Thomas J. Ryan | Page 922 | SGB Media Online

Nike’s Q3 Sales Increase 7%, North America Sales Inch Ahead 1%

March 17, 2010 SGB Executive

Nike Inc. reported sales rose 7% to $4.7 billion from $4.4 billion. Excluding changes in currency exchange rates, net revenue was up 2% compared to the same quarter last year. Excluding charges in the year-ago period, net income increased 2%. Excluding c

DSW Returns to Profitability, Comps Jump 12.9%

March 16, 2010 SGB Update

DSW Inc. reported earnings of $13.4 million, or 30 cents a share, in the fourth quarter, rebounding from a loss of $7.5 million, or 17 cents, a year earlier. Revenues rose 15.6% to $402.6 million from 348.2 million. Same store sales increased 12.9% versus

Highgear and Granger Sponsor USARA Adventure Racing Events

March 16, 2010 SGB Update

Highgear and Granger's, both brands of Implus, have partnered with the United States Adventure Racing Association (USARA) as sponsors of the 2010 USARA Adventure Race National Championship and Regional Qualifying Events. The two brands will sponsor t

J. America Licenses John Deere for Sportswear

March 16, 2010 SGB Update

J. America, a licensed apparel company in the collegiate, resort and corporate markets, has signed a licensing agreement with John Deere for men's and women's sportswear. The categories include fleece, tee shirts, headwear and lounge wear…

Louis Garneau to Sponsor teamTBB

March 16, 2010 SGB Update

Louis Garneau, the manufacturer of cycling apparel, helmets and accessories. announced their worldwide sponsorship of teamTBB. Singapore-based teamTBB is a major player in professional triathlon, representing and managing 30 athletes of 15 nationalities..

Leonard Armato Becomes CMO and President of Skecher’s Fitness Group

March 16, 2010 SGB Update

Leonard Armato, former chairman, chief executive and commissioner of the Association of Volleyball Professionals (AVP), has joined Skechers as chief marketing officer and president of the company's Fitness Group…

Sports Direct Purchase of 31 JJB Stores Cleared by Competition Commission

March 16, 2010 SGB Update

The Competition Commission in the U.K. has formally cleared Sport Direct's acquisition of 31 shops from rival JJB Sports. The competition watchdog ruled that it was unlikely that there would be higher prices or a reduction in quality and choice for c

Skechers Breaks Ground on New Distribution Center

March 16, 2010 SGB Update

Skechers USA, Inc. broke ground on its new 1.82 million square-foot distribution center in Rancho Belago, CA…

Burton to End Vermont Production

March 16, 2010 SGB Update

Burton Snowboards will shutter its South Burlington manufacturing facility in June, affecting 43 jobs. Production will move to Austria. The decision means Burton will no longer make boards in the U.S., aside from a relatively small number of prototypes…

Easton-Bell Q4 Losses Widen on 3.3% Sales Decline

March 16, 2010 SGB Update

Easton-Bell Sports reported its loss widened in its fourth quarter to $15.2 million from $10.2 million a year ago on a 3.3% decline in sales. The company said consumers traded down in price points and deferred discretionary purchases all year, causing dea