Hi-Tec Sports USA, has announced the addition of Kevin R. Adametz to the Hi-Tec/Magnum management team in the position of Eastern Sales Director. Kevin joins the outdoor and tactical footwear company with a wealth of experience in sales, key account mana
Author: SGB Media
Thorlo Inks Deals with Ski Resorts
THORLO has joined forces with selected premier US ski and snowboard resorts to sponsor on-mountain activities, events, and competitions this winter. Thorlos is the Official Sock of Aspen/Snowmass, Durango Mountain Resort, Telluride Ski and Golf, and Taos
The Athlete’s Foot Expands into India
The Athlete's Foot has formalized an agreement with Planet Sports Pvt Ltd. to become The Athlete's Foot's master franchisee for India. The company projects 80 store openings over the length of the 15-year agreement. Planet Sports Pvt Ltd.
Vendor Q3 Results Again Get Acquisition Lift…
Industry vendors in both the Softgoods and Hardgoods categories looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line.
Sports Authority Sees Renewed Energy in October; Outdoor Cited as Issue…
The Sports Authority was able to report fiscal third results compared against combined results as a merged entity in the year-ago period, finally giving the market a real apples-to-apples view of the business for the first time since the deal to merge Gar
Perry Ellis Would Look at Selling Jantzen Swim Business; Cuts Workforce 25%…
Perry Ellis International said it is open to any potential suitors for its Jantzen Swimwear business, which has the license for Nike Swimwear and Tommy Hilfiger Swimwear. That revelation came at the tail-end of the company’s conference call to discuss Q3
Fitness Quest Recalling Ab Lounges…
Fitness Quest Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of approximately 460,000 Ab Lounge, Ab Lounge 2, and Ab Lounge Ultimate Exercisers. Consumers have been advised to stop using the recall
Huffy Corp. to Sell Assets to Forzani; Moves to Focus on Bikes and Golf…
Huffy Corporation has filed a motion in U.S. Bankruptcy Court seeking permission to sell a number of its Hockey and Action Sports brands and assets to Forzani Group Ltd. in a deal worth $1.6 million. The Hespeler hockey brand and the Rage, Dukes, Skate A
K2 Inc. Acquires Miken; Rolls Brand into Rawlings…
K2 Inc. has acquired yet another company to “tuck-in” to its team sports division. Miken Sports, the Caledonia, Wisconsin-based manufacturer of carbon fiber softball and baseball bats was acquired two weeks ago for an undisclosed sum. The deal had report
Nike Golf Taps Industry Vet to Run U.S…
Nike has tapped Cindy Davis, senior vice president of The Golf Channel, as general manager for Nike Golf in the U.S. Davis, who was previously president and CEO of Arnold Palmer Golf Company, replaces David Pillsbury, who left Nike in August to become CO
G-III Inks Deal for Kenneth Cole Menswear
Kenneth Cole Productions and G-III Apparel Group, Ltd. have reached an agreement to expand their relationship for outerwear. G-III, the licensee for Kenneth Cole New York and Reaction Kenneth Cole women's outerwear since 1995, will now also manufactu
SIA and USSA Ink Deal to Promote SnowSports
SnowSports Industries America and the United States Ski and Snowboard Association are partnering to bring the world of snow sports directly to physical education professionals, coaches and athletic directors in schools throughout the United States. Levera
Sports Authority Narrows Q3 Loss; Comps Decline 1.9%
The Sports Authority reported a net loss of $2.2 million, or 9 cents per diluted share, for its fiscal third quarter, compared with a net loss of $2.2 million, or a loss of 31 cents per diluted share, in the year-ago period. Total sales declined 1.4% to
Everlast Adds Two More Licensing Deals
Everlast Worldwide has expanded its relationships with two licensees. Muse Marketing Limited, based in Hong Kong, will introduce Everlast apparel in Hong Kong and Hong-Kong-based Stelux Watch Ltd., which is launching Everlast-branded watches in China, Hon
Mossimo Hires CPA as CFO
Mossimo announced the hiring of Vicken Festekjian to the position of Chief Financial Officer. Mr. Festekjian joins Mossimo from the accounting firm of Moss Adams LLP. During his tenure at Moss Adams, Mr. Festekjian served in various positions, most recent