Asics Corp. plans to establish a Global Lifestyle Division to lead marketing for lifestyle brands such as Onitsuka Tiger and Asics Tiger…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Caleres Announces Results of Tender Offer
Caleres, formerly Brown Shoe Co., announced that the previous cash tender offer for any and all of its $200 million aggregate principal amount of 7⅛ percent senior notes due 2019…
Nike To Settle FuelBand Class Action Lawsuit With $25 Gift Card
Nike Inc. and Apple Inc. agreed to settle a class-action lawsuit that alleged the companies misled consumers about the accuracy of the Nike+ FuelBand device. Consumers who purchased the fitness tracker between January 19, 2012, and June 17, 2015, are elig
Converse Unveils Chuck Taylor All Star II
Converse Inc. unveiled its new Converse Chuck Taylor All Star II with a global launch in its hometown of Boston. On Thurs, July 23, guests gathered at the Cruiseport, a World War I era warehouse in South Boston…
Columbia Opens Performance Fishing Store in Miami
Columbia Sportswear Company has opened its newest Performance Fishing Gear (PFG) concept store in Miami’s The Falls…
Under Armour Extends Partnership with Austria Ski Federation OESV
Under Armour extended its sponsorship of the Austria Ski Team as its official apparel supplier for an additional two years, until May 31, 2017…
Adidas Unveils Mobile Boost Exhibit
Adidas unveiled a scalable interactive exhibit celebrating its products and technologies that will appear at the country’s premier running events…
Deloitte Study: BTS Spending Expected to Decline
Deloitte found 38 percent of surveyed parents shopping for children in grades K-12 said the back-to-school shopping season is less important to their families because…
WSS Supports Los Angeles County Alliance for Boys and Girls Clubs
WSS, the footwear retailer, donated $3,000 to each of the 27 Los Angeles County Alliance for Boys & Girls Clubs as part of the larger $250,000 donation announced in May…
Puma SE Widens Q2 Loss
Puma SE reported a loss of €3.3 million, stung by currency effects. Sales growth was seen across all regions, driven by footwear…
VF Corp Lifts FY Guidance After Strong Q2
VF Corp. reported second-quarter earnings rose 8.3 percent to $170.8 million, or 40 cents a share, exceeding Wall Street's consensus estimate…
VF Hikes FY Guidance on Robust Q2
With another stellar performance from its triumvirate of outdoor brands – The North Face, Vans and Timberland, VF Corp. reported earnings and revenues that expanded at a double-digit rate on a currency-neutral basis in the second quarter while lifting its
Dick’s SG to Open Women’s Specialty Boutiques
Dick's Sporting Goods plans to launch Chelsea Collective, a specialty women's fitness and lifestyle boutique. The first two locations will open in August 2015 in Tysons Corner, VA, at Tysons Corner Center and Pittsburgh at Ross Park Mall…
Under Armour Q2 Benefits from Star Power
Benefiting from breakout events from several of its star athletes, Under Armour reported its 21st consecutive quarter of 20 percent plus net revenue growth…
Puma’s Q2 Loss Steepens on FX Woes
Puma SE reported sales growth across all regions, driven by double-digit gains on a currency-neutral basis in the footwear category and in the Americas region. But the continuing negative impact of currency fluctuations led to a net loss in the period…
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