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
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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
Groupe Royer to Distribute New Balance in France, Germany and Benelux
New Balance announced that Groupe Royer, a multi-brand distributor headquartered in France, will assume distribution rights for the brand's footwear and apparel in France, Germany and Benelux…
Former Surfing Champion Sued Over Billabong Shares
Former surfing champion Mark Occhilupo is being sued by his former accountant over Billabong shares he acquired as part of an endorsement deal…
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…
Old Dominion Footwear to Make Realtree Footwear
Old Dominion Footwear has secured exclusive licensing rights from Jordan Outdoor Enterprises, LTD to develop a Realtree Girl and Realtree Outfitters footwear line…
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…
Saucony to Sponsor Seattle Marathon
Saucony, Inc. announced its four-year exclusive footwear and apparel sponsorship of the Seattle Marathon…
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
Xenith Partners with Snoop Youth Football League
Xenith announced its partnership with the Snoop Youth Football League (SYFL). The partnership will provide the SYFL, in its entirety, access to Xenith Academy, a comprehensive risk reduction curriculum designed to deliver both innovation and education to
David Beckham Named Spokesman for EA SPORTS Active 2
EA SPORTS signed David Beckham as brand ambassador for EA SPORTS Active 2, its answer to the Wii Fit…
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…
Mountain Hardwear Launches E-Commerce Website
Mountain Hardwear officially launched a new e-commerce site where consumers can buy Mountain Hardwear products online directly from the company for the first time…
Athlete Performance Solutions Enters Nike License
Athlete Performance Solutions said it has teamed with Nike Inc. to market performance footwear for Sailing, Rowing, Fencing, Weightlifting, Boxing and Shooting under the Nike brand…