SGB Update Footwear
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..
Axcent Forms EU Subsidiary for Descente Athletic…
Axcent Sports has held the license to sell and design Descente apparel for the bike and run market in North America, Europe and Australia since 2002. Most of the company’s European business has been done through third-party distributors, but the company,
Thule Targets €1 Billion by 2009…
Thule finished off the 2006 fiscal year with double digit organic-growth and several acquisitions under its belt to boost the top line by nearly a third. The integration of these acquisitions did have a slight impact on profits, which did not keep pace wi
Rodale, owner of Runners World, Acquires Running Times
Running Times has been acquired by Rodale Inc., the owner of Runner's World. Terms of the transaction were not disclosed. Running Times will continue to operate under the Running Times brand, and will be independent of Runner's World…
Rocket Dog Acquired by Venture Funds
Rocket Dog has been acquired by Golden Gate Capital and Circle Peak Capital. The seller was New York Transit, Inc., a privately held fashion footwear company. Terms of the deal were not disclosed. Mike Womack and the existing management team will continue
Warnaco’s Swimwear Profits Sink in Q4 on Ocean Pacific Sale
The Warnaco Group Inc. said its swimwear group's sales grew 1.3% in the fourth quarter, to $84 million from $83 million a year ago. Operating income in the segment, which includes Speedo, fell to $8.4 million from $12.5 million, reflecting losses rel
Payless, Nike Launch High-Tech Sneaker
Nike Inc. brought out soccer stars Brandi Chastain and Hope Solo and world-renowned volleyball player Logan Tom at a New York press event to help launch Tailwind, a women’s performance footwear and accessories brand that will be exclusive to Payless ShoeS
Mizuno Names Custom Fitters of the Year
Mizuno named 16 of its retail partners as Club Fitters of the year. The recipients were evenly split with 8 winners Green Grass shops and 8 Off-Course retailers…
WSA Decides to Keep Later Spring ’08 Show Dates
The WSA Show announced the decision to maintain existing dates and locations for the February 2008 show. The show, in the three-day format which will begin in August, will take place as scheduled Feb. 21-23, 2008 at The Mandalay Bay Convention Center and
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.
