Wilson Sporting Goods has purchased the Athletic Training Equipment Company from Sport Supply Group for a cash consideration of $10.5 million. ATEC, which manufactures pitching machines and training equipment, posted $11 million in sales last year and we
Author: sportsoneauthor
Genesco Adds Nike to Mall Mix…
Genesco is tapping into the renewed focus on athletic in the mall, deciding to add Nike to their broad breadth of footwear suppliers at Journeys and Underground Station. The company said it will add Nike to a “majority” of Underground Station stores and
Exclusive Product Will Make the Difference at Famous Footwear…
Brown Shoe Company management made the declaration last week in a call with analysts that “Famous Footwear is no longer a low-priced footwear chain”, stating that the chain offers top brands at exceptional value…
Carnival Held Back by Boot Weakness…
Although Shoe Carnival didn’t meet analysts’ (or its own) expectations for comp store sales for the third quarter, the retailer controlled expenses and saw improvement in gross margin through better inventory management to deliver results in line with the
SEW Goes One-On-One with… Jim Tompkins
Jim Tompkins is President and COO of New Balance Athletic Shoe, Inc. Mr. Tompkins joined the company in 1984 as a product manager and moved to the U.K. in 1985 to serve as the Sales & Marketing Manager for New Balance Europe. He returned in 1988 to as
Watercraft Division Sinks Johnson Outdoors’ Q4 Results
Johnson Outdoors Inc. announced earnings per diluted share of $0.63 for the 2003 fiscal year ended October 3, 2003, in line with preliminary earnings guidance previously provided by the Company. Last year's earnings per diluted
share of $0.94 were f
Fourth Quarter Net Income Up at Stage Stores On Lower Sales
Stage Stores, Inc. net income for Q3 ended November 1, 2003 was $12.9 million, or $0.63 per diluted share, compared to $10.2 million, or $0.50 per diluted share, for the prior year Q3. Total sales for the 13-week period decreased 3.2% to $197.9 million fr
Crossover King Sues Nike, AND1, and Reebok
The owners of SB Designs, a small Chicago-based apparel company, have sued basketball apparel power-players Nike, Reebok, AND1 and several other companies for infringing its trademarks.
The Hockey Company Acquires German Distributor
The Hockey Company Holdings announced the proposed acquisition of Norbert Ewald GmbH (Ewald Sport Service), a leading hockey equipment distributor in Germany, in order to better service the Central European market…
Reebok Hires New Chief Human Resources Officer
Reebok has appointed Bob Myers as Chief Human Resources Officer and Senior Vice President of the corporation. Bob has more than twenty-two years of human resources experience, which includes leadership positions at such top global brands as PepsiCo, Targ
Vail Resorts Shuffles Their Deck
Vail Resorts announced two senior officer appointments: Jeffrey W. Jones, currently SVP and CFO of Vail Resorts Development Company, will become senior vice president and chief financial officer of Vail Resorts, Inc. In this capacity, Jeff Jones will be r
Smith Taps Arnette for Surf Marketing Manager
Smith Optics Surf Marketing and Promotions Manager position has been filled by Chris Drummy. Drummy will be responsible for all surf team management and marketing operations in Smith Optics’ satellite office in San Clemente, California…
Karbon Signs On With USA Luge As Official Sponsor
USA Luge is pleased to announce that its Senior National and Junior National luge teams will be outfitted with Karbon Outerwear as they compete throughout the 2003-04 luge-racing season…
Backbone Adds Bauer Sports Rack to Client Stable
Bauer Industries has retained Backbone Media to manage its public relations efforts. In addition to its manufacturing division, Bauer also operates 15 retail stores, under the name of Sports Rack, in California, Colorado, Utah and Washington as well as a
Iikka Backstrom Joins Sims
Sims snowboards is pleased to announce that Iikka Backstrom is now riding for Sims. Iikka will one of three riders that will be endorsing the new Protocol series. At 18 Iikka is one of the most well-known and marketed riders across the globe…