Providing an update on its World Cup progress, Adidas said it expects revenues to rise 7 to 8 percent this year. Previously, Adidas had guided for a “high single-digit” increase in currency-neutral sales in 2014…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Ridgemont Outfitters Assembles Footwear Rep Force
Ridgemont Outfitters, a new footwear line that describes itself as “new school outdoor footwear,” announced its first team of reps…
Cardio Tennis Continues to Expand
Developed just nine years ago, Cardio Tennis already has more than 1.54 million participants, and it continues to grow, according to an update from the Tennis Industry Association…
Shoe Carnival’s Q1 Waylaid by Winter Storms
Shoe Carnival’s first-quarter fell short of expectations due to chilly weather and the family shoe chain also issued a poor outlook for the second quarter. Earnings in the quarter slid 3.2 percent to $9.2 million, or 45 cents a share, on the low end
Everlast Opens First Training Gym
Everlast Worldwide has opened The Everlast Lab, a fitness training facility located in Hoboken, NJ that offers a variety of cross-functional fitness programs designed to evolve the way people train. The Lab is the first of several highly anticipated Everl
Asics Opens First Store in Chicago
Chicago’s Bucktown neighborhood is now home to Asics America’s latest retail store. The more than 3,200-square-foott location includes Asics latest collections including running, training, volleyball and tennis…
Skechers Signs Pete Rose as Endorser
Skechers USA, Inc. has signed baseball great Pete Rose to join the team representing the successful men’s Relaxed Fit from Skechers footwear line. A new advertising campaign featuring Rose will begin in Fall 2014…
Soleus Announces Elite Running Team Trio
Soleus, a premier sports watch, GPS and Heart Rate Monitor company, announced Team Soleus Elite headlining with Kara Goucher, Alysia Montaño and Nick Symmonds…
Asics Runners Seek to Circumnavigate Mont Blanc
On June 21, the 2014 Summer Solstice and longest day of the year, two relay teams of the world’s best trail runners sponsored by Asics will attempt to circumnavigate Europe’s highest peak. The athletes will start at sunrise and have exactly 15
Stage Stores See Q1 Loss
Stage Stores, Inc. reported total sales from continuing operations for the first quarter were $372 million. Comparable store sales for the quarter decreased 0.2 percent…
Nike Opens San Francisco Location
Nike opened a new retail store in the heart of San Francisco at 2071 Union Street to serve athletes throughout the community. At the 2,000-square-foot boutique…
Nike to Offer Free Basketball Skills Clinics in Chicago
Mayor Rahm Emanuel, Scottie Pippen and Chicago Park District General Superintendent and CEO Michael Kelly announced that Nike and the Jordan brand will continue to offer free basketball skills clinics in neighborhood parks across the city through the end
We Are Golf Visits Capitol Hill for National Golf Day
We Are Golf – a coalition of the game’s leading associations and industry partners – visited Capitol Hill for the seventh annual National Golf Day to showcase golf’s nearly $70 billion economy, $4 billion annual charitable impact, environment
Champs Sports Introduces Eastbay Performance Zone
Foot Locker Inc. introduced its latest innovative retail collaboration: Eastbay Performance Zone at Champs Sports. Champs Sports is evolving and elevating the store experience by dedicating approximately 150 square feet in select stores…
Yue Yuen Estimates $37M Worker Provision over China Strike
Yue Yuen Industrial Holdings Ltd said it would make a preliminary provision of some $37 million to an employee benefit program at its Gaobu factory in southern China as part of an agreement that resolved a major strike…
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