Total Apparel Group, Inc., the FIFA licensor as well as holder of the the master licensee for the Kappa and Robe Di Kappa brands in the U.S. and Canada, expects to have the audit of its financial statements completed and filed with the SEC by July 31, 20
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nation’s Best Sports Appoints Preferred Warranty Provider
Nation's Best Sports (NBS), the sporting goods buying group, has reached a new agreement with Warrantech Consumer Product Services, Inc., a provider of service contracts and after-market warranties on consumer electronic products and home appliances.
Wal-Mart to Open Stores in Chicago
Wal-Mart Stores Inc. plans to build several dozen stores that would employ about 10,000 people in Chicago during the next five years. The world's largest retailer said it would open stores of various sizes at locations within Chicago's three “fo
Li and Fung: Low-Cost Era in China is Over
Speaking at the Reuters Consumer and Retail Summit, Li & Fung Ltd said the low-cost era in China was likely over but it anticipated no radical change in sourcing in the country. The Hong Kong apparel manufacturing giant added that it aimed to switch its s
Reebok Signs NBA Draft Pick John Wall
Reebok has officially signed John Wall, the 19-year-old projected # 1 pick in the NBA draft, to a multi-year global endorsement deal. The University of Kentucky superstar point guard will support Reebok's ZigTech performance collection and will be th
Nike’s Q4 Earnings Soar 53% on 8% Revenue Gain
Nike Inc. reported sales grew 8% in the fourth quarter ended May 31, to $5.1 billion from $4.7 billion for the same period last year. Excluding changes in currency exchange rates, net revenues were up 4% compared to the same period last year. Fourth quar
Retailers Win Debit-Card Swipe Fee Battle
Members of the House and Senate announced an agreement to include debit-card fee cuts in the final version of the financial-overhaul bill. Retailers have long sought to reduce the “swipe fees” that credit-card companies charge merchants for every debit-ca
Retailers Win Debit-Card Swipe Fee Battle
Members of the House and Senate announced an agreement to include debit-card fee cuts in the final version of the financial-overhaul bill. Retailers have long sought to reduce the “swipe fees” that credit-card companies charge merchants for every debit-ca
Arnold Palmer Re-Signs With AHEAD
AHEAD has re-signed legendary golfing great, Arnold Palmer, to represent the company's headwear line…
Perry Ellis to Bring Accessories Business In-House
Perry Ellis International Inc. is bringing its men's accessories business in-house after ending its licensing agreement with Westport Corp. to maker men's wallets, gift sets, bags and other accessories…
Brooks Sports Appoints Director or Apparel Merchandising
Brooks Sports, Inc. added Kurt Heimbach to its management team as director of apparel merchandising. Prior to joining Brooks, Heimbach served as the global apparel director for men's and women's running, tennis, and basketball at Reebok Internat
Adidas Names Creative Director for Adidas Sport Style
Adidas said it hired Dirk Schonberger as creative director of the Adidas Sport Style Division. He will lead the creative direction for Adidas' various divisions that target the lifestyle and fashion consumer, namely Y-3, Originals, Adidas SLVR, Porsc
KJUS Skiwear Appoints N.A. Director of Sales and Marketing
David Lever was appointed to the newly created post of Director of Sales & Marketing North America at KJUS USA…
PEP Grant Applications Now Being Accepted
The U.S. Department of Education is now accepting Carol M. White Physical Education Program (PEP) grant applications for the upcoming school year, according to the Sporting Goods Manufacturer's Association. It is estimated that nearly $40 million wil
Labor Unrest Shuts 700 Apparel Factories in Bangladesh
About 700 garment factories in Bangladesh were shut Tuesday after days of violent protests by tens of thousands of workers demanding better wages. The news is likely to undermine confidence in the country's ability to replace China as a low-cost sour