U.S. Senator Charles E. Schumer announced he has made a direct appeal to National Basketball Association Commissioner David Stern asking him to terminate the leagues contract with the adidas company if it doesn’t scrap plans to ship its game-day jer
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Louisville Slugger Partners with Baseball Factory
Baseball Factory will name Louisville Slugger as the official baseball bat and fielding glove of Baseball Factory under a multi-year agreement. In addition, Baseball Factory has named Louisville Slugger as a secondary sponsor of their tournament and youth
Football Lineman at Risk for Metabolic Syndrome
Two-thirds of Division I college football linemen studied were obese, putting them at significant risk for metabolic syndrome and insulin resistance compared with players at other positions, according to new research from the American College of Sports Me
Shock Doctor Moves into Base Layer Category
Shock Doctor, Inc. announced its entry into the base layer protective category with its new ShockSkin line. Products include padded impact shirts and shorts for contact sports, including football, basketball, lacrosse and hockey…
Nike and (RED) Partner to Fight HIV/AIDS in Africa
On the day before World Aids day some of the world’s best footballers joined Bono in the United Kingdtom at an announcement of the partnership between NIKE, Inc. and (RED)…
Heelys to Pay $5.25 million to Settle IPO Suit
Heelys Inc. said a federal judge has approved a $5.25 million settlement of a class-action lawsuit arising from its 2006 initial public offering…
Zappos.com Partners with Overlay.TV
Zappos.com has partnered with interactive video firm Overlay.TV to bring its catalog of products to life through video and to transform the way customers interact with the online store…
PPR Spinning Off Stores to Focus on Fashion Brands
PPR SA is planning on selling its once-core French retail businesses – including the electronics retailer Fnac and the Conforama discount furniture stores and the mail-order catalog business Redcats – to focus on developing its fashion brands such as Yves
Birkenstock USA Partners With Soles4Souls
Birkenstock USA, LP announced a partnership with Soles4Souls, the international shoe charity. From Nov.16, 2009 through Jan. 5, 2010, participating Birkenstock retailers across the nation will be collecting donations, both monetary and of footwear, as par
Kokatat Launches Paddling Blog
Kokatat, the paddlewear and accessories company, launched its official blog: http://blog.kokatat.com. The Kokatat blog will offer readers content from Team Kokatat (sponsored whitewater and sea kayakers), Kokatat Ambassadors (supported athletes from withi
SandP Lowers Foot Locker’s Debt Ratings
Standard & Poor's lowered the debt ratings of Foot Locker Inc. one notch to B+ from BB-. The rating agency cited operational challenges due to poor same-store sales and eroding credit-protection measures…
NRF Sees 134 MM Black Friday Shoppers
According to a preliminary Black Friday shopping survey, conducted for the National Retail Federation by BIGresearch, up to 134 million people will shop this Friday, Saturday or Sunday, higher than the 128 million people who planned to do so last year. Ac
TAG Signs Factoring Pact
Total Apparel Group, Inc., a master distributor and licensee of international trademarks in the branded apparel, footwear and accessories sectors, entered into a receivables factoring agreement with Coral Capital Solutions that will expedite the cash flow
Billabong to Acquire Swell.com
Billabong International Limited announced it has entered into a conditional agreement to acquire the United States-based online boardsports retailer Swell.com (Swell). Swell, founded in 1999, is a online retailer in the US boardsport sector and sells many
Brown Shoe’s Earnings Rise, Famous Footwear’s Comps Up 4.7%
Brown Shoe Co. reported net sales decreased 1% in the third quarter to $625.6 million from $631.7 million a year ago. Same-store sales for Famous Footwear increased 4.7% during the quarter and Specialty Retail same-store sales increased 4.1%…