Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Sturm, Ruger’s Q4 Revenues Drop 33 Percent

February 25, 2015 SGB Update

Sturm, Ruger & Company, Inc. reported a steep loss in the fourth quarter due to a charge related to its previously-disclosed plan to terminate its frozen defined benefit pension plans. Revenues declined 32.6 percent…

Steve Madden’s Revenues Flat in Q4

February 24, 2015 SGB Update

Steve Madden reported sales were virtually flat in the fourth quarter. Excluding a year-ago non-recurring benefit, earnings were down slightly in the period. The company said it was hurt by a lack of fashion trends last year as well as challenges includin

HanesBrands to Acquire Knights Apparel

February 24, 2015 SGB Update

HanesBrands entered into a definitive purchase agreement to acquire Knights Apparel, a leading seller of licensed collegiate logo apparel in the mass retail channel. The all-cash transaction values Knights at approximately $200 million on an enterprise-va

Big 5’s Quarter-to-Date Same-Store Sales Up

February 24, 2015 SGB Executive SGB Update

Big 5 Sporting Goods reported same-store sales have increased in the low-mid-single-digit range since the beginning of the year as a low double-digit increase in January was offset by a low single-digit decline in February that the retailer attributed to

Adidas Football Signs Top Prospects

February 24, 2015 SGB Executive SGB Update

Adidas announced partnerships with 16 of the top NFL prospects including quarterback Brett Hundley of UCLA, wide receivers DeVante Parker of Louisville, Kevin White of West Virginia, Dorial Green-Beckham of Missouri, Phillip Dorsett of Miami (FL.), Tyler

Nautilus Turnaround Continues in Q4

February 24, 2015 SGB Update

Driven by robust growth in its Direct segment, Nautilus Inc. reported revenues in the fourth quarter climbed 23.1 percent to $94.9 million. Earnings grew 21.4 percent to $10.4 million, or 33 cents a share…

Mission Athletecare Raises $35 Million

February 23, 2015 SGB Update

Mission Athletecare raised $35 million of growth capital for organic and M&A expansion in its core cooling and heating categories. As part of the new investment, apparel industry icon, Hap Klopp, the founder and former CEO of The North Face has joined Mis

Simple Brand Relaunches for 2015

February 23, 2015 SGB Update

Simple, the iconic lifestyle sneaker brand launched in 1991, is coming back to retail. The brand, formerly owned by Deckers Brands, is being launched through a partnership with Denis Ryan, managing partner in ICB, Int’l and Harbor Footwear Group, Lt

Simpson Performance Sold to PE Firm

February 23, 2015 SGB Update

Bruckmann, Rosser, Sherrill & Co. acquired Simpson Performance Products Inc., an American motorsports parts supplier, from Carousel Capital and other stockholders. Financial terms weren’t announced…

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