Sears Holdings Corp. signed an agreement with Edwin Watts Golf Shops LLC to operate 12 golf shops inside Sears stores. The shops, ranging from 2,700 to 3,000 square feet, will be located near Sears electronics, tools and sporting goods department…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Adidas Hikes Fiscal Year Guidance on Q1 Improvement
Adidas Group said its preliminary results for the first quarter showed a 4% gain in sales and significant improvement in profitability. The better-than-expected results prompted Adidas to lift its full-year profit outlook…
Lafuma’s America Business Sees Gains
The Lafuma Group America closed its first half of the fiscal year at the end of March and is seeing a 35% growth for the 09/10 fiscal year, according to its parent Lafuma Group. Particularly strong performances in the Fall/Winter '10 pre-season selli
Decker’s Profits Soar 45% in Q1
Deckers Outdoor Corp. reported sales rose 16.2% in the first quarter to $155.9 million versus $134.2 million last year. Earnings jumped 45% to $18 million, or $1.37 a share, from $12.3 million, or 93 cents, a year ago. UGG brand sales increased 14.2% to $
Sole Technology Sees 14% Drop in Carbon Footprint in 2009
Sole Technology, the maker of etnies, éS, Emerica, ThirtyTwo and Altamont, said it is one step closer to its goal of becoming a carbon neutral company by 2020, announcing a 14% decrease in its carbon footprint over the course of one year, in 2009, throug
Dick’s SG’s National Runner’s Month Launches Website
Dick's Sporting Goods National Runners' Month announced the launch of its website, www.nationalrunnersmonth.com, which will serve as the online hub of information, discounts, and social media for the company's major running initiative sched
Zappos.com to Broadcast All Hands Meeting
Zappos.com that for the first time in the company's history, they will allow the world an opportunity to get a behind the scenes look at the Zappos culture in full swing as they livestream its quarterly All Hands Meeting…
Skechers to Produce Direct-to-DVD Kids Movies
Skechers is developing two direct-to-DVD cartoon features, entitled “Hydee and the Hy-top” and “Twinkle Toes.” The move follows its subsidiary Skechers Entertainment's deal to produce its first animated-series, “Zevo-3.”…
GSI Commerce Appoints President of GSI Media
GSI Commerce Inc. announced that Stephen Denton has joined the company as president of GSI Media, Inc., where he will oversee the operations and strategic direction of the company. The Pepperjam affiliate network, acquired by GSI last year, will operate u
Bass Pro Unveils Video Game Website
In preparation for the upcoming release of Bass Pro Shops: The Hunt, Griffin International and Bass Pro Shops revealed a new website for The Hunt (http://www.thehuntgame.com)…
VF Corp. to Sponsor Figure Skating
VF Corp. will be a local “presenting sponsor” for the 2011 U.S. Figure Skating Championships that will take place in Greensboro, NC, in January. VF is based in Greensboro. Sponsorship activities will focus on the company's Lucy and Kipling brands…
Backcountry.com to Support Colorado Fourteeners Initiative
Backcountry.com has committed to be the primary 2010 corporate underwriter of the Colorado Fourteeners Initiative's (CFI) Hot Shot trail care crew program…
Brooks Looks to Become Next Billion $ Running Brand
Brooks Sports has launched a ten-year growth program with goal of reaching a billion in sales by 2020. Last year, the brand did about $200 million globally. While Brooks expects to benefit from continuing momentum around the running category, it also plan
Hanesbrands’s Q1 Revenues Climb 8%
Hanesbrands Inc., the parent of Champion, reported that first-quarter 2010 net sales increased 8.2% and diluted earnings per share increased to 37 cents a share from a loss of 20 cents a year ago…
Wolverine World Wide’s Q1 Revenues Jump 11%, Hikes FY10 Guidance
Wolverine World Wide, Inc. reported revenue for the first quarter was $284.9 million, an increase of 11.6% versus the prior year. Foreign exchange had a positive impact of 3.6% on revenue growth in the quarter. During the quarter, all four of the compan
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