K2 and Flow End Binding Dispute…

Flow International and K2 Sports have resolved their binding patent dispute. The center of the conflict revolved around Flow’s hiback bindings that allow a rider to slide a boot into a cloth strap, then flip up the back and carve down the mountain….

Spalding Offers Refund on NBA Game Ball

After David Stern, commissioner of the NBA anounced that the league would switch back to a leather Game Ball starting January 1st, Spalding is offering a full refund to consumers who have purchased and want to return the 2-panel microfiber composite NBA G

Veltec to Distribute Colnago in North America

Veltec Sports will become the exclusive North American distributor for Colnago bikes and framesets, effective December 23rd. This arrangement comes after the end of an eight year partnership between Colnage and its previous distributor Trialtir…

OIA Names Director of Business Development

Candie Gerakos has been appointed to the newly created director of business development position at OIA. At her new post with OIA, Gerakos will build stronger alliance programs, partnerships, and membership sales that provide greater benefits to improve t

PPA and TAPS Drop Unification Plans

The Professional Paddlesports Association (PPA) and the Trade Association of Paddlesports (TAPS) spent the past year discussing unification of the Paddlesports industry into a new trade association. The TAPS Board of Directors met December 6 and 7 in a bo

Lamar Hunt Passes Away at 74

At approximately 10:00 PM Wednesday evening, December 13, at Presbyterian Hospital in Dallas, Texas, Lamar Hunt passed away at the age of 74, according to his son Clark Hunt. Lamar Hunt was the founder of the Kansas City Chiefs, as well as one of the fou

SIA Works with Congress to Reduce Tariffs

SnowSports Industries America has had another success in its efforts to reduce tariffs on imports of manufactured snow sports products. In cooperation with the SIA’s law firm of record, DLA Piper US LLP, SIA worked with members of Congress to extend duty

Nike Adds Four to VP Roles

Nike, Inc. named Dermott Cleary as vice president of sport culture and category marketing. In addition, Diana Crist is now global apparel vice president of merchandising operations; Larry Harper becomes vice president of US geographical business units; an

Flow and K2 Sports Resolve Binding Dispute

Flow International and K2 Sports have resolved their binding patent dispute. Under the terms of the agreement, each binding brand will continue to be offered to the snowboard market. The joint announcement was made by Flow International Division Manager,

Liquidlogic and Legacy Paddlesports to Merge

Liquidlogic and Legacy Paddlesports plan to merge, following the recent decision to manufacture Liquidlogic kayaks at the Legacy Paddlesports plant in Greensboro, NC. The move was signaled by the signing of a Letter of Intent. Liquidlogic owners will beco

Quiksilver Q4 Net Income Up 94%; For 2006 Down 13%

Quiksilver, Inc. saw total net revenues for the fiscal fourth quarter jump 22% to $778.4 million from $637.4 for the same period last year. Consolidated net income for the quarter increased 94% to $65.3 million from $33.6 million the year before. Consoli

Quiksilver Q4 Net Income Up 94%; For 2006 Down 13%

Quiksilver, Inc. saw total net revenues for the fiscal fourth quarter jump 22% to $778.4 million from $637.4 for the same period last year. Consolidated net income for the quarter increased 94% to $65.3 million from $33.6 million the year before. Consoli

adidas Opens Originals Store in Toronto

adidas has ventured onto Toronto's fashionable Queen Street with the official opening of the first adidas
Originals store in the city. Located at 389 Queen Street West, the latest adidas Originals store addition occupies a total of 2,240 square feet.

Quiksilver Adds NBA Exec to Board

Quiksilver, Inc. has named Heidi Ueberroth to its Board of Directors. Ms. Ueberroth currently serves as the President, Global Marketing Partnerships and International Business Operations for the National Basketball Association. She is responsible for dire