SGB Executive

Li Ning to Unveil First U.S. Retail Location

Li Ning, the Chinese athletic apparel and footwear company, on Feb. 15 will unveil its first U.S. retail store and showroom located in the heart of Portland's Pearl District. Sponsored athlete Baron Davis of the Los Angeles Clippers will be on hand

GSI Commerce Raises 2010 Earnings Guidance on 9.9% Q4 Sales Gain

GSI Commerce Inc. reported income from operations rose 10.5% to $47 million on a 9.9% increase in net revenues to $430.2 million in the fourth quarter ended Jan. 1. The company, which provides e-commerce, marketing and fulfillment services to national ret

Two Bikestations to Open in California

Bikestation, which operates bike-transit centers, is opening its latest locations in the cities of Claremont and Covina in California this month. Since Bikestation Claremont is on the same transit line and shares the same access technology as Bikestation

Intense Cycles Names General Manager

Chris Allen joined Intense Cycles in December as its general manager. Previously, he worked for GT and Shimano during his 35 years in the industry and most recently spent two years at Crankbrothers…

Jones Apparel Narrows Q4 Loss

Jones Apparel Group Inc., the owner of Nine West, reported a loss of $130.4 million, or $1.53 a share, in the fourth quarter, compared with a year-earlier loss of $822.9 million, or $10.08 a share. The latest results included just $150 million in write-do

Merrell to Title Sponsor Down and Dirty National Mud Run Series

Merrell and Michael Epstein Sports Productions, Inc. (MESP) announced a multi-year partnership of Merrell as title sponsor of the Down & Dirty National Mud Run Series. As title sponsor, Merrell has exclusive rights to apparel and footwear for the national

Veltec Sports to Distribute Lake Cycling Shoes

Veltec Sports began its exclusive distribution of Lake cycling shoes on Feb. 1. Lake joins Descente, Shebeest, Vredestein, Prologo and Enervit Veltec Sports premium brand cycling portfolio…

European Outdoor Group Restructures Board

Members of the European Outdoor Group (EOG), which has played a lead role in opposing EU duties on imports of Asian footwear, elected Monday a new president and agreed to restructure their board to better represent the growing diversity of the industry. A

R.G. Barry Sees 34% Profit Gain

R.G. Barry Corp., which owns the Terrasoles brand, reported its profit climbed more than 34% in its fiscal second quarter, to $8.2 million, or 74 cents per share, compared with $6.1 million, or 56 cents per share, in the same quarter of the prior year. Sa

Ping Chairman Adresses Controversy Over Wedges

Ping chairman John Solheim answered accusations that its Ping Eye 2 wedges are illegal for use on the PGA Tour. In a statement, Solheim said the PGA Tour is bound by the 1993 settlement allowing Ping Eye 2 wedges…

Tefron Appoints CEO

Tefron Ltd., a producer of seamless intimate apparel and engineered-for-performance (EFPTM) active wear, appointed Amit Meridor as its CEO, effective Jan. 21…

Lubbock’s Famous Brands Closes

Famous Brands Shoes of Lubbock, TX, closed its doors in mid-December. The women's shoe store filed a liquidation petition with U.S. Bankruptcy Court in Texas…

Visant Acquires Rock Creek Athletics

Visant Corporation has acquired Rock Creek Athletics, a manufacturer and distributor of wool letter jackets with operations in Grinnell, Iowa. Terms were not disclosed…