The U.S. Senate passed the Miscellaneous Tariff Bill (H.R. 4380) containing several duty suspensions across many sporting goods categories. Senate approval, which came via Unanimous Consent procedures, followed last week's overwhelming passage (378-4
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Skechers’ Q2 Revenues Vault 69%
Skechers USA Inc. reported second quarter sales increased 68.9% to $504.9 million from $299.0 million a year ago. Earnings climbed to $40.2 million, or 82 cents a share, rebounding from a loss of $5.9 million, or 13 cents, a year ago..
Jones Apparel Q2 Profit Nearly Doubles
Jones Apparel Group, Inc. reported revenues for the second quarter of 2010 were $860 million, as compared with $804 million for the second quarter of 2009. The company reported adjusted earnings per share 45 cents a share, as compared with adjusted earnin
Under Armour’s Q2 Profits Increase Two-Fold on 24% Revenue Gain
Under Armour reported earnings more than doubled to $3.5 million, or 7 cents a share, from $1.4 million, or 3 cents, a year ago. Revenues climbed 24%, driven by 34% apparel and 60% direct-to-consumer growth. The company also raised its revenue and EPS out
Iconix Posts 35% Q2 Revenue Gain
Iconix Brand Group reported Q2 revenue of $76.0 million, a 35% increase over the prior year quarter. Earnings grew 25% to $26.7 million, or 36 cents a share…
SandP Raises Perry Ellis’ Debt Rating
Perry Ellis International, Inc. said Standard & Poor's Ratings Services revised its outlook on the company to “stable,” reaffirmed its “B+” corporate credit rating and also raised the issue-level rating on the company's senior subordinated notes
Tim Tebow Becomes Spokesperson for Jockey
Jockey International, Inc. said pro football quarterback Tim Tebow has agreed to a multi-year contract in which Tebow will serve as a Jockey spokesperson beginning in July, 2010…
Source to Host Retailer Lounges at OR
Source Hydration and Sandals will be hosting two lounges for retail buyers and media at this Summer's OR Show…
Iconix Announces Executive Promotions
Iconix Brand Group, Inc. announced the promotion of three executives from within the company. Yehuda Shmidman has been promoted to chief operating officer…
AAFA Submits Blueprint to Double U.S. Exports
The American Apparel & Footwear Association (AAFA) submitted a ten-point plan to the U.S. Department of Commerce regarding President Barack Obama's commitment to double U.S. exports by 2015. Point 8: Recognize that imports of U.S. branded product are
New York Giants Partners with TeamFanShop
TeamFanShop is partnering with the New York Giants to deliver e-commerce and marketing solutions to reach the global fan base of the Giants…
Study: World Cup Sponsorship Shows Mixed Results
Adidas was the second most widely-named brand as a World Cup sponsor, both before and after the event, according to a new study with Survey Sampling International's (SSI). Coca Cola was first…
Implus Outdoor Goes Paperless at OR Summer Market
Implus Outdoor brands Highgear, Yaktrax, Little Hotties and Granger's are utilizing a series of Apple iPads for all orders placed at the Outdoor Retailer Summer Market trade show August 3 – 6 in Salt Lake City in an attempt to reduce their footprint
Swix to Distribute Swenor Roller Skis in the U.S.
Swix Sport USA, the maker of ski and snowboard accessories, entered into a long-term distribution agreement with Sport Import AS of Norway to become the exclusive distributor of Swenor brand roller skis and accessories for the U.S. market. Like Swix, Swen
Cabela’s CEO Appointed to Wildlife/Hunting Conservation Council
Cabela's Chief Executive Officer Tommy Millner was appointed to the Wildlife and Hunting Heritage Conservation Council, an official advisory group established by U.S. Secretary of Interior Ken Salazar and U.S. Secretary of Agriculture Tom Vilsack to
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