Collective Licensing International, LLC has entered into a licensing agreement with UFU Inc. to distribute and market Airwalk branded snowboarding gear including Airwalk branded boots, snowboards, bindings, and snow outerwear in Japan. UFU expects to see
Author: James Hartford
Wilson Racquet Sports Names New RandD Team
Wilson Racquet Sports has named Bill Severa as the Director of Technology for the Racquet Sports newly formed Innovations & Design Group. Severa, who has been with Wilson for 21 years, was the Senior Designer for the last seven years. He started with Wil
Johnson Outdoors May Go Private Again in Action by Johnson Family
Johnson Outdoors Inc. has received a nonbinding proposal to acquire outstanding shares of the company for a cash price of $18.00 per share. The proposal from Samuel C. Johnson (majority shareholder and director of Johnson Outdoors) and Helen Johnson-Leipo
Skechers Q4 Loss Expands 43% on 3.0% Sales Decline
Skechers USA, Inc. reported that net sales for the fourth quarter of 2003 were down 3.0% to $175.3 million compared to $180.8 million in Q4 2002. The net loss for the quarter was $12.3 million, or 33 cents per diluted share, versus a net loss of $8.6 mil
Lindenbuam Resigns Modell’s Position; Moves to Start-Up
Modell’s Sporting Goods has announced that Peter Lindenbaum, Senior Vice President of Merchandising/Advertising, has resigned to pursue other opportunities. He will join 24/7 International, a newly-formed manufacturer of sports bags, luggage and brief ca
The Hockey Company Triples 2003 Profits on 13% Sales Gain
The Hockey Company Holdings Inc. reported that fourth quarter net sales were $68.7 million, an increase of 12.0% compared with last year. Gross margin improved by 470 basis points to 44.8% of sales compared with 40.1% in Q4 2002. Net income for the quart
SGMA Lays Out Legislative Agenda; P.E. and Parks Top Focus
Looking to capitalize on a string of legislative successes in recent years, SGMA International has established a bold public policy agenda in 2004. The sporting goods industry’s top priorities will be to secure additional funding for the Physical Educat
Aldila Narrows Q4 Loss Despite JV Charges
Aldila, Inc. reported net sales of $9.8 million for the fourth quarter ended December 31, 2003 compared to $9.1 million in the same quarter of 2002. ALDA reported a net loss of $1.3 million, or 26 cents per share, for Q4 2003 compared to a net loss of $1
Ashworth in Alliance with Association of Golf Merchandisers
Ashworth, Inc. has announced that Ashworth and Callaway Golf apparel have established a strategic educational alliance with the Association of Golf Merchandisers. The alliance was developed in response to AGM members' request for additional informati
K2 Inc. Quadruples Q4 Net Income on 52% Sales Gain
K2 Inc. reported that fourth quarter sales increased 51.8% to $193.8 million from $127.7 million in the 2002 fourth quarter. Diluted earnings per share in the fourth quarter increased 133% to 7 cents, including one cent benefit relating to a gain on the s
GSI Commerce to Provide E-Commerce Services for Timberland
GSI Commerce, Inc. announced that its majority owned subsidiary, GSI-Chelsea Solutions, LLC, has been selected by Liz Claiborne Inc., The Timberland Company and Polo.com as the new e-commerce service provider for their e-commerce businesses…
Ashworth to Run Merchandiser Contest for Callaway Apparel
Ashworth, Inc. announced a call to their accounts to participate in the first annual Callaway Golf apparel Merchandiser of the Year Award. A National Callaway Golf apparel presentation contest will begin on March 1st with the winners being selected in mid
Huffy Q4 Loss Widens on Sales Decline; Will Make Gen-X Cuts
Huffy Corporation announced a net loss of $11.8 million or $0.74 per common share for the fourth quarter of 2003 compared to a loss of $4.2 million or $0.29 per common share reported in the fourth quarter of 2002. Net sales for the fourth quarter were $1
Columbia Nabs Chinese Counterfeiters
Columbia Sportswear Company recently joined forces with southern Chinese authorities to raid a factory producing counterfeit Columbia Sportswear jackets. The recent raid of Lianxing Garments Company located in Zhongshan City, China is part of an aggressi
Reebok Inks MLB Footwear License Deal
Major League Baseball Properties and Reebok International Ltd. have reached a multi-year, global licensing agreement which will make Reebok the MLB Authentic Collection official supplier of footwear. This new agreement brings Reebok into the Major League