Following the successful acquisition of Salomon, Amer Sports Corporation is reorganizing the management structure of the French company and its subsidiaries. The aim is to efficiently integrate the business operations of Amer Sports and Salomon. The chang
Author: sportsoneauthor
Callaway Golf Wins Business Ethics Award
Callaway Golf Company was recognized by the San Diego Better Business Bureau with the 2005 Torch Award for Marketplace Ethics, an annual award honoring companies for outstanding commitment to ethical business practices. This is the third time Callaway Gol
Aldila Recognized as Top Branded Golf Shaft
The Darrell Survey Company recognized Aldila as the number one shaft brand in their recently completed U.S. National Survey.
Report: Shoplifting Rate Increases This Holiday
The holiday shopping season is here, and with it comes retailer concerns over shoplifting and employee theft. According to a new University of Florida retail study, those concerns are well founded — with evidence of losses from shoplifting on the rise. T
Umbro U.S. Sales Triple
Umbro year to date sales worldwide were up 4.7%.
The company also reported that pre-season orders for England licensed product is is already ahead of 2004 sales. Umbro's sales expectations for 2006, when the World Cup is scheduled, are in excess of
Acquisitions Help G-III Post 61.7% Third Quarter Sales Increase
G-III Apparel Group, Ltd. third quarter net sales increased by 61.7% to $186.6 million and net income per diluted share increased by 30.0% to $1.73. This compares to net sales of $115.4 million and net income per diluted share of $1.33 during the comparab
Level Gloves Restructures Sales Force
Level USA, the US distributor for Level ski and snowboard gloves, has reconfigured its sales force for 2005-06. Going forward, all Level USA reps will sell both Level’s ski and snowboard lines…
Scott USA Plans to Enter XC Full-Suspension Market
Scott USA will develop a new XC full suspension design for 2007. The company has been blocked from selling it’s Genius full suspension mountain bike in the US, though it will continue to sell this award winning design in some 60 other countries around the
Sears Holdings Looks to Acquire Sears Canada
Sears Holdings Corporation is proposing to acquire all of the outstanding common shares of Sears Canada Inc., for C$16.86 per common share in cash, after the distribution to shareholders of the C$18.64 per share distribution announced last Friday by the B
Specialized Wins FSR Patent Case
After a year and a half of arbitration and courtroom battles, Specialized has successfully defended its FSR suspension system. Under the terms of a recently reached agreement, Scott USA admits that its existing Genius bicycle suspension design infringes o
Dick’s Hires Gwen Manto as EVP and CMO
Gwen Manto will join Dick's Sporting Goods as Executive Vice President & Chief Merchandising Officer. Ms. Manto will be responsible for all areas of merchandising as well as private label sourcing, merchandising planning, replenishment and allocation
Reebok Inks Sponsorship Deal with Daddy Yankee
Reebok and Latin music recording artist Daddy Yankee have formed a multi-year partnership that includes a signature collection of athletic footwear, apparel and accessories called DY. Regarded as one of the most respected and influential reggaeton artists
Volcom Shareholders Price Secondary Offering
Volcom has priced an underwritten secondary public offering of 5 million shares of its common stock by certain selling stockholders at a public offering price of $34.00 per share. The underwriters of the offering have a 30-day option to purchase up to an
Pratt Elected as Vice Chairman at Gander Mtn.
Gander Mountain Company's board of directors has elected David C. Pratt to fill the newly created position of vice chairman of the board. Pratt, the former chairman, president and CEO of United Industries, has been a director of Gander Mountain since
New Snow Records Set at Vail Resorts
Vail Mountain surpassed its all-time historical cumulative snowfall record with year-to-date snowfall of 141 inches, or nearly 12 feet of snow. The prior record of 140 inches was set during the 1985-1986 winter season. In November alone, nearly 84 inches
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