Category: Footwear

SEC Settles DKS Insider Trading Case

February 16, 2009 SGB Update

The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to the DKS acquisition of Galyan's Trading Company in

WSA Show Can’t Live Up to Lowered Expectations

February 16, 2009 SGB Update

The WSA Show has rapidly devolved into a regional show once again – but the company that owns the show still has the floor space for a much bigger event. The empty aisles at the Sands Expo and Mandalay Bay had many wondering why show management had not c

REI 2008 Net Income Falls After Tougher Q4

February 16, 2009 SGB Update

REI said it plans to eliminate 61 full-time jobs, mostly at its Kent, WA headquarters and Sumner, WA distribution center, due to a “significant business slowdown in the final months of 2008 and continued projected weakness in 2009.”..

EORA Show Store Count Up as Companies Save Money

February 16, 2009 SGB Update

Many of the southeastern retailers who skipped OR Winter Market headed to Greenville, SC for the EORA/SWRA trade show this week. While most of these regional shows lack the big party atmosphere present in Salt Lake City, many vendors reported that more bu

Electronic Arts Lends Names to Sports Toys

February 16, 2009 SGB Update

Electronic Arts, best known for its sports-themed video games like Madden NFL football and NBA Live basketball, is teaming up with Toy Island to create a line of athletic toys aimed at teaching kids how to play sports. The toys will use infrared sensors a

IPATH Sponsors Jamaican Surf Team

February 16, 2009 SGB Update

The Jamaica Surfing Association has attracted a sponsorship deal from IPATH, a footwear brand owned by Timberland. The contract which will run for two years in the first instance with a value in excess of a million Jamaican dollars per year includes cash,

Killerspin Signs India’s Table Tennis Champion

February 16, 2009 SGB Update

Shareth Kamal Achanta (Kamal), one of the world's top international table tennis champions, has agreed to an exclusive endorsement contract with Chicago-based Killerspin. Kamal, 26, is a native of Tamilnadu, India, and distinguished himself as the on

Report: Online Sales Decline in Fourth Quarter

February 15, 2009 SGB Update

In releasing its retail e-commerce sales estimates for the fourth quarter, comScore, Inc. said that online retail spending declined 3% versus year ago, the first recorded quarter of negative growth since comScore began tracking e-commerce spending in 2001

Twins ’47/Banner ’47 Strengthens Sales Force

February 11, 2009 SGB Update

Twins '47 headwear and Banner '47 apparel, formerly Twins Enterprise, Inc., have added two key sales representatives to oversee key territories. The new reps will cover Illinois, Indiana, Michigan, Ohio and Wisconsin…

Cleveland Golf/Srixon Forms National Advisory Board

February 10, 2009 SGB Update

Cleveland Golf/Srixon has formed a new advisory board made up of some of the most influential names in the game of golf. This new advisory board’s principal role will be to offer guidance pertaining to all Cleveland Golf/Srixon brands. They will offer adv

Cybex Posts Loss After Charge

February 10, 2009 SGB Update

Cybex International, Inc. reported sales in the fourth quarter dropped to $39.3 million from $44.5 million a year ago. The company reported a net loss for the fourth quarter of 2008 of $10.9 million, including an $11.3 million goodwill impairment charge,

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