Barneys New York named Mark Lee, the former head of Gucci, as its new CEO. The appointment of the 47-year-old takes effect Sept. 1. Former CEO Howard Socol retired in 2008, and since then a committee of seven executives has run the company…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Under Armour Reveals Power in Pink Faces
Under Armour, Inc. announced Joleen Ruffin, Ashley Roback and Lisa Messer as the winners of its fourth annual 'Power in Pink' She's A Fighter Survivor Search, a yearly online campaign that encourages survivors and women living with breast c
Li-Ning Signs Evan Turner to Endorsement Deal
Li-Ning signed Evan Turner, the No. 2 pick in this year's NBA Draft, to a multi-year endorsement deal. Turner will be showcasing his own Li-Ning Sports signature footwear and apparel product line, available globally, beginning in the second year of t
Billabong Sees Growth Resume in Americas
Billabong International said sales in the Americas increased 3.2% in constant currency terms in the second half of its fiscal year ended June 30, 2010. For the full year, sales were down 1.2% in constant currency terms to Australian $712.6 million (U.S.
Yamaha Continues Sponsorship of National Hunting and Fishing Day
Yamaha Motor Corp., U.S.A., the maker of ATV and Side-by-Side (SxS) vehicles for outdoorsmen and women, renewed its sponsorship of the 2010 National Hunting and Fishing (NHF) Day…
Smith and Wesson to Make Earnout Payment
Smith & Wesson Holding Corp. (S&W) said that former shareholders of Universal Safety Response, Inc., (USR) acquired in June 2009, will receive an additional 4.1 million shares of Smith & Wesson stock as part of the earn-out payment incentive in the merger
New Wave Sports Appoints New CEO
Swedish company New Wave Group announced the recruitment of Magnus Mansson as new CEO for its New Wave Sports section. Managing six brands including Craft, Cutter & Buck and Seger, 42-year old Mansson will start on August 11th. He will replace Hans Larsso
Delta Apparel Sees 21% Q4 Revenue Hike
Delta Apparel, Inc., the parent of M.J. Soffe, reported sales grew 20.5% in the fourth quarter ended July 3, to $126.2 million from $104.7 in the year ago period. Net income jumped 40.8% to $5.7 million, or 64 cents a share, versus $4.0 million, or 47 cen
RECALL: Powertec Leverage Gyms
About 1,000 Powertec Leverage Gyms from Powertec are being recalled. The detachment of the exercise workbench from the gym system causes instability, posing a risk of injury to consumers. No injuries have been reported…
Dick’s SG’s Q2 Profit Jumps 32%, Raises Guidance
Dick's Sporting Goods, Inc. reported second-quarter earnings jumped 32.3%, exceeding guidance provided on May 18. The 5.7% consolidated same store sales increase consisted of a 5.6% increase in Dick's Sporting Goods stores, a 2.9% increase in Go
PGA Fall Expo Sees 16% Attendance Increase
Changes in dates, venue and even exhibitor set-up delivered a 16% increase in attendance for the 2010 PGA Fall Expo, August 17-18, in Las Vegas, NV…
Levelwear to Launch Minor League Baseball Line
Levelwear, a brand division of The Accolade Group, recently signed a multi-year license agreement with Minor League Baseball (MiLBTM), to create a line of apparel that will showcase its patent-pending technologies – High Definition Lithography(HDL) and Le
Nordstrom Initiates Stock Buyback Program
Nordstrom, Inc.'s board authorized a repurchase program of up to $500 million of the company's outstanding common stock, through January 28, 2012…
Foot Locker Q2 Profitability Improves on 2.3% Comp Gain
Foot Locker, Inc. earned $6 million, or 4 cents per share, in the second-quarter ended July 31, compared with break-even performance last year. Second quarter sales decreased 0.3%, to $1.1 billion. Second quarter comparable-store sales increased 2.5%. Exc
Antigua to Sponsor Golf Channel Am Tour
Golf Channel announced a new, multi-year partnership with The Antigua Group, makers of Antigua and Slazenger apparel, making Antigua the official apparel of the Golf Channel Am Tour…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal