Oakley, Inc. announced that its sponsored athletes earned 65 medals in Vancouver's Winter Olympics. The final tally was 24 gold, 22 silver and 19 bronze…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Rosenthal to Succeed Newsome as Hibbett’s CEO
Hibbett Sports' long-time Chairman and CEO Mickey Newsome will give up the CEO's job and be replaced by the chain's Chief Operating Officer Jeffry O. Rosenthal. Newsome will become executive chairman. Both moves are effective March 15, 2010
Adams Golf Widens 2009 Loss
Adams Golf reported sales fell 17% in 2009, to $76.1 million from $91.5 million a year ago. Adams Golf had a net loss of $12.2 million, or $1.82 per fully diluted share, for the year as compared to a net loss of $1.5 million, or 23 cents, a year ago…
SGMA’s Get America Moving Coalition Rallies in the Capital
A delegation of physical activity proponents met Wednesday with members of the U.S. Congress in Washington, D.C. to talk about what can be done to Get America Moving. Celebrities at the event organized by SGMA included The celebrities participating in Nat
Igloo Products Corp. Aids in Haiti Relief Effort
Igloo Products Corp. has partnered with Dialysis at Sea Cruises to provide help and support to Haiti during their earthquake relief effort. Igloo Corp. donated several 120-quart coolers that will aid in the delivery and storage of heat-sensitive medical
SIMA Image Awards Ceremony to Move to Southern Cal. from Cabo
The Surf Industry Manufacturers Association (SIMA) announced that the next SIMA Image Awards ceremony will be held in southern California in early 2011. For the past seven years, the annual awards ceremony has been held on the final night of Surf Summit e
Heelys’ Q4 Revenue Sinks 26.9%
Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Reebok Plans Marketing Campaign Around ZigTech
Reebok is planning a major marketing campaign including TV, print and online advertising around the launch of its ZigTech running and training shoe. ZigTech debuts at major retailers including Sport Chek, Foot Locker and Sports Experts on March 11…
Dick’s Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Dick’s SG Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
Spyder Names Director of Marketing
After serving as Director of Marketing for nearly 20 years, Kathy Carroll has left Spyder to pursue new personal and career opportunities. Stepping into the position is Laura Wisner, who previously held the post of senior marketing manager…
SIA: Snow Market Flat In January
According to the SnowSports Industries America (SIA) Retail Audit Report, Snow Sports market sales reached $2.26 billion in January with a 0.4% gain in dollars sold compared with August through January last season. Significant declines in the West and Nor
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