West 49 Inc., the Canadian action sports chain, has received a new senior secured asset-based credit facility from the Bank of Montreal. The three-year, Canadian$25 million (U.S. $23.7 mm) committed ABL Facility is structured for financing general operati
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Invista Launches Anti-Counterfeit Campaign
Invista said it is taking a stance against trademark misuse on behalf of its brands. The owner of the Lycra fiber brand is launching an advertising campaign to reinforce the importance of protecting the value of its trademarks…
Obenchain Stepping Down from OIA
Ann Obenchain is stepping down as VP of member services and marketing for Outdoor Industry Association (OIA). She is taking a job as director of marketing and development at Colorado Chautauqua Association…
Crocs Wins Appeal in Patent Case Over Shoe Design
A federal appeals' court overturned a 2008 U.S. International Trade Commission ruling that rejected Crocs Inc.'s claims of patent infringement against shoe makers who sold knock-off versions of the company's foam clogs…
Play It Again Parent Swings to Q4 Profit
Winmark Corp., the parent of Play It Again Sports, earned $1.46 million, or 28 cents per share, in the fourth quarter ended Dec. 26, versus a loss of $2.08 million, or 38 cents per share, for the same quarter a year before…
FGX International Sees 5% Q4 Revenue Gain
FGX International, the maker of glasses and sunglasses under such names as Foster Grant and Gargoyles, reoported sales increased 5% to $64.7 million from $61.8 million in the fourth quarter of 2008…
A.T. Cross Reports 5.3% Q4 Sales Decline
A.T. Cross Co., the parent of Native Eyewear, reported sales declined 5.3% in the fourth quarter to $39.5 million from $41.7 million a year ago. Sales in its Cross Optical segment rose 0.7% to 9.4 million, driven by continued growth of the Costa brand. Sa
Finish Line Youth Foundation Announces New Board Members
The Finish Line Youth Foundation, a not-for-profit organization that provides financial support for community-based youth athletic programs and camps for disadvantaged and special needs children across the United States, elected six new members to its Boa
Iconix’s Q4 Bolstered by Wal-Mart Athletic Rollout
Iconix Brand Group. reported Q4 sales jumped 21% to $65.8 million, boosted by the rollout of its sports brands in licensing deals to Wal-Mart and its acquisition of Mark Ecko Enterprises, which includes Zoo York. Earnings rose 28.8% to $19.7 million, or 2
Sturm, Ruger Reports 9.2% Q4 Revenue Increase
Sturm, Ruger & Company, Inc. reported sales rose 9.2% in the fourth quarter to $63.9 million from $58.5 million. Earnings climbed to $1.44 a share from 43 cents a year ago…
Pacific Brands Returns to the Black
Pacific Brands Ltd. reported a profit of Australia $22.2 million (U.S. $20 million) in the six months ended December 31 versus a loss of A$150 million a year earlier. Sales fell 7.8% to A$960.8 million ($853.7 million)…
Nike Sees Market Share Gains In Soccer
In an interview with Reuters in London, Nike's Chief Executive Mark Parker said newproducts and a marketing blitz at this summer's FIFA World Cup will help it continue to gain market share in soccer…
New Balance Details Plans for HQ Expansion
New Balance unveiled its plan for a $250 million mixed-use development alongside its headquarters in Brighton, MA, that would feature a sports complex, hotel, park, movie theater, office buildings, and community space, along with a commuter rail station a
The Sports Authority Partners with US Youth Soccer
The Sports Authority was named the official sporting goods retailer of US Youth Soccer Unique membership discount card will be available to all US Youth Soccer members. This is the first time US Youth Soccer and Sports Authority have partnered together…
Moving Comfort Donates to Support Your Girls Program
Moving Comfort, the maker of sports bras and women's fitness apparel, donated over $15,000 to Girls in the Game and Bright Pink through their 2009 “Support Your Girls” program…
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