Schuylkill Valley Sports has promoted John DeMaria to director of apparel and licensed products. DeMaria will continue his duties in purchasing and merchandising all sports apparel for the 18 store chain…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Evogear.com Gains Equity Investment
Evolucion Innovations, Inc., doing business as evogear.com, completed an equity capital offering in order to support its rapidly growing online and retail businesses. The amount of the funding was not disclosed…
Gildan-Prewitt Cuts More Sock Jobs
Gildan-Prewitt company officials announced plans to relocate 30% of its knitting equipment and all its remaining wet processing operations in Fort Payne, AL to Honduras. About 130 of Fort Payne's remaining hosiery workers will lose their jobs by the
Rock Creek Athletics Acquires DeLong Brand
Rock Creek Athletics, based in Grinnell, Iowa, has acquired the varsity award jacket business assets from Daden Group, also based in Grinnell, Iowa, including the DeLong brand…
Billabong to Acquire RVCA
Billabong International Ltd. reached a conditional agreement to acquire California apparel brand RVCA. Terms of the deal were not disclosed. Billabong expects RVCA to contribute 2% to Billabong group revenues in the 2010/2011 fiscal year and be neutral to
Asics to Buy Haglöfs For $133M
Asics Corporation has agreed to purchase 100% of Swedish outdoors products company Haglöfs for 1 billion Swedish Krona, or $133.42 million at current exchange. Its product range includes apparel, backpacks, footwear and accessories…
Spyder Donates to Wounded Warriors
Spyder has pledged to raise $1,000 for the Wounded Warrior Project by reaching 10,000 members on their Facebook page by the end of July…
Adidas Sells Almost One Million Jerseys of Spanish Soccer Team
Adidas AG indicated it sold almost one million replica jerseys of the Spanish national team, which won the World Cup on Sunday…
OGIO Signs Italian Distributor
OGIO International announced the addition of Action to Sport (A2S) as the exclusive distributor of packs, motor sports and specialty action sports gear in Italy…
Randy Ruch Retires from Schuykill Valley Sports
Randy Ruch, founder, CEO and Chairman of the Board of Schuykill Valley Sports, retired July 1, 2010 after thirty-nine years in the sporting goods industry. Ruch opened his first store in Audubon, PA in August 1971. The company now operates eighteen store
Under Armour’s President David McCreight Resigns
Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Alabama Outdoors Sold to Investor Group
Alabama Outdoors Inc. has been sold to SMAO LLC, an investment group led by Scott McCrory, who will now serve as president of Alabama Outdoors…
OR Summer Market 2010 Pre-Show Numbers Surpass Last Year’s
With Outdoor Retailer Summer Market less than a month away, show organizers announced that net-sold, square-feet exhibit space at the Salt Palace Convention Center in Salt Lake City, Utah has surpassed the 2009 show, with no space left available…
SmartWool Promotes Three
SmartWool Corporation said three internal candidates have been promoted to fill the newly created positions of general manager, international business; chief financial officer; and vice president,value chain…
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…