Saks Loss Narrows on Higher Sales

Saks Inc. cut its second-quarter loss to $32.2 million, or 21 cents per share, in the quarter ended July 31 from a loss of $54.5 million or 39 cents per share, a year ago. The results include after-tax charges of 8 cents per share for the closing of two s

Finish Line Promotes Sato to President

The Finish Line, Inc. appointed Samuel M. Sato as president and chief merchandising officer. Sato, who has been with Finish Line since 2007, previously served as executive vice president, chief merchandising officer. Steven Schreibman, formerly at Nationw

U.K. Study: Sports Playing Bigger Role in Economy

According to a study from Sheffield Hallam University for Sport England, sport now plays a bigger part in England's economy than at any time for the last 25 years The study for Sport England claims sport now accounted for 2.3% of all consumer spendin

OBIT: W. Leonard Brooks, Brooks Sporting Goods

W. Leonard Brooks passed away August 17th in Boca Raton Florida at the age of 84. He was the founder and president of the former Brooks Sporting Goods, which operated up to 12 stores in the Philadelphia metropolitan area…

Shaka Shoes Retains IR Firm

Shaka Shoes, Inc., an eco-friendly manufacturer of branded casual footwear, retained Hampton Growth, LLC to provide it with investor relations and consulting services…

Rawlings Signs Exclusive NFL Tailgate License

Rawlings Sporting Goods has signed a multi-year agreement to become the NFL's exclusive licensee for select tailgating products, including tent canopies, grills and chairs. The new NFL tailgate product line includes Jarden's power brands Coleman

NRF: July’s Retail Sales Climb 3.1%

Retail industry sales for July (which exclude automobiles, gas stations, and restaurants) increased 3.1% unadjusted year-over-year and also declined 0.2% seasonally adjusted month-to-month, according to the National Retail Federation…