SGB Update Apparel
Nike to Sponsor Manchester City
Nike Inc. and Manchester City Football Club announced a new partnership that will see the sponsorship of the Club move from Umbro to the Nike brand from the start of the 2013/14 season…
Ross Stores Reports April Same Store Sales Gain of 7 Percent
Ross Stores, Inc. reported that sales increased 11 percent to $725 million for the four weeks ended April 28, 2012, up from $651 million for the four weeks ended April 30, 2011. Comparable store sales for the month grew 7 percent on top of a very strong 1
Nordstrom’s Comps Jump 7.1 Percent in April
Nordstrom, Inc. reported a 7.1 percent increase in same-store sales for the four-week period ended April 28, 2012 compared with the year-ago period. Preliminary total retail sales of $802 million for April 2012 increased 10.5 percent compared with total r
Outdoor Industry Volunteers Set to Converge Friday at Marin County Park
The Conservation Alliance and member companies The North Face, Marmot, CamelBak, Clif Bar, and REI will partner Friday May 4 with Marin County Parks to remove invasive plant species from the Terra Linda Sleepy Hollow…
TaylorMade-Adidas Golf Boasts 32 Percent Q1 Revenue Gain
TaylorMade-Adidas Golf announced record sales of $508 million globally in the first quarter of 2012, a 32 percent increase on a currency-neutral basis over the prior year. TaylorMade's statement came out the same day that its parent, Adidas Group, po
Virginia Tech Releases Football Helmet Safety Ratings
A football helmet safety ratings evaluation conducted by Virginia Tech has ranked adult football helmets for their ability to reduce the risk of concussion. The 2012 ratings were released on May 1, and three helmets received the highest mark of 5-stars: t
Gildan to Acquire Anvil Knitwear
Gildan Activewear Inc. has signed a definitive agreement to acquire 100 percent of the common shares of Anvil Holdings, Inc., the parent of Anvil Knitwear, for a total purchase price of approximately U.S. $88 million. Anthony Corsano, president and CEO of
Gildan’s Q2 Earnings Down 56 Percent on Effects of High Cotton Costs
Gildan Activewear Inc. reported a 56 percent drop in quarterly earnings, as net earnings were $26.9 million, or 22 cents per diluted share, for its second fiscal quarter ended April 1, compared with net earnings of $61.7 million, or 50 cents per diluted s
Skullcandy’s First Quarter Earnings Increase on Strong Sales
Skullcandy Inc. reported that its first quarter net income for the three months ended March 31 rose 6 percent to $1.1 million, or 4 cents per share, from $1 million, or 8 cents per share, last year. Revenue rose 48 percent to $53.3 million from $36 millio
Sports Authority Supports Skin Cancer Awareness Month
Sports Authority has teamed up with the Melanoma Research Alliance (MRA) in recognition of May's Skin Cancer Awareness Month for the second year in a row…
OBIT: Klaus Lenhart, CEO of Leki
Klaus Lenhart, owner of Leki poles, died in a plane crash on Monday. He was 56 years old…
March Golf Rounds Continue Strong
According to Golf Datatech, golf rounds played on a national level were up 29.5 percent in March 2012 over March 2011. The biggest regional jumps came in the Mid Atlantic, New England, East North Central, and West North Central…
Escalade Sports Signs Distribution Agreement With U.K.’s Air Structures International
Escalade Sports has signed an agreement with Air Structures International of the U.K. to become the exclusive North American Distributor of iGoal Inflatable Soccer Goals and iLite, an inflatable, portable outdoor floodlight…
Candian Tire Charity Launches $2M Fundraiser
Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa
Wolverine Acquires Collective Brand’s PLG Brands for $1.23 Billion
Wolverine Worldwide has agreed to acquire Collective Brands' Performance + Lifestyle Group (PLG), which includes the wholesale and retail operations of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.23 billion. Investment firms Bl
