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,
Category: Sports/Fitness
Globe International Warns of Fiscal H1 Loss
Globe International expects to report an estimated EBITDA loss from operating activities for the half year ended December 31 2008. The company said that the loss, estimated to be in the range of A$5.0 million to A$6.0 million, was based on preliminary un
Report: Online Sales Decline in Fourth Quarter
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
A4 Adding Performance to Product Line
A4 is reporting that it will upgrade all garments in their collection to include moisture management and stain release technologies. A4 said they were answering the retailers call for better prices and comfort in on-field gear. The upgrade will take pla
Twins ’47/Banner ’47 Strengthens Sales Force
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…
GSI Commerce Posts 16.8% Q4 Sales Gain
GSI Commerce reported fourth-quarter revenues grew 16.8% to $391.4 million from $335.1 million. Net revenues from product sales grew 9.8% to $244.8 million from $223 million while service fee revenues jumped 32% to $146.6 million from $112 million…
I/O Bio Adds New Sales Reps
I/O Bio, manufacturer of natural merino wool urban/base layers, has added to their arsenal of sales professionals with the addition of Morrison Sports Marketing in the hybrid Mid-East region…
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
Nike to Lay Off Up to 4% of Employees
Nike Inc. plans to eliminate up to four percent of its nearly 35,000 people worldwide workforce as part of a restructuring and cost-cutting initiative. The company called it the “next stage of its category business model execution, which includes the rest
Wall Street Shrugs Off Tough January Retail
The retail results for January and the retail fourth quarter apparently lived up to low expectations as Wall Street shrugged off both the negative comp store sales results and the loss of more than 625,000 jobs during the month…
Oil, Gas Leases in Utah Cancelled
U.S. Secretary of Interior Ken Salazar said that the department is canceling 77 oil and gas leases in Utah issued in the final days of the Bush Administration. The decision means that more than 100,000 acres of Utah wild lands and recreation destinations
University of Wisconsin-Madison Cuts Ties with Russell
The University of Wisconsin-Madison plans to cut ties with Atlanta-based Russell Athletic over questions regarding its labor practices at a shuttered plant in Honduras, reported the Atlanta Journal Constitution…
Costco Comps Slip 2% in January
Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw
Neiman Marcus January Comps Drop 25.8%
In the four-week January period, comparable revenues in Neiman Marcus' Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 25.8%. The company experienced weakness across all geographies and merchandise
Dick’s SG Comps Fall 8.6%; Will Take Impairment Charge
Dick's Sporting Goods, Inc. expects to record a pre-tax impairment charge in the range of approximately $165 million to $180 million that will decrease net income by $144 million to $153 million, or approximately $1.29 to $1.37 per diluted share in f
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