SGB Executive Outdoor
Dorel’s Bike Segment Grows 10.3 Percent in Q1
Dorel Industries Inc. reported sales in its Recreational/Leisure segment, which owns the Cannondale, Schwinn, GT, Mongoose and Sugoi bicycling brands, increased 10.3 percent to U.S. $200.4 million in the first quarter. Operating profits grew 17.9 percent
Henry Diamond Honored by Sec. of Interior
Secretary of the Interior Ken Salazar recently presented the Secretary of the Interior’s Lifetime Conservation Achievement Award to Henry L. Diamond, one of the architects of the Land and Water Conservation Fund, for six decades of dedicated service
Iconix Prices $275M Notes Offering
Iconix Brand Group, Inc. announced the pricing of its private offering of $275 million aggregate principal amount of 2.50 percent convertible senior subordinated notes due 2016…
Sherbrook Renews SPHL Sponsorship
Sherbrook SBK Sport Corp has renewed its official supplier agreement with the Southern Pro Hockey League (SPHL) for a period of 24 months, an agreement valued at $600,000…
Former Nike Exec to Head Dockers
Levi Strauss & Co. said that Anne Rohosy, a former Nike executive, will become president of its Dockers khakis brand. She replaces Jim Calhoun, who resigned last month to become CEO of Hurley International LLC, owned by Nike Inc…
Adidas Appoints Chief Marketing Officer for Adidas Brand
Adidas has appointed Hermann Deininger as chief marketing officer (CMO) for the Adidas brand, effective June 1. In this new role, Deininger will be responsible for all three adidas sub-brands, adidas Sport Performance, adidas Originals and adidas Sport St
Wenger’s Boulder Store Honored for Design
Wenger's Boulder, CO store has been honored as Store of the Year by the Association of Retail Environments (A.R.E.). The award recognizes the best in retail design, store fixtures and visual presentation…
Kohl’s Raises FY EPS Outlook on Above-Plan Q1
Kohl's Corp.'s first-quarter profit rose 6%, to $211 million, or 73 cents a share, up from $199 million, or 64 cents a share, a year earlier. Last week, the company said it expected per-share earnings at the high end of the forecast of 68 cents
Sport Hansa Hires First Business Development Manager
Sport Hansa has appointed Tommy Knoll to the newly created position of business development manager…
Nordstrom’s Q1 Profits Climb 24 Percent
Nordstrom Inc. reported earnings in the first quarter rose 24 percent to $145 million, or 65 cents per share, from $116 million, or 52 cents, a year ago. Nordstrom's first quarter performance was at the high end of the company's internal plans,
Payless Expands Champion Activelite Minimalist Line
Payless ShoeSource announced the continued expansion of its Champion Activelite collection featuring minimalist shoe technology. The company said by making performance runners available for $35 it would “democratize” the minimalist running craze…
Dearfoams Becomes Footwear Sponsor at Poker World Series
Dearfoams has become the Official Footwear Sponsor of the World Series of Poker (WSOP) for the 2011 and 2012 events in Las Vegas…
SRAM International Files for IPO
SRAM International Corp., the world's second largest maker of bicycle compoents after Japan's Shimano Corp., plans to go public, according to papers it filed with the Securities and Exchange Commission. SRAM S1 registration shows the company ha
Aetrex Opens First Concept Store
Aetrex Worldwide Inc. said it opened the doors to its first retail concept store in Englewood, N.J. The 2,400 square-foot store located in the heart of the town's shopping district will feature iStep Wave, Aetrex's digital foot scanning technol
Schutt Sports Bankruptcy Plan Confirmed
A federal judge has confirmed the Chapter 11 bankruptcy plan for Schutt Sports Inc. Creditors “overwhelmingly voted to accept the plan,” Chief U.S. Bankruptcy Judge Kevin J. Carey from Delaware said in his order on May 11, according to Bloomberg Businessw
