the Airwalk, Vision Street Wear, Lamar, Sims, LTD, genetic, Dukes, Rage, Ultra-Wheels and Skate Attack brands. When the deal closes, Collective will bec