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
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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…
SGMA Applauds First Lady’s Childhood Obesity Program
The Sporting Goods Manufacturer's Association (SGMA) praised First Lady Michelle Obama's childhood obesity program, claiming its launch “confirmed the significance of SGMA's public policy initiative which is focused on reversing the negativ
Health+Fitness Business Expo To Be Held in Vegas in September
In an effort to meet the changing needs of attendees and exhibitors, Health+Fitness Business Expo & Conference (HFB) said will hold its annual trade show in Las Vegas' Sands Convention Center September 22-23, 2010, adjacent to and during the 2010 Int
VF’s Q4 Net Drops After Goodwill Writedowns, Vans and The North Face Lead Topline Growth
VF Corp. said fourth quarter revenues inched up 0.2% to $1.92 billion from $1.9 billion a year ago. Net income fell 42.2% to $66.9 million, or 60 per share, from $115.9 million, or $1.05, a year ago after a charge to reduce the carrying value of the good
Sports Direct Raises FY Outlook on Robust Holiday Sales
Sports Direct International, boosted by strong holiday selling on improved margins, raised its profit guidance for the second time in two months. A U.K. regulatory group also provisionally cleared its acquisition of 31 JJB Sports stores…
New Product Manager for Wilderness Systems and Mad River Canoe
Confluence Watersports appointed Shane Steffen to the role of product manager for Wilderness Systems and Mad River Canoe…
Golf and Tennis Pro Shop Expands PGA Tour Partnership
Golf & Tennis Pro Shop, Inc., owner and operator of PGA TOUR Superstores, announced an expanded agreement with the PGA TOUR that will pave the way for an increased PGA TOUR presence inside and outside its stores. The new agreement solidifies a relationshi
Buff to Sponsor Janss Pro-Am Classic
Buff, Inc., the technical headwear firm, said it will become a Silver Sponsor of the Sun Valley Ski Education Foundation's (SVSEF) Janss Pro-Am Classic in Sun Valley, ID March 4-6, 2010. Buff, Inc. will be providing the group with 200 Original Buff..
Big Agnes Recognizes Bert Hopp as 2009 Sales Rep of the Year
Big Agnes Inc., maker of sleeping bags, pads and tents, recently announced the recipient of their annual award, “Sales Rep of the Year,” to Bert Hopp of Hopp Outdoors…
Burton Cuts Small Percentage of Staff and Reinstates Salaries
Burton has restructured its North American staff, resulting in a layoff of less than 2% of its global employee base. The company also announced that it reinstated salaries and merit increases that were decreased eight months ago…
Rab Hires Mid-Atlantic Reps
Rab, the U.K.-based manufacturer of outdoor apparel, this week hired Ferrand Associates to represent the brand in the mid-Atlantic territory. Industry veterans Ray Ferrand and Bill Lockwood each bring…
ORTHOFIT Donates for Haiti Relief
ORTHOFIT's principal, the USA based company Dr. Comfort, donated $1,000,000 in shoes to relief mission in Haiti…
Puma to Launch Mobile Phone
Puma plans to launch a mobile phone next week. A teaser site located at www.pumaphone.com shows a countdown timer for five days, which should coincide with the Mobile World Congress tradeshow in Barcelona. The device features…
Cutter and Buck Names New CEO
Cutter & Buck named Jens Petersson as its new chief executive officer, replacing Ernie Johnson…
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