Cybex International, Inc. said hundreds of the company's pink 750T treadmills will be moving at varying speeds in fitness clubs and YMCA’s across the country throughout the month of October – and with a purpose – to raise funds for The Breast C
Author: sportsoneauthor
Nike, Inc. Overcomes Fiscal Q1 Sales Decline
Nike, Inc. saw shares rise 5.8% for the week to close at $62.02 on Friday despite a double-digit decline in fiscal first quarter revenues. The increase came as some analysts upgraded the stock after the company beat Wall Street earnings estimates on redu
Talking Growth at Thomas Weisel’s Consumer Growth Conference
At the Thomas Weisel Consumer Conference, executives began talking about ways to find growth for a change. While many cautioned that the market is not out of the woods yet and inventory and expense controls were in place, the execs appeared to agree that
Yue Yuen Year-to-Date Profit Falls Despite Revenue Gain
Yue Yuen Industrial (Holdings) Limited reported sales for the nine months ended June 30 rose 4.8% to $3.8 billion. Profits decreased 17.2% to $362.8 million. Excluding non-recurring items, recurring profit attributable to equity holders increased by 9.5%
Modell’s Sporting Goods Plots Strategy for “Rebirth” Initiative
In its biggest overhaul since changing its name from “Modell's Shoppers World” in the late 1980s to focus solely on sporting goods, Modell's Sporting Goods last week launched a comprehensive reinvention initiative entitled “Rebirth.”…
Gander Mountain Intends to Go Private
Gander Mountain Co. board of directors has announced its intent to cease its public company status. GMTN’s board made the decision after concluding that the disadvantages of remaining an SEC-reporting company – including the costs associated with on
OIA Endorses ORSM Date Shift Back to August for 2010
Outdoor Industry Association endorsed a shift of the Outdoor Retailer Summer Market dates from the third week of July back to the first week of August in 2010 and beyond. The shift comes after Canoe and Kayak Magazine announced its intention to launch a c
Acushnet Assists in Breakup of Counterfeit Ring
The ringleader of a wide-ranging criminal conspiracy involving the sale of counterfeit golf equipment pled guilty to various charges, including conspiracy and counterfeiting, in a London court last week, according to a statement from Acushnet Co., the div
SGMA Moves Headquarters
The Sporting Goods Manufacturers Association (SGMA) moved its headquarters from Washington, D.C. to Silver Spring, MD…
Nautilus to Divest Commercial Assets
Fitness company Nautilus, Inc., said in the future, it will focus its resources on its branded consumer businesses. Accordingly, the company is actively seeking buyers for substantially all of the assets, liabilities and ongoing operations of its commerci
Blacks Leisure to Shutter 89 Doors
Blacks Leisure, the U.K. outdoor chain, announced plans to close 89 stores across the group that have not “traded profitably for years”. The firm, which operates Millets, Blacks and O'Neill shops, also said it plans to lay off 50 employees at its Nor
Obituary: Mike Doyle
Robert M. “Mike” Doyle, a regional vice president of Golf Galaxy, passed away Monday. He was 54 years old. Doyle, who was with Golf Galaxy for the last five years, has also worked at Herman's, Modell's Sporting Goods, Sports Authority, Sneaker
OIA Rendezvous Has More Hopeful Tone
The 14th annual OIA Rendezvous again attracted the leaders of the outdoor industry to gather in one place for three days of seminars, discussions and business at San Diego’s Coronado Island. Based on the increased attendance, this year’s Rende
Vail Resorts Fiscal 2009 Income Halved on Declining Skier Visits
Vail Resorts saw a very difficult year with declining sales and net income was cut in half for the fiscal year ended July 31, 2009. However, the ski resort holding company was easily able to stay profitable in spite of serious challenges in the hospitali
Mavis Out at Sugoi as Dorel Plots a New Direction for Company
Chris Fuentes has been named president of Sugoi, the cycling and running apparel brand owned by Dorel Industries. He replaces Stan Mavis, who has left the company…
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