According to a recent study by BDO USA, LLP, 82% of chief financial officers at leading U.S. retailers anticipate a continuation of stagnant economic conditions as opposed to a double dip (9%) or an ongoing turnaround (9%)…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Hi-Tec Sports and Magnum Form Separate Management Teams
Hi-Tec Sports and its sister brand, Magnum USA, announced the official transition into two separate companies. Co-Chief Executive Officers Bill Berta and Bob Kaiser will now assume individualized roles as the sole CEO for each brand – with Berta leading H
GSI Commerce Names Global Marketing Services Sales Chief
GSI Commerce Inc. announced Deann Harvey has joined the company as chief sales officer for its Global Marketing Services division. In this newly developed role, Harvey will be responsible for leading the division's global sales strategy to expand its
River’s End Trading Partners with PING Apparel
River's End Trading announced the addition of Custom Branded Sportswear, dba as PING Apparel, to its lineup of brands for distribution to the promotional products marketplace…
Fleet Feet’s Comps Climb 11% in First Half
Fleet Feet, Inc. experienced double-digit comparative store growth during the first half of the year. Sales rose 12.5% in the first half to $52.6 million, up from $47.3 million in the same period a year earlier. Comparative store sales were up 11%…
Skechers Secures 70th Patent on Shape-ups Footwear
Skechers USA, Inc. has secured its 70th patent worldwide for its Shape-ups footwear line…
K-Swiss Enters Accessory Licensing Deal
Active Energy, a division of Accessory Exchange, has inked a deal with K-Swiss to become its exclusive accessory licensee. Active Energy will produce and distribute accessories to include socks, sport bags, and headwear…
Vans Names Director Of Environmental Design
Vans named Michael Hurst to the newly created position of director of environmental design…
Russell Athletic Returns to Sponsor NAIA Football Championship
Russell Athletic and the Host Committee for the National Association of Intercollegiate Athletics (NAIA) football national championship announced the extension of an agreement that grants Russell Athletic “title sponsorship” rights for the 2010 NAIA Footb
Yue Yuen August Revenue Up 37% in August
Yue Yuen Industrial Ltd. reported revenue in August rose 37% from a year earlier to U.S. $528.18 million…
Former REI CEO Joins West Marine’s Board
West Marine Inc. appointed a new director, Dennis Madsen. Madsen spent 39 years with Recreational Equipment Inc., retiring in 2005 as president and CEO…
Interbike to Move to Anaheim
The Interbike trade show will leave Las Vegas for Anaheim, CA, in 2011, according to numerous published reports. The reason cited was a date change from the show's usual late September date to August…
SBK (Sherbrook Hockey Co.) Closes Private Placement
SBK (Sherbrook Hockey Co.), the hockey equipment maker based in Quebec, has closed a non-brokered private placement of 750,000 common shares and 750,000 common share purchase warrants…
Sports Supply’s Terry Babilla Joins Duckwall-ALCO Board
Duckwall-ALCO Stores announced that Terrence Babilla, president, COO and general counsel of Sport Supply Group, has joined the discounter's board of directors…
VF Licensed Sports Group Realigns Sales Organization
VF Licensed Sports Group said it will align the division's sales organization along key strategic channels. The changes are designed to enable LSG to provide a focused approach to assortment planning, inventory management, replenishment and marketing
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