'47 Brand unveiled a partnership with the Black Fives Foundation, a non-profit organization that works to research, preserve, showcase, and teach the history of African Americans in basketball…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
The Atlantic League Partners with OC Sports
The Atlantic League of Professional Baseball (ALPB) announced a partnership with OC Sports, through a combined merchandise, licensing and sponsor agreement. The agreement names OC Sports as the official on-field headwear of the Atlantic League…
G-III Apparel Delivers Double-Digit Q1 Revenue Gain
G-III Apparel Group, Ltd. reported net sales grew 18 percent in the first quarter to $433.0 million compared to $366.2 million in the year-ago period. The company’s net income for the first quarter was $6.8 million, or 15 cents per diluted share, as
Adidas Applauds Sepp Blatter Resignation
In response to the resignation of Sepp Blatter, FIFA's president, Adidas said in a statement, “We welcome FIFA's commitment to change. As stated before, the Adidas Group is fully committed to creating a culture that promotes the highest standard
K-Swiss Acquires KR3W Denim and Supra Footwear
K-Swiss Global Brands, also known as K-Swiss Inc., a division of E.Land Group, announced its acquisition of One-Distribution, a leading skate-inspired apparel and footwear manufacturer and parent company of KR3W Denim Co. and Supra Footwear…
Mizuno USA Appoints VP of Brand Marketing and Management
Mizuno USA appointed 20-year marketing and business veteran Mark M. O’Brien as vice president of brand marketing & management. O’Brien will lead all of Mizuno USA’s marketing efforts…
Report: Manhattan’s JackRabbit Shifting Away from Tri Merchandise
According to the report in the New York Times, JackRabbit Sports, acquired by Running Specialty Group in March, is phasing out swim and bike offerings popular aimed at the triathletes crowd. The Manhattan-based store will shift to focus even more on runni
Boot Barn Acquires Sheplers
Boot Barn Holdings, Inc. entered into a definitive agreement to acquire Sheplers, Inc., a 116-year old western lifestyle company with 25 retail locations across the United States and an e-commerce business, for a purchase price of $147 million in cash…
NSGA: Sporting Goods Market Grows 2 percent in 2014
Consumer-reported retail sales of sporting goods equipment, athletic footwear and athletic apparel increased 2 percent in 2014, according to the 2015 edition of the NSGA Sporting Goods Market report, which was released by the National Sporting Goods Assoc
Brooks Running Survey Finds Friends Trump Fitness Trackers
According to a survey from Brooks Running Co., 32 percent of Americans say they’d choose a friend as their go-to training partner, followed by 24 percent a digital fitness tracker, and 20 percent…
Wolverine Worldwide Announces CFO Transition
Wolverine Worldwide appointed Michael D. Stornant as senior vice president, chief financial officer and treasurer, effective June 12. He will succeed Donald T. Grimes, who has resigned his position to become executive vice president, chief operating offic
Running USA: Thousands to Participate in National Running Day
National Running Day, a coast-to-coast celebration of running and a collaboration with top U.S. running organizations to promote running as a healthy and accessible form of exercise, will take place on Wednesday, June 3, it was announced today by Running
Vibram USA Acquires Quabaug Corporation
Vibram has acquired the soling assets of Quabaug Corporation, its U.S. manufacturing and distribution partner since 1965. Vibram USA and Quabaug will now do business as Quabaug Vibram Innovation…
PVH Earnings Climb in Q1
PVH Corp., the parent of Speedo and Izod, reported first-quarter earnings exceeded its guidance…
Fitbit Seeks $3 Billion Valuation
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
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