Stadium Capital Management, LLC (SCM), which owns over 11 percent of Big 5 Sporting Goods Corp, plans to nominate three independent candidates to the sporting good chain’s board at its upcoming annual meeting…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Shoe Carnival’s Q4 Profits Soar
Boosted by favorable weather and strength in boots, Shoe Carnival Inc. reported earnings rebounded in the fourth quarter to $2.97 million, or 15 cents a share, up from $598,000, or 3 cents a share, a year ago. Results easily topped the off-price shoe chai
Deckers Brands Promotes Dave Powers to President
Deckers Brands promoted Dave Powers to the role of president where he will lead the company's omnichannel organization, as well as its Ugg, Teva, Sanuk, Ahnu and Hoka One One brand teams…
DSW’s Q4 Profits Rise 13 Percent
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent…
The North Face Solicits Grant Applications
The North Face began accepting applications for $500,000 in grant money that will be awarded through its 2015 Explore Fund grant program. Applications are due April 17…
Saucony Athletes Big Weekend Winners
Within a 48 hour period, Saucony athletes dominated road racing podiums from New York to Los Angeles to China.
Ben True won his third straight USA 15K title; Jared Ward was crowned USA Marathon Champion; Molly Huddle became the first American winner of NY
Li Ning Partners with Xiaomi on Smart Running Shoes
Li Ning Co Ltd is partnering with Chinese smartphone maker Xiaomi to produce a new generation of “smart” running shoes this year…
Under Armour Partners with Sao Paulo
Under Armour announced a multi-year technical sponsorship of Sao Paulo, the most successful club in Brazilian Football. Beginning this May, the club's First team and Academy teams will be outfitted in Under Armour designed…
Quiksilver’s Q1 Sales Fell 14 Percent
Quiksilver Inc., the parent of Quiksilver, Roxy, and DC, reported sales slid 13.7 percent in the first quarter ended Jan. 31 and were down 4 percent on a currency-neutral (c-n) basis. The net loss on a pro-forma basis were reduced slightly to $18 million,
Balega International Hires Brand Manager
Balega International, the performance sock brand, hired Tyler Matthews as brand manager…
Modell’s Opens Location in North Bergen, NJ
Modell’s Sporting Goods plans to open a store in North Bergen, NJ…
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
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
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…
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