Prince Sports Realigns for Regional Focus

Prince Sports has realigned its organization, internal functions and activities in order to increase its ability to better serve customers, according to George Napier, chairman and CEO of Prince Sports, Inc. Prince is now divided into two business units,

LPGA Signs Headwear Deal with Drive Headwear

The Ladies Professional Golf Association has inked a deal making DRIVE Headwear the exclusive and official headwear provider of the LPGA. Under this new partnership, DRIVE Headwear will develop a line of hats complementing The LPGA Collection, an LPGA-br

BofA Inks Major Sponsorship Deal with Baseball Leagues

Bank of America is the first company to simultaneously sign national agreements with Major League Baseball Properties, Minor League Baseball and Little League Baseball, and positioning the company as the “Official Bank of Baseball” in a deal announced Thu

Callaway Acquires FrogTrader Used Club Partner

Callaway Golf Company has acquired all of the stock of FrogTrader, Inc., which had operated under the name Trade Up Commerce. FrogTrader has partnered with Callaway Golf and its participating retailers for the past two years to develop the Trade In! Trade

Ashworth Acquires Gekko Brands in $24 Million Deal

Ashworth, Inc. has acquired Gekko Brands, LLC, a leading designer, producer and distributor of headwear and apparel under The Game® and Kudzu® brands. The purchase price for the acquisition was $24 million consisting of $23 million in cash at the time of

Ashworth Settles Shareholder Lawsuit; Will See Charge

Ashworth, Inc. has reached a tentative settlement to conclude a securities class action lawsuit brought in 1999 against the company and certain current and former directors and officers. Under the settlement, all claims will be dismissed and the litigati

K2 Closes Volkl and Marker Acquisitions

K2 Inc. has closed its previously announced acquisition of Volkl Sports Holding AG, and The Marker Group. The purchase price was approximately $124 million plus the assumption of seasonal working capital debt. Additionally, K2 announced that the net proc

West Marine June Comps Increase 1.8%

West Marine, Inc. reported that net sales for the five weeks ended July 3, 2004 were $102.7 million, a 4.3% increase over net sales of $98.4 million for the same five-week period a year ago. Comparable store net sales for June, 2004 increased 1.8% compare

Collegiate Pacific to Exceed Q4 Sales Guidance

Collegiate Pacific announced that Q4 sales exceeded previous guidance. Sales for the period ending June 30 were approximately $18.2 million. Previous guidance was for sales in the $17 million to $18 million range. “Solid contributions” from the newly acq

Backcountry.com Launches Outlet Site

Backcountry.com has launched a new site focused on overstock goods. The company said that BackcountryOutlet.com will “provide customers the best prices on overstock of premium outdoor gear, while giving gear manufacturers a professional, well-respected c

Footstar Settles with Robinson Over Termination

Footstar, Inc. announced Wednesday that the Bankruptcy Court overseeing its Chapter 11 case approved a settlement with former Chairman and Chief Executive Officer J. M. “Mickey” Robinson of disputes relating to the Company's termination of Mr. Robins

Atomic Establishes Small Business Unit

Constantly evolving to meet the new challenges of the wintersports business, Atomic Ski now plans to establish the industry's first-ever corporate Small Business Unit. Atomic's SBU will be comprised of a Regional Business Director, two Territor

Spyder’s Jacobs Named Entrepreneur of Year

David Jacobs, founder and president of Spyder Active Sports, Inc., was named Ernst & Young Entrepreneur of the Year in the Rocky Mountain Region at a June 24 ceremony in Denver, Colorado. Jacobs was a finalist in the same competition in 1990, 1991, 1994,