The U.S. House of Representatives on Thursday took the first step toward resuscitating the White House’s trade agenda by passing legislation granting President Obama fast-track authority…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike’s Directors to Retire
Nike Inc. announced Douglas G. Houser and Orin C. Smith have decided to retire from the Nike board of directors and not stand for re-election at the annual meeting of shareholders in September 2015…
Fitbit Shares Surge 48 Percent in Market Debut
Fitbit streaked past its initial public offering price in its New York Stock Exchange debut Thursday. Shares began trading under the FIT ticker symbol at $30.40, more than 50 percent above the initial public offering price…
Smith and Wesson Q4 Earnings Slide
Smith & Wesson Holding Corporation reported net income in the fourth quarter slid 12.6 percent to $21.9 million, or 40 cents a share, from $25.1 million, or 44 cents, a year ago…
NBA Finals Delivers Record TV Ratings
The NBA Finals produced record viewership for ABC while also giving the league its best results in retail and digital categories…
Gap Sees Active Growth Well Beyond Athleta
While Athleta remains its chain most focused on the athleisure opportunity, Gap Inc. officials see opportunities in the active space for all its chains…
Riddell Launches Smarter Football Commitment Initiative
Riddell has launched an equipment grant as part of its Smarter Football Commitment that calls on players, coaches, parents and fans to take an active role in supporting safe play in the sport of football…
Kevin Plank Moves To Keep Control At Under Armour
In a move aimed at keeping founder and CEO Kevin Plank in control the company, Under Armour's board of directors last week agreed to create a new class of stock without voting rights. The company plans to issue up to 400 million Class C shares in a t
Colt Files for Bankruptcy, Plans Sale
Colt Defense LLC, filed for Chapter 11 bankruptcy protection after failing to win the support of bondholders for a debt-restructuring agreement. The 179-year-old firearms manufacturer famous for making “the gun that won the west,” has secured
Smith and Wesson Q4 Beats Plan, Outlook Disappoints
Smith & Wesson Holding Corp. reported earnings for the fourth quarter that came in at the top end of its updated guidance. But earnings for the period still trailed year-ago levels…
House Narrowly Passes TPA Trade Bill
The U.S. House of Representatives last Thursday took the first step toward resuscitating the White House’s trade agenda by passing legislation granting President Obama fast-track authority to negotiate a mammoth Pacific trade deal…
Foot Locker And Asics America Launch ‘Real Lives. Real Runners’.
Foot Locker, Inc. partnered with Asics America Corporation to launch its “Real Lives. Real Runners.” campaign, ahead of the 2015 TCS New York City Marathon…
Feetures! Transfers Plantar Fasciitis Products to Manufacturer
Feetures! has transfered distribution of its Plantar Fasciitis Sleeve and Plantar + Calf Sleeve to ING Source Inc., which manufactures the products…
Nike Opens Vancouver Soccer Pop-Up
Nike opened The Nike Underground, a pop-up experience in downtown Vancouver dedicated to soccer…
Iconix Brand Group Appoints CFO
Iconix Brand Group Inc. which owns rights to the Danskin, Ocean Pacific, Umbro brands, appointed David K. Jones as executive vice president and chief financial officer…
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