TaylorMade-adidas Golf Company filed a lawsuit against Nickent Golf in regard to claims made in Nickent's recent print and television advertising, as well as on the company's website, concerning the purported success of Nickent drivers on tour..
Author: Charlie Lunan
The Golf Report: NGF: 2008 Starts With Decrease in Rounds Played
The National Golf Foundation reports that rounds played for the month of January decreased 4.3%, compared to the same period last year. The group noted that this downturn does not necessarily bode poorly for the year ahead as January typically only accoun
The Golf Report: Bottom Line Fails to Follow Top for True Temper…
True Temper Sports, Inc. saw a strong jump in fourth quarter sales as each of the company’s product segments saw increased revenues compared to the year-ago period…
The Golf Report: Industry Companies Provide More Detailed Results in SEC Filings…
Several industry companies, either public companies themselves or divisions of public companies filed 10-K forms with the SEC over the past few weeks, disclosing a few key details about their respective businesses. Unfortunately, the more detailed picture
The Golf Report: TGR Goes One-On-One with… Ashworth’s Allan Fletcher
TGR sat down with Allan Fletcher, founder of Fletcher Leisure Group, for a one-on-one to talk about his new role at Ashworth Inc, where he moved four months ago…
IMBA and Kona to Promote Four Epic Rides
IMBA has partnered with long term corporate member Kona Bicycle Co. to promote four Epic celebrations in 2008. The Kona/IMBA Epic ride events will bring together mountain bikers from IMBA's 650 affiliated clubs and Kona's network of 300 dealers
Hilleberg to Sponsor Washington’s TrailsFest Again
Hilleberg the Tentmaker will return as a major sponsor for the third consecutive year at TrailsFest, a hands-on outdoor recreation festival near Seattle. Outdoor Research, REI, Clif Bar, Egan & Associates LLC, and Bay Street Publishing are also confirmed
Nike, Inc. Continues to Defy Gravity in Fiscal Q3
Nike, Inc. rolled out its 23:11 strategy a year ago, outlining goals of reaching $23 billion in sales by the year 2011. Progress against that plan appears to be on track as the weaker U.S. dollar, successful inventory controls, gains in U.S. market share
UK Distributor Buys DuFFS from GenFoot
DuFFS 93 Ltd. has purchased the DuFFS brand from DuFFS International Inc., a subsidiary of GenFoot Inc., parent company to the Kamik brand of winter boots. The new parent company was formed by Alex Hall and his distribution business in the U.K., Jackal Di
Heelys Extracts $1.4M and Licensing Deal in Settlement…
Heelys, Inc. has agreed to settle its patent and trademark infringement dispute with Elan-Polo, Inc. for $1.4 million. Heelys also reached a licensed agreement with Elan-Polo to sell certain wheeled sneakers. Under terms of the settlement, Elan-Polo will
Sports Direct Ups Guidance as Sales Follow Plan…
Sports Direct International plc reported sales of £317m ($641.3mm) for the quarter ended January 27, with a profit of £142 million ($287.3mm). The company said that though business has remained in line with expectations since quarter-end, it raised its EB
Li Ning Sales Rise 36% on Branded Strength
Li Ning Group Limited, one of the leading sports brand enterprises in China, reported strong double-digit revenue and earnings growth for this fiscal year ended Dec. 31, 2007, led by sales of its eponymous brand…
Shoe Carnival To Reduce SKUs…
Coming off a tough Q4 and reacting to a challenging economic climate, Shoe Carnival plans to reduce the number of SKUs in its stores but maintain deeper size runs in order to reduce out of stock days in key products. Given the rising prices coming out of
Nike Swim Up Over 40% in 2007
Perry Ellis International, Inc. said Nike Swim revenues grew over 40% last year, to reach almost $50 million. For the current swim season, which runs from Q4 of last year to Q2 of fiscal 2009, Perry Ellis's Swim Group experienced a 12% revenue increa
Reebok Hit with Jewelry Penalty
Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, according to the U.S. Consumer Product Safety Commission…