Author: Thomas J. Ryan

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

Nordstrom’s Q3 Profits Dip

November 14, 2013 SGB Update

Nordstrom, Inc. reported earnings in the third quarter declined 6.2 percent to $137 million, or 69 cents a share, from $146 million, or 71 cents, a year ago. The decline partly reflects a shift of its annual Anniversary Sale although it also slightly lowe

Escalade Acquires DMI Sports

November 14, 2013 SGB Update

Escalade, Inc. announced the acquisition of the indoor games business of DMI Sports, marketers of Arachnid, Nodor and Winmau darting, Prince and Head table tennis, and Minnesota Fats billiards. The DMI Sports indoor games business will become part of Esc

Under Armour Acquires MapMyFitness

November 14, 2013 SGB Update

Under Armour announced the acquisition of MapMyFitness, which operates MapMyRun and MapMyRide. With this acquisition, Under Armour said it will be uniquely positioned at the forefront of sports and technology and will continue to deliver game-changing sol

Sports Authority to Bring Back National Holiday Campaign

November 14, 2013 SGB Update

In its first national TV campaign in several years, The Sports Authority is rolling out “The Gift of Sport,” a 30-second spot featuring imagery of real amateur athletes. The retailer also said most locations will open on Thanksgiving Day, Thursday, Nov. 2

Report: Pop Warner Participation Falling Sharply

November 14, 2013 SGB Update

Pop Warner, the nation's largest youth football program, saw participation drop 9.5 percent between 2010 and 2012, according to data provided to ESPN's 'Outside the Lines.' Many are citing concussion concerns as the primary reason for

NRF: Holiday Shopping Starting Early

November 13, 2013 SGB Update

Early October holiday promotions struck a chord with millions of Americans as 53.8 percent of shoppers say they have already started holiday shopping, according to the National Retail Federation holiday consumer spending survey conducted by Prosper Insigh

Perry Ellis Lowers Q3 Guidance

November 13, 2013 SGB Update

Perry Ellis International said it now expects revenue to be approximately $222 million in its third quarter ended Nov. 2, compared to $236.2 million for the third quarter of fiscal 2013. The company had previously anticipated revenue growth to be in a ran

Macy’s Q3 Earnings Climb 31 Percent

November 13, 2013 SGB Executive SGB Update

Macy’s, Inc. reported that its third quarter earnings per share rose by 31 percent to 47 cents in the third quarter of 2013, ended Nov. 2, 2013. This compares with 36 cents per share in last year’s third quarter…

Mizuno Lowers FY Guidance on Weak Q3

November 13, 2013 SGB Executive SGB Update

Mizuno reported revenues totaled ¥88.3 billion ($889.3 mm) in the six months ended Sept. 30, up 8.5 percent compared with the same period in the previous fiscal year. Operating profit stood at ¥2.6 billion ($26.2 mm), down 13.8 percent. The Japanese-based

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