Jarden Corporation, the company behind several consumer brands such as Bicycle playing cards and FoodSaver vacuum food storage devices, has acquired all of the assets and assumed all debt of Coleman’s parent company, American Household. The $745.6 million
Author: sportsoneauthor
SMS Clothing Attracts New Investors and Hires Marketing Mgr.
SMS Clothing has appointed a new sales manager and attracted new investors to “take their technical outerwear line to the next level.” Peter Godber recently joined the SMS team as North American Sales Manager…
Fu Sheng Acquires Certain Coastcast Assets
FS-Precision Tech Co LLC, a subsidiary of Fu Sheng Industrial Co, Ltd., has acquired the non-golf business and certain assets of Coastcast Corporation. The all cash transaction included the Rancho Dominguez facilities and assets. Coastcast has retained it
Atomic Tunes Race Department
In preparation for another season of World Cup racing, Atomic Ski is pleased to announce the promotion of Jake Strassburger to its Race Department. Having worked with Atomic for three years, Strassburger fills the newly created position of Race and Promot
Jarden Corp. Acquires Coleman Parent Company
Jarden Corporation has signed a definitive agreement to acquire privately held American Household, Inc. for $745.6 million in cash for the equity and the assumption or repayment of indebtedness. American Household is the parent of The Coleman Company, Inc
Reebok Inks Deal with Streetwear for Big and Tall Collection
Reebok International has joined with Streetwear Inc. to launch a collection of Reebok “Big and Tall” men’s fitness, core and NBA licensed apparel. Ideal for large athletes and fitness enthusiasts, the collection debuted last month exclusively at 430 “Cas
Reebok Recalls Toddler Shoes
After receiving a customer complaint about its ‘Iverson/Answer’ mid and low-athletic toddler shoes, Reebok has voluntarily recalled the product, in cooperation with the CPSC. The company stated in a release that the ‘I-3’ logo on the shoes was easily remo
Nike Posts Solid Quarter to Start New Fiscal Year…
NIKE, Inc. moved their traditional quarterly earnings release date up a few days to accommodate the company’s annual meeting on Monday, a move a number of analysts applauded for its timing and content. Company management was again almost giddy with excit
Phoenix Won’t Hit 2004 Numbers…
Phoenix Footwear stated it will not meet previously issued third quarter or full year EPS guidance of $1.00 to $1.10 due to contract and delivery timing delays as well as several other factors, including weather related production delays at the company’s
West Marine Cuts Guidance; Hurricanes Show Minor Impact…
West Marine CEO, John Edmondson, said that slowing consumer spending has caused a shortfall in company sales, causing him to cut guidance estimates for the third quarter and fiscal year. Sales for the third quarter are now expected to be $184 to $185 mill
New Callaway CEO Wants More Time to Assess Business; Suspends Guidance…
New Callaway CEO William Baker, the long-time ELY board member who replaced Ron Drapeau in early August, wants to take a longer look at the business over the balance of the year and is looking for a little room to maneuver before providing any updated sal
Umbro Posts Record H1 Following IPO…
Umbro capitalized on the worldwide growth of the soccer market and key licensed apparel deals to post a 36.4% increase in sales for the first half of 2004 to £94.1 million ($171.5 mm) compared to £68.9 million ($111.1) last year. Umbro said that it had r
Lotto Posts Solid H1 on Soccer Gains…
Lotto is hitched to the rising worldwide popularity of soccer and has posted a strong first half-year with sales increasing 3.1% to €135.1 million ($166.0 mm), compared to €131.1 million ($144.9 mm) in 2003. Direct sales were €95.4 million ($116.1 mm), a
Kryptonite Deals with Lock Issues…
Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. Due to the use of ‘tubular cylinders’ in many of the company’s mid price-point locks allows the locking mechanism to be picked with a plastic pen. S
Riddell Acquires ‘HIT’ Smart Helmet Technology…
Riddell Sports Group has acquired a new ‘Head Impact Telemetry’ system, or HIT, from Simbex LLC. This new technology will allow Riddell to produce a consumer product which monitors and records the severity and incidence of impacts taken by a player via sm
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