The National Basketball Association (NBA) has extended its sponsorship agreements with Chinese electrical appliance company Haier and Nike…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Reebok Summer Championships Cancelled After Losing Sponsor
Citing the loss of title sponsorship, ever-increasing facility costs and the general overall economic condition of the country, tournament officials announced today that they will no longer be able produce the annual Reebok Summer Championships, the natio
Kenneth Cole Pre-Announces Strong Fourth Quarter Results
Kenneth Cole Productions, Inc. announced that it will exceed prior earnings guidance by approximately 15 cents per share for operating performance in the fourth quarter ended December 31, 2009 due to a stronger than anticipated holiday season. Net revenue
REI’s Earnings More Than Double in 2009
Recreational Equipment, Inc. (REI) reported pre-audited earnings in 2009 more than doubled to $29.8 million from $14.5 million a year ago. Revenues improved 1.4% to $1.45 billion from $1.43 billion…
Quiksilver Appoints Paul Speaker to its Board
Quiksilver, Inc. announced that Paul Speaker has been appointed to the Quiksilver Board of Directors effective immediately…
SkirtSports Appoints Public Relations Firm
SkirtSports, the women's fitness apparel maker, has signed Los Angeles-based SnL Communications as its public relations agency of record effective February 1, 2010…
Gait Lacrosse, Trilogy Announce Partnership
Gait Lacrosse, a manufacturer of lacrosse gear and equipment, announced its sponsorship of Trilogy Lacrosse, The Leader in Lacrosse Education…
Nike N7 Expands Funding to Aboriginal Communities in Canada
Nike announced the expansion of its N7 Program to Aboriginal communities in Canada. For over 10 years, the N7 Program has provided youth with access to sport in Native American communities across the U.S. through grants, surface donations, product creatio
WHAM-O Partmers with Sprig, Launches WHAM-O Jr.
WHAM-O, Inc. has joined forces with Colorado-based Sprig Toys, Inc. to offer an line of battery-free, kid-powered preschool products under the new WHAM-O Jr. brand…
Platinum Equity Completes Acquisition of Genmar Assets
Platinum Equity announced that it has completed the acquisition of several boat brands and related assets from Genmar Holdings, Inc., through a transaction conducted under Section 363 of the U.S. Bankruptcy Code. The U.S. Bankruptcy Court for the District
Cushe Footwear Opens First Store
Cushe Footwear, acquired by Wolverine World Wide last year, has opened the doors of its very first store in the world in the TriNoma Shopping Mall, Manila, Philippines…
SpendingPulse: Retail Sales Up 3.6% in January
Including goods from food to clothing to gasoline – but excluding cars – U.S. retail sales rose 3.6% from January 2009, according to MasterCard Advisor's SpendingPulse, which offer an estimate of spending in all forms including cash…
Veltec Sports to Distribute Lake Cycling Shoes
Veltec Sports began its exclusive distribution of Lake cycling shoes on Feb. 1. Lake joins Descente, Shebeest, Vredestein, Prologo and Enervit Veltec Sports premium brand cycling portfolio…
Merrell to Title Sponsor Down and Dirty National Mud Run Series
Merrell and Michael Epstein Sports Productions, Inc. (MESP) announced a multi-year partnership of Merrell as title sponsor of the Down & Dirty National Mud Run Series. As title sponsor, Merrell has exclusive rights to apparel and footwear for the national
Jones Apparel Narrows Q4 Loss
Jones Apparel Group Inc., the owner of Nine West, reported a loss of $130.4 million, or $1.53 a share, in the fourth quarter, compared with a year-earlier loss of $822.9 million, or $10.08 a share. The latest results included just $150 million in write-do