ASICS America Corporation named Nobuo Oda as its new CEO and Chairman.Oda will replace current CEO and Chairman Seiho Gohashi, who will move back to his native country and take on a new executive position as senior general manager of Asia Pacific Region..
Author: Charlie Lunan
West Marine Takes $56.9M Goodwill Hit
West Marine, Inc. losses jumped in 2007 due primarily to a non-cash write down of goodwill. The company said it also spent $2.7 million cooperating with SEC investigators and paid out $1.3 million in severance to its former CEO. The boat and boating suppl
Hi-Tec Names New UK Sales Manager
Global sports brand HI-TEC SPORTS has appointed Andy Geary as UK Sales Manager. Leading the HI-TEC UK salesforce, Andy will be also be responsible for strengthening relationships with the UK’s leading sports buying groups STAG, INTERSPORT and ALLIED…
Mizuno Tech Lab Debuts in Atlanta This Weekend
Mizuno will launch its experiential “Run with Us” marketing campaign this weekend in Atlanta at the ING Georgia Marathon. The grassroots campaign features a mobile lab designed to provide expert analysis and recommendation for runners of all skill levels.
Wayfinder Introduces Free GPS App for Cell Phones
Sweden's Wayfinder is introducing a free GPS application for mobile phones with a unique combination of maps, GPS recording and statistics that is designed for people who enjoy running, hiking, skiing, biking or other outdoor activities…
ECCO Sales Almost Hit $1 Billion in 2007
After-tax profits at Danish footwear maker ECCO Sko A/S broke the $100 million mark on a 16.8% increase in sales to $972 million in 2007. The company said its unit volume rose 14.5% to 16.9 million pairs. The company expects its margins to hold in 2008 a
NRI Warehouse Under Construction
Canadian logistics provider NRI Distribution Inc. said contract extensions with a number of customers have allowed it to break ground on a 130,000-square-foot warehouse in British Columbia that will improve service to outdoor sporting goods vendors and re
Luxottica Confirms 2008 Guidance
Luxottica Group S.p.A. confirmed its previously announced earnings per share (EPS) guidance for fiscal year 2008. The Italian optical giant said that on a pro forma basis, recently acquired U.S. eyewear maker Oakley would have diminished its 2007 wholesa
Gregory Sold to Management Led Buyout Group
A management-led buyout group has paid cash to buy Gregory Mountain Products from a British aerospace giant that acquired its parent company last year. Terms of the deal were not disclosed. The new ownership, Gregory Mountain Products, LLC, was formed by
Fonte to Retire as President of Prince Americas
Doug Fonte is retiring from Prince…again. Fonte left retirement in 2005 to run Prince's U.S. tennis business. A year later, he took on responsibilities in Canada and Latin America. Prince announced Wednesday that he is retiring as President-Prince
Founder Leaves Teko as Private Investor Enters
Teko Founder and CEO Jim Heiden has left the company as part of a deal with a new investor, the performance sock maker said late Wednesday. The company said teko VP of Operations Owen Hammond had been named general manager in a move to ensure “a smooth ow
Nautilus Chairman Takes CEO Reigns
Nautilus Chairman Edward Bramson has assumed the additional duties of chief executive officer replacing Robert S. Falcone. Falcone has served as CEO since Aug. 13, 2007 when the board asked him to step in to run the company following the termination of th
Macy’s To Raise Money for National Parks
Macy’s has partnered with Cotton Inc. and the National Park Foundation “to educate, raise awareness and generate funds for parks across the country.” The collaboration is the cornerstone of Macy’s Turn Over A New Leaf campaign that kicks off on April 20,
Quiksilver Rossignol Throws Switch on iVendix
CenterStone Technologies, Inc., an international developer of Web-based B2B e-commerce software for manufacturers selling through specialty retail channels, today announced that The Quiksilver Rossignol Group is now “live” on the company’s iVendix softwar
The Golf Report: February Hardgoods Sales Grow on Clearance
February proved to be a surprisingly strong month at retail for the golf industry according to data gathered by retail point-of-sale research firm, SportScanINFO. Net sales improved in the mid-teens for the golf hardgoods market as unit sales improved in
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