SGB Update Footwear
Nike Plots New Distribution Center in Memphis
Nike, Inc. reached an agreement to acquire a 125-acre land parcel in Memphis, TN, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 2007, by Nike
Nike to Build 1 Million Square Foot D.C. in Tennessee
Nike, Inc. has reached an agreement to acquire a 125-acre land parcel in Memphis, Tennessee, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 200
The Athlete’s Foot Taps Warschawski as Agency of Record
Warschawski has been retained by The Athlete’s Foot as its agency of record. Terms of the agreement were not disclosed. Warschawski is responsible for handling all public relations for The Athlete’s Foot on a national level, including strategic planning,
Gander Mountain Goes Green
Gander Mountain is purchasing renewable energy to offset 100 % of the electricity used in all its Minnesota, North Dakota, Iowa, Kansas and Colorado stores as well as their St. Paul, Minn., headquarters. This landmark purchase of renewable energy credits
L.L. Bean Donates $1 Million to Freeport Park
L.L.Bean will give $1 million to the town of Freeport for the development and donation of a public green space/park that will include trails, a skating pond, picnic benches and shelters. The company, based in Freeport, said the donation was made in honor
Globe Sees Sharp EBITDA Gain on Flat Revenues
Globe International saw effectively flat revenues of A$97.8 million ($73.7 mm) for the first half of fiscal 2007, but manged to double EBITDA to A$2.5 million ($1.9 mm), up from A$1.2 million ($0.9 mm) during last year's half. These results include t
OSI Extends Ref Supplier Deal with U.S. Soccer
Continuing in a role they have served since 1998, Official Sports International has re-signed with U.S. Soccer as the exclusive supplier of USSF Referee apparel and accessories through the end of 2010…
U.K.’s Sports Direct Raises $1.82B in IPO
Sports Direct International PLC, the United Kingdom’s largest sporting-goods retailer, on Tuesday raised US$1.82 billion (929 million pounds; euro1.4 billion) in an initial public offering after owner Mike Ashley sold a 43 percent stake in the business. A
Marmot Promotes Three
Marmot Mountain L.L.C. made three internal promotions within the company. Laura Miera has been appointed to Vice President of Global Production; Beng Hook is the new Manager of Technical Design; and Jamie Ruderman has been appointed to Creative Director..
SportsOneSource Expands Media Team
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager, while promoting two key managers to expanded roles. Tom Ryan, who had been a Senior Editor with SGB and ran th
Iconix Expands Footprint with Danskin Deal…
Finally gaining some long needed financial support, Danskin Inc. reached an agreement to sell The Danskin brand to Iconix Brand Group for $70 million. The activewear and dancewear company, founded in 1982, rode the popularity of aerobic exercise in the ea
Warm Winter Causes Bob’s Stores to Miss Q4 Targets…
The TJX Cos. Inc. saw its Bob’s Stores division just miss its target of halving the operating loss as forecast at the start of the year. On a conference call with analysts, newly anointed CEO Carol Meyrowitz attributed the near miss to the “unusually wa
Crocs, Inc. Raises Growth Targets for 2007…
Continuing to prove its doubters – including many short-sellers – wrong, Crocs Inc. reported fourth quarter earnings that easily beat prior projections, and hiked its fiscal 2007 revenue and earnings growth targets to more than 45% over fiscal year 2006.
Pacific Sunwear Breaks Down Business at Roth OC Conference…
At the Roth OC Conference, Pacific Sunwear gave a little more insight into their business than they typically have in the past. The company said that at PacSun, the business splits 57/43 between guys and girls, but that they hope to get the girls side up
SOS Expands Media Team…
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager. Tom Ryan, who had been an editor with SGB and ran the Outdoor Business online venture for VNU, has joined the c
