Performance Sports Group Ltd. appointed Todd Harman to executive vice president, baseball/softball. Harman was most recently president of Cleveland Golf…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Asics Launches “Beat the Sun” Campaign
Asics launched a global search for amateur runners to take part in the annual “Asics Beat the Sun” challenge, which returns to Chamonix on Jun. 21, the longest day of the year…

Keds Partners with Skincare Brand on Collection
Keds has formed a partnership with Eos on a collection of three sneakers inspired by the flavors and colors of Eos Smooth Sphere Lip Balms…
Vibram Hires CMO and NA Sales Manager, Finished Goods
Vibram hired Allon Cohne as its chief marketing officer and Chris Melton as its North American sales manager, Vibram Finished Goods.
Adidas to Take Over Reebok’s Distribution in Brazil and Argentina
The Adidas Group will take control of the distribution and license rights for the Reebok brand in Brazil and Argentina when its joint venture with Vulcabrás S.A. expires at the end of 2015…

Nike’s Strong Q3 Clouded by FX Challenges
Nike Inc. reported earnings in its third quarter ended Feb. 28 easily topped Wall Street expectations, boosted by healthy revenues on strong global demand for Nike and Converse as well as gross margin expansion.

Majestic Athletic Extends MLB Sponsorship Deal
Majestic Athletic and Major League Baseball Properties have reached an extension of their contract that makes Majestic the official on-field uniform of MLB through 2019…
STX Named Official Puck Supplier for NCAA Ice Hockey Championships
STX LLC has been named the official puck supplier of the National Collegiate Athletic Association (NCAA) Ice Hockey Championships…
Ecco’s 2014 Revenues Climb 9 Percent
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The record performance came despite challenging conditions in some markets, most notably in Russia and the Ukraine…
Yue Yuen Faces Factory Strike
Yue Yuen Industrial Holdings Ltd said on Wednesday thousands of workers at a factory in South China have gone on strike following changes to production processes…

Feetz Raises $1.25M in Funding
Feetz, which specializes in customizable footwear using 3D printing, closed on a $1.25 million seed round. Investors included Khosla Ventures, the JumpFund, and ex-Reebok CEO Uli Becker. Becker joined Feetz's board of directors…

Li Ning Widens Annual Loss
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent…
Nike’s Q3 Earnings Climb 16 Percent
Nike Inc. reported earnings rose 16 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share. Sales rose 7 percent to $7.46 billion. Sales on a currency-neutral basis grew 11 percent for the Nike brand and 33 percent for Converse.

Skechers Friendship Walk Raises $1.1 Million
Skechers President Michael Greenberg was recently joined by a number of celebrities at the 6th annual Skechers Friendship Walk check presentation in Manhattan Beach to celebrate the raising of $1.1 million in its annual charity event.

L.L.Bean to Open its First Ohio Store
L.L.Bean expects to open its first Ohio store in November. The store will be located at Legacy Village, a popular lifestyle center in Lyndhurst, OH , just outside of Cleveland. The 16,000 square-foot store…