GSI Commerce Inc. announced that QK Holdings Inc., a subsidiary of QVC Inc., has agreed to sell 9.25 million shares of GSI common stock. After the sale, QVC will no longer own any shares of GSI's common stock. QVC's stake stems from an investmen
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Mountain Hardwear/Montrail Announce Grant Recipients
Mountain Hardwear, Inc. and Montrail announced recipients of their respective Gives Back Grant programs. Mountain Hardwear’s primary focus for the first half of the year is Helping to Create the Next Generation of Outdoor Enthusiasts. In the second
Reebok Accused of Sweatshop Violations in El Salvador
A new report by the National Labor Committee claims that NFL jerseys from Reebok were sewn under illegal sweatshop conditions at the Chi Fung factory in El Salvador for at least the last four years. The study from the U.S. sweatshop watchdog group found t
Skullcandy to Sponsor Ron Jon Sebastian Inlet Pro
Skullcandy, the earphones company targeting the action sports world, has agreed to become presenting sponsor of the Junior Pro Grade 4 Ron Jon Sebastian Inlet Pro and also be title sponsor of the ASP Grade 2 Skullcandy Girls Junior Pro…
Student Group Holds Rally Seeking End of Nike’s UW-Madison’s Contract
With shouts of 'Cut the Contract!,' a group of about 25 students from the University of Wisconsin's Student Labor Action Coalition held a demonstration in front of Chancellor Biddy Martin's office on Friday to protest the university�
WaterGuard Gains Olympian Endorsement
Waterguard, a water-tight bathing sleeve for cast and wound protection, has received the endorsement of Eric Heiden, five-time gold medalist in speedskating, team physician for the U.S. Speedskating team, and orthopedic specialist and surgeon with Heiden
SylvanSport Seeking Strategic Options
SylvanSport, the North Carolina based maker of Mobile Adventure Gear has recently engaged Silver Steep Partners to serve as its exclusive financial advisor and to review the company’s strategic options. The company is seeking capital to support its
PacSun Hires VP of Merchandise, Juniors
Pacific Sunwear of California named Christine Lee as its senior vice president and general merchandise manager of juniors' merchandising and design. Prior to Pacific Sunwear, Lee spent nearly 20 years with Urban Outfitters…
UES (Upper Echelon Shoes) Partners with Steve Madden
New York-based shoe brand UES (Upper Echelon Shoes) and Steve Madden announced an official partnership and are preparing to unveil their first joint effort with UES' Fall 2010 collection. Each party will have an even stake in the venture, with UES d
Creditors Approve The Walking Co. Reorg Plan
The Walking Company Holdings, Inc. said that an unsecured creditors committee formed after the company's voluntary Chapter 11 filing, agreed to support the retailer's plan of reorganization filed last week rather than pursue other alternatives.
Hincapie Sportswear Hires Southeast Reps
Hincapie Sportswear, manufacturer of clothing for cyclissts, has hired Tarbell Patten as retail sales representatives for the brand in Kentucky, Mississippi and Northern Alabama…
Two Heisman Winners to Attend National Health Through Fitness Day
Nearly 20 well known figures from the sports world have confirmed their attendance for SGMA’s 11th Annual National Health Through Fitness Day being held March 10 in Washington DC. The honorary chairman this year will be Herschel Walker. Others inclu
Golfsmith Plans Stores in Milwaukee and Brea, CA
Golfsmith International Holdings, Inc. announced two additional new store locations in Milwaukee, WI, and Brea, CA for 2010. The new stores completes the company's new store leasing objectives for 2010 adding to the previously announced new stores in
Stage Stores Appoints Chief Merchant and COO
Stage Stores, Inc. named Richard Maloney chief merchandising officer and Edward Record chief operating officer. Both Maloney and Record will report to Andy Hall, President and CEO…
Life Is Good Introduces Haiti Fundraising T-shirts
The Life is Good Company will donate 100% of its profits from sales of specially-designed t-shirts available online and in participating stores nationwide to relief efforts targeting children impacted by Haiti's devastating earthquake. The shirts fea
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