Wal-Mart Stores, Inc. – the nation's largest sporting goods retailer – unveiled a new sourcing strategy to cut costs of goods, accelerate speed to market, and improve the quality of products. The plan includes a strategic alliance with Li & Fung, wh
Month: January 2010
Stradalli Cycle Enters OEM with SRAM
Stradalli Cycle, the high performance carbon cycle manufacturer, is pleased to announce that it has entered into an Original Equipment Manufacturer (OEM) partnership with SRAM and will be using SRAM components on its 2010 Miliano cycles…
Bauer Hockey Acquires Neck Protection Technology
Bauer Hockey has purchased intellectual property assets and patents from Jock Plus Hockey to become the only global supplier of integrated neck protection for hockey. Those exclusive assets combined with a long-term strategic agreement with DuPont Protect
Under Armour’s Q4 Profits Soar on 24% Sales Gain
Under Armour, Inc. reported revenues increased 24.0% in the fourth quarter to $222.2 million from $179.3 million a year ago. Earnings improved 83.1% to $15.2 million, or 30 cents a share, from $8.3 million, or 17 cents, a year ago. The company also foreca
Harvard Study: Barefoot Running Better
According to a study from Harvard researchers, runners who eschew shoes may be less likely to do serious injury to their feet because they hold their feet differently. Writing in the journal Nature, Daniel Lieberman of Harvard University in Cambridge, Mas
K-Swiss And Trek Team Up To Form Elite Triathlon Team
K-Swiss and Trek Bicycle announced the formation of the 2010 Trek/K-Swiss Triathlon Team. The joint venture between Trek and K-Swiss brings together nine of the world's top international Ironman and Ironman 70.3 athletes…
Hanesbrands Sees 5% Revenue Growth in 2010
Hanesbrands Inc., which owns Champion and Duofold, reported a fourth quarter loss of $1.1 million, or 1 cent a share, against earnings of $17.9 million, or 19 cents, a year ago. Excluding non-recurring actions, earnings were up 12%. Fourth quarter sales i
QBP Names New Purchasing Manager
Cycling supplies distributor QBP said it selected Mike McMullen to manage its purchasing department last month. In this new role, McMullen will develop and manage purchasing processes, in addition to training and directing purchasing staff.
Golfsmith Expands Store Plans for 2010
Golfsmith International Holdings, Inc. plans to open four new stores in 2010 and retrofit several additional stores…
New Era Cap Reaches Agreement to Keep Derby, NY Plant Open
The New Era Cap Company announced a tentative agreement with the Communications Workers of America (CWA) to retain New Era's Derby, NY plant as the company's sole U.S. manufacturing facility. If the agreement is ratified, New Era said it will cl
Curtis Hopkins Named Conservationist of the Year
Mississippi Wildlife Federation has selected Curtis Hopkins, Ph.D., as the 2009 Conservationist of the Year. Hopkins, Director of Ducks Unlimited’s Southern Region, has been contributing to conservation for nearly 40 years…
Brunton Publications Appoints Bauer Marketing and Sales Director
Brunton Publications, publishers of ClayShootingUSA and TrapShootingUSA magazines, has appointed John Bauer as marketing and sales director. Bauer will oversee all sales and marketing efforts in North America and contribute through editorial and photograp
Callaway Golf Appoints Board Member
Callaway Golf Company appointed Adebayo O. Ogunlesi to its board of directors. Ogunlesi, 56, is Chairman and Managing Partner of Global Infrastructure Management, LLC, which is a private equity firm with over $5 billion in assets and which invests worldwi
Maverik Donates Equipment to Lakeshore Lacrosse
Maverik Lacrosse will provide lacrosse equipment to Lakeshore Lacrosse training camps for a series of Winter lacrosse clinics to be held at YMCA's throughout the Minneapolis area…
Johnson Outdoors Files Lawsuit Against Navico
Johnson Outdoors Inc. has filed a patent infringement lawsuit against Navico, Inc. for infringement of U.S. Patent No. 7,652,952 by Navico's sale of the Lowrance LSS-1 StructureScan Imaging System. Johnson Outdoors' patent protects the Humminbir