Billabong International Ltd. reported a net profit of Australian $4.2 million ($3.0 mm) in its fiscal year ended June 30, rebounding from a loss of AUS$233.7 million in the same period a year ago. Excluding significant items and discontinued businesses, E
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
PVH Corp Q2 Beats Plan
PVH Corp., the parent of Speedo, raised its full-year guidance after reporting better-than-expected second quarter results…
PVH Lifts FY Guidance as Q2 Beats Plan
PVH Corp., the parent of Speedo and Izod, raised its full-year guidance after reporting above-plan second quarter results…
Fanatics Secures $300 Million in PE Funding
Fanatics has received a $300 million investment from PE firm Silver Lake Partners, according to a report from Fortune…
Shock Doctor Renames Itself United Sports Brands
Following the merger of Shock Doctor Sports and McDavid Inc., the two entities last week announced they have reorganized under the name, United Sports Brands. The combined company is also undergoing a massive restructuring, which includes opening a new fa
Skechers to Sponsor LA Marathon
Skechers has signed on as the title sponsor of the LA Marathon. The deal replaces two-year sponsor Asics and changes the race’s official name from the Asics LA Marathon to the Skechers Performance Los Angeles Marathon…
Caleres Q2 Boosted by Higher Gross Margins
Caleres, formerly Brown Shoe, reported that second-quarter earnings, excluding a charge for debt extinguishment, rose 22.4 percent, to $22.1 million, or 50 cents per share, versus second quarter 2014 net earnings of $18.1 million, or 41 cents per diluted
Ironman to Be Acquired by China’s Dalian Wanda
Dalian Wanda Group Co., Ltd., one of the leading Chinese private conglomerates, has reached an agreement to acquire 100 percent of the World Triathlon Corporation, the owner of the Ironman brand and races, for $650 million…
Earlier OR Summer Dates Frustrate Paddlesports Community
With the recent decision to move Outdoor Winter Market ahead by two weeks, it wasn’t a surprise that the organizers of Outdoor Retailer pulled back Outdoor Summer Market by one week. But it still seemed to frustrate those in the paddlesports communi
Outdoor Retailer to Stay in Salt Lake Through 2018
Show organizers for the Outdoor Retailer show announced last week that they agreed to extend its contract with Salt Lake City through Summer 2018. The show had been contracted to stay in Salt Lake City through August 2016…
Nautilus, Inc. Provides Update on Share Repurchase Program
Nautilus, Inc. provided an update on its previously announced $15 million share repurchase program authorized by the company’s noard of directors in November 2014. Nautilus said it has repurchased $6.6 million…
Ugg Opens Pop-Up Shops in Boston and New York
The Ugg brand, a division of Deckers Brands, announced the opening of two pop-up stores featuring Infinite Ugg, a seamless online integration that grants access to an “endless aisle” of merchandise not found in store, in Boston and Elizabeth, NJ…
Burton Restructures European Leadership
Burton Europe hired Frank Waterlot, previously at Oakley and Calvin Klein, as VP of sales and marketing…
SFIA: Intense Aerobic Workouts Fuel Fitness Participation
Intense aerobic workouts are driving fitness participation growth according to the 2015 Tracking the Fitness Movement Report. Cardio Cross Training ranked first in participation growth with a 37.8 percent increase from 2013…
Under Armour Investors Approve New Shares as CEO Keeps Control
Under Armour Inc. shareholders on Wednesday approved a stock split creating a new class of shares for the company, during a special meeting at company's Baltimore headquarters. The new class of stock ensures founder and CEO Kevin Plank retains contro
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