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
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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
Intense Cycles Names General Manager
Chris Allen joined Intense Cycles in December as its general manager. Previously, he worked for GT and Shimano during his 35 years in the industry and most recently spent two years at Crankbrothers…
Two Bikestations to Open in California
Bikestation, which operates bike-transit centers, is opening its latest locations in the cities of Claremont and Covina in California this month. Since Bikestation Claremont is on the same transit line and shares the same access technology as Bikestation
Li Ning to Unveil First U.S. Retail Location
Li Ning, the Chinese athletic apparel and footwear company, on Feb. 15 will unveil its first U.S. retail store and showroom located in the heart of Portland's Pearl District. Sponsored athlete Baron Davis of the Los Angeles Clippers will be on hand
Sinclair Imports Has Become the Distributor of SRAM Road Product.
Sinclair Imports has become the distributor of SRAM road product…
Shimano Europe Group Restructured
Shimano Europe Group has restructured its sales and marketing departments by integrating all European activities for Shimano products (Shimano, PRO and AIM brand) within one organization…
LaCrosse Footwear Plans New Danner Factory
LaCrosse Footwear, Inc. plans to move into a new Danner factory in Portland, Oregon. The new factory will be approximately 59,000 square feet, representing twice the square footage of the company's existing Portland-based factory which is being repl
Gildan Activewear to Open Distribution Center in South Carolina
Gildan Activewear will locate a new distribution center on Clements Ferry Road in Charleston, SC, with operations expected to begin in the next few weeks. Gildan expects to hire about 250 people this year for the new facility…
Orlando Magic’s Dwight Howard to Endorse Ed Hardy
Ed Hardy has signed NBA phenom Dwight Howard as an endorser. The outdoor ad campaign featuring Howard will launch during NBA All Star Weekend in Dallas and will rollout across the county in the spring…
TSA to Open in Former Joe’s Location in Issaquah
The Sports Authority plans to open a 43,000 square foot store in a former Joe's Sports & Outdoors location in Issaquah, WA, at the Town and Country Shopping Center by late spring. TSA's website shows that stores were recently opened in former Jo
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