Former President of Circle Systems Group Admits Fraud
David Drill, the former president of Circle Systems Group Inc., the sports equipment refurbishing company, admitted Tuesday to submitting phony quotes and giving gifts to athletic directors, equipment managers, trainers and coaches in return for business,
Jarden Corp. Recognized by Business Week
Jarden Corp said it has been named to BusinessWeek's newly-released list of the World's Most Influential Companies. Noted as a company that is a “master of its domain” in the consumer goods industry, Jarden's recognition on the annual list
National Shopping Behavior Study Reports Department Store Spending Drops
Consumers continued a six-year trend of steering away from department stores during the holiday season, but the uncertain economic times were not the only reason. Those surveyed in the Ninth Annual National Shopping Behavior Study indicated that departmen
STX Sues Reebok for Patent Infringement
STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court For The District Of Maryland, STX claims Reebok has infringed on one of
Acushnet Offers Separation Packages to U.S. Employees
Acushnet Company, the golf equipment manufacturer comprised of the Titleist, FootJoy and Cobra brands, has offered a voluntary separation program to a number of salaried United States-based associates nearing retirement…
FIFA Names Official Merchandiser for 2010 World Cup
Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group (GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S…
Quik Cuts ASR Presence
Also on the quarterly conference call, Chairman, President and CEO Bob McKnight commented that all Quiksilver brands with the exception of DC would not have a presence at the ASR show in January…
American Rec Further Consolidates Outdoor Brands Under New Umbrella
American Recreation Products will replace dozens of outside reps with an in-house sales force over the next 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the
Soles4Souls Files Suit Against Distributor for Selling Donated Shoes on eBay
Soles4Souls has filed a lawsuit against Gleaning for the World, Inc. and other parties after Soles4Souls discovered that donated pairs of Minnetonka Moccasins that were supposed to be distributed to needy people in Africa were being sold for profit on eBa
$20 Million in Grants Will Help Preserve Coastal Wetlands
H. Dale Hall, Director of the U.S. Fish and Wildlife Service, announced that twenty-five conservation projects benefiting fish and wildlife on more than 13,543 acres of coastal habitat in twelve States will be funded with $20.1 million from 2009 National
FIFA Names Official World Cup Merchandiser
Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group(GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S. Territories for the 2010 FIFA
Dodger Sportswear Appoints New President
Dodger Sportswear has appointed Mark Adams as president of the company-officially beginning Jan. 4, 2009…
Brunswick Takes Up to $135M Accounting Charge
Brunswick Corp. said an accounting error will result a charge against earnings of up to $135 million this year. The Lake Forest, IL-based company said that financial filings for the first nine months of 2008 should “no longer be relied on” because the com
Nautilus to Expand Facilities in Virginia
Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir
Lifetime Acquires Jumping Jack Trailers
Lifetime Products, Inc. has acquired the assets of Jumping Jack Trailers, Inc., adding Tent/Trailer to Lifetime's own lineup of consumer products. All products previously produced by Jumping Jack will now be manufactured at Lifetime's 2.6 millio
