Callaway CEO Ron Drapeau said Thursday that the Top-Flite acquisition is the “preferred solution to help eliminate the losses in the ELY ball business, but “not the only option”. He may have to look at those other options if adidas is able to convince th
Author: sportsoneauthor
…Trying to Play Catch Up with Nike…
The proposed adidas-Salomon acquisition of Top-Flite will do little to further the intentions spelled out by the company’s CEO, Herbert Hainer, in comments to the German magazine, Der Spiegel…
The Allegheny Trail Company will be Blair Corp.’s newest brand
The Allegheny Trail Company will be Blair Corp.’s newest brand, targeting the outdoor apparel wholesale market. The Warren, PA-based company says that ATC will offer an entry-level line of apparel basics, including polo’s, tanks, cargo pants, and fleece
Great Trango Holdings Has Added Four Key Players
Great Trango Holdings Has Added Four Key Players for the new season in addition to shuffling around a few of their existing team…
JOUT Q3 Earnings Slip
Johnson Outdoors on Thursday Told Investors they could anticipate Q3 earnings to be in the 57 cents to 61 cents per share range, off from the 78 cents earned in the year-ago period…
Confluence Surges In Spite of Compet-itor Promotional Deals…
Confluence Watersports has hired 41 new employees, bringing their total workforce to 217 people. In an exclusive interview with SPORTS EXECUTIVE WEEKLY, Kelley Woolsey, Confluence VP of Sales and Marketing, said these new employees are long overdue…
Pegasus Appoints New Cannondale COO.
John Doer has come aboard as Cannondale’s Chief Operating Officer. The former VP of Supply Chain Management at Bell Sports has a solid background in the Cycling industry with a successful tenure at the helmet company…
Bike Imports Fall; May Specialty Up…
The National Sporting Goods Association is reporting that bicycle imports fell to 3.5 million units in the first quarter of 2003, 13% fewer than in the same quarter last year, according to U.S. Department of Commerce data. The sporting goods retail trade
Galyans Appoints New President and COO
Galyan's appointed Edwin J. Holman as President and Chief Operating Officer of the Company. Mr. Holman will be responsible for Finance, Operations, Systems, Planning and Allocation, Stores and Culture. Real Estate, Legal, Store Planning and Construct
Cannondale Taps Bell Sports Vet as COO
John Doerr has joined Cannondale as its new Chief Operating Officer. A bike industry veteran and a passionate mountain biker, Doerr comes to Cannondale from Bell Sports where he was Vice President of Supply Chain Management…
Burton Taps Former adidas VP as Global Marketing Head
Bryan Johnston assumes the role of vice president of marketing at Burton Snowboards. Formerly the vice president of North American brand management within the Adidas-Salomon organization, Bryan begins his career at Burton with 20 years of experience in t
Nike Signs Taylor and Purcell to Lifetime Deals…
The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca
Delta Looks to Soffe for Business Boost…
The deal that sees Soffe become a unit of publicly-traded Delta Apparel Inc. appears to be worth $72 million if all performance conditions are met…
Latest Riddell Flip Brings Cash Aplenty…
Riddell Sports Group has been flipped once again after a two-year ownership stint under Lincolnshire Management…
Who Wants to Be a Billionaire…
Callaway’s proposed acquisition of Top-Flite, once completed, would see Oaktree Capital Management entirely divested of the former Spalding Sports business it took control of in April 2002. Earlier this year, Oaktree sold the company’s Etonic golf shoe d
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