Recent statistics released by the Sports & Fitness Industry Association (SFIA) indicate a drastic decline in team sports participation, in the last five years, by children ages 6 to 17, according to PHIT America. The research shows a a decline in the numb
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Dick’s SG Q1 Beats Plan, Outlook Disappoints
Dick’s Sporting Goods Inc. reported first-quarter earnings declined 9.5 percent due to the slow start to spring selling due to the extended wintry weather in the Northeast and Midwest. But results still came in at the high end of the downbeat guidan
Black Diamond Equipment Hires VP of Product
Black Diamond Equipment promoted Doug Heinrich to senior vice president of product. The hiring is part of several key changes and promotions to its product development team…
Shoes.com Reports Record Revenue in Q1
Shoes.com reported record financial and operating results for its first quarter ended Mar. 31. Gross revenue increased 89 percent year over year to $60 million. Gross profit margins remained robust at 44.5 percent…
OBIT: Rest In Peace Dean Potter
Dean Potter, the legendary and controversial climber, died Saturday in a BASE-jumping accident in Yosemite National Park…
SmartWool to Sponsor Ragnar Events
SmartWool has partnered with Ragnar Events and three of the country’s most popular trail race series. The Steamboat Springs, Colorado-based brand will serve as the official sock supplier to the 2015 Gnar Runners, Steamboat Springs Running and Vail M
Avia Introduces Wearable Fitness Collection
Sequential Brands Group, Inc. announced a key category expansion for its active lifestyle brand Avia with the introduction of a full line of wearable fitness accessories at major retailers nationwide…
Vans to Make Disney Collection
Vans has partnered with Disney on a collection of footwear, apparel and accessories for fall based on Disney characters…
Spalding Launches #TrueToTheGame Social Campaign
Spalding, a division of Russell Brands, LLC, has launched a social media sweepstakes and campaign targeting basketball fans in partnership with Slam Magazine. The campaign asks fans to showcase how they are #TrueToTheGame…
WSS Donates to Boys and Girls Club
WSS, the Southern California-based neighborhood footwear retailer in the U.S., affirmed its commitment to the neighborhoods where it does business by donating $250,000 to the Los Angeles County Alliance Boys & Girls Clubs and to other neighborhood clubs i
Triple D Offers to Acquire Global Surf Industries
Thailand-based investment company Triple D Corporation, which recently acquired Surf Technicians LLC (SurfTech), has offered to acquire Global Surf Industries (GSI), which manufactures and distributes many well-known brands in the surf and standup paddle
Life is Good Teams Up with Camp Southern Ground
Life is Good is teaming up with Camp Southern Ground, the project of three-time Grammy winner Zac Brown, at Hangout Music Fest. The partnership will offer a limited-edition t-shirt…
Perry Ellis’ Q1 Earnings Climb
Perry Ellis International reported revenue in the first quarter rose 3.5 percent while net earnings rose 21.0 percent. The company also increased its full-year guidance…
Gildan Activewear Q1 Earnings Slide
Gildan Activewear reported first-quarter earnings slumped 29.3 percent despite a 15.9 percent gain in sales. The company also slightly narrowed its EPS guidance for the full year to reflect further foreign currency devaluation…
Kohl’s Sees Modest Q1 Earnings Gain
Kohl's Corp. reported first-quarter earnings increased 1.6 percent to $127 million, or 63 cents a share, from $125 million, or 60 cents, a year ago. Same-store sales grew 1.4 percent…
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