Author: Thomas J. Ryan

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

Diadora Licenses Soccer in the U.S.

October 31, 2009 SGB Update

Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin

Timberland’s Q3 Earnings Climb 23.1%

October 29, 2009 SGB Executive SGB Update

The Timberland Co. reported revenues in the third quarter were relatively flat at $421.8 million compared to the prior year but was up 1.7% on a constant dollar basis, reflecting strong growth in the boots business in Europe and SmartWool brand offset by

CIT Secures $4.5 Billion Credit Facility

October 29, 2009 SGB Update

CIT Group Inc obtained $4.5 billion of additional financing from its creditors as it seeks to complete a debt exchange. The new financing, which adds to a $3 billion loan arranged in July, is being provided by a group of lenders including some of CIT&#039

Marker Völkl USA Collaborates with Gibson Guitar

October 29, 2009 SGB Update

Marker Völkl USA, distributor of Völkl skis and Marker bindings, has partnered with Gibson Guitar Corporation to produce a series of unique electric guitars.Marker and Völkl themed guitars will be produced in Gibson`s Custom Shop in Nashville, Tenness

Big Rock Sports Opens East Coast Distribution Center

October 29, 2009 SGB Update

Big Rock Sports opened the doors of their newly completed 310,000 square foot warehouse in Hamlet, NC on October 21st. Over 150 people gathered to celebrate the official grand opening of the Henry’s Distribution Center, which has been operational in

Mill Mountain Conservation Easement

October 29, 2009 SGB Update

Virginia Governor Timothy M. Kaine highlighted the Virginia Outdoors Foundation’s approval of 17,000 acres throughout Virginia to be placed under conservation easement…

Volcom’s Q3 Revenues Drop 15.9%

October 29, 2009 SGB Update

Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ

Volcom’s Q3 Revenues Drop 15.9%

October 29, 2009 SGB Update

Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ

Brunswick 3Q Loss Narrows on Lower Charge

October 29, 2009 SGB Update

Brunswick Corp. reported sales for the third quarter of 2009 of $665.8 million, down from $1.04 billion a year earlier. For the quarter, the company reported an operating loss of $109.4 million, which included $28.8 million of restructuring charges. In th

Unifi’s Q1 Profit Highest in Seven Years

October 29, 2009 SGB Update

Unifi reported net income of $2.5 million or $0.04 per share for the first quarter of the 2010 fiscal year compared to a net loss of $6.3 million or $0.10 per share and a net loss of $676 thousand or $0.01 per share for the June 2009 and September 2008 qu

KARHU Extends European Distribution

October 29, 2009 SGB Update

KARHU, Finland's running brand announced that it is expanding in Europe. On the heels of launching award-winning Fulcrum footwear in N. America in 2009, KARHU will soon be available in the Finnish, German, Austrian and Italian markets in Spring 2010.

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