Airwalk will sponsor a beach clean-up event in conjunction with the Oahu chapter of The Surfrider Foundation, a non-profit organization dedicated to the protection and enjoyment of our world's oceans, waves and beaches…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Allen Edmonds Hires Category Manager, Golf
Allen Edmonds Shoe Corporation has hired Warren Vail as category manager, golf. Since 2007, Vail has served as the CEO of Parker McClain, Ltd. where he designed, manufactured and marketed high-end, custom golf shoes…
Lululemon’s Earnings Soar on 29% Comp Surge
Lululemon Athletica Inc. reported net revenue jumped 56% in the third quarter to $175.8 million on a 29% comp gain on a constant-dollar basis. Net earnings jumped 84.5% to $25.9 million, or 36 cents a share, from $14.1 million, or 20 cents, a year ago…
TYR Renews Sponsorship of French Team
TYR Sport, Inc. has renewed its agreement as the official sponsor of the French Swimming Federation (FFN) for swimming, diving, water polo, open water swimming, and synchronized swimming, through the year 2016. TYR has held a partnership with the FFN sinc
Lightning Bolt Opens Flagship in Venice, CA
In anticipation of its 40th anniversary, Lightning Bolt officially opened the doors to its first ever flagship store in Venice, CA…
Reebok Collaborates with MC10 on Apparel Collection
Reebok International Ltd. and Cambridge, MA-based MC10, Inc. announced an R&D collaboration to create a new class of athletic apparel and equipment, combining market leading sport design with advanced electronics…
Quiksilver’ Shares Jumps on PPR Takeover Speculation
Shares in Quiksilver Inc., which owns DC Shoes and Roxy as well as the Quiksilver brand, rose $1.05 on Thursday, or 22.7%, to $5.68 on a report that French luxury and retail group PPR could be interested in an acquisition. In October, PPR, which owns Puma
Quiksilver Jumps on PPR Takeover Speculation
Shares in Quiksilver Inc., which owns DC Shoes and Roxy as well as the Quiksilver brand, rose $1.05 on Thursday, or 22.7%, to $5.68 on a report that French luxury and retail group PPR could be interested in an acquisition. In October, PPR, which owns Puma
Argon 18 Appoints Director of International Sales
Following the departure of Marc-Andre Perron, Argon18, the Montreal cycling company, announced the hiring of Jeff Hammond as director of international sales…
Neiman Marcus Q1 Net Triples
Neiman Marcus, Inc. reported total revenues of $927.2 million compared to $868.9 million in the prior year. Comparable revenues increased 6.4%…
Former Nike Exec Pleads Guilty to Tax Evasion
A former executive at Nike plead guilty to evading currency importation reporting laws and filing a false federal income tax return, following an investigation by the U.S. Immigration and Customs Enforcement (ICE) Office of Homeland Security Investigation
McDavid Hires Marketing Product Manager
McDavid USA hired Doug Wisner as the new marketing product manager. Wisner joins the Chicago-based company with more than 10 years of product development and management experience in the sporting goods industry, most recently at Wilson…
RECALL: Redline D640 Bicycles
About 200 Redline D640 bicycles made by Seattle Bike Supply of Kent, WA have been recalled by the U.S. Consumer Product Safety Commission. The head tube can separate from the frame, causing the rider to lose control and fall…
Yue Yuen’s November Revenues Climb 27%
Yue Yuen Industrial Ltd. reported revenues in November jumped 26.7% to $553.2 million from $436.5 million a year ago. In the eleven-month period through November, sales grew 23.6% to $5.56 billion from $4.5 billion in the same period a year ago…
Aldila Signs New $3,000,000 Line of Credit
Aldila Inc. entered into a $3 million credit agreement with Wells Fargo Bank, National Association. Under the facility, the golf equipment company will be able to borrow up to $3 million from time to time through July 1, 2012 for working capital requireme
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