Furniture retailer and manufacturer American Signature Inc. will develop a home furnishings collection with Cleveland Cavaliers star LeBron James. The furniture collection will be launched this summer at Value City and American Signature stores…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Cabela’s Q4 Comps Dip 0.5%; Earnings Flat
Cabela's Inc. reported fourth-quarter revenues increased 5.5% to $917.6 million. Net income reached $52.4 million, or 77 cents a share, down slightly from $52.7 million, or 79 cents, a year ago, each excluding impairment and other special charges. Co
Cherokee Arranges Beauty License for Laila Ali Brand
Cherokee Inc. announced that its client, Bee Line Inc. has entered into an exclusive license agreement for the Laila Ali Brand for beauty and personal care products. Laila Ali is the daughter of the Muhammad Ali and a former professional boxer…
Hunter Opens First U.S. Store in Manhattan
Hunter, known for its rubber boots, plans to open a 270-square foot store in New York’s Limelight Marketplace in March, its first retail location in the U.S. The landmark building on the northeast corner of Sixth Avenue and 20th Street is being con
Finish Line Announces Inaugural DECA Challenge Winner
The Finish Line announced that the winner of the company's first-ever Finish Line DECA Challenge is Rosemount High School (Rosemount, Minnesota). The DECA Challenge gives high school students a real-world opportunity to learn about marketing by advis
OpSec Security plc Stake Sold to PE Firm
OpSec Security Group plc, the maker of anti-counterfeiting protection technologies and services., has sold a 29.8% stake in the company to Investcorp Technology Partners, the technology private equity arm of Investcorp. OpSec's clients include major
Nordstrom Plans New Racks in CA and NC
Nordstrom Inc. plans to open two new Rack discount stores next year; one in Charlotte, N.C., and the other in Redondo Beach, CA…
Billabong Sales in Americas Hurt by Currency Fluctuations
Billabong International Limited said sales in the Americas were down 6.2% in the six months ended Dec. 31 in constant currency terms, to Australian $317.5 million (U.S. $282.9 million). Reported sales were 17.6% lower, reflecting the negative currency imp
Puma Parent Eyes Smaller Acquisitions
PPR SA is studying several small-scale acquisitions to bolster its luxury and lifestyle portfolio. In a presentation of the French company's 2009 results in Paris, Chief Executive Officer Francois-Henri Pinault said the company would remain “vigilant
Nike to Refurbish Court Surface in Vancouver
In partnership with the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC), Nike announced its plans to refurbish a court surface in Vancouver with a collection of re-purposed, old running shoes. Team Canada members, G
L.L. Bean Tops Business Week’s Customer Service Survey
L.L. Bean topped Bloomberg BusinessWeek's fourth annual ranking of “Cust omer Service Champs.” jumping 23 spots from last year. Amazon.com, which claimed last year's top position, dropped to No. 11, while Apple soared from No. 20 to No. 3…
Golf World Releases 100 Best Golf Shops
Golf World's list of the “100 Best Golf Shops for 2009” included 11 PGA Tour Shops locations, eight Tournament Players Clubs shops and four Edwin Watts Golf shops as well as number of single-store locations across the country. The consumer magazine n
Bruce Raymond Joins C4 Waterman’s Board
BC4 Waterman appointed Bruce Raymond to its Board of Directors, effective immediately…
Advocacy Groups to Speak at Action Bicycle 2010 Open House Expo
Action Bicycle, the northeast's largest distributor, has confirmed the addition of three of the nation's top bicycle advocacy groups to its 2010 Open House Expo…
Arena to Sponsor Univ. of California
Arena Swim reached an agreement to supply technical equipment for the next two seasons to the University of California, Berkley (Cal) men’s swimming and diving team, one of the United States’ most respected college swimming programs…
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