Shoe Carnival, Inc. announced the successful completion of a new revolving credit facility. The new credit agreement provides for up to $50 million in loans and commercial and standby letters of credit through April 30, 2013…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Ritchey Design Appoints North American Sales Director
Ritchey Design, Inc. promoted Kendall Young to the newly created position of North American director of sales for both Ritchey and Syncros brands…
Spyder Names European Merchandiser
Fashion and outerwear industry veteran Loredana Venturi has been named Spyder's European Merchandiser. Her responsibility is to identify and articulate trends in fashion, price points, brands and retailers throughout Europe and communicate her findin
Backcountry.com the Official Online Gear Partner of the U.S. Ski Team
Backcountry.com has become the official Online Gear Partner of the U.S. Ski Team. The company will also power the U.S. Ski Team's online shop at http://shop.usskiteam.com…
Mountain Khakis to Sponsor GamJams Cat 3 Cup
Mountain Khakis announced their title sponsorship of the 2010 GamJams Cat 3 Cup bicycle racing series. The 20-race series in the Mid-Atlantic region starts in March…
Callaway Golf Posts $18.2MM Q4 Loss, Currency-Neutral Sales Increase 3%
Callaway Golf reported fourth-quarter sales increased 9% to $186 million from $171 million a year ago. On a currency neutral basis, sales grew 3%. Net losses widened to $18.2 million, or 29 cents a share, from $3.2 million, or 5 cents, a year ago. On a pr
Cyberknit and Agion To Launch Performance Fabrics Line
New York City-based Cyberknit, a manufacturer of performance fabric for sports, fitness and tactical markets, has partnered with Wakefield, Mass-based Agion Technologies Inc. to offer a new line of fabrics featuring Agion Active dual-action anti-odor tech
Cabela’s Sponsors Four Whitetails Unlimited Programs
Cabela's will continue their nearly decade-long support of Whitetails Unlimited by sponsoring four different WTU programs in 2010…
Manhattan Beachwear Sells Majority Stake
Cypress, Calif.-based women's swimwear maker Manhattan Beachwear sold an 80% stake to Linsalata Capital Partners, a Cleveland-based private equity firm. Manhattan Beachwear, which licenses the Kenneth Cole, Hermanny by Vix, Sofia by Vix, Hobie and Sp
Under Armour to Open First Outlet Store in the Pacific Northwest
Under Armour plans to open its first outlet store in the Pacific Northwest at the Woodburn Company Stores in Woodburn, OR, in March. According to The Oregonian, the Under Armour Factory House will be nearly 6,000 square feet stocked with workout wear for
Former Lucy CEO To Head Borders
Mike Edwards, former head of Lucy, was appointed as interim chief executive of Borders Group Inc. following the departure of CEO Ron Marshall…
Backcountry.com Exec Joins Rue La La
Jeffrey Snyder, most recently vice president of merchandising and planning at Backcountry.com, has been hired as senior vice president and general merchandise manager of Rue La La. Snyder will oversee all aspects of the company's men's division,
Golf Club Counterfeiter Sentenced to Seven-Month Jail Term in Shanghai
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reports that the Shanghai Huangpu District People's Court has sentenced a retail shop owner, Fan Chaokui, to serve a seven month jail term and pay a fine after being convicted of selling c
Nike Releases Corporate Responsibility (CR) Report
Nike Inc released its fiscal 2007 to 2009 Corporate Responsibility (CR) report which outlines the next evolution of its CR strategy from a risk management, philanthropic and compliance model to a long-term strategy focused on innovation, collaboration, tr
New Balance Signs Endorsement Deal with Olympian
New Balance Athletic Shoe Inc. signed Jenny Barringer, who competed for the United States in the 3,000-meter steeplechase race at the 2008 Beijing Summer Olympics, to a multi-year endorsement deal…