SGB Update Apparel
JD Sports Acquires Ireland’s Champion Sports
JD Sports Fashion, the U.K. retailer, has agreed to acquire the Irish store chain Champion. JD Sports also agreed to advance €17.1 million ($23.4 mm) as a secured loan to allow Champion's outstanding debts to be settled…
JJB Sports Fined For Hiding Acquisition Costs
JJB Sports was fined £445,000 ($609,000) by the U.K.'s Financial Services Authority (FSA) for misleading the market over the cost of two acquisitions…
Tax Cuts Buoyed Early January Consumer Confidence
Tax cuts appeared to buoy consumer confidence in early January, but concern over rising fuel and food costs and flat wages could undermine confidence going forward, according to the Thomson Reuters University of Michigan Surveys of Consumers released Frid
Columbia Sportswear Posts Strong Q4 Results on Solid Input from All Segments
Capping off a comeback year in 2010, Columbia Sportswear reported revenues surged 27.6% in the fourth quarter to $457.3 million. Earnings rose 13.4% to $26.2 million, or 77 cents a share for the quarter. The 19.2% full-year revenue gain to a record $1.48
Tapout Ordered to Pay Sales Rep $2.4 Million
A former Tapout sales representative who filed suit over a wage dispute was awarded $2.4 million in punitive damages by a Los Angeles Superior Court jury, according to a report in Beverly Hills Courier…
RECALL: Philandteds Jogging Strollers
Phil&teds USA Inc. of Fort Collins, CO, in cooperation with the U.S. Consumer Product Safety Commission and Health Canada, is voluntarily recalling 22,000 of its branded jogging strollers in the U.S and 7,200 sold into Canada because they pose a risk of f
Brunswick Corp. Sees Top Line Up 11% in Q4; Narrows Loss
Brunswick Corp. fourth quarter sales improved 10.9% to $728.8 million from $657.3 million in the prior-year period. The company’s net loss narrowed to $104.1 million, or $1.17 per share, compared to a loss of $124.0 million, or $1.40 per share, in t
NBS Names VP of Outdoor Division
NBS said Rand Whitney has joined the NBS Team as VP of its outdoor division. NBA said Whitney's experience in the outdoor Industry is extensive, having formerly served as vice president for High Sierra Sport Co., sales & marketing director for LaFum
Nfinity Launches Win With Heart Event
Nfinity Athletic Corporation, the maker of women's high-performance athletic team sport footwear successfully launched their first Win With Heart Event. The philanthropic foundation is a proud corporate sponsor of the Heart Truth Campaign at the 2010
Interbike Hires Marketing Director
In an effort to better serve the bike industry, Interbike announced it's bolstering its marketing department with the addition of Elayna Caldwell and the promotion of Rich Kelly. Beginning February 14, Caldwell will fill the newly created position of
Shock Doctor Partners with USA Football
Minneapolis-based Shock Doctor, the maker of mouthguards, has partnered with USA Football in the “Team USA vs. The World” Game on Wednesday, Feb. 2 at Westlake Stadium in Austin, TX…
Brunswick’s Q4 Loss Narrows on Rise in Marine, Fitness and Boat Markets
Brunswick Corp. said rebounding sales at its marine and fitness businesses and stronger pricing for boats contributed to a big swing in operating profits in the fourth quarter. Operating losses reached $74.7 million, marking a $113.5 million improvement f
R.G. Barry Purchases Foot Petals
R.G. Barry Corp. has completed the purchase of substantially all of the assets of Foot Petals, LLC., a Long Beach, California-based developer and marketer of premium insoles . R.G. Barry will operate Foot Petals as a subsidiary…
New Balance Foundation Donates $7M to Childhood Obesity Program
New Balance Foundation donated $7 million to Children’s Hospital Boston to establish the New Balance Foundation Center for Childhood Obesity Prevention, Clinical Research and Care. The gift will be used to transform the lives of overweight and obese
Hanesbrands 2010 Profits Soar on 11.2% Sale Gain
Hanesbrands nearly quadrupled its profits on an 11.2% increase in sales to $4.33 billion last year and projected higher earnings for 2011. The company said market share gains accounted for 6 percentage points of the sales growth, but that price increases
