Hanesbrands Inc. elected Jessica Tuchman Mathews, president of the Carnegie Endowment for International Peace to its board of directors…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Collective Licenses Sims to Sports Authority
Collective International, LLC and The Sports Authority have signed an exclusive Master License agreement for the Sims snowboard brand. Under the five year agreement, The Sports Authority will retain exclusive rights in the United States to market and sell
Amer Has Tough Q3; Salomon, Wilson Sales Both off Mid-Singles
For the third quarter, Amer Sports Corp. saw net sales decrease 2.4% to €471.9 million ($601.7 mm) from €483.6 million ($590.1 mm) for the same period one year ago. Net income also decreased, slipping 2.1% to €36.6 million ($46.7 mm) from last year’s €37.
Thule Sees Acquisitions Boost Strong Organic Nine-Month Growth
For the first nine months of 2006, Thule reported a 25.7% increase in sales to SEK2,998 million ($401.8 mm) from SEK2,384 million ($327.5 mm) last year. When adjusted for the effects of currency changes and acquisitions, sales grew 9.5% for the period.
Brunswick Corp. Adds Yahoo! Marketer to Board
Brunswick Corporation elected Yahoo!'s chief marketing officer, Cammie W. Dunaway to its board of directors. Dunaway's addition marks the twelth member of the company's board…
Tecnica Group Acquires Blizzard Gmbh
The Tecnica Group has acquired Austrian ski manufacturer Blizzard Gmbh. The acquisition is subject to the official approval of the Austrian Antitrust Authority. Tecnica, through its Nordica subsidiary (100% controlled by Tecnica) will acquire 66.66% of t
RECALL: Time Sport Bike Pedals
The CPSC and Time Sport International are recalling about 18,000 Time RXS Titan Carbon, RXS Carbon, RXS and RXE Bicycle Pedals. The pedal's bearing cap can fail causing the pedal to come off the bicycle. This poses a fall hazard for riders. The firm
K2 Sees Q3 Sales Increase 4.9%
K2 Inc. saw net sales increase 4.9% for the third quarter to $356.9 million from $340.4 million last year. Net income adjusted for the impact of certain non-cash charges for the third quarter was $23.0 million, up 27.1% from adjusted net income of $18.1 m
GSI Commerce Q3 Sales Jump Unable to Stop Net Loss
GSI Commerce Inc. saw net revenues for the third quarter increase 39.6% to $118.5 million from $84.9 million during the same period last year. The company posted a net loss of $6.2 million, or 14 cents per share, widening from a net loss of $4.5 million,
Spy Optic Taps Randall as Manager of Corporate Communications
Spy Optic has named Elizabeth “Liz” Randall as manager of corporate communications. Effective immediately, Elizabeth will be overseeing all Public Relations and Communications functions including media relations, corporate news, product launches, athlete
Unifi to Acquire Division of Dillon Yarn Corp.
Unifi, Inc. has signed a definitive agreement to acquire the assets, including the inventory, of the Dillon Yarn division of Dillon Yarn Corporation. The purchase price will be approximately $65 million, comprised of $44.5 million in cash and approximatel
Boa Tech Partners with FootJoy
Boa Technology added FootJoy as its newest brand partner. FootJoy's first shoe featuring the Boa Lacing System, the ReelFit, marks Boa's first venture into the golf footwear market…
Helly Hansen Acquired by Norwegian PE Firm
Altor, a private equity fund that focuses on Nordic investments with enterprise value ranging from SEK 500 million to SEK 4 billion, has entered into an agreement with Investcorp to purchase 100% of the company's shares in Helly Hansen. Helly Hansen
Gravis Footwear to Move Ops to West Coast
Burlington, Vt.-based Gravis will relocate its product, sales and marketing functions to Irvine, Cali. under the leadership of a new general manager, Fabrice Le Det. The move will be completed by early 2007. Fabrice Le Det is a leader with twenty years of
Under Armour Adds Chief Supply Chain Office
Under Armour, Inc. tapped James Calo to take on the new rol of chief supply chain officer. The position is designed to strengthen Under Armour's executive management team as the company continues its expansion in international and domestic markets. M
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