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…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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…
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…
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.
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.
Cole Haan Partners with BBC International on Kids Footwear
Cole Haan announced its partnership with BBC International, the children's and athletic footwear designer and worldwide marketer, on a kids footwear line…
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…
Largest Big 5 Shareholder Initiates Proxy Battle
Stadium Capital Management, LLC (SCM) said it has notified Big 5 Sporting Goods Corp. that it will nominate three “highly qualified, independent candidates” to serve on the retailer's board at Big 5's 2015 annual meeting expected to be held in J
DSW to Open 19 New Stores this Spring
DSW Inc. plans to open 19 new stores this spring. The locations include 12 new markets…
Vista Outdoor Names VP of Investor Relations
Vista Outdoor Inc., the parent of Bushnell, Federal Premium, Savage Arms, Primos, Blackhawk! and Bollé, named Michael Pici to serve as its vice president of investor relations…
Meijer Opens First Skechers Concept Shop
Meijer announced that it's continuing to up its fashion game with the spring launch of a Skechers concept shop inside the Knapp's Corner Meijer…
Newton Launches ‘Feel It, Spell It’ Challenge
Newton Running is partnering with Timex to ask runners nationwide to express how running makes them “feel” by spelling out words with their run routes, launching a first-ever initiative on this scale…
Gildan Named Title Sponsor of 2015 Life Time Esprit de She
Gildan has signed on as the title sponsor of Esprit de She – The Spirit of Her Race Series, the premiere athletic event series for women run by Life Time Fitness…
Under Armour Employee Seeks Climbing Record
An Under Armour employee will attempt to summit six of the world’s highest mountains this spring in a record-breaking task. His Summits Challenge is designed to raise awareness and funds to combat human trafficking…
Cocona Seeks Relief From Patent Infringement Claim
Cocona has asked a federal district court in Colorado to issue a declaratory judgment stating that it does not infringe a patent held by Sheex…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal