Iceland’s First Billionaire Sets Sights on Amer Sports…
Helsinki-based Amer Sports is investigating restructuring its board after a London-based investment bank that acquired 20% of the company in late January began pushing for representation on the board. Novator Finland Oy notified Amer Sports March 3 that i
Golfsmith Cuts Expansion Plans on Tough 2007…
Golfsmith saw “weakness across the board in December” lead to widened net losses for both the fourth quarter and full fiscal year as the golf retailer continues to do battle with increased competition, mainly in the form of the PGA Tour Superstores…
Aldila Sees Flat Q4 Sales…
Aldila, Inc. reported that 2007 fourth quarter sales were essentially flat at $17.7 million versus $17.9 million in Q4 2006. Sales of golf shafts were relatively flat and sales of composite materials were 13% higher. There were no sales of hockey products
OGIO Files Suit Against Callaway for Patent Infringement…
OGIO is taking Callaway to task over alleged patent infringement regarding its Woode Club Management system, which was issued patent number 6,877,694 B2 in April 2005. The company filed papers with the State of Utah's Federal District Court on Februa
Gildan’s Activewear Gets Boost from Prewett Deal to Bolster Fiscal Q1 Revenues…
Gildan Activewear Inc. reported sales in its first quarter climbed 34.8% to $250.5 million from $185.8 million a year ago. The gain was due to an increase of 92.7%, or US$39.4 million, in sock sales due to the acquisition of V. I. Prewett & Son and new re
OBIT: Ted G. Robinson
Theodore (Ted) G. Robinson, a past president of the American Society of Golf Course Architects, died Sunday March 2, 2008 at his home in Laguna Beach, CA after a 10 month battle with pancreatic cancer. He was 84…
Titus Cycles Acquired by Another Arizona Firm
GAI Cycles of Phoenix, Arizona has acquired 100 percent ownership in Titus Cycles, Inc. (Titus) from Vyatek Sports, Inc. GAI’s management team has a strong and diversified background in operations, finance and business development with significant equity
Long Lines, Solid Sales Reported at Canoecopia…
Vendors reported brisk sales and no credit problems at this weekend’s Canoecopia event in Madison, Wisc. On March 7-9 paddling enthusiasts across the Midwest and Canada made their annual pilgrimage to the show, which kicks off a series of consumer paddlin
Crocs Repeats: We Don’t Sell to Costco…
Crocs, Inc. reiterated that it is not selling, never has sold and does not plan to sell its Crocs branded merchandise to Costco Wholesale Corp. But, such emphatic statements do not mean Costco can’t sell Crocs. The retailer said Wednesday that its access
Collective Extends Licensing Agreement With Royer
Collective Licensing International, LLC renewed licensing agreement with, France-based, Royer for the Airwalk brand. Royer will continue to hold the Master License for the Airwalk brand throughout Continental Europe through 2012…
Timberland Increases Stock Buyback Program
The Timberland Co. announced that its Board of Directors has authorized the repurchase of up to an additional six million shares of the company's Class A Common Stock. This additional program supplements the company's current six million share a
Dussault Apparel to Acquire Dayton Boots
Dussault Apparel, Inc. has signed a non-binding Letter of Intent to acquire Vancouver's legendary Dayton Boots Enterprises, Inc. Dayton, which sells shoes and boots through retailers across Canada, has been led since February 2007 by CEO Stephen Enca
Life is good Selects CenterStone for B2B Solution
Life is good has selected CenterStone Technologies, Inc.'s iVendix software to provide a business-to-business (B2B) on-line ordering solution for their retail dealers and sales reps…
Escalade Increases Dividend
Escalade, Inc. increased its quarterly dividend by 14%. Its board authorized the payment of a 25 cents per share dividend payable March 21, to all shareholders of record on March 14…
Loop’d Network Launches Site for Skiers
Loop’d Network, a San Diego start-up that is creating a social networking site for action sports brands, has launched a community for skiers. The new site offers skiers the ability to seek sponsorship, enter contests sponsored by brands such as Oakley and
