Vasque hired 15-year industry veteran Chris Miller as their national sales manager. Miller, an avid trail runner, cyclist, triathlete and snow shoe racer, brings the knowledge he gained while at Wigwam Socks and LaCrosse Footwear…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Modell’s Launches Community Weekend to Showcase Stores
From March 6 (Saturday) through March 8 (Monday), Modell's Sporting Goods is holding “Modell's Community Weekend” to encourage customers to see the recent upgrade of their stores. Over those three days, all customers shopping at Modell's wi
Kohl’s Q4 Profits Surge 28%
Kohl's Inc. reported net income for the fourth quarter increased 28% to $431 million, or $1.40 per share, compared to $336 million, or $1.10, a year ago. Sales were $5.7 billion, an increase of 8.5% for the quarter. Comparable store sales for the qua
Steve Madden’s Q4 Profits Surge on 17.1% Sales Gain
Steve Madden reported fourth quarter net sales increased 17.1% to $139.5 million. Net income increased 88.2% to $13.6 million, or 73 cents per share, compared to $7.2 million, or 40 cents, in the prior year's fourth quarter…
John McCarvel Named President and CEO of Crocs
Crocs, Inc. promoted John McCarvel to president and chief executive officer effective March 1, 2010. He succeeds John Duerden, who is retiring from the company and resigning as president and CEO and also from his position on the company's board…
Crocs Cuts Q4 Losses as Sales Rise 7.9%
Crocs, Inc. reported fourth quarter 2009 revenues increased 7.9% to $136.0 million compared to revenues of $126.1 million in the year ago period. The company reported a net loss of $11.4 million in the fourth quarter of 2009 with diluted loss per share of
Volcom’s Q4 Revenues Fell 7.8%
Volcom, Inc. reported sales slid 7.8% in the fourth quarter to $64.2 million from $69.6 million a year ago. Total revenues in the company's U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territories ou
NFL Extends Partnership with GSI Commerce
GSI Commerce Inc. and the National Football League (NFL) today announced they have signed a new multi-year extension to their e-commerce agreement. Under the agreement, which runs to 2014…
Academy Sports to Sponsor Danica Patrick
Academy Sports + Outdoors has reached an agreement to sponsor Danica Patrick for the next two years. Academy will feature Danica in an upcoming television ad campaign…
Skechers Opens Flagship in London
Skechers USA, Inc. has opened a flagship store in the heart of Covent Garden, London's premier destination for culture and leisure. Exclusively located on the Royal Opera House property across from the famed Covent Garden Market…
Nike Increases Sponsorship Deal for Soccer Star Ronaldo
Nike Inc. will pay Real Madrid star Cristiano Ronaldo €6 million ($8.1 mm) per year until 2014 million, under a new sponsorship deal, up from €4 million under its previous deal. Spanish newspaper Marca says Nike stepped up its bid for the Port
Wenger Opens First U.S. Store
Wenger, the maker of the Swiss Army knife, opened its first U.S. store, in Boulder, CO. The 3,000-square-foot store will open in April and sell Wenger's new line of technical footwear; tents, sleeping bags and backpacks…
Three Aldila Directors Resign
Three directors of Aldila Inc. have resigned as part of the golf shaft maker's efforts to reduce expenses, according to a filing with the Securities & Exchange Commission. Andrew Leitch, Bryant Riley and Michael Sheldon resigned on February 23…
Gill Athletics and USA Track and Field Partner on Coach Award
Gill Athletics, the track & field equipment manufacturer, and USA Track & Field (USATF) announced a new Gill Athletics National High School Track & Field Coach of the Year Award. The inaugural honor will recognize one high school girls' program track
MBT’s U.S. Headquarters Moving to Portmouth, NH
Masai footwear, the parent of MBT footwear, is moving its U.S. headquarters from Sun Valley, ID, to larger office space in Portsmouth, NH…