Adidas America Inc. on Wednesday said it laid off a small number of employees as part of a U.S. restructuring at its Portland headquarters but indicated that it still expects to see job growth in the U.S. this year…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
TAG Sold to Lansing Sports’ Philip Rosati
Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…
Dick’s SG Set to Move Into New Findlay Headquarters
Dick's Sporting Goods plans to fully occupy its new corporate headquarters by the end of February. The $150 million, 670,000-square-foot complex occupies 116 acres of land beside the main runway at the Pittsburgh International Airport in Findlay, PA.
Wolverine World Wide’s Q4 Sales Slide 9.7%
Wolverine World Wide, Inc. reported fourth quarter revenues declined 9.7% to $312.5 million. Net earnings fell 31% to $16.7 million, or 33 cents a share, from $24.1 million, or 49 cents a share, a year earlier. Excluding 12 cents a share in restructuring
BMC Appoints Head of Sales, Marketing
BMC Trading Company, the Swiss cycling company, appointed Frank Aeschbacher as head of sales. For the last seven years Aeschbacher headed action sport and sporting goods companies in the United States…
Worth Signs Monica Abbott to Multi-Year Endorsement Deal
Worth Sports signed Olympic Medalist and pitcher for the National Professional Fastpitch's Florida Pride, Monica Abbott, to a multi-year contract…
Under Armour VP of Apparel Resigns
Under Armour said Suzanne Karkus, its SVP of apparel and an executive, plans to resign to pursue other interests. According to a filing with the Securities & Exchange Commission, her resignation will be effective Feb. 16, 2010. Matt Mirchin, SVP of sales
Visant Acquires Rock Creek Athletics
Visant Corporation has acquired Rock Creek Athletics, a manufacturer and distributor of wool letter jackets with operations in Grinnell, Iowa. Terms were not disclosed…
Tefron Appoints CEO
Tefron Ltd., a producer of seamless intimate apparel and engineered-for-performance (EFPTM) active wear, appointed Amit Meridor as its CEO, effective Jan. 21…
AAFA Launches Industry Haiti Reconstruction Task Force
The American Apparel & Footwear Association (AAFA) has created the Haiti-AAFA Recovery and Reconstruction Team (HARRT), a member-led task force that will provide key apparel, footwear, and textile industry insight as relief operations continue andvreconst
FTC Expected to Detail Greenwashing Guidelines
The Federal Trade Commission is expected to toughen enforcement and environmental guidelines around “greenwashing” when it updates its environmental marketing guidelines for the first time since 1998, according to a report in the New York Times…
Outdoor Foundation Releases Youth Study
The Outdoor Foundation released a Special Report on Youth, a new research report detailing youth participation in outdoor recreation. The report reveals, among other findings, that nearly 60% of American youth ages 6-24 participate in outdoor recreation.
La Sportiva Names 2010 Running Team Roster And Associate Sponsors
La Sportiva N.A. announced its Mountain Running team roster and associate sponsors for 2010. Greenlayer will serve as the official apparel sponsor of the La Sportiva team…
True Love and False Idols Appoints Marketing Chief
Jim Shubin has been hired as the new VP of sales and marketing for True Love and False Idols, which recently was licensed under the La Jolla Group. Effective immediately, Shubin will report to Toby Bost and Bill Bussiere, LJG's CEO and president resp
Hanesbrands Donates 2,000 Tents to Haiti
Hanesbrands Inc. is sending 2,000 tents to employees of its contract sewing operations affected by the Haiti earthquake last month…
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