Li Ning Group Limited reported revenue grew by 11.2% in the six months ended June 30, to RMB4,504.6 million ($667 mm) with most the sales coming from its eponymous brand. The Chinese company said it will continue to up its sponsorship spending on elite at
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
The Athlete’s Foot Sees Growth in Australia
RCG Corporation, parent company of The Athlete's Foot in Australia and New Zealand, saw its profits grow 30.6% in the year ending June 27, 2010, to Australian $6.9 million (U.S. $6.1 million). The Athlete's Foot chain recorded total sales growth
Shock Doctor Names CFO
Shock Doctor named Dennis Goetz its new CFO. Prior to joining Shock Doctor's management team, Goetz was a financial officer at the Italian restaurant chain, Buca di Beppo…
Puma Renews Sponsorship with Usain Bolt
Puma said it renewed its sponsorship arrangement with Jamaican sprinter and Olympic gold medalist Usain Bolt until the end of 2013. While the specific terms of the contract are undisclosed, the figure is by far the largest ever given to a Track & Field at
Performance Bicycle Names VP, Visual Merchandising
Performance Bicycle appointed James Hilyard as vice president of visual merchandising…
Golf Datatech Releases June Golf Apparel Market Report
According to Golf Datatech's June 2010 On-Off Course Market Report, the average retail price shirt sold for men's shirts, including short and long sleeve, was $48.65 in June…
Health+Fitness Business Expo 2010 Expanded
In order to accommodate all the fitness product manufacturers wanting to exhibit at the Health+Fitness Business Expo 2010 (HFB), show organizer Nielsen Expositions has expanded its sold-out show hall adjacent to the Sands Expo Convention Center for the 20
Kokatat Appoints Sales and Marketing Manager
Kokatat, the watersports apparel and accessories company, appointed Jeff Turner as its sales and marketing manager…
New Balance Launches Headphones Collection
New Balance has teamed with iHome to launch a collection of sport/fitness headphones. The collection is designed and engineered for runners and endurance athletes…
West 49 Shareholders Approve Billabong Merger
West 49 shareholders voted almost unanimously in favor of Billabong's $99-million takeover bid for the Canadian clothing retailer. West 49 said 99.9% of its shareholders were in favor of the sale to Australia's Billabong International…
DSW Becomes Lead Sponsor for Miss America Pageant
DSW Designer Shoe Warehouse entered a long-term partnership to be the lead sponsor for the broadcast of the 2011 Miss America Pageant on ABC in January…
PacSun Acquires License the Modern Amusement Brand
Pacific Sunwear of California, Inc. entered into an exclusive agreement to license the MODERN AMUSEMENT brand. The brand was acquired in 2004 by Mossimo Giannulli, the founder of the Mossimo label. The license covers apparel, footwear and accessories…
Foot Locker Opens Second Run by FL Store
Foot Locker Inc. has opened its second RUN by Foot Locker store in Menlo Park Mall in Edison, NJ. The first RUN by Foot Locker opened in February on 14th Street in New York City…
UW Approves Adidas Sponsorship Agreement
Adidas and the University of Wisconsin athletic department received approval from the UW System Board of Regents to sign a new five-year sponsorship agreement that will outfit the school's 23 athletic teams…
Canadian Tire to Sponsor NHL
Canadian Tire has signed a five-year deal making it the official sporting goods retailer of the NHL in Canada…