Author: Thomas J. Ryan

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

NFL, Players Amend Concussion Settlement

June 26, 2014 SGB Update

The National Football League and counsel for the retired player plaintiffs announced a revised settlement agreement in the NFL concussion litigation pending in the U.S. District Court for the Eastern District of Pennsylvania. In the revised agreement the

GoPro Shares Up 30 Percent in First Day of Trading

June 26, 2014 SGB Executive

GoPro Inc. shares closed at $31.34 on their first day of trading on the NASDAQ Thursday, marking one of the more successful initial public offerings of the year. The company had priced its IPO shares at $24, which valued the company at about $2.96 billion

Nike Inc. Fiscal Q4 Revenues Up More than 10 Percent

June 26, 2014 SGB Update

Nike Inc. reported a modest gain in earnings in the fourth quarter ended May 31, but results topped Wall Street's estimates by 3 cents a share. More impressively, revenues grew 10.9 percent to $7.43 billion, thanks to strong sales in North America an

Foot Locker to Shutter CCS

June 26, 2014 SGB Update

Foot Locker, Inc. announced the strategic transition of its skate business from its CCS banner to Eastbay. Over the next several months, the CCS digital sites will continue to service the skate customer who recognizes the exceptional range of skate-inspir

Brooks Announces Finalists for Inspiring Coach Awards

June 25, 2014 SGB Update

Brooks Running Co. announced the 25 high school coaches who will be considered for the 2014 Inspiring Coach of the Year Award. The award goes to a high school coach who goes above and beyond for their team and community, inspiring them to run and grow in

HanesBrands to Acquire DBApparel

June 25, 2014 SGB Update

HanesBrands intends to acquire DBApparel of France from Sun Capital Partners, Inc., provided consultation with European and French works councils representing DBA employees is completed and customary closing conditions are met. DBA is a leading marketer o

Adidas Outdoor to Sponsor Libby Sauter

June 25, 2014

Adidas Outdoor said rock climber and slackliner Libby Sauter, 29, has joined its roster of athletes. In the fall of 2013, Sauter, along with climber Mayan Smith-Gobat, set the female speed record for climbing The Nose of El Capitan…

SFIA Opposes D.C. Gym Tax

June 25, 2014 SGB Update

Washington D.C. City Council members approved a city sales tax on gym memberships and yoga classes for the first time earlier this week in a 9-4 vote among the council’s 13 members. D.C.-area based Sports & Fitness Industry Association (SFIA), has s

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