Adidas said it will not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Three Industry Veterans Join Two Ten Footwear Board
Two Ten Footwear Foundation announced that its board of directors elected three new members: Kevin Bailey, president of VF Action Sports and Vans; Joel Oblonsky, president, Lauren & Polo Footwear & Accessories; and Rob DeMartini, president and CEO of New
Hibbett Sports Q4 Comps Climb 5.4 Percent
Hibbett Sports Inc. reported earnings increased 18.1 percent in the fourth quarter to $19.9 million, or 79 cents a share, handily exceeding Wall Street's consensus estimate of 68 cents a share. Sales increased 9.9 percent, to $239.3 million. Comparab
The Buckle’s Q4 Comps Rise 1.1 Percent
The Buckle Inc. reported net income grew slightly in the fourth quarter, to $60.1 million, or $1.25 per share, from $59.3 million, or $1.24, a year ago. Sales for the fourth quarter increased 4.3 percent…
Hibbett’s Q4 Boosted by Better Weather, Tax Refunds
Hibbett Sports Inc. reported fourth-quarter earnings increased 18.1 percent to $19.9 million, or 79 cents a share, handily exceeding Wall Street's consensus estimate of 68 cents a share…
Asics Finds a New Foundation to Grow
On Thursday evening, Asics America hosted a party to celebrate the grand opening of its splashy new headquarters in Irvine, CA. Kevin Wulff, Asics America’s president and CEO, said in an interview at the event that the new campus “means that we are
Vans Names Lance Eddy as Director of Sales
Vans promoted Lance Eddy to director of sales, overseeing the core footwear channel. Eddy began his career with Vans in 1997 as a sales rep for specialty accounts…
Under Armour Extends Boston College Partnership
Boston College and Under Armour, Inc. announced a 10-year partnership extension that designates Under Armour as the official outfitter of its varsity intercollegiate athletic programs…
Oboz Co-Founder and Designer Chuck Roth Becomes Oboz Employee
Chuck Roth, the designer of Oboz Footwear since the company's inception, has joined Oboz as an employee for the first time. Roth, who is a co-founder and co-owner of Oboz, has…
Zumiez’s Q4 Earnings Slide
Zumiez Inc. reported net income in the fourth quarter of fiscal 2014 decreased 34.8 percent to $17.5 million, or 60 cents a share. Results were impacted by a charge related to its Blue Tomato acquisition in the latest period and also skewed by non-recurri
Retail Sales Decreased 0.2 percent in February
Excluding automobiles, gasoline stations and restaurants, retail sales declined 0.2 percent seasonally-adjusted month-to-month yet were up 3 percent on an unadjusted year-over-year basis…
Clif Bar Opens Sustainable Bakery in Twin Falls
Clif Bar & Company, the parent of Clif Bar and Luna Bar, celebrated the groundbreaking of its first owned and operated bakery, the Clif Bar Baking Company, in Twin Falls, iD. With a focus on people and sustainability, the new 275,000-square-foot bakery…
Pelican International Named one of Canada’s Best Managed Companies
Pelican International, the manufacturer of kayaks, stand-up paddleboards (SUPs), canoes, pedal boats and fishing boats, was named one of Canada's Best Managed Companies in 2014 for excellence in business performance…
Genesco Q4 Stung by Lids Shortfall
Genesco Inc. reported fourth-quarter revenues slightly exceeded guidance with a healthy 10 percent companywide comp gain. But earnings came in well below expectations, largely due to a disappointing performance by Lids…
Snoop Dogg Leads Campaign Against Gun Violence
In a partnership between Unload Your 401k and anti-gun violence campaign, No Guns Allowed, entertainment icon Snoop Dogg and tech leader Ron Conway joined forces to call for divestment from the gun industry. Through the union, the two are using #ImUnloadi
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