SGB Update Sports & Fitness
Report: Nike to Replace Adidas as Yankees Sponsor
According to the Sports Business Journal, Nike and the New York Yankees have agreed in principle to a five-year sponsorship agreement to begin in 2009, the team’s first in the new Yankee Stadium. Adidas has been sponsoring the Yankees for the last 11 year
Sport-Haley Suffers 10% Q3 Sales Decline
Sport-Haley, Inc. said net sales for the three months ended March 31, 2008, were $4.74 million, a decrease of 10%, from $5.3 million for the comparable three-month period in the prior fiscal year.
TYR Sues Speedo Over LZR Racer Suit
TYR Sport has filed a federal lawsuit alleging that Speedo, manufacturer of the record-breaking “LZR Racer,” has conspired with USA Swimming to stifle competition and lure top athletes away from other companies. TYR claims Warnaco Swimwear, the parent com
Adams Golf Sees 1% Q1 Sales Gain
Adams Golf reported sales inched up 1% to $28 million for the first quarter ended March 31, compared to $27.8 million a year ago. The company reported net income of $0.8 million, or 11 cents a share, for the first quarter compared to net income of $3.8 mi
Oboz Moves to Bozeman
Oboz has relocated to a new headquarters in Bozeman, Montana. The larger offices are located in downtown Bozeman, one block off the town’s historic Main Street. Oboz is now in a building that dates from 1909, and which was once used by Schnee’s as a cobb
Lotto Sport USA Launches First Integrated Marketing Campaign
Lotto Sport USA has launched its first integrated marketing campaign in the company’s history. The campaign will consist of print, television and web advertising along with in-store point of sales. The print ad campaign will break this month in core socc
Nau’s Legacy Cloaked in Irony…
The irony is unmistakable. In the end, the company that promised to break new ground in establishing a sustainable business model could not sustain itself. Nau Inc., launched in 2005 as Under the Wire, promised to make lasting change in how companies desi
BOSS Goes One on One with Nau Inc’s Marketing Man Ian Yolles
Nau Inc. was one of the highest profile sustainability stories in the apparel industry when it announced May 3 it was winding down because it could not raise more money. The irony was not lost on Ian Yolles, the architect of the company's widely adm
Kohl’s Ups Guidance as Sales Spring Back
Kohl’s Corporation reported a 12.0% rise in sales for the four-week period ended May 3, 2008 and said comp store sales rose 3.5% during the period, but nearly all the improvement was due to a shift in the calendar. Still, the department store retailer sai
Ross Stores Posts 8% Comp Gain
Ross Stores, Inc. reported that its April sales increased 15% to $480 million from $417 million a year ago. Same store sales for the month increased 8%. Due to strong trends, the off-pricer raised its estimates for the first quarter…
Neiman Marcus’s Comps Dip 0.6%
Neiman Marcus, Inc. reported revenues dipped 0.6% during April to $343 million from $346 million. Comps declined 1.9%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6%…
Avis CEO Joins Hanesbrands’ Board
Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil
Schwinn Picks Rebranding Agency
Schwinn Bicycles, owned by Dorel Industries, selected Philadelphia agency, STICK and MOVE, to partner in developing a rebranding campaign focused on building excitement with recreational cyclists. The campaign is slated to launch by the end of the summer
Mountainsmith Hires Domestic Sales Mgr
Mountainsmith announced the appointment of Jay Getzel to the newly-created position of domestic sales manager. Getzel was most recently sales and service manager for C.A.M.P. USA in Broomfield, CO…
Puma Experiences Weak Q1 in U.S. Market
Puma’s worldwide branded sales, which include consolidated and license sales, rose currency neutral 0.5% for the first quarter. In reporting terms, branded sales reached € 741.2 million ($1.11 bn) versus € 762.1 million ($998.7 mm). Footwear sales were do
