In its second Forbes Fab 40, Nike edged out ESPN in its survey of the top-ten Sports Business Brands. The survey placed Nike's sales at $10.5 billion versus $10.3 billion for ESPN. The remaining eight brands on the list included Adidas, $7.3 billion;
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sof Sole Becomes Sponsor of Rock ‘n’ Roll Marathon
The Competitor Group (CGI) and Implus Footcare today announced that Sof Sole will become the Official Insole Sponsor of the Rock 'n' Roll Marathon Series. The two-year partnership will begin…
Redcats USA Appoints New CEO
Redcats, which owns the Sportsman's Guide, The Golf Warehouse and other catalogs, named Sylvain Desjonquères as the president & CEO of Redcats USA. Sylvain was formerly…
Blacks Leisure Sells Mambo Surf Brand
Blacks Leisure, the struggling U.K. outdoor clothing retailer, sold its Mambo surf brand for £800,000 ($1.3 million) as part of its ongoing exit from the boardwear space. The sale comes amid reports of more suitors arriving to acquire the owner of Millets
Kmart Gets New Apparel Chief
Sears Holdings named Tara Poseley as SVP and president – Kmart Apparel. Poseley was formerly President for BEBE SPORT, and in six months created..
Tifosi Optics To Sponsor Kelly Benefit Strategies
Tifosi Optics, Inc. will sponsor the Kelly Benefit Strategies Pro Cycling team for the 2010 season…
Khombu Footwear Moves Headquarters
Khombu, a maker of apres ski footwear, said it is moving its headquarters from Avon to Canton, MA and building a sales staff to focus on children's footwear…
Counterfeit Apparel Seized During NBA All-Star Weekend
Nearly $200,000 worth of counterfeit sports merchandise was seized this weekend during the events surrounding the National Basketball Association's All-Star 2010 game in Dallas, federal officials said at a news conference…
Eco-Summit to be Held at Nike Headquarters
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Gant Introduces Lacrosse-Inspired Collection
Gant, the American sportswear brand, has come out with its first Lacrosse-inspired brand. The fashion collection was designed by Michael Bastian, the former Bergdorf men’s fashion director turned luxury menswear designer…
Organic Cotton Production Grows 20%
Global organic cotton production rose by 20% in 2009 tipping the scales at 175,113 metric tons (802,599 bales) grown on 625,000 acres (253,000 hectares), according to a report from Organic Exchange (OE). Still, organic cotton now represents just 0.76% of
NHL Apparel Sales up 6-7% Year-to-Date
The National Hockey League reported that NHL soft-goods apparel in the season-to-date period (Oct. 2009 – Jan. 2010) are pacing at 6-7% above year-over-year sales. NHL hard-lines realized a 7%gain in North America compared to plan for fiscal 2009-10…
Keds to Sell in Gap Stores
Keds will start selling in Gap stores later this year. Gap already carries Converse basketball sneakers and it isn't known whether the relationship will continue, according to Dow Jones…
Commerce Dept.: Retail Sales Increase 0.5% in January
Retail sales last month increased 0.5%, the Commerce Department said Friday. Economists surveyed by Dow Jones Newswires had forecast a 0.3% increase. The report also showed December retail sales were adjusted upward, to a 0.1% decrease from a previously r
Wolverine World Wide Launches $200M Stock Buyback Program
Wolverine World Wide, Inc. announced that its Board of Directors approved a new share repurchase program at its regularly scheduled meeting February 11, 2010, authorizing up to $200 million in share repurchases…