SGMA Survey: Americans Delusional Over Their Health…
Despite widespread concerns over obesity, diabetes and other health issues, most Americans believe they are in better-than-average health for their age. According to the SGMA’s “2008 State of the Industry Consumer Survey,” the industry faces an uphill bat
Golfsmith’s Thompson to Steer Performance, Inc.
Bicycle retailer Performance, Inc. has named Jim Thompson—who previously guided Golfsmith International Holdings Inc. through its IPO—as CEO. Performance’s annual sales are an estimated $225 million, and Thompson sees substantial growth ahead for the mult
Horny Toad Acquires Nau Assets
Lifestyle apparel maker Horny Toad has acquired the Nau outdoor brand, including its trademark, URL, and all intellectual property such as product designs. In addition, the company acquired the physical assets of Nau’s design offices for an undisclosed su
Timberland Sells GoLite to Former Exec
On June 13, New England Footwear LLC closed a deal to acquire the GoLite footwear business from Timberland. Douglas Clark, who was previously VP of Timberland’s Invention Factory, formed Portsmouth, NH-based New England Footwear two weeks prior to the dea
Lands’ End Exec Named Under Armour President
David McCreight, most recently president of Lands’ End, was named president of Under Armour Inc. He is expected to join Under Armour in September and will be responsible for developing and executing long-term growth strategy, implementing new practices to
Brine Relocates to Warrior Facilities
New Balance is closing its Brine operations in Milford, MA, to help consolidate operations and better utilize resources within its two lacrosse divisions…
Yue Yuen Reports Second Quarter Revenues Jump 23.5%…
Yue Yuen Industrial Ltd. reported second quarter sales jumped 23.5% to $1.66 billion from $944.5 million a year ago. For the period ended March 31, athletic footwear sales, its largest category, climbed 23% to $668.1 million. Also seeing strong growth wa
Finish Line Starts New Year with Better Than Expected Results…
After a tough year maligned by the botched acquisition of Genesco Inc. as well as sluggish footwear sales, The Finish Line finally delivered some good news last week with better than expected results for its fiscal first quarter ended May 31. A surge in
Retailers Take Price Increases in Stride for Spring/Summer 2009…
With deadlines for pre-season discounts on spring/summer 2009 product falling over the next two weeks, outdoor specialty retailers appear to be taking the largest wave of price increases in years in stride – in part because they were not as bad as anticip
Nikwax Puts Global Marketing Under U.S. Exec
U.K.-based Nikwax has put international marketing under Chas Fisher, the president of its North American unit. Fisher will be responsible for the strategic and tactical branding efforts of Nikwax in the global market. He will continue to oversee the compa
Charles River Secures Rights to TopShield
Charles River Apparel announced their nationwide launch of Charles River Sport, their shirt line made exclusively with TopShield moisture management fabric…
Fortune Brands Cuts Q2, FYO8 Outlook
Fortune Brands Inc., which owns the Titleist, Cobra and FootJoy golf brands, slashed its earnings outlook for the second quarter and the full year, citing a challenging consumer environment as a result of soaring fuel costs and a large tax increase in Aus
GolfersMD.com Partners with the Golf Channel
GolfersMD.com, the health, fitness and medicine-related Web site exclusively for golfers, announced a partnership agreement with the Golf Channel where GolfersMD.com will be providing health, fitness, medical and performance information and content by the
Congress Overrides President Bush’s Farm Bill Veto
The U.S. Congress overrode President Bush's initial veto of the 'Farm Bill,' enacting 14 of the bill's 15 titles into law. Included in the action was the delay of a change to the 'First Sale' rule, which allows the industry t
Black Diamond and Beal Ropes Parting Ways
Black Diamond Equipment Ltd. has ended its formal partnership with Beal Ropes, which will now focus on direct sales. The partnership was ended due to market factors, the changing retail environment and is viewed by both parties as a necessary and logical
