Greg Norman Collection has inked a sponsorship agreement with the Association of Golf Merchandisers for 2004. As part of the agreement, Greg Norman Collection will sponsor the association's Bulletin Board on the “Member's Only” section of its we
Author: James Hartford
SGMA: PEP Bill Passes with 15% Increase in Funding
For the fourth consecutive year, physical education received a boost on Capitol Hill. Congress finalized a 15% increase in funding for the Carol M. White Physical Education for Progress (PEP) program as part of a 2004 omnibus spending bill, was approved
New Era to Consolidate Manufacturing in Derby
New Era Cap Company notified its Western New York employees Friday of its need to consolidate its two manufacturing facilities in that area in order to help maintain a competitive position in the marketplace. The headwear company will transfer operations
Vans Named in Class Action Lawsuit
A class action lawsuit has been filed against Vans, Inc. in the United States District Court in California on behalf of the City of Dearborn Heights Act 345 Police & Fire Retirement System and purchasers of VANS common stock during the period between Marc
Callaway Gets 2003 Sales Lift — and Profit Hit — from Top-Flite Deal
Callaway Golf Company reported net sales for the full year 2003 of $814 million compared with $793 million for the prior year. Net income for the full year was $46 million, or 68 cents per diluted share, versus $69 million, or $1.03 per diluted share, for
MandA Group Sees Continued Industry Consolidation
Mergers and consolidations will continue to shrink the number of players in the $40 billion global sporting goods industry in 2004. That's the forecast of The Mercanti Group, a boutique investment banking firm that served as the advisor to K2, Inc. i
Nike to Replace adidas as U.S. Olympic Sponsor
Nike has signed as an official sponsor and licensee of the 2006 and 2008 U.S. Olympic and Paralympic Teams, as announced by the U.S. Olympic Committee. The partnership with Nike will officially begin in January 2005. For the first-time, U.S. Olympic and P
Amerex to License akademiks Brand for Ourterwear
Amerex Group Inc. has entered into a licensing partnership with Kemestre 8 dba Akademiks to manufacture a new line of outerwear for Akademiks men’s and akdmks ladies and girls. The first preview of the new Akademiks men’s and akdmks ladies and girls oute
Torpedo Sports Files Delayed 10-K and 10-Q
Torpedo Sports USA reported net sales of $6,075,549 and a net loss of $(3,458,072) for the year ended July 31, 2003 as compared to net sales of $8,209,400 and net income of $280,356 for the year ended July 31, 2002. For the first quarter ended October 31
New Company to Unveil Bobby Jones Golf Equipment Line
The family of Bob Jones announced a licensing agreement for golf equipment with a newly formed company, The Bobby Jones Golf Company LLC, which has inked the international agreement to license the manufacturing and marketing rights for the use of the Bobb
Thule Acquires Trailer Manufacturer
Thule has announced the acquisition of the recreational trailer manufacturer C&C Distributors, Inc. of Winslow, Maine. C&C, makers of the popular SNOPRO and CARGOPRO trailer brands, will be consolidated into the Thule Group as part of the North American C
ICON Fiscal Q2 Net Income Up 12.4% on Stronger CV and Strength Sales
ICON Health & Fitness is reporting that net sales for the second quarter of fiscal 2004 ended November 29, 2003 increased $13.4%, to $331.8 million from $292.7 million in the comparable period in 2003. Sales of cardiovascular and other equipment increased
TSA to Re-Launch Vendor Days
The Sports Authority announced the re-launch of a new vendor program. The Sports Authority Vendor Days will allow companies to showcase their new products at the Company's corporate offices in Englewood, Colorado. Vendor Days will be scheduled once
NSGA: Average Price of Sports Footwear Down Slightly in 2003
With an almost even divide between increases and
decreases in average prices for the 24 categories of athletic and sports footwear surveyed by the National Sporting Goods Association, the average price point for all footwear declined only slightly in 2003
Bauer Nike Hockey Partners with World Cup of Hockey
Bauer Nike Hockey and the World Cup of Hockey 2004 have announced a global partnership for the eight-nation tournament to be held Aug. 30 through Sept. 14 in North America and Europe. The multi-tiered agreement will provide Bauer Nike Hockey a presence t
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