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
Fox Racing Shox Hires Patent Attorney
Fox Factory, Inc. has hired a high-powered patent attorney, inventor and former mountain biking and motocross enthusiast as its general counsel. David Haugen, who will also carry the title “chief patent attorney,” will focus on ensuring that Fox's i
Puma AG Sees Growth Slow Again, But U.S. Slow Down Helps Margins…
After years of double-digit growth, Puma AG came back down to earth in 2007, posting weaker growth for the year despite the continued consolidation of former distributors and a growing owned-retail business, thanks in large part to a decline in the U.S. a
Big 5 Anticipates Negative Comps through 2008…
Big 5 Sporting Goods Corporation’s same-store sales fell 4.7% in the fourth quarter and will do more of the same throughout 2008. The retailer said it expects same-store sales to decline in the low to mid-single-digit range in the first quarter and for th
Globe Sees H1 Sales Improve…
Globe International, like the other Australian businesses with a bulk of sales in the U.S. saw currency exchange rates eat into what would have been strong results for the fiscal first half. The company saw H1 net sales grow 2.8% to $63.6 million, but wou
Speedo Sales Dip 12% in 2007…
Speedo revenues for 2007 fell 12%, or about $30 million, primarily due to a reduction in shipments to clubs. On a positive note, Warnaco, its parent, noted that Speedo's shipments to its team dealer network and sporting goods stores were up 3%, and S
Pyranha Now Sitting on Top with Kayak Acquisition…
Two months after closing a deal to distribute a line of sit-on-top kayaks from Thailand, Pyranha USA has lined up 20 dealers. The company expects the addition of Feel Free recreational kayaks to double its unit sales in 2008 and to triple dollar sales wit
Columbia Realigns Montrail Under Mountain Hardwear
Columbia Sportswear Company announced that effective May 1, 2008, all sales, marketing and service functions for Montrail Inc. will be realigned under the management team of Mountain Hardwear Inc. Montrail product sourcing functions will remain under Colu
Puma Sees Strong Q4 Sales Currency-Neutral, But Weak Showing in Americas
Puma reported a currency-neutral fourth quarter sales jump of 10.3% to €504.5 million ($730.8 mm), but saw those gains affected by the weakened U.S. dollar. Footwear rose by 7.0% to €277.2 million ($401.5 mm), Apparel by 14.8% to €194.7 million ($282.0 mm
K-Swiss Sees Tough End to Tough Year
K•Swiss Inc. saw net earnings for the fourth quarter drop 94.4% to $596,000 from $10.7 million last year as total worldwide revenues decreased 16.7% to $78.2 million from $93.8 million in the prior-year period. Total worldwide revenues for 2007 decreased
MLS Partners With GSI Commerce
GSI Commerce Inc. has become the new, full-service e-commerce solution provider for Major League Soccer (MLS) recently re-launching the league's Web store at http://www.mlsgear.com. With the addition of MLS, GSI provides e-commerce solutions for near
Phoenix Footwear Names New President of Tommy Bahama Footwear
Phoenix Footwear Group, Inc. appointed James Clopton as president of its Tommy Bahama Footwear and H.S. Trask divisions, effective March 3. Clopton brings to Phoenix Footwear over 30 years of senior level footwear, accessories and apparel experience. Prio
Footjoy Renews Contract With the AJGA
FootJoy, one of the brands that make up the Acushnet Company, has extended its commitment to the American Junior Golf Association for another five years, through 2013. FootJoy, an Official Partner of the AJGA since 2004, will continue its sponsorship of t
Nike Inc. Divests Bauer Hockey in $200 mm Deal…
The deal that has been the talk of the hockey industry since late September finally occurred last week as Nike reported reaching a definitive agreement to sell its Bauer Hockey subsidiary to an investor group led by Kohlberg & Company and Canadian busines
