Globe Int’l Announces Share Consolidation Plans

Directors of Globe International will host an Extraordinary General Meeting of Shareholders of the company will be on Friday June 1, 2007 in Melbourne. Directors will recommend to shareholders a reduction in the capital base of the company of $32 million

Lotto Sees 2006 Turnover Increase 8%

Lotto Sport Italia S.p.A. closed 2006 with a turnover of €277 million ($348.0 mm), increasing 8% over 2005. Geographically, Italy was up 25%; Europe 43%; America 11%; Asia Pacific area 15%; and Africa 6%. In terms of products, growth was spread across all

PolarPak Experiences ‘Bittersweet’ Delivery Delay

Sport Innovation Group, owner of the PolarPak brand, reports that delivery on all Polarpak Hydration Systems, which include the Polarpak and Moflow reservoirs along with the Flowjo waist pack, have been delayed until early- to mid-June. The company noted

Aetrex Joins IRRA

Aetrex has joined the IRRA (Independent Running Retailers Association), a non-profit association promoting interest of independent specialty running retailers across the United States. This partnership will expand Aetrex’s presence in the running market

Consolidated Skateboards Launches Footwear Range

Consolidated Skateboards has launched a line of shoes, Consolidated Footwear, to represent their Don’t Do It campaign, aimed at the movement to put the power back into the hands of those that built the action sports industry-namely, the participants thems

Spyder Adds to Supply Team

Spyder Active Sports named Beverly Nestor as director, global supply chain and Alan Leslie as director, global logistics and distribution…

Under Armour Adds Footwear to Mix to Drive Q1

Under Armour, Inc. recorded a 41.8% jump in first quarter net revenues to $124.3 million compared to net revenues of $87.7 million in the first quarter of 2006. First quarter net income increased 13.8% to $9.9 million compared to $8.7 million in the same

Lululemon Files IPO

Lululemon Corp. has filed a registration statement with the SEC, and a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, relating to a proposed initial public offering of approximately $2