Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

RECALL: Century 21 Promotions Sweatshirts

November 18, 2009 SGB Executive SGB Update

Century 21 Promotions, based in Seattle, is recalling about 17,000 hooded children’s sweatshirts and jackets due to a potential strangulation hazard, the U.S. Consumer Product Safety Commission said Wednesday. No injuries have been reported…

Adidas to Make Euro 1 Sneakers

November 18, 2009 SGB Update

Adidas has reached an agreement to make €1 sneakers for millions of people around the world who cannot afford to buy shoes, with pilot production to begin next year in Bangladesh. The move, according to the Daily Telegraph, was inspired by Banglades

Nike Tops Annual Climate Action Scores

November 18, 2009 SGB Update

Nike has topped Climate Counts' third annual corporate climate performance scorecard with 83 points (out of a possible 100) for the second year in a row. Stoneyfield Farm followed closely with 81 points. Unilever received 80 points. The climate perfo

Study Questions Wii Fit Benefits

November 18, 2009 SGB Update

The American Council on Exercise (ACE) released the results of a study questioning the benefits of Nintendo’s Wii Fit. Researchers found the energy expended from Wii Fit exercises fell below physical activity guidelines set by the American College o

Phoenix Footwear’s Q3 Revenues Slide 32%

November 17, 2009 SGB Update

Phoenix Footwear Group, Inc. reported a net profit of $60,000, or 1 cent a share, in the third quarter compared with a a net loss of $2.1 million, or 26 cents a share, for the third quarter of fiscal 2008…

Champion Launches Winter Olympic’s Campaign

November 17, 2009 SGB Update

Champion Athletic Apparel, through a partnership with Universal Sports, has teamed up with six U.S. Winter Olympic athletes to star in a series of motivational videos that explore their dreams and goals by answering the question, “What's your Everest

Pou Sheng Expects FY09 Loss

November 17, 2009 SGB Update

Pou Sheng International (Holdings) Ltd., the retail arm of footwear maker Yue Yuen Industrial (Holdings) Ltd., said it expects to swing to a net loss in the fiscal year ended Sept. 30. The company attributed the net loss to narrower profit margins on Conv

Aldila Says Plant Closing to Cost $212,000

November 17, 2009 SGB Update

Aldila, the designer of golf shafts, said it expects the total estimated cost of closing its Tijuana production facility will be $212,000, according to a filing with the Securities & Exchange Commission…

Rossignol Names IMG Licensing Agent

November 17, 2009 SGB Update

Rossignol, the snow, ski and mountain brand formerly owned by Quiksilver, announced its partnership with IMG Worldwide for the licensing of its brand in a select number of carefully managed categories…

Jackson Kayak Names VP of Sales

November 17, 2009 SGB Update

Jackson Kayak recently promoted Marty Cronin to vice president of sales for both the whitewater and recreation/touring divisions. Cronin, who has been with the company since its inception, formerly held the post of vice president of sales and marketing of

Diesel USA Chief to Head Lacoste USA

November 17, 2009 SGB Update

Devanlay S.A., the Paris-based holder of the worldwide manufacturing and distribution license for LACOSTE apparel, announced the appointment of Steve Birkhold, formerly head of Diesel USA, as CEO of its US subsidiary effective Jan. 4, 2010. The current Pr

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