Golden Viking Sports, LLC, was acquired by Canada-based sporting goods wholesaler INA International on July 1. The deal gives INA the North American license for Diadora, along with all other owned and licensed brands, in the U.S. market. Financial details
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Sturm, Ruger Profits and Margins Increase on 50 Percent Jump in Gun Sales
Sturm, Ruger & Company, Inc. announced net income rose 67 percent to $18,014,000 from $10,813,000 for the second quarter ended June 30. The Southport, CT, gun maker reported net sales of $119.6 million and fully diluted earnings of 91 cents per share, co
Garmin’s Outdoor and Fitness Segments Set the Pace in Q2
Garmin Ltd. reported that revenue at its Outdoor segment increased 24 percent to $100 million, while Fitness revenues increased 5 percent to $82 million in the second quarter. The company, which also operates Aviation and Marine segments, reported overall
Weyco’s Q2 Net Sales Climb 7 Percent
Weyco Group, Inc. announced net sales for the second quarter ended June 30 were $60.3 million, an increase of 7 percent from 2011 sales of $56.6 million, due in part to improved sales in its wholesale segment…
Johnson Outdoor Posts Double-Digit Growth in Earnings in Q3
Johnson Outdoors Inc. reported double-digit growth in operating profit and net income as successful new products delivered solid revenue gains in the company's 2012 fiscal third quarter ending June 29. Total revenue during the third fiscal quarter wa
Cramer Products Announces New Promotions and Hirings
Cramer Products Inc. announced the promotion of two marketing department employees, and the hiring of employees to fill two key roles with the company…
Former U.S. Olympians Team Up With Boys and Girls Club of America
The Boys & Girls Clubs of America announced that it will team up with four medal-winning U.S. Olympians for the Triple Play “Summer Games” to reinforce the spirit of the Olympic Movement, and motivate youth to get active and live healthy through physical
Study Finds That Playing Team Sports Can Reduce Teen Obesity
High school students who play at least two team sports or walk or bike to school several days a week are less likely to be obese, according to findings in a study published online July 16 in Pediatrics…
Rawlings Sues Wilson for Trademark Infringement of Gold Glove Award
Rawlings Sporting Goods Co. Inc. filed a lawsuit on July 5 against rival Wilson Sporting Goods Co., alleging that it violated Rawlings’ trademark for the original Gold Glove Award. Rawlings moved to file the lawsuit after Wilson had started using a
MusclePharm Names Gary Davis as CFO
MusclePharm Corporation announced that L. Gary Davis has been appointed as chief financial officer, succeeding Larry Meer, who will continue with the company as treasurer…
Hibbett to Open Store in Titusville, FL
Hibbett Sporting Goods will open a store in Titusville, FL on July 28 and hire at least eight employees…
Louisville Slugger Partners With Perfect Game USA
Louisville Slugger announced that it will be partnering with Perfect Game USA, the premium high school tournament and showcase operator. Louisville Slugger will initiate the partnership at Perfect Game tournaments and showcases across the country…
NOCSAE Warns Athletes and Parents to Read Concussion Claims
The National Operating Committee on Standards for Athletic Equipment (NOCSAE) has issued a warning to athletes and their parents to thoroughly understand the extent of protection provided by athletic equipment worn while playing sports…
Pennsylvania High School Board Member Calls For Ban of High School Football
A Pennsylvania high school board member recommended banning football at the high school level, according to phillyBurbs.com. Patty Sexton, who is also a Philadelphia public school teacher, made her feelings known during a Council Rock board meeting last
NSGA’s Kasen to Retire
After 31 years of service to the sporting goods industry and the association's members, NSGA's Director of Research & Information Services, Dan Kasen, will retire effective November 2, 2012…