Thomas J. Ryan | Page 1281 | SGB Media Online

Rodale, owner of Runners World, Acquires Running Times

February 26, 2007 SGB Update

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…

Sunny’s Great Outdoors To Liquidate

February 26, 2007 SGB Update

Sunny’s Great Outdoors filed for bankruptcy in early February and is closing its doors, according to court documents. The Elkridge-MD-based retailer operates 13 stores around the Mid-Atlantic region and employs 150 full-time and part-time workers…

Escalade’s Q4 Sporting Goods Revs Up 11% on Acquisitions

February 26, 2007 SGB Update

Escalade Inc. announced that revenues for the fourth quarter and year ended December 30, 2006 were up 4%, boosted by acquisitions in its sporting goods segment. However, lower gross margins and higher selling, general and administrative costs resulted in

Rocket Dog Acquired by Venture Funds

February 26, 2007 SGB Update

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

Russell Athletic to Sponsor Arena Football

February 26, 2007 SGB Update

Russell Athletic will sponsor Arena Football for the next five years starting this season on all regular and post season telecasts on ESPN networks and ABC. Russell Athletic will also be the exclusive uniform provider for the league and will debut its per

Warnaco’s Swimwear Profits Sink in Q4 on Ocean Pacific Sale

February 26, 2007 SGB Update

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

Cabela’s Files for 4.1 Million Secondary Offering

February 26, 2007 SGB Update

Cabela's Inc. filed a preliminary prospectus supplement with the Securities and Exchange Commission with respect to an underwritten public offering of 4,119,016 shares of its common stock. All of the shares of common stock are being offered by stockh

Payless, Nike Launch High-Tech Sneaker

February 26, 2007 SGB Update

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

TAF Contributes $1.9 mm to Nexcen Results

February 26, 2007 SGB Update

Nexcen Brands, Inc. reported that revenues at The Athlete's Foot for 2006 amounted to approximately $9.9 million. The company owned the franchising business for less than two months in 2006 and recognized revenue of approximately $1.9 million in its

Adidas Appoints New Divisional Heads

February 23, 2007 SGB Update

Adidas has appointed Bernd Wahler as chief marketing officer Sport Performance and Hermann Deininger as chief marketing officer Sport Heritage/Sport Style. Both executives will report directly to Erich Stamminger, president and CEO of the adidas brand…

Everlast Posts Q4 Profit; Raises 2007 Guidance

February 22, 2007 SGB Executive

Everlast Worldwide Inc. earned $1.1 million, or 28 cents a share, in its fourth quarter, against a loss of $433,000 a year ago. Excluding year-ago charges related to its move to license out its men’s apparel business, Q4 operating income from continuing o