Jim Remy of Ludlow, Vt., was elected the 36th president of The Professional Golfers' Association of America by delegates at the association's 92nd annual meeting in Phoenix, Ariz. Remy previously served as secretary of the association from 2004-
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
adidas Q3 Sales Impacted by Currency Exchange Rates
Third quarter adidas Group currency-neutral sales grew 11% on a currency-neutral basis, driven by double-digit sales growth in the adidas and TaylorMade-adidas Golf segments. While adidas revenues increased 15%, TaylorMade-adidas Golf sales grew 12% on a
J. Lindeberg USA Taps Sims as Managing Director
Gary Sims has been named managing director of J. Lindeberg USA by People's Liberation, which sells the brand in the U.S.. From 2001 through June 2007, Mr. Sims held various positions with Ashworth Inc./Callaway Golf Apparel including most recently pr
Puma Sales Increase 5.9% Currency-Neutral in Q3
PUMA’s brand sales, which include consolidated sales and license sales, reached €778.6 million ($1.07 bn) during Q3, rising 5.9% on a currency-adjusted basis or 3.3% in Euro terms. Consolidated sales in Q3 grew 9.2% to €712.7 million ($979.4 mm) on a curr
RECALL: Aqua Lung Regulators
The CPSC and Aqua Lung are recalling approximately 6,000 Titan DIN 1st Stage Scuba Regulators and Titan/Conshelf DIN Scuba Adaptors. Over-tightening of the DIN retainer by a technician during installation can result in the retainer breaking under pressure
Quiksilver Receives €100 million Offer for Rossignol
Quiksilver, Inc. has received a binding offer for the acquisition of 100% of the Rossignol Group. The offer is made by Chartreuse & Mont Blanc, headed by Bruno Cercley, a former CEO of Rossignol. Chartreuse & Mont Blanc is majority owned by Macquarie Grou
The Buckle Reports 88.9% Jump in Q2 Net Income
The Buckle, Inc. posted an 88.9% jump in second quarter net income to $22.3 million, or 72 cents per diluted share from $11.8 million, or 38 cents per diluted share last year. Net sales for the second quarter increased 36.6% to $169.8 million from net sa
Imperial Headwear Acquires Watership Trading Companie
Imperial Headwear, Inc. has acquired Bellingham, Washington-based Watership Trading Companie, marketer and distributor of technically advanced weather and sun protection hats. Watership founders Greg and Carol Frechette, who launched the company in 1989,
Foot Locker Posts Modest Q2 Sales Gain, Swings to Profit
Foot Locker, Inc. reported second quarter sales increased 1.5% to $1.30 billion from $1.28 billion for the year-ago quarter. Second quarter comparable-store sales, however, decreased 0.5%. The company reported net income of $18 million, or 11 cents per sh
NexCen’s D’Loren Out as CEO; CFO Tapped as Replacement
NexCen Brands, Inc. reported that Robert W. D’Loren has resigned as CEO and as a member of the company’s Board of Directors. Kenneth J. Hall, currently executive vice president, CFO and treasurer, has been appointed CEO…
New Legislation Focuses on Consumer Safety, Bans Phthalates
President Bush has approved the “Consumer Product Safety Improvement Act of 2008.” This bill — which was signed on Thursday, August 14 — will clear the way for improved product safety. Included in the new measure are bans on certain harmful chemicals i
Alleson Promotes Todd Levine to President
Todd Levine has been named president of Alleson Athletic, a fourth generation, family-owned business headquartered in Rochester, NY. Levine previously served as vice president of sales & marketing for 11 years and has been with the company for over 15 yea
Delta Q4 Sales Jump 14,7%, Soffe Up 1.4%
Delta Apparel, Inc. reported net sales for the fourth quarter ended June 28, 2008 increased 14.7% to $105.3 million. The retail-ready segment, comprised of the Soffe and Junkfood businesses, reported a 14.6% sales increase to $49.6 million for the fourth
Head Slims Q2 Loss Despite Soft Winter and Racquet Sales
Head NV reported second quarter net sales decreased 8.8% to €56.2 million ($87.9 mm) from €61.6 million ($83.1 mm) last year as decreases in Winter Sports and Racquet Sports more than offset modest growth in Diving. Racquet Sports revenues for the quarter
Skechers Makes $142.8 Million Offer to Acquire Heelys
Skechers USA Inc. has made an acquisition proposal to acquire Heelys, Inc. for $5.25 per share in cash, or an aggregate of $142.8 million, based upon the number of fully-diluted shares of Heelys common stock, subject to certain terms and conditions. The p
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