Ashworth, Inc. saw its fourth consecutive quarterly net loss going back to the fiscal fourth quarter of 2006 in its fiscal third quarter ended July 31. The troubles for the apparel vendor started at the top as a mid-singles decrease in net sales started
Category: Outdoor
G-III Sports Licensing Showing Modest Growth…
G-III Apparel Group reported that its sports licensing division is growing sales in the low-single-digits so far this year, helped by strength in MLB product and across its women's categories. Excluding a lost tier of distribution in the NFL business
More From the Floor: SEW Talks Education with the PGA…
As player participation is forecasted to steeply increase in the coming years with baby boomers moving into retirement, Brian Whitcomb, president of PGA America, sat with SEW to talk about the future of golf, both in those playing and those working in the
Sports Direct Acquires 9% Stake in Umbro; Reiterates Guidance…
Sports Direct, the U.K. sporting goods chain, has acquired a 9% stake in Umbro, and also reiterated guidance for the current year. A notification to the stock exchange revealed Sports Direct now holds 13.2 million Umbro shares…
Marc Ecko To Auction Off Bonds Ball to Public
Marc Ecko announced his acquisition of Barry Bonds' 756th home run ball and his plans to allow the public to determine its fate. Beginning on Tuesday, the public can go to www.vote756.com and choose to (a) give the ball to the Hall of Fame in Coopers
U.S. Slowdown Hurts Mainland Headwear…
Mainland Headwear H1 turnover was HK$255.1 million ($32.7 mm) representing a drop of 20% when compared with the same period last year. The decrease in turnover was mainly attributable to the Group’s disposal of its subsidiary Drew Pearson Marketing Inc. i
Samsung and EOC launch Youth Anti-Obesity Program in Europe
Samsung Electronics Europe announced their collaboration with the European Olympic Committees (EOC) in launching the Youth Anti-Obesity program. This prestigious partnership will see Samsung and the EOC (the representative organisation for the 49 European
Lululemon Sees Strong Gains in First Quarter as Public Company…
Lululemon’s first quarter as a public company exceeded internal projections and analysts’ expectations as corporate-owned retail sales were up 98% for the second quarter of 2007 to $53.1 million, or 90.5% of overall sales. This top-line increase was driv
Altrec.com Hires Affiliate Manager
Altrec.com, the e-retailer of high-end outdoor equipment and apparel, announced the appointment of Sharon Page as the new Affiliate Manager, as well as a major upgrade to its affiliate programs. New upgrades to the program include a completely new commiss
Genesco Shareholders Approve Acquisition by Finish Line
Genesco Inc said its shareholders voted to approve the acquisition of the company by Finish Line Inc at a special meeting on Monday. About 73 percent of the shares present and voting at the special meeting voted in favor of the proposed deal…
Cabela’s SVP Retail/Real Estate Resigns
Cabela's Inc. announced that Lynn P. Ferguson has resigned his position as Senior Vice President of Retail Strategy and Real Estate Development for family and personal reasons. Ferguson had been Cabela's SVP of Retail Strategy and Real Estate De
Andre Agassi sues Target
Former professional tennis legend Andre Agassi has sued Target Corp. for allegedly illegally using his name on more than 52,500 pairs of “Agassi” sandals sold at its stores nationwide and through Internet retailer Amazon.com. The sandals are sold under th
Signature Eyewear Inks New Credit Line
Signature Eyewear, Inc. announced that it has entered into a 30-month $4.8 million revolving line of credit with Comerica Bank. The facility replaces the company's term loans with Home Loan Investment Corporation…
Chicago Fleet Feet Opens State-of-the-Art Store
Fleet Feet Sports announced they will open an 8,000 square foot store in downtown Chicago in December 2007. Fleet Feet Sports will be moving the store currently located at 210 W. North Avenue around the corner to 1620 N. Wells Street. The store will still
SIA Appoints Carey Chairman of the Board
SnowSports Industries America has appointed Mike Carey as Chairman of the Board. Additionally the association named two seasoned veterans from the snow sports industry to director positions to fill vacancies until the next election. Carey, who has owned S
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal