Li Ning Co Ltd is partnering with Chinese smartphone maker Xiaomi to produce a new generation of “smart” running shoes this year…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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DSW’s Q4 Boosted by Athletics
Led by athletics but carried by a recovery in its women’s offerings, DSW Inc. reported comparable sales increased 7.6 percent in the fourth quarter. Comps were flat in the year-ago quarter…
Foot Locker Sets $10 Billion Goal for 2020
Coming off four consecutive years of record-breaking financial results, Foot Locker Inc. again hiked its bar with the release of goals for the five-year (2016 to 2020) period. Foot Locker President and CEO Richard Johnson said Foot Locker initially set i
Craft Hires Northeast Agency
Craft North America has hired DS Specialty Sports to represent New York, New Jersey, Delaware and Eastern Pennsylvania…
Sports Authority Launches Plus-Size Active Apparel for Women
Sports Authority launched new plus-size apparel in its exclusive Aspire and Alpine Design lines…
HanesBrands Honored for Central American Work Standards
HanesBrands, the parent of Hanes, Champion and Gear for Sports, has been honored by the Great Place to Work Institute for its workplace practices in its El Salvador, Honduras, and the Dominican Republic manufacturing plants…
Versa Capital Acquires Wet Seal’s Business
Versa Capital Management, LLC, the parent of Bob’s Stores, Eastern Mountain Sports and Sport Chalet, became the winning bidder in the auction for the business of The Wet Seal, Inc., a teen specialty retailer in reorganization proceedings…
Dick’s SG Sets Grand Openings for New Stores
Dick's Sporting Goods set grand opening celebration weekends for stores in Washington, MO and Twin Falls, ID…
Feetures! Expands Support For Charlotte Running Community
Feetures!, the performance running sock maker, continued to broaden their support of the Charlotte-area running market with the announcement of two new local partnerships…
Oofos Doubles International Growth
Oofos, the maker of recovery footwear, more than doubled its international business over the past year…
Running Specialty Group Opens Up Shop in Providence, RI
The Running Specialty Group (RSG) has opened Providence Running Company shop, expanding the company’s footprint to include Rhode Island…
Bob’s Stores Opens First Store in Maine
Bob’s Stores announced the grand opening of its first location in the state of Maine in South Portland, at 301 Maine Mall Road. With more than 30 locations in the Northeast…
Adidas Won’t Renew NBA Sponsorship
Adidas said it will not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season. Adidas said in a statement, “While we have enjoyed a successful long-term relationship with the league, we continually review our partner agreemen
Lids Expands Inventory Reach
Lids Sports Group's upgraded inventory management system now provides consumers access to companywide inventory in retail stores as well as its centrally located distribution centers. In conjunction with this system upgrade, Lids launched an “Any Tea
Iconix Acquires Full Ownership of Iconix China
Iconix Brand Group, Inc. has acquired the remaining 50 percent of Iconix China from its joint venture partner Novel Fashion Brands Limited, owned by the Chou family, for $56.4 million…