Robert Langlois, VP of Winter Sports at Head USA will leave the company Sept. 30. He has accepted an opportunity to work for a company in the North American Winter Sports Apparel market located in Montreal close to where he lives…
Author: sportsoneauthor
Head USA’s Robert Langlois to Exit Company in September
Head USA said Robert Langlois, VP winter sports- US will leave the company on Sept. 30. He has accepted an opportunity to work for a company in the North American Winter Sports Apparel market located in Montreal close to where he lives…
New Balance CEO to Join AAFA Board of Directors
The American Apparel & Footwear Association (AAFA) said Rob DeMartini, CEO of New Balance, will join the AAFA Board of Directors and Executive Committee…
Johnson Outdoors Consolidates Watercraft Operations
Johnson Outdoors Inc. is consolidating operations for its paddle sport brands in Old Town, ME by the end of September 2009 as part of a “comprehensive effort to improve profitability” of its Watercraft business unit. The decision will result in the closur
Cloudveil Hires Sales Agency to Cover Mid-Atlantic
Cloudveil has hired Brandywine River Representatives to manage outdoor product sales in the Mid-Atlantic territory. Along with Agency Owner and Principal Andy Molter, the Brandywine organization includes Associate Representatives David Donahue and Justin
Nike Shares Slide on Weaker Backlog, Outlook
Nike Inc. posted flat currency-neutral revenue growth for the second fiscal quarter and net income was up in low-single digits when excluding one-time charges associated with staff reductions and other expense-cutting measures, but a diminished backlog po
The Finish Line Exits Man Alive; Jimmy Jazz Affiliate Paid to Assume Business
The Finish Line Inc. last week threw in the towel on its long underperforming Man Alive chain. The company agreed to pay $7 million in cash to Man Alive Acquisition LLC, which is controlled by Jimmy Jazz stores owner and operator Jimmy Khezrie, to assume
Yue Yuen Sees Athletic Footwear Shipments Decline in Fiscal Second Quarter
Yue Yuen Industrial Ltd., the China manufacturing giant that makes footwear for many key athletic brands, reported net income declined 2.05% to $108.5 million in the second fiscal quarter, compared to $110.7 million a year ago. For the period ended March
The Finish Line Feels the Pain of Year-Ago Comps; Traffic a Challenge in Q1
Finish Line Inc. posted a small loss in its first quarter ended May 1 due to a pre-tax loss of $3.9 million from its Man Alive division, which is in the process of being divested (see page 6), but weak traffic remains a drag on its core Finish Line busine
Smith and Wesson Sees Fourth Quarter Top Line up 20% on MandP Strength
Smith & Wesson Holding Corporation said net sales for the fourth quarter ended April 30 were $99.5 million, a 19.8% increase from sales of $83.1 million in the year-ago period. Management for the legendary gun-maker said strong sales of M&P (military and
Sport Supply Group Acquires Webster’s Team Sports
Sport Supply Group, Inc. acquired substantially all the assets of Webster's Team Sports of Pompano Beach, FL, as part of a goal to “dominate team sports distribution in the state of Florida.” Terms were not disclosed but Sport Supply Group did not as
Sport Chalet Posts Wider Fiscal Q4 Loss
Sport Chalet, Inc. saw shares jump 55% last week even as the Southern California-based retailer posted a much wider loss and sharply lower comparable store sales for its fourth fiscal quarter ended March 29. Sales declined 12.7% to $84.5 million in Q4 fr
Nike, NBA Hall of Fame Sued Over Michael Jordan Hall of Fame Line
A Massachusetts sportswear company is suing Nike, Inc. and the NBA Hall of Fame, claiming breach of contract and fraud related to the sale of sportswear linked to Michael Jordan's upcoming induction into the Hall…
Online Videos Expand as Useful Marketing Tool
Social Media has certainly had an impact on nearly every facet of business, and companies continue to expand their brand presence online. New online social communities, purchasing opportunities, customer reviews, and shopper incentives are introduced ever
Performance Bike Debuts New Store Design
Performance Bicycle, which operates 85 bike stores across the country, is launching a new store design with a relocated store in Greenwood Village, CO. The design features easier bike selection as each bike is showcased in one of five major categories – R
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