Line Skis and the CPSC are recalling approximately 1.250 2006 Line X-Fly and Line Pro Ski Boards, because screws installed improperly can cause the bindings to come loose or pull off the ski board during use, causing the skier to lose control or fall and
Month: October 2007
RECALL: Cybex Treadmills
Cybex International, Inc. and the CPSC are recalling approximately 4.700 Cybex or Trotter Treadmills that had been previously recalled on October 8, 2003. During repairs associated with the October 8, 2003 recall, wire nuts were installed improperly, caus
RECALL: Reynolds Bicycle Forks
MacLean Quality Composites, d.b.a. Reynolds, of West Jordan, Utah and the CPSC are recalling approximately 330 Reynolds UL Bicycle Forks. The forks were distributed by Quality Bicycle Products, of Bloomington, Minn., and Security Bicycle Accessories, of H
Zigo Lands Seed Funding and Files for Patents
Soma Cycle, Inc. (dba Zigo) closed a seed round financing with a single institutional investor, securing sufficient funds for the launch of its first product, the Zigo LEADER. The company has also filed for patent protection covering numerous aspects of t
Paintball Trade Association Launches Website
The Paintball Sports Trade Association (PSTA), a not-for-profit organization recently formed in cooperation with the SGMA to increase paintball awareness, acceptance and participation, has officially launched its website at www.paintball.org. Member busin
Ocean and Earth Names Marmion U.S. General Manager
Ocean & Earth Products Inc., the Australian-surf brand, announced changes to several key executive roles in the U.S. and overseas in response to recent capitalization of its parent company. In the U.S., Barry Marmion was named general manager, sales, resp
EMU Australia Names Houston as CEO
EMU Australia Lifestyle Footwear has appointed Edward C. Houston Jr. as the company's new CEO. Houston will be charged with leading EMU's growth in Canada, USA and Central and South America…
Rocky Brands Cuts Earnings Guidance; Q3 Sales Climb
Rocky Brands, Inc. third quarter of 2007 net sales increased 5.4% to $82.3 million versus net sales of $78.1 million in the third quarter of 2006. The Company reported net income of $1.1 million, or 21 cents per diluted share versus net income of $4.2 mil
REI Appoints Davis to Board
Recreational Equipment, Inc. appointed Brenda Davis to a one-year term to the company's board of directors. A lifelong conservationist and outdoor enthusiast, Davis resides in Bozeman, Mont. and is chair of The Wilderness Society, which works to save
Nike Looks to Acquire Umbro for $582 Million
Nike has reached an agreement on an all-cash offer to acquire Umbro plc. The Board of Directors of Umbro, which is listed on the London Stock Exchange, has unanimously recommended that shareholders accept the offer of 193.06 pence, which together with the
Norwegian PE Firm Acquires Majority Stake in Dale of Norway
Propago, a Norwegian-based investment group, has purchased a 67% share of Dale of Norway, a manufacturer of exclusive knitwear. While full financial terms were not disclosed, the new owners injected $5 million into product development…
GSI Commerce and NFL Extend E-Commerce Partnership
GSI Commerce Inc. and the National Football League (NFL) signed a multi-year extension to their e-commerce agreement. The e-commerce provider didn't provide the length of the agreement…
H2O Audio Signs Swim Champion as Advisor
H2O Audio, the maker of waterproof and ruggedized sports accessories, has signed Olympic Swimming multi-medalist (and World Champion) Natalie Coughlin as its new swim gear design and development advisor. Coughlin comes on board as H2O Audio introduces its
InSport Lands $14 Million Marine Contract
InSport will manufacture a new running suit for the Marine Corps under a $14 million contract recently awarded to the company. Insport will be outfitting every Marine with this new addition to the sea bag in early 2008. InSport secured the Marine Corps c
Cascade Designs Hires Parkhurst
Chris Parkhurst has joined Cascade Designs, Inc. as MSR Global Brand Manager. Prior to joining Cascade Designs, Parkhurst held key global marketing positions at Cutter & Buck and K2 Sports…
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