France’s highest court last week dealt a significant blow to former adidas owner Bernard Tapie and his chances of recouping damages from the 1993 sale of the athletic footwear and apparel maker. The ruling by the court overturns a recommendation last yea
Month: October 2006
Lotto Leisure Product Helps Boost First Half…
During the first six months of 2006, Lotto Sport Italia saw sales growth in each of its product categories, with leisure product making major strides. Sales of Lotto brand products increased 12.7% to €132.5 million ($162.7 mm) compared to €117.7 million
Hopkins SG Acquires Online Wrestling Store…
Hopkins Sporting Goods, which has been acknowledged as Iowa’s oldest sporting goods store, has reportedly acquired Sunflower Wrestling Inc., which distributes wrestling gear through the Internet and a direct-to-consumer catalog. A local newspaper report
London Conference Provides Closer Look at Europe Strategies for Key Companies…
A number of industry companies provided a peak at their European strategies last week while at the Piper Jaffray Conference in London just as third quarter earnings season kicks off in earnest. Participating companies included some of the hottest brands
Venture Snowboards Relocates to Silverton, Colo.
Venture Snowboards is relocating to Silverton, Colorado. Venture is an independent snowboard manufacturing company with a dual mission: to build superior performance snowboards while minimizing environmental impact. Since its inception, the company has r
Orange 21 Founder Takes CEO Position
Orange 21 Inc. announced a series of changes in management and its Board of Directors. Barry Buchholtz, current Chief Executive Officer, will leave his current position in order to focus his efforts on Orange 21's European operations. Mark Simo, the
SAFE Ports Act Becomes Law
The Security and Accountability for Every (SAFE) Port Act was signed into law at a White House ceremony last week. Congress passed the legislation on September 30, 2006 by a vote of 409 to 2 in the House of Representatives and by Unanimous Consent in the
Stockli Parent Sees Strong Sales
Summus Works, Inc.'s outdoor sports wholesale division, which includes brands like Stockli Skis and Lisker of France, reported $468,638 gross revenue for the quarter ending September 30, 2006…
Delta Apparel Cuts Q1 Earnings Guidance on Slow Sales
Delta Apparel, Inc. announced preliminary financial results for the first quarter ended September 30, 2006 and updated its guidance for the fiscal year ended June 30, 2007. The Company currently expects first quarter revenues in the range of $61 million t
Kulczycki Takes over as CEO of Filson
Filson Holdings, Inc., parent company of C.C. Filson Company, has appointed Bill Kulczycki as President and Chief Executive Officer. He replaces Doug Williams, who becomes Chairman of the Board. Kulczycki will be based in the company’s Seattle, Washington
Nike Signs Supplier Deal with Princeton
Nike has signed a deal with Princeton University for the school's Department of Athletics, over the next year or so, to phase in “a collaborative sponsorship effort with Nike to outfit all Princeton varsity sports with their equipment, apparel and fo
Russell Teams with ‘Big Boi’ to Promote HBCU
Russell Athletic's Historically Black Colleges and Universities (HBCU) division has entered a partnership with Outkast's Antwan “Big Boi” Patton to help promote the company's position as the official athletic apparel provider for all HBCU s
Kulczycki Takes over as CEO of Filson
Filson Holdings, Inc., parent company of C.C. Filson Company, has appointed Bill Kulczycki as President and Chief Executive Officer. He replaces Doug Williams, who becomes Chairman of the Board. Kulczycki will be based in the company’s Seattle, Washington
Teko Offsets Transportation Emissions
Teko has purchased certified offsets for their Green House Gas (GHG) emissions from the Chicago Climate Exchange (CCX.) Teko purchased enough offsets to cover 100% of the transportation of their Tasmanian EcoMerino Wool, as well as the transportation for
Nike Names Duggan as Head of Nike Bauer Hockey
Nike, Inc. tapped Mark Duggan, an experienced sales leader with a 25 year tenure at the company, to head the company's Nike Bauer hockey subsidiary. Duggan will report to Lee Bird, Nike's Vice President of Subsidiaries. Duggan succeeds Chris Zim