Last week was the last chance for procrastinators to finish last-minute holiday shopping, but the weather prevented many from getting to the stores, according to ShopperTrak. The company estimated shopper traffic at bricks-and-mortar stores decreased by 2
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Under Armour Partnering with Lockheed Martin on Speedskating Suit
Under Armour is partnering with Lockheed Martin, the defense and aerospace giant, to come up with the fastest speedskating suit. The suit will be unveiled at the Winter Olympics in February…
Burton Opens Two Stores in Bay Area
Burton Snowboards announced that both of its new flagship stores in the Bay Area are now officially open…
Final Week Comps Growth Exceeded 2012 Levels at Major Retail Chains
Weekly sales a major U.S. retail chains rose by 2.7 percent in the week ending Dec. 21 compared with 2.0 percent in the comparable period of 2012, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales
Surfer Malia Manuel Joins Sanuk
Sanuk, a division of Deckers Outdoor Corporation, welcomed professional surfer Malia Manuel to its star-studded squad of brand ambassadors and athletes…
Jones Group to be Acquired By Sycamore Partners
The Jones Group Inc. and Sycamore Partners have entered into a definitive agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash, or a total of approximately $1.2 billion. The transaction is v
Balega Presents Annual Ubuntu Award to Marathon Sports of Boston
Balega International, the performance sock brand in the run and outdoor specialty markets, presented its annual Ubuntu Award to Colin Peddy and the team at Marathon Sports of Boston…
Neil Pryde to Retire
Neil Pryde will retire as Managing Director of Pryde Group, effective Dec. 31…
Puma Signs Mario Balotelli
Puma announced a new long-term partnership with the Mario Balotelli. The Italy Striker becomes the latest sporting sensation to join Puma’s family of star players and athletes that includes Usain Bolt, Sergio Agüero, Cesc Fàbregas, Marco Reus, Radam
2013 Outdoor Industry Awards Nominees Selected
The 2013 Outdoor Industry Awards finalists for this year's best marketing and communications programs have been selected. An assembly of outdoor specialty retailers is now voting to determine the official winners in each category. The awards will be
G-III Apparel Group Set to Join the SandP SmallCap 600
G-III Apparel Group Ltd. will replace Santarus Inc. (SNTS) in the S&P SmallCap 600 after the close of trading on Tuesday, December 31. S&P MidCap 400 constituent Salix Pharmaceuticals Ltd. (SLXP) is acquiring Santarus in a deal expected to be completed so
Lids Assumes Retail Concessions for NHL’s Edmonton Oilers
GCO Canada, Inc., a subsidiary of The Lids Sports Group, announced it has been awarded the rights to operate retail concessions inside Rexall Place, the home arena of the NHL’s Edmonton Oilers and its junior team, the Western Hockey League’s E
Finish Line Raises FY Guidance on Q3 Rebound
The Finish Line Inc. earned $2.3 million, or 5 cents a share, in its third quarter ended Nov. 30, rebounding from a loss of $103,000, or less than one cent a share, a year ago. Results were 5 cents ahead of Wall Street's consensus estimate. Comps inc
Vans Triple Crown of Surfing Sets Webcasting Audience Record
With an epic final day of the Billabong Pipe Masters webcast globally this past Saturday from Oahu's Banzai Pipeline, the Vans Triple Crown of Surfing (VTCS) set a record for the largest audience to ever witness an action sports event as more than 3.
Nike’s Q2 Revenues Climb 8 Percent
Nike Inc. reported earnings from continuing operations improved 3.1 percent in its second quarter ended Nov. 30, to $537 million, or 59 cents a share, besting Wall Street's consensus estimate by a penny. Revenues grew 8.0 percent to $6.43 billion, an