Escalade, Inc. Signs New Loan Agreement
Escalade, Inc. based in Evansville, IN, announced that, on April 30, 2009, it signed a new loan agreement with JP Morgan Chase Bank, N.A. (Chase) for a senior secured revolving credit facility. The agreement includes the waiver of the company's coven
Total Apparel Group Secures U.S. and Canada Licensing Rights for Kappa and Robe Di Kappa
Total Apparel Group, Inc., (TAG) a distributor and licensee of trademarks in the branded apparel, footwear and accessories sectors, today announced that it has been granted the U.S. and Canadian Master Licensing rights for the internationally popular Kapp
Jarden Announces Closing of $300 Million of 8% Senior Notes Due 2016
Jarden Corporation announced the closing of its public offering of $300 million aggregate principal amount of 8% Senior Notes due 2016. The net proceeds to Jarden, after payment of underwriting discounts and other expenses of the offering, was approximate
Clif Bar Adds Valvano to Lead Sports Retail Sales
Clif Bar & Company has hired Mike Valvano as national sales manager of the sports retail channel. Valvano has more than 15 years of experience in the outdoor, bike and luggage industries…
Teva Secures Two New Sales Agencies
Teva, a division of Deckers Outdoor Corporation, has hired Great Pacific Sales to represent the brand in Northern California and McG Sales to represent the brand in the Mid-Atlantic. Both sales organizations will report in to Jake Brandman, Teva VP of Dom
Golf Datatech National Golf Rounds Played Report: Rounds Up Slightly in March
The Golf Datatech National Golf Rounds Played Report showed that in March, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, South Central and South Atlantic regions decreasing and participation increasing in t
Secretary of Interior Creates Office of Youth
Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to the beauty, values and importance of our national parks and monuments, ref
Callaway Q1 Earnings Plummet in Tough Golf Market
Callaway Golf Company reported that net sales declined 25.8% to $271.9 million in the first quarter, compared to $366.5 million in Q1 2008. Net income fell 82.8% to $6.8 million, or 11 cents per diluted share, compared to $39.7 million, or 61 cents per d
Mammut Sports Group USA Brings On New Sales Team in the Mid-Atlantic
Mammut Sports Group USA has appointed Mountain Lake Marketing sales agency to represent the brand in the Mid-Atlantic region. The partnership marks another growth step for Mammut as the brand continues to gain market share in North America, with pre-seaso
Under Armour Q1 Sales, Profits Jump on Boost from Footwear and Direct
Under Armour, Inc. reported that first quarter net revenues increased 27.1% to $200.0 million compared with net revenues of $157.3 million in the first quarter of 2008. Net income jumped 38.0% to $4.0 million, or 8 cents per diluted share, in the first q
Report: Foot Locker’s Serra May Retire Soon
The New York Post is reporting this morning that Foot Locker, Inc. Chairman and CEO Matt Serra may be ready to hang up his sneakers after nearly ten years at the helm. The Post said it had learned that Mr. Serra is “gearing up for retirement” and noted h
Amer Sports Sees Q1 Loss Double on Americas Weakness
Amer Sports net sales decreased 2.1% to EUR 355.3 million ($465 mm)in the first quarter ended March 31. In local currencies, net sales decreased by 7%, with Winter and Outdoor net sales flat to the year-ago period, Ball Sports revenues decreasing by 8% an
Sport-Haley Names New Board Members
Sport-Haley, Inc. said two new outside board members were elected at the company's recent annual shareholders' meeting. The new directors are Samuel A. Kidston and Lloyd M. Sems. Messrs. Kidston and Sems are also beneficial shareholders of the c
Rocky Q1 Revenues, Earnings Drop Despite Cost Cutting
Rocky Brands, Inc. said net sales for the first quarter of 2009 decreased to $50.1 million versus net sales of $60.5 million in the first quarter of 2008. The company reported a net loss of $1.1 million, or (20 cents) per diluted share versus net income o
L.L. Bean to Lay Off Over 200 Maine Employees
L.L. Bean Inc. plans to lay off 200 to 240 workers in Maine due to poor sales results, reported the Associated Press (AP). In a letter to its 5,400 employees Friday, the retailer said the voluntary retirement incentives it tried to enforce in February wer
