Last week was an important week for Nike’s communication to its investors — and Sports Executive Weekly had the exclusive opportunity to bring the news home to the industry. At the Annual Investor Day held Thursday inside the Emerald City, SEW was able
Author: SGB Media
Brunswick Must Fork Over a Million Bucks in Recall Snafu…
The Brunswick Corporation is paying the price for not promptly reporting product defects to the Consumer Safety Products Commission. In April of 2002 the company announced a voluntary recall of all 103,000 Mongoose and Roadmaster Bicycles outfitted with B
What’s in a Name? Plenty…
Callaway Golf is sending more dollars right to the bottom line after inking two new licensing agreements last week, one for travel golf bags with TRG accessories and one for timepieces with Fossil. The baggage line will hit retailers in time for the holi
Pro WikMax Maker Files For Chapter 11…
WSI Manufacturing, which markets Pro WikMax sports bras, compression shorts and T-shirts, has filed for bankruptcy after a decision in an Oklahoma court in a patent infringement lawsuit…
Parting is Such Sweet Sorrow…
Bauer Nike Hockey just can’t let go of their former Senior Skate Developer and Product Development Manager, Gaetan Champagne. Seems Champagne left BNH for Mission Hockey in mid July, but a New Hampshire court has just granted BNH a preliminary injunction
Deuter’s Continued Growth Brings About Changes
Deuter USA has undertaken a consolidation of their sales efforts and expansion of their customer service function. In addition to new staff, Deuter USA recently moved to a new office/warehouse space of over 3,000 sq. ft. which they hope will be adequate
Mammut Awards OBS Scholarship
Climb High, the U.S. distributor of Mammut, has announced the winner of the first annual Mammut Outdoor Appreciation Scholarship award. Liz Nehme, a junior at Lynchburg College in Lynchburg, Virginia will receive full tuition, round-trip airfare, and ful
The Industry Says Goodbye To David Stone
David Stone, husband, devoted father, alpinist, backcountry skier, road biker, accomplished guitarist, and master of the dreaded British one-liner passed away Sept 23rd after a hard fought battle with stomach cancer. He is survived by his wife Lin, daught
Smith Optics Taps Specialized
Following three successful years as vice president of sales for Specialized USA, Blair Clark has accepted a
position as senior vice president of sales with Smith Optics, effective immediately. Clark will be responsible for the company’s global sales visio
Brunswick Names Lowe VP and Controller
Brunswick Corporation has named Alan L. Lowe the company's vice president and controller, replacing Peter G. Leemputte, who was recently promoted to senior vice president – chief financial officer. Lowe will report to Leemputte…
Amerex Calls In Earthbound and Debonair Creations
Amerex Group has entered into a strategic marketing agreement with Earthbound, LLC, a brand management and licensing organization. The agreement provides Amerex with the ability to develop and strengthen the visibility of its Weather Tamer proprietary br
Sport Haley Narrows Q4 Loss on Ben Hogan Strength
Sport-Haley reported net sales for the fiscal fourth quarter increased 13% to $5.9 million from net sales of approximately $5.2 million for the same quarter in the prior year. Net loss for Q4 was approximately ($146,000), an improvement of 66% compared w
Vans Q1 Better Than Expected; Net Income Up 145%
Vans announced net sales for the base business for the fiscal first quarter (excluding skateparks expected to be closed) increased 5.2% to $126.2 million, compared to $120.0 million for the first quarter of fiscal 2003. Net income for the base business in
When Worlds Collide…
Suunto and Microsoft have joined forces in an effort to make their shared vision of “a world in which small, connected, intelligent devices can deliver highly personalized, customized information to people wherever they are…”
The Finish Line Sees Q2 Earnings Jump 93%
The Finish Line reported net income for the thirteen weeks ended August 30, 2003 was $17.5 million, or 73 cents per diluted share, an increase of 93% versus net income of $9.1 million or $.37 per diluted share for Q2 for the year-ago period. Net sales in