According to the Sporting Goods Manufacturers Association's Sports, Fitness, and Recreation Participation Overview (2010 edition), 23.1% of 'active' Americans have indicated that they plan to spend more on sports equipment in 2010 than they
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
GoLite Hires New England/Mid Atlantic Rep
GoLite announced the addition of Dave Donahue of Kinetic Representatives to its US sales representative team. Donahue will cover the New England and Mid Atlantic territories for GoLite…
Report: Tiger Films New Nike Commercial
Tiger Woods shot a new commercial for Nike Thursday, TMZ reported…
Nexcen’s Q4 Revenues Slide 17%
Nexcen Brands, the parent of The Athlete's Foot, reported total revenues in the fourth quarter of 2009 decreased 17% to $10.6 million from $12.6 million in the fourth quarter of 2008. The decrease is primarily due to current economic conditions, incl
Broder Bros. Q4 Revenues Slid 16.7%
Broder Bros. reported fourth quarter 2009 net sales were $182.8 million compared to $219.5 million for the fourth quarter 2008. Loss from operations was $200,000 compared to income from operations of $3.2 million for the fourth quarter 2008, excluding th
Orange 21’s 2009 Sales Drop 27.7%
Orange 21 Inc., the parent of Spy Optics, reported consolidated net sales for the year ended Dec. 31, 2009 were $34.2 million compared to $47.3 million for the year ended Dec. 31, 2008. The company incurred a net loss of $3.4 million for the year, compare
Marlin Firearms to Close North Haven Plant
Marlin Firearms Co., which is part of Freedom Group, is closing its New Haven, CT plant. All 265 employees will lose their jobs…
G-III Apparel Group Returns to 4th-Quarter Profit
G-III Apparel Group, Ltd. sales grew 13.6% in the three-month period ended Jan. 31, to $193.8 million from $170.7 million during the comparable period last year. Net income was $9 million, or 49 cents a share, compared to a net loss of $32.1 million, or $
GSI Commerce Expands Credit Line
GSI Commerce Inc. has amended and expanded its existing secured revolving credit facility. By exercising the accordion feature in its existing credit facility, GSI expanded the credit facility by $60 million to $150 million…
Suunto Partners with 3x Twinlab-Full Throttle Endurance Racing
Suunto has partnered with the three-time reigning USA Triathlon Team National Champions, Twinlab-Full Throttle Endurance Racing Team…
Bakers Footwear’s Q4 Earnings Climb
Bakers Footwear Group, Inc. reported sales increased 3.9% in the fourth quarter ended Jan. 30, to $57.6 million from $55.5 million a year ago. Comparable store sales increased 3.9%, compared to 3.6% in the prior-year period…
Hat World Re-Brands to Lids
Hat World, Inc., a subsidiary of Genesco Inc., plans a re-branding campaign designed to leverage its LIDS retail brand across the three major divisions of its business. The move includes renaming its Sports Fan-Attic and Impact Sports businesses…
Lotto to Sponsor San Diego Boca Soccer Club
San Diego Boca football club announced a two-year agreement with Lotto Team Sport to be the gear and merchandise supplier for next year's National Premier Soccer League (NPSL) season…
Finish Line’s Q4 Profits Rise On 10% Comp Gain
The Finish Line, Inc. reported sales increased 8.9% in its fourth quarter ended Feb 27, to $374.5 million from $344.1 million a year ago. Comps increased 10.0% compared to a 2.3% increase a year ago. For the period, the company reported income from contin
Steve Madden Sets Three-for-Two Stock Split
Steve Madden said its board has approved a three-for-two stock split of the company's outstanding common shares…