J.C. Penney Co. reported a profit for the quarter ended July 31 of $14 million, or 6 cents a share, compared with a prior-year loss of $1 million, which included a pension expense of $83 million…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Billabong To Distribute Podium Brands in Australia and New Zealand
Podium Distribution announced a long-term distribution deal with Australian brand, Billabong. Under the terms of the new agreement Billabong will distribute Podium brands DVS, Matix, and Lakai in Australia as well as New Zealand alongside its current line
S.A. Elite Opens First Store, Plans Second
The Sports Authority quietly opened its first S.A. Elite store at Cherry Creek Shopping Center in Denver. A second location is scheduled to open in Highlands Ranch, CO in November…
Modell’s Refurbishes Times Square Flagship, Plans First Upper West Side Stores
Modell's Sporting Goods gave its flagship store location at West 42nd Street in Times Square New York City a major facelift as the next step its its “Rebirth” store renovation strategy. It also announced plans to open its first stores on the Upper We
AmerBag Launches AmeriBag Outdoors
AmeriBag Inc., creator of the Healthy Back Bag tote, launched its newest division, AmeriBag Outdoors. In January 2010, AmeriBag acquired Cerf Brothers Bag Company, which manufactures and distributes HideAway, CampInn and Browning gear lines…
Johnson Outdoors’ Q2 Earnings Climb 15.6%
Johnson Outdoors reported sales for the second quarter rose 7.9% to $124.0 million compared to $114.9 million in the prior year period. Net income increased 15.6% to $10.4 million, or $1.09 per diluted share, from $9.0 million, or 97 cents, a year ago. Th
Implus Footcare Acquires Eurosphere/Anticipation
Implus Footcare has acquired Eurosphere/Anticipation, a France-based company that sells Sneaker Balls and other deodorizing products throughout the European Union…
Crocs Ongoing Q2 Revenues Climb 31%
Crocs, Inc. reported revenue for the second quarter of 2010 increased 31% to $228.0 million, over adjusted revenue of $174.1 million reported in the second quarter of 2009, which excluded $23.7 million in previously impaired product sales that the company
ONCAP Closes Sport Supply Group Deal
Sport Supply Group, Inc. announced that ONCAP II LP and its affiliates, the mid-market private equity platform of Onex Corporation, have completed the previously-announced acquisition of Sport Supply Group…
Jetboil Files Suit for Infringement of Patents
Jetboil Inc. has filed a lawsuit suit against Swedish-based Primus AB, along with parent company Fenix Outdoor AB, Brunton Outdoor, Inc, and NA Gear LLC, in Delaware federal court for infringement of Jetboil's issued patents…
La Sportiva Enters Mexican Distribution Deal
La Sportiva N.A., makers of technical climbing, mountaineering, Mountain Running and hiking footwear, has entered into a new distribution agreement for Mexico with ALTA Vertical…
Keen Supports PDX 2 Gulf Coast Clean-Up Crew
KEEN has committed its support to the PDX 2 Gulf Coast Project with a $20,000 donation, which includes a matching fund for the first $5,000 in individual donations raised. PDX 2 Gulf Coast is a project which aims to learn more about the Gulf of Mexico oil
Ahnu Launches Breast Cancer Prevention Fund
Committing to prevention, Ahnu will donate $5 from the sale of every women's Numentum performance shoes to the Breast Cancer Fund…
Adidas Ups Forecast on World Cup Sales
Adidas raised its full-year earnings forecast after strong sales around the World Cup as well as a resurgence at Reebok helped drive up second-quarter revenues and profit. Group sales in North America grew 8% on a currency-neutral basis, driven by a 7% sa
Asics America Sales Rise More than 17% in 1H
Asics America Corporation said sales grew more than 17% in the first half. For the second quarter (April-June) all categories are seeing double-digit growth, which is in line with the momentum from the first quarter of 2010…
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