Wilson Sporting Goods Co., and FIBA, the International Basketball Federation, have entered into a four-year agreement for FIBA 3×3…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Fitbit Sets IPO Terms
Fitbit plans to sell nearly 30 million shares in its initial public offering at prices between 14 to $16 a share, according to its updated filing with the Securities & Exchange Commission. At the top end of that range, Fitbit's IPO would take in $477
Nike Defends Alberto Salazar
Nike defended Nike Oregon Project head coach Alberto Salazar and 2012 Olympic 10,000m silver medalist Galen Rupp over allegations of doping. In a statement, Nike said, “We take the allegations very seriously as Nike does not condone the use of performance
Delta Apparel Resumes Stock Repurchases
Delta Apparel, Inc. is resuming the open market repurchase of its stock pursuant to the stock repurchase program previously authorized by the company's board of directors…
K-Swiss Purchases Skate Brands Supra, KR3W
K-Swiss Global Brands (KSGB), which is owned by Korea-based conglomerate E.Land, acquired One-Distribution, a leading skate-inspired apparel and footwear manufacturer and parent company of KR3W Denim Co. (KR3W) and Supra Footwear (Supra). Terms were not d
Fanatics to Run NBA Flagship Store in NYC
The National Basketball Association (NBA) announced a multi-year partnership with Fanatics to operate the new 25,000-square-foot NBA flagship store scheduled to open at 545 Fifth Avenue in time for the 2015 holiday season…
G-III Apparel’s Fan Apparel Delivers Strong Year
G-III Apparel Group reported earnings rose 70.2 percent in its fourth quarter ended Jan. 31, to $22.2 million, or 96 cents a share. Revenue grew 8.8 percent to $514.3 million…
FFANY Draws Athletic Styling
While the footwear trade show continues to focus on dressier offerings, FFANY held last week in New York again underscored the popularity of athletic styling. Particularly pervasive was vulcanized canvas takes across a number of brands and incorporated in
ABG and Global Brands Announce Licensing Agreement for Jones New York
Authentic Brands Group, LLC (ABG) and Global Brands Group Holding Limited jointly announced the signing of a long-term licensing agreement for Jones New York…
Academy Sports + Outdoors Searching for Next CEO
Academy Sports + Outdoors revealed it has begun planning for the succession of its president and CEO, Rodney Faldyn. While Faldyn has not decided on a specific timeline for his exit, Academy has nonetheless initiated a succession planning process to ensur
PVH’s Q1 Profits Boosted by Calvin Klein
PVH Corp., the parent of Speedo and Izod, reported first-quarter earnings that topped internal expectations, primarily driven by its Calvin Klein business…
New Balance Launches Instagram Campaign for National Running Day
In celebration of National Running Day in the U.S., New Balance reimagined its Instagram platform to create an interactive experience that allows users to explore epic running locations captured on camera by everyone from Team New Balance athletes to ever
DuPont Kevlar to Sponsor ESPN’s X Games Austin 2015
DuPont Protection Technologies will exhibit Adidas football cleats and Reebok CrossFit apparel and footwear made with Kevlar at ESPN’s X Games Austin 2015 this weekend…
Timberland Hires New U.S. PR Agency
Timberland has appointed Coyne PR as AOR for North America, following a competitive review…
Fabletics and Kate Hudson Launch Men’s Fitness Line
Fabletics, the premium fashion athletic wear brand developed by actress Kate Hudson, announced the launch of FL2, a line of high-performance athletic wear for men, as well as the appointment of co-founder Kate Hudson's brother, Oliver Hudson, as the
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