Karhu Holding BV and Karhu Sports Oy reached an amicable settlement to their dispute over the Karhu trademarks. Karhu Holding BV was confirmed as the owner of the Karhu global trademark portfolio and will be responsible for the sale of all other products
Author: sportsoneauthor
Performance Running Brands See a Shift Sway From Motion Control Footwear
Like neutral cushioning and stability, motion control has been one of the traditional categories that performance running footwear brands and retailers have used to segment their products…
Pace Setters
The SGMA’s “2008 State of the Industry Survey” lists running as number four on the list of “Hottest Sports for Sales Growth in 2008” behind yoga / pilates, fitness walking and lacrosse. Women play a significant role in keeping running at the top of that l
Somnio Launches Customizable Footwear Line
An avid runner who was experiencing problems with his feet, Sean Sullivan started seeing Dr. Andy Pruitt at the Boulder Center for Sports Medicine in Boulder, CO. The conversation quickly shifted from Sullivan’s problems to the solutions…
Johnson Outdoors Q1 Net Sales Fall 8.2%
Johnson Outdoors Inc. had net sales of $69.8 million for the first quarter ended Jan. 2, 2009, an 8.2% decline compared to net sales of $76.0 million for the prior year quarter. Loss from continuing operations of $6.9 million, or 76 cents per diluted shar
NexCen Amends Credit Facility
NexCen Brands, Inc., the parent of The Athlete's Foot, has entered into an amendment of its credit facility with BTMU Capital Corporation. The amendment reduces the interest rate on the Class B Notes, the outstanding balance for which total approxima
Brunswick Q4 Sales Drop 42%
For the quarter ended Dec. 31, 2008, Brunswick reported net sales of $837.7 million, down 42% from $1,436.0 million a year earlier. For the quarter, the company reported an operating loss of $38.4 million, which included $48.9 million of restructuring cha
U.S. Dept. of Education Allocates $70M to Get Youth Active
The U.S. Department of Education recently announced the availability of $70 million dollars for the purchase of products, including snow sports, that help activate children and for training on the use of such products, reported the SIA. The Carol H. White
GSI, Innotrac Terminate Buyout Deal
E-commerce companies GSI Commerce Inc. and Innotrac Corp. said Thursday have agreed to terminate a cash-and-stock buyout deal. GSI had agreed to buy Innotrac in October for $52 million, including $22 million in cash and the rest in stock. GSI's share
Jarden Appoints Deutsche Bank to Replace Lehman
Jarden Corporation has reached an agreement to settle all of its outstanding claims against Lehman Brothers related to the bankruptcy of Lehman and related entities and the subsequent defaults of Lehman Commercial Paper Inc., an affiliate of Lehman Brothe
OIA: Outdoor Sales Gain 5% for FY08
Outdoor sales for the entire year in all three core outdoor store channels (chain, internet, specialty) totaled $5.2B, a 5% gain over 2007, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report…
RECALL: L.L. Bean Ice Cleats
The U.S. Consumer Product Safety Commission, in cooperation with the L.L. Bean Inc., today announced a voluntary recall of the Stabilicers Lite Cleats…
Columbia Q4 Profit Drops, Sales Fall 6%
Columbia Sportswear Co. reported sales in the fourth quarter slid 6% to $354.9 million from $376.7 million for the same period of 2007. Sales included a 3% negative effect from changes in foreign currency exchange rates compared with the fourth quarter of
GORE, Burton Partner on 2010 Olympic Snowboarding Uniforms
Burton will provide the official snowboard outerwear for the U.S. Snowboarding Team at the Vancouver 2010 Olympics, as it did for the Torino 2006 Olympics. In addition, Burton will build on its long-standing relationship with W. L. Gore & Associates by pa
RECALL: Outdoor Research Warming Gloves
The U.S. Consumer Product Safety Commission, in cooperation with Outdoor Research, Inc., has announced a voluntary recall of “Primovolta” and “Primavolta” Warming Gloves. Consumers should stop using recalled products immediately unless otherwise instructe
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