Head N.V., for the first quarter ended 31 March 2006, reported net revenues were up 8.2% to €68.1 million ($81.9 mm). Operating result improved by €2.9 million ($3.5 mm) to a loss of €4.2 million ($5.1 mm). The net loss was €5.7 million ($6.9 mm), a €1.4
Author: SGB Media
EK Wins Lawsuit Against Chisco
In a Consent Judgment and Permanent Injunction entered on April 20, 2006, the U.S. District Court for the District of Utah has decreed that Chisco’s P2 Powercord eyewear retainer infringes on EK Ekcessories’ 3 Way Retainer Patent. All members of the Chis
Scott USA Taps Cannondale Vet for NE Sales Manager
SCOTT USA hired Bart Passanante as the North East Regional Sales Manager for the company. He comes to Scott with eight years of experience in the bicycle industry. Passanante started his career as a sales rep with Bell Sports in New York State, and joined
Execute Sports Co-Founder Resigns; Interim CEO Appointed
Donald Dallape, a co-founder, Chairman and Chief Executive Officer of Execute Sports, Inc. tendered his resignation to the Company's board of directors as CEO and Chairman, effective immediately. The board of directors accepted Mr. Dallape's res
REI Breaks Ground on Eastern Distribution Center
Recreational Equipment, Inc. broke ground for its new distribution center in Bedford, Pa. At the ceremony to celebrate the milestone, two community grants as well as the donation of a house to Habitat for Humanity were announced. The distribution center w
Footstar Q1 Net Loss Doubles on 13.5% Sales Decline
Footstar first quarter net sales decreased 13.5%, to $133.9 million in 2006 compared with $154.8 million in 2005. The company's net loss for the quarter was $3.4 million or 16 cents per diluted share compared to $1.4 million or 7 cents.
Big 5 First Quarter Comps Climb 5.3%; Income Declines on Expansion Costs
Big 5 Sporting Goods Corporation first quarter net sales increased $17.1 million, or 9.0%, to $207.2 million from net sales of $190.1 million for the first quarter of fiscal 2005. Same store sales increased 5.3% for the first quarter. Net income for the f
HO Sports Promotes Four New VP’s
The Board of Directors of HO Sports Company, Inc. has recently appointed several new officers. Bob McKeeman is the new vice president opperations. Sharon McMullen is now vice president finance & information systems. Sherri Miller is the vice president sou
Under Armour Shareholders to Sell 6.8 million Shares
Under Armour, Inc. filed a registration statement with the Securities and Exchange Commission for a proposed offering of 6,815,165 shares of its common stock. This filing was made pursuant to a registration rights agreement between the Company and Rosewoo
Pacific Cycle Sales Drop 7%; Dorel Earnings Fall
Dorel Industries Inc. first quarter net income was $24.2 million or 74 cents per diluted share compared to $27.2 million or 83 cents per diluted share a year ago. First quarter revenue was $451.0 million, down from $471.9 million last year. First quarter
Intrawest Reports Double Digit Q3 Revenue Increase
For the third quarter ended March 31, 2006 Intrawest Corporation reported a 25% increase in Total Company EBITDA to $136.5 million from $109.5 million during the same period last year due mainly to the closing of the first phase of the sale of a majority
Phoenix Footwear CEO Resigns
Phoenix Footwear Group, Inc. has accepted the resignation of President and Chief Executive Officer, Rick White. Mr. White is departing to pursue entrepreneurial interests, but has agreed to consult with Phoenix Footwear during a leadership transition peri
OIWC Seeks Nominations for First Ascent Award
The Outdoor Industries Women’s Coalition (OIWC) is seeking nominations for the second annual OIWC First Ascent Award. This award recognizes a woman new to the industry who demonstrates strong potential for leadership. The winner will be rewarded with a sc
Smooth Fitness Hires New COO
Smooth Fitness has hired Marc Cerceo as the company’s COO. Cerceo most recently held the same position with Pat Croce and Company. Previously, he was CEO of the Philadelphia chapter of the American Red Cross. Cerceo brings more than two decades of experie
Marker Moves Warehouse to Reno
Marker Ltd. will move their warehouse from Salt Lake City to an all new distribution center in Reno, Nevada. The move will take place during the month of May, and the new distribution center will be operational by June 1, 2006. Distribution will begin i
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal