Moody's, the credit rating agency, has cut its rating on Sports Authority's debt deeper into junk bond status and warned the chain could be less than a year away from defaulting on a $300 million loan…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
The Game to be Sold to David Peyser
Delta Apparel, Inc. entered into an agreement to sell its The Game branded collegiate headwear and apparel business to David Peyser Sportswear, Inc., the owner of MV Sport, Inc…
Bauer Hockey Expands First Shift Program
Bauer Hockey and Hockey Canada announced the continued national expansion of The First Shift, the new learn-to-play program…
Oboz Announces Trail Team Ambassadors
Oboz Footwear has selected sixteen hikers and dedicated outdoor adventurers to make up its inaugural Trail Team of ambassadors…
Moody’s Cuts Sports Authority Debt Rating Due to Risk of Default
Moody's, the credit rating agency, lowered its rating on The Sports Authority's debt deeper into junk bond status and warned the chain could be less than a year away from defaulting on a $300 million loan…
Adidas Initiates Search for New CEO
Adidas confirmed that it has begun a formal search to replace its long-time and embattled CEO Herbert Hainer…
Sports Direct Sees Modest Sales Growth in Q3
Sports Direct International, the UK's leading sports retailer, reported sales for its quarter ended Jan. 25 grew 2.6 percent to £771.0 million ($1.19 bn). Gross margins improved to 45.0 percent from 42.9 percent…
Americas’ Momentum Boosts Puma’s Turnaround Efforts
Led by a healthy double-digit gain in the Americas region, a considerable upwards trend in accessories, and further recovery in footwear sales, Puma SE reported sharp improvement in fourth-quarter profits excluding year-ago restructuring charges…
Sports Direct Sees Modest Sales Growth in Fiscal Third Quarter
Sports Direct International, the UK's leading sports retailer, reported sales for its quarter ended Jan. 25 grew 2.6 percent…
Asics Launches Global Advertising Campaign
Asics launched its 2015 global advertising campaign, 'It's a big world. Go run it.' The creative is designed to inspire sportspeople and fitness enthusiasts around the world to explore new territories and discover the huge variety of ways a
ShoeBuy Redesigns Website
Marking its 15th anniversary, ShoeBuy debuted a new look and feel to deliver a more intuitive website as well as a refreshed rewards program…
Kenneth Cole Appoints CEO
Kenneth Cole Productions, Inc. appointed Marc Schneider to the position of chief executive officer. She formerly worked for PVH Corp and Timberland…
Under Armour Partners with Muhammad Ali
Under Armour and Authentic Brands Group, LLC (ABG) announced a multi-year Muhammad Ali brand partnership. Under Armour will utilize the iconic imagery, video, and quotes from the Muhammad Ali archive to form the basis of a comprehensive, global brand inte
Jabra Hires Director Of Marketing For North America
Jabra, the maker of sports audio products for sports enthusiasts, hired Karin Piscitelli as director of marketing to oversee all marketing activities in North America. Piscitelli comes to Jabra from City Sports…
Skechers Honored at The Footwear Industry Awards
Skechers USA, Inc. was named Footwear Brand of the Year and Fashion Footwear Brand of the Year at The Footwear Industry Awards. Skechers was also highly commended in the Sports Brand of the Year category…
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