Nexcen Brands Amends Credit Agreement
NexCen Brands, Inc., the parent of The Athlete's Foot, on March 30 amended its existing bank credit facility with BTMU Capital Corporation. The Ninth Amendment extended from March 31, 2010 to April 30, 2010 the trigger date on which BTMUCC would be e
Boa Technology Granted Injunction Against Rong Jou
Boa Technology Inc. announced that the Regional Court of Munich, Germany, granted a preliminary injunction against Rong Jou Ent. Co Ltd., a Taiwanese company doing business under the name A TOP. The court prohibited Rong Jou from importing, selling, or of
Forty Seven Brand Expands Retail Presence
Forty Seven Brand, formerly Twins Enterprises, has added five new retail stores to Major League Baseball Stadiums. The new Forty Seven Brand stores are being opened in partnership with the following teams/parks. Anaheim Angels, Atlanta Braves, Cincinnati
Titleist Wins Decision in Pro V1 Patent Dispute with Callaway
Acushnet, which makes Titleist golf balls, said it won a long-running golf ball patent dispute with Callaway Golf Co. Callaway had asserted that certain Titleist golf balls had infringed on four patents originally owned by Spalding and later purchased by
Jordan Brand’s Launches Educational Grant Program for 2010/2011
Jordan Brand, a division of NIKE, Inc., announced the opening of its grant cycle for its Jordan Fundamentals Grant Program for the 2010-2011 school year. The program awards $1 million annually to teachers across the country who motivate and inspire studen
Backcountry.com Promotes Jill Layfield to COO
Backcountry.com has promoted Jill Layfield to the chief operating officer, a new position. Formerly vice president of product management, Layfield will be responsible for managing the day-to-day operations of Backcountry and will ensure that their strateg
March’s Consumer Confidence Index Rebounds
Consumer confidence rose to 52.5 in March from 46.4 in February. Analysts surveyed by Thomson Reuters had expected a reading of 50…
2010 Brand Strength Index: Nike Leads But Adidas Closes Gap
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy. The Brand Strength Index was originally formulat
Yue Yuen’s Q1 Sales Dip 3.2%
Yue Yuen Industrial (Holdings) Limited said revenue declined 3.2% in the first quarter ended Dec. 31, to U.S.$1.32 billion while profit attributable to equity holders increased 10% year-on-year to $120.2 million…
SportsOneSource 2010 Brand Strength Report Sees the Strong Get Stronger in a Tough Economy
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy…
The Finish Line Swings to Fourth Quarter Profit; Blows Past Wall Street Estimates
The Finish Line’s revenues rose 8.9% to $374.5 million in their fiscal fourth quarter ended February 27, propelled by a 10% same-store sales hike on the strength of the running and toning categories…
REI Doubles Profits on Flat Sales in 2009
Recreational Equipment, Inc. released audited financial statements confirming that its net income more than doubled to $29.8 million from $14.5 million in the prior year…
Phillips-Van Heusen Swings to Q4 Profit on Calvin Klein Brand
Bolstered by global brand strength in its Calvin Klein label, apparel maker Phillips-Van Heusen reported fourth quarter earnings that exceeded Street expectations…
Adidas Agrees to Contract with NBA Europe
In preparation for the 2010-11 NBA season, Adidas AG has extended its agreement with the league, granting the company exclusive rights to all apparel in Europe…
SportsOneSource Announces 2010 SGB 40 Under 40 Award Recipients
The honorees for the annual SGB 40 Under 40 awards have been selected and once again include some of the brightest young stars in the sporting goods industry…
