The holiday print and digital campaign for NIKE Livestrong will feature professional triathlete and cancer survivor, Laurel Wassner, alongside seven-time Tour de France winner Lance Armstrong, World Champion runner Sanya Richards, major leaguer Jon Lester
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Johnson Outdoors Slashes Loss, Sales Decline 20%
Johnson Outdoors Inc. cut its loss from continuing operations to $14.2 million, or $1.55 a share, from a loss from continuing operations of $73.5 million, or $8.07, a year ago. While restructuring costs accounted for more than half of the reported operati
NRF Disappointed by Senate Health Reform Bill
The National Retail Federation expressed disappointment in the Senate health care reform bill introduced by Majority Leader Harry Reid, D-Nev…
Shoe Carnival’s Q3 Earnings Nearly Triple
Shoe Carnival, Inc. reported sales for the third quarter increased 12.6% to $191.5 million from $170.1 million a year ago, and jumped 10.2% on a same-store basis. Net earnings surged 188% to $7.5 million, or 59 cents a share, from $2.6 million, or 21 cent
Dick’s SG’s Q3 Earnings Increase Three-Fold, Comps Rise 1.9%
Dick's Sporting Goods, Inc. reported third-quarter earnings tripled to $18.9 million, or 16 cents per diluted share, from $6.2 million, or 5 cents per share. Results exceeded estimated earnings expectations provided on Aug. 20 of 4 to 7 cents a share
Timberland Names VP, North America Wholesale Sales
The Timberland Co. promoted Mike Noonan to VP of North America wholesale sales. In this role, he will lead the sales operations for Timberland's wholesale customers throughout North America. Departments reporting to Noonan will include field sales –
Hibbett’s Q3 Earnings Rise 15%; Comps Dip 0.2%
Hibbett Sports, Inc.'s sales increased 4.1% for the 13-week period ended Oct. 31, to $145.9 million compared with $140.1 million a year ago. Comps decreased 0.2%. Net income advanced 14.7% to $8.8 million, or 30 cents a share, from $7.7 million, or 2
RECALL: Salomon Ski Bindings
About 10,000 alpine ski bindings from Salomon USA are being recalled. The toe component of the ski bindings could fail to fully secure the ski boot to the ski binding, causing the binding to release unexpectedly. This could cause the skier to lose control
Evolv Names Creative Director
Evolv, the climbing shoe brand, has added the artist Jeremy Collins to its management team in the role of creative director…
Nike Increases Dividend by 8%
Nike Inc. announced that its board of directors has declared a quarterly cash dividend of 27 cents per share on the company's outstanding Class A and Class B Common Stock…
Acushnet Receives ‘Beacon for Energy’ Award
Acushnet Company, which is comprised of the Titleist, FootJoy and Cobra Golf brands, was named the recipient of the first Massachusetts Department of Energy Resources (DOER) “Beacon for Energy” award…
Cybex Names VP to Find Financing Partners
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…
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…