Cybex International, Inc., the manufacturer of premium exercise equipment for the commercial and consumer markets, announced Thomas J. Gordhamer has joined Cybex Capital as vice president…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Etonic Names Director Of Sales, Running
Etonic Worldwide named industry veteran Dave Powers as director of sales for its running division. Powers’ experience in the performance running business comes from his 17-year tenure at Saucony, where he held positions in sales management and produ
Puma Joins Climate Neutral Network of the United Nations
Puma said it will become the first major sportswear company to join the Climate Neutral Network of the United Nations Environment Program, the company announced at its 7th annual stakeholder meeting “Talks at Banz” at the Banz monastery in Ger
GSI Commerce Closes Retail Convergence Acquisition
GSI Commerce Inc. announced it has closed its acquisition of Retail Convergence Inc., a Boston, Mass.-based company that operates RueLaLa.com, a leader in the private sale space, and SmartBargains.com, an off-price e-commerce marketplace…
Russell Agrees to Rehire 1,200 Workers in Honduras
Russell Athletic has agreed to rehire 1,200 workers in Honduras who lost their jobs when Russell closed their factory soon after the workers had unionized, according to a report in The New York Times. Russell has long contended the plant was closed due to
OIA Survey: Industry Turning Cautiously Optimistic
In a survey released by Outdoor Industry Association (OIA), small businesses reported that while they are still concerned about the economy, their revenue expectations are up sharply in the past three months….
Heelys Appoints New Board Member
Heelys, Inc. announced that N. Roderick McGeachy, III has been appointed to its Board of Directors. McGeachy will also serve as a member of the Board's Audit and Compensation Committees. He is currently Chairman, CEO and President of Tandy Brands Acc
RECALL: Gander Mountain Treestands
Gander Mountain Co. is recalling about 13,000 hang-on fixed position treestands. The clasp may open unexpectedly if the strap is fastened incorrectly, causing the treestand and user to fall to the ground…
REI Snow Report Relaunches
REI (Recreational Equipment, Inc.) has relaunched the REI Snow Report with updated functionality for iPhone users. The upgrade includes a free mobile application to explore ski resort access…
New Bikes Belong Study Quantifies Recreational Road Benefits
A new study by Bikes Belong found that more than 1 million Americans participated in recreational road ride events in 2008. The total revenue from these approximately 1,700 events topped $240 million, with riders spending nearly $140 million on food, lodg
FIFA Names Laundry Detergent Sponsor
WIN Products, Inc. and Federation Internationale de Football Association (FIFA) announced a new licensing agreement that names WIN High Performance Sport Detergent the official licensed sport detergent of the 2010 FIFA World Cup…
Dillard’s Swings to Q3 Profit
Dillard's Inc. reported a third-quarter profit, reversing a year-ago loss, as lower expenses and a tax benefit boosted its bottom line and offset soft sales…
JC Penney to Stop Publishing ‘Big Book’ Catalogs
J.C. Penney will stop publishing its twice-yearly “big book” catalogs. Instead, Penney will publish specialty catalogs and focus its efforts online, on the Web site jcp.com and on social networks. In part, the company says it is responding to consumer hab
Saks Returns to Profitability
Saks Inc reported that it earned $1.9 million, or 1 cent per share, in the third quarter. The upscale chain recorded a net loss of $43.7 million, or 32 cents per share, for the prior year third quarter ended November 1, 2008…
Foot Locker Elects Ken Hicks to Additional Position of Chairman
Foot Locker, Inc. announced that its board of directors has elected Ken C. Hicks, its president and chief executive officer, to the additional position of chairman of the board, effective January 31, 2010, the beginning of its next fiscal year. He succeed
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