Skechers USA Inc. filed its own suit against Asics Corp. and Asics America Corp. for trade libel after being sued by the rival footwear maker. Skechers accused Asics of trade libel, unfair competition and “tortious interference with prospective economic
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Accell Group Benefits From U.S. Expansion in 2006
The Accell Group reported that 2007 fiscal year sales increased 16% to €431.7 million ($559.9 mm) compared to €372.1 million ($463.4mm) last year. Organic growth for the full year came in at 9%. The acquisitions of Seattle Bike Supply and Webena Sport, ad
Spy Optics and Oakley Come to $1 Legal Settlement…
Nearly one year after the legal sparring match between Orange 21 and Oakley began, the two companies have come to a resolution regarding Orange 21’s Spy Optic brand and the now defunct e Eyewear brand. In late February, the two companies entered into a Se
Sports Direct International Goes Public Route…
Sports Direct International PLC, the U.K.’s largest sporting-goods retailer, raised £929 million ($1.82 bn) in an initial public offering after owner Mike Ashley sold a 43% stake in the business. In fiscal 2006, Sports Direct's earnings before intere
Globe International H1 Bottom Line Hurt by Restructure…
Globe International saw effectively flat revenues of A$97.8 million ($73.7 mm) for the first half of fiscal 2007, but managed to double EBITDA to A$2.5 million ($1.9 mm), up from A$1.2 million ($0.9 mm) during last year's half. These results include
RECALLS: Dive Computers, Bicycles
The CPSC and Pelagic Pressure Systems are recalling Oceanic-brand ATOM 2.0 dive computers with serial numbers 1 through 2,079 (Revisions 2E, 3A, and 3B) and AERIS-brand EPIC dive computers with serial numbers 1 through 712 (Revision 1A). In addition, The
Gregory Moves Ahead with New Team and New Ideas…
After Armor Holdings acquired Gregory Mountain Products in January of 2005, the company was left trying to figure out how an outdoor pack brand fit into the broader strategy of a massive military contractors’ holding company. The brand ended up floating i
REI Sees Double Digit Sales and Income Increases in 2006
REI finished 2006 with strong top-line increases and income out-pacing sales gains. Adding to the company’s 9.5% comp-sales increase for the year, REI opened seven new stores — Santa Monica, Calif., Mountain View, Calif., Chula Vista, Calif., Maple Grove
Sunny’s Great Outdoors To Liquidate…
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing the majority of its doors, according to court documents. The Elkridge-MD-based retailer operates 15 stores around the Mid-Atlantic region and employs 150 full-time and part-time
Skram Media Restructures Climbing Magazine…
Shortly after acquiring Climbing Magazine from Primedia, Skram Media has decided to restructure the title and move the primary editorial offices out of their current Carbondale, CO location. The new offices should open in April and will be located in Boul
Blacks Leisure to Close 45 Stores in U.K…
Blacks Leisure will close about 45 unprofitable stores over the next two years. The company made the announcement shortly after it revealed sales will be flat for the 2006 year, which ended at the beginning of February. The retailer said these closures re
K2 Sports to Move Warehouse to Seattle…
K2 Sports plans to transition its shipping operations into a warehouse facility adjacent to the company’s new headquarters in Seattle.
K2 began relocating its finance, legal, sales, customer service and operations personnel in September 2006, and with th
SportsOneSource Expands Media Team…
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager, while promoting two key managers to expanded roles.
“We are now in full growth mode with our print and online p
Earth Products Names VP of Marketing
Earth Products has promoted Jeff Taylor to the position of vice president of marketing. Taylor’s duties will include leading the global marketing efforts for all Earth Products brands, as well as new business development and integration…
TYR Sport Extends Australian Licensee Deal
TYR Sport Inc. will continue its relationship with Australian licensee, Acier, for the next five years. In one of the largest competitive swimwear markets in the world, TYR, the company says, has developed into the second largest competitive swimwear bran
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