At the tail end of 2007, Quiksilver sold off its golf hardgoods business in the form of a $132.5 million deal as SRI Sports, the parent of Srixon acquired Cleveland Golf (see SEW_0745). The deal left the industry guessing at the possible consolidation an
Author: sportsoneauthor
Steve and Barry’s Faces Credit Crunch…
Steve & Barry's is seeking about $30 million in funding to avoid filing for bankruptcy sometime in the next month, according to a report in the Wall Street Journal. The closely-held retailer has also reportedly hired Goldman Sachs as a financial advi
K-Swiss Benefits From Stripe Fights…
Following an Oregon court’s decision that gave adidas the largest trademark award ever in a jury decision in its stripe fight against Payless (see SEW_0819), it was only a matter of time before K-Swiss had some good news. That news came Friday when the co
Yue Yuen Reports Second Quarter Revenues Jump 23.5%…
Yue Yuen Industrial Ltd. reported second quarter sales jumped 23.5% to $1.66 billion from $944.5 million a year ago. For the period ended March 31, athletic footwear sales, its largest category, climbed 23% to $668.1 million. Also seeing strong growth wa
Finish Line Starts New Year with Better Than Expected Results…
After a tough year maligned by the botched acquisition of Genesco Inc. as well as sluggish footwear sales, The Finish Line finally delivered some good news last week with better than expected results for its fiscal first quarter ended May 31. A surge in
New CEO Says Performance Inc. Well Situated for Price-Conscious Multi-Channel Consumer…
Performance Inc. appointed Jim Thompson, who guided golf specialty retailer Golfsmith International Holdings Inc. through its IPO, as its new CEO. Thompson departed as Golfsmith’s CEO in January as the company lowered its guidance for 2007 well below expe
Tecnica Group USA Realigns…
The Tecnica Group USA, Inc., which distributes Blizzard skis, Lowa outdoor footwear, Nitro snowboards, Nordica ski boots, Nordica skis, Nordica apparel, Rollerblade, Tecnica ski boots and Tecnica winter footwear in the United States, has realigned its bus
Retailers Take Price Increases in Stride for Spring/Summer 2009…
With deadlines for pre-season discounts on spring/summer 2009 product falling over the next two weeks, outdoor specialty retailers appear to be taking the largest wave of price increases in years in stride – in part because they were not as bad as anticip
Black Diamond Cuts Ties with Beal Ropes…
Black Diamond Equipment Ltd said it has amicably ended its formal partnership with Beal Ropes this month…
Pure Fishing Establishes World Headquarters in Columbia, South Carolina…
Pure Fishing, provider of branded fishing products, today announced plans to establish its world headquarters in Columbia, South Carolina. The Columbia location will contain the Pure Fishing world headquarters staff including senior leadership, sales mana
SportsOneSource Study Sees Price Take Top Spot in 2008 ‘How America Shops’ Report…
The active sports lifestyle market may be surprised by how consumers view the retail landscape in the industry today. A recent study found that price has become the number one motivating factor in determining where to shop for sporting goods or athletic
Under Armour Taps Alleson for Team Uniforms…
As part of its strategy to seek new business opportunities in niche team markets, Rochester, NY-based Alleson Athletic has signed a six-year agreement to make Under Armour branded custom uniforms for youth, high school and collegiate teams. The first Alle
Nike Sues EMS Over Dri-Fit Ads…
Nike, Inc. has filed suit against Eastern Mountain Sports (EMS) over the retailer’s use of the DRI-FIT mark in e-commerce operations. Nike took offense at EMS’ use of DRI-FIT in paid search term-based advertisements on Internet search engines…
Skechers Suit Against Aetrex…
Skechers, Inc. has filed suit against Aetrex Worldwide for alleged patent and trade dress infringement. Skechers claims that Aetrex is selling footwear that infringes on its Biker-Sightsee Series…
Stripe Fight II: Wal-Mart…
adidas has now filed suit against Wal-Mart, claiming it copied some of adidas' products. According to the complaint, Wal-Mart used a striped logo similar to the one associated with adidas products…
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