Yue Yuen Industrial (Holdings) Limited said revenue declined 3.2% in the first quarter ended Dec. 31, to U.S.$1.32 billion while profit attributable to equity holders increased 10% year-on-year to $120.2 million…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Under Armour Partners with Junior Tennis Champion Center
Under Armour has signed into an agreement with the Junior Tennis Champion Center at College Park, Maryland. The company will supply gear to the centers' coaches and instructors who will wear and test new products…
ECCO’s 2009 Profits Fall as Sales Slide 6%
ECCO reported revenue fell by 6% in 2009 DKK $5.04 billion ($912.7 million) while pre-tax profits fell by 38% to DKK 460 million ($83.2 million) due partly to significant investment in retail stores and in-store shops. Said the Danish-shoe maker in a stat
Wolverine World Wide Names Nick Schwartz VP, Sales – Apparel and Accessories
Wolverine World Wide appointed Nick Schwartz as VP, sales – Apparel and Accessories. His immediate focus will be on Merrell Apparel, where he will lead the sales team. Schwartz joins the Wolverine team from Columbia Sportswear Co. Inc…
Team Sports Participants Continues to Erode
According to the Sporting Goods Manufacturers Association's Sports, Fitness, and Recreation Participation Overview (2010 edition), baseball, football and basketball all continued to show notable declines in participants in 2009. Outdoor soccer and ou
Puma Signs Soccer Star Natasha Kai
PUMA announced the signing of women's soccer star Natasha Kai. The brand will serve as Kai's official supplier for footwear, apparel, and accessories both on and off the field; Kai will also be featured in PUMA's football and fitness market
Woolrich Woolen Mill Division Expands into Europe
The Woolen Mill Division of Woolrich has hired its first European sales agents. Voehringer & Groha based in Laufach, Germany, will be responsible for representing Woolrich in Germany, Switzerland, and Austria while Pugliese & Moscato, of Florence, Italy,
Simms Hires New Guide Desk Manager
Simms Fishing Products, hired Peter Vandergrift as its new Guide Desk Manager. As part of the Simms marketing team, Vandergrift will work with leading fishing guides worldwide by providing them with needed equipment, education and acting as a liaison with
Cycling Sports Group Increases Asia Pacific Distribution
Cycling Sports Group (CSG), a business unit of Dorel Industries, announced expanded distribution for its Asia Pacific Sales Department. The expansion is part of an overall growth strategy focused on increasing distribution to build visibility for CSG bran
SGMA Survey: Consumers Looking for Value in Sports Equipment in 2010
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
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
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