Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

PETsMart Exec to Become Dick’s CFO

March 16, 2007 SGB Update

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…

Anvil Knitwear Launches Organic T-shirts

March 14, 2007 SGB Executive

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

March 14, 2007 SGB Executive

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

March 14, 2007 SGB Executive

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

March 14, 2007 SGB Executive

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

March 12, 2007 SGB Update

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.

March 12, 2007 SGB Update

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

SGMA: Sporting Goods Industry Hits $66 Billion

March 12, 2007 SGB Update

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.

March 12, 2007 SGB Update

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

March 12, 2007 SGB Update

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

March 12, 2007 SGB Update

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

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