New Era Launches ‘Spike Lee Joint’ Collection

New Era Cap Co., Inc. will be expanding its relationship with filmmaker and devoted New York sports fan Spike Lee with the launch of a new series of exclusive caps dubbed the “Spike Lee Joint” Collection. The new “Spike Lee Joint” series will feature one

CNBC to Broadcast Hour Long Documentary on Nike

CNBC will premiere, “Swoosh! Inside Nike,” on Tuesday, February 12th at 10PM & 1AM ET. The hour long documentary, reported by CNBC sports business reporter Darren Rovell promises to gives viewers “unprecedented access to a major public company.”…

Aldila Signs Credit Facility

Aldila, Inc. announced that it has signed a credit facility with Key Bank National Association for up to $15 million in borrowings. It plans to use borrowings, plus funds on hand from its previously announced sale of its 50% interest in Carbon Fiber Techn

Nike Adds VP of Footwear Design

Nike, Inc. has named Peter Hudson as VP of footwear design, responsible for inspiring, directing, and developing Global Footwear Design for the Nike brand. He will report to Sandy Bodecker, Nike’s VP of global design and Eric Sprunk, Nike’s VP of global f

Recession Fears Trigger Weaker January Retail…

January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co

Wolverine Adds Gerber to Board of Directors

Wolverine World Wide, Inc. appointed William K. Gerber to the company's Board of Directors. Mr. Gerber has not been appointed to serve on any committees of the company's Board of Directors…

Recession Fears Trigger Weaker January Retail…

January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co

Adams Golf Shareholders Approve Reverse Split

Adams Golf, Inc. stockholders approved at a special meeting of its stockholders February 4, 2008 an amendment to the company’s certificate of incorporation to effect a one-for-four reverse stock split of the outstanding shares of the company’s common stoc

Allied Capital Commits $68 Million to Augusta Sportswear

Allied Capital Corporation said it has invested $68 million of secured second lien debt plus a minority equity co-investment to support the buyout of Augusta Sportswear Group by private equity firm Quad-C Management. As reported, Linsalata Capital Partner

Sun and Ski Upgrades Online Product Reviews

Sun & Ski Sports has chosen PowerReviews to collect, organize, structure and moderate customer product reviews on its Web site. The 15-store retail chain's e-commerce site advertises 1,000 SKUs from 100 brands…

Raleigh to Take Top Dealers to China

Raleigh USA recognized its top 25 Raleigh and Diamondback bicycle dealers for 2007 and said it would take them on a tour of its production facilities in China Feb. 23 through March 1.The itinerary includes visits to the cities of Shanghai, Guangzhou and H

Luxottica Expects to Exceed €6.1 billion by 2009

Luxottica Group S.p.A. expects to exceed €6.1 billion in consolidated sales for fiscal year 2009, assuming an average exchange rate of 1 euro = US$1.45, reflecting an increase of 27% at constant exchange rates from fiscal year 2007. Consolidated sales for

Callaway to Produce St Andrews Links Accessories

Callaway Golf has agreed to a five-year worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership, brokered by Copyright Promotions Sport on behalf of St Andrews Links, will allow the world famous St Andr