USA Football to Award $1 Million in Grants

USA Football, the sport's national governing body on youth and amateur levels, announced that it will award $1 million in equipment grants to youth and high school football programs across America this fall based on merit and need. Its national partn

Escalade Amends Bank Agreement

Escalade, Inc. said it entered into a second amendment to Escalade's Credit Agreement with its issuing bank, JPMorgan Chase Bank, N.A., according to a filing with the Securities & Exchange Commission…

Nike Extends Nike+ Technology to Soccer

Nike, Inc. unveiled what it described as “a unique digital coaching experience” called Nike Soccer+, launched alongside the new CTR360 Maestri boot.A unique user-code that comes with every pair of the boots allows access to exclusive training content from

Nike Denies it Re-Signed Michael Vick

Nike Inc. is denying a report that it signed Michael Vick to an endorsement contract. The Associated Press had said that the endorsement deal was announced during a panel discussion at the Sports Sponsorship Symposium by Michael Principe, the managing dir

Heelys’ New CEO Elected to Board

Heelys Inc. said it has elected current CEO and President Thomas Hansen to its board of directors, according to a filing with the Securities & Exchange Commission…

Iconix Brand Group Lowers 2009 Guidance

Iconix Brand Group, Inc. is revising its full year 2009 revenue guidance to a range of approximately $215-$220 million from prior guidance of a range of $223-$230 million. On a comparative basis, this revised revenue guidance for 2009 represents an increa

Blacks Leisure to Close 89 Stores

Blacks Leisure, the U.K. outdoor chain, announced plans to close 89 stores across the group that have not “traded profitably for years”. The firm, which operates Millets, Blacks and O'Neill shops, also said it plans to lay off 50 employees at its Nor