Sport Supply Group, Inc. has entered into a definitive merger agreement to be acquired by an affiliate of ONCAP Management Partners, L.P., the mid-market private equity business of Onex Corporation. Under the terms of the merger agreement, all of the outs
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Phillips-Van Heusen to Buy Tommy Hilfiger for $3 Billion
Phillips-Van Heusen Corp., owner of Calvin Klein, agreed to buy Tommy Hilfiger B.V. for $3.0 billion) plus the assumption of $137 million in liabilities. The consideration includes $2.62 billion in cash and $377.5 million in PVH common stock. The combinat
K-Swiss Launches Global Brand Campaign
K-Swiss will launch a new global campaign aimed at communicating its California roots entitled, “Have an Awesome Day.” The campaign, which includes television spots, print and interactive elements, will break on Monday, March 15, 2010 in the U.S. with its
Alien Workshop Names Marketing Coordinator
DNA Distribution appointed Jeff Dickson as the new marketing coordinator for its Alien Workshop brand. Dickson has years of experience in the skate industry including former positions at Element, as well as Zero and Mystery…
Wilson and the NCAA Join Fight Against Cancer
In time for March Madness, Wilson Sporting Goods Co. and the NCAA launched the “Every Pass Counts: Ultimate Assist” program designed to make it easy for college hoop fans on Facebook to join in the fight against cancer…
Killick Datta Becomes AAFA Board of Directors Chairman
During the 2010 American Apparel & Footwear Association (AAFA) Annual Executive Summit in Washington, D.C., outgoing AAFA Chairperson Carol J. Hochman, President of RHH Capital & Consulting, Inc., turned over the chairmanship of the AAFA Board of Director
Black Label Moves To Blitz Distribution
Black Label, the skateboard brand, said it will now be under Blitz Distribution…
Hibbett Q4 Profits Surge on 9.6% Comp Gain
Hibbett Sports, Inc. reported sales increased 12.1% in the fourth quarter ended Jan. 30, to $166.8 million from $147.9 million a year ago. Comparable store sales increased 9.6%. Earnings jumped 54.0% to $11.8 million, or 40 cents a share, from $7.6 millio
L.L. Bean Sales Fall for Second Straight Year
L.L. Bean's sales in the fiscal year ended in February fell 6.6% to approximately $1.4 million from $1.5 million. President and CEO Chris McCormick told employees, according to a company statement, that strong sales in January and February helped the
Sof Sole Donates $50,000 To Kay Yow/WBCA Cancer Fund
The Kay Yow/WBCA Cancer Fund, in partnership with The V Foundation for Cancer Research, announced that Sof Sole, an Implus Footcare brand family, has joined the fight against women's cancers by becoming an official sponsor…
The Buckle’s Q4 Earnings Climb 23.1%
The Buckle, Inc. reported earnings rose 23.1% to $42.1 million, or 92 cents per share, from $34.2 million, or 74 cents, a year ago. Sales increased 9.2% to $274.4 million from $251.4 million a year ago. Comparable store net sales increased 3.8%…
Quiksilver Slashes Q1 Loss on 2% Revenue Decline
Quiksilver, Inc.'s sales dipped 2% in its first quarter ended Jan. 31, to $432.7 million from $443.3 million a year ago. The pro-forma consolidated loss from continuing operations was $2.5 million, or 2 cents per share, an improvement over a deficit
Zumiez’s Profits Jump 39.6%
Zumiez Inc. reported sales for the fourth quarter ended Jan. 30, increased 5.6% to $132.4 million from $125.5 million a year ago. Net income rose to $8.8 million, or 9 cents a share, from $6.3 million or 21 cents, a year ago…
PacSun’s Q4 Comps Drop 19%, Sees Q1 Loss
Pacific Sunwear of California, Inc. said sales in the fourth quarter decreased 17% to $352 million with comps off 19%. The loss in the period came to $36 million, or 56 cents a share, after charges compared to a loss of $27 million, or 42 cents, a year ag
Reebok Launches TV Campaign for ZigTech and EasyTone
Reebok is launching one of two new TV ads that were created under the brand's new “Ree” marketing platform. To kick off the “Ree” campaign, the brand has created TV spots highlighting two key products, Reebok EasyTone and Reebok ZigTech…
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