Belk Inc., the department store operator, issued a statement saying it had hired Goldman Sachs to help it explore a possible sale or other “strategic alternatives.”…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Adidas Partners to Launch Boston Marathon RunBase
Adidas and the Boston Athletic Association (B.A.A.), organizer of the Boston Marathon, announced the launch of the Boston Marathon RunBase in partnership with Marathon Sports, Inc. The Adidas exclusive community experience will open mid-April just steps f
Under Armour to Sponsor University of Cincinnati
The University of Cincinnati department of athletics announced a long-term partnership with Under Armour…
Zensah to Sponsor Austin Track Club
Zensah, the premium compression apparel brand, is partnering in a sponsorship deal with the Austin Track Club, one of America's premier professional track & field teams, with past team members including Olympians Leo Manzano and Shannon Rowbury…
New Balance Launches Boston Campaign
New Balance announced its “Nobody Runs Like Boston.” campaign that is dedicated to its hometown city. The campaign highlights the brand’s unique running heritage…
Sportsman’s Warehouse Sees Further Stabilization in Q4
Sportsman's Warehouse Holdings Inc. reported fourth quarter profits improved before special charges. Same-store sales declined due to challenges in the guns and ammunition category but marked a smaller drop than recent quarters…
Quiksilver’s Andy Mooney Was Fired
Quiksilver Inc. confirmed in a filing with the Securities & Exchange Commission, Andy Mooney was terminated from his job as chairman and chief executive officer. As reported, Pierre Agnes, who previously served as the company's president since Octobe
Hudl Raises $72.5MM in Funding Round
Hudl, the sports video analysis platform, today announced $72.5 million in funding, marking the company's first major institutional investment. With more than 3.5 million professional, college and amateur athletes in 40 countries, Hudl is a leading v
Leonard Green Exploring Stake in Bass Pro Shops
Leonard Green & Partners, the Los Angeles buyout firm which already owns Sports Authority Inc., is in advanced talks to acquire a minority stake in Bass Pro Shops, sources told The Wall Street Journal…
Cabela’s Discloses Plans for Store in British Columbia
Cabela’s Inc. could begin construction this year on a store in Abbotsford, British Columbia if it receives needed government approvals…
Hockey Helmets Rank Low In Reducing Concussion Risk
In its first release of a five-star ratings system for hockey helmets, Virginia Tech only found one of 32 helmets it tested to be “good” and six to be “adequate” in preventing concussions. The rest were rated poor or weren’t
VF Corp. Appoints Scott Roe as CFO
VF Corp.'s board elected Scott A. Roe to the role of vice president and chief financial officer of the company, effective April 1, according to a filing with the Securities & Exchange Commission. He replaces Robert K. Shearer, who is retiring…
Perry Ellis Posts Steep Q4 Loss
Perry Ellis International, Inc. reported a loss of $42.9 million, or $2.90 a share, in the fourth quarter, impacted by a tax valuation allowance against the company's U.S. deferred tax assets. As warned, the results were impacted by the West Coast po
Balega’s Hidden Comfort Socks Featured on Mission Makeover
Balega International, the maker of running socks, said its number one selling sock, the Hidden Comfort, will be featured in the fourth season of Mission Makeover airing on Lifetime Television…
Report: Leonard Green Exploring Stake in Bass Pro Shops
Leonard Green & Partners, which already owns Sports Authority Inc., is in advanced talks to take a minority stake in Bass Pro Shops, sources told The Wall Street Journal…
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