The U.S. Consumer Product Safety Commission announced Lifetime Products Inc. has agreed to pay $800,000 civil penalty for not reporting a bolt on the stand's base that had caused numerous injuries…
Month: April 2004
adidas Consolidating Global Brand…
adidas-Salomon AG is looking to take a full stake in its operations in Japan, reportedly offering last week to acquire the balance of the shares it does not own of Salomon and Taylor Made Co. Ltd. as it moves to take full control in many of its global ope
Pentland Picks Up Airwalk Licensee for the U.K. and Ireland…
Collective Licensing International, LLC has tapped Pentland to serve as master licensee for the Airwalk brand in the U.K. and Ireland. The agreement covers all product categories including footwear, snowboarding hardgoods, outerwear, apparel and accessor
B of A Conference May Shed First Light on the Post-Footaction Era..
The Banc of America Securities Investor Conference in New York last week gave many an opportunity to get the first post-Q4 outlook from a number of companies we follow on a regular basis. As usual, much of the presentations is boiler-plate stuff we see d
The Sporting Goods Industry is Well Positioned for a Record Year in 2004…
The industry continued its winning streak in the fourth quarter of 2003 as profit gains again outpaced sales growth despite the effects of integration and restructuring charges related to the record number of mergers and acquisitions last year…
OR will Distribute Exped
Outdoor Research has announced that effective January 1, 2005, they will be the exclusive Exped distributor for North America. This strategic business move will make available Exped's tents, sleeping bags and mats, along with OR's existing line
Genesco Completes Hat World Corporation Acquisition
Genesco Inc. has completed the acquisition of Hat World Corporation. The total purchase price for Hat World was $177.4 million in cash, including adjustments for $11.1 million of net cash acquired and for working capital and certain tax benefits, subject
Brunswick Completes Acquistion of Boat Brands
Brunswick Corporation has completed its previously announced acquisition of the Crestliner, Lowe and Lund aluminum boat brands from Genmar Industries, Inc. for approximately $191 million in cash. The transaction also contains provisions for additional con
Pacific Sunwear Gets Settlement in Copyright Case
Pacific Sunwear of California Inc. announced that the defendants in a copyright infringement action commenced by the company have agreed to settle the claims against them for the aggregate amount of $345,000. The defendants are required to destroy within
Kohl’s Realigns Merchant Executive Team
Kohl's Department Stores has outlined key initiatives of its strategic objective to realign its merchandise executive team. The company will move from two to three executive vice presidents-general merchandise managers, effective immediately. In add
LiquidGolf to Acquire Marlin Bass Sportswear
LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire Marlin Bass Sportswear, LLC. The Letter of Intent, which was executed by both parties, provides for the negotiation of the final purchase and sell terms, is non-bindi
The Athlete’s Foot Taps Master Franchisee for Trinidad and Tobago
The Athlete's Foot has formalized an agreement with Jagasons Limited, a Republic of Trinidad and Tobago corporation, to become The Athlete's Foot's master franchisee for Trinidad and Tobago. The company projects a minimum of six openings ov
Collegiate Pacific Closes Kesslers Team Sports Deal
Collegiate Pacific has closed the acquisition of Indiana-based Kesslers Team Sports, a profitable, $30 million revenue-based company specializing in the distribution of team sports products with a primary emphasis on name brand, team uniforms and apparel.
Cybex Receives Fitness Management Best Product Award
Cybex International, Inc. has received the Fitness Management Nova7 supplier award for best product of the year 2003 for its Cybex Arc Trainer…
Get Outdoors’ Act Introduced in U.S. Congress
The Great Outdoors is getting the attention it needs and deserves — thanks to the introduction of the Great Outdoors Act. Introduced by Representatives Don Young (R-AK) and George Miller (D-CA), this bill will help improve the health and quality of life
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