The Oakley, Inc. board of directors authorized the repurchase of up to $20 million of its common stock in the open market, from time to time, as market conditions warrant. The company also announced that it has entered into a $185 million multicurrency re
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Ferris Mfg. Taps Karns to Grow PolyMem Biz
Ferris Mfg. Corp. has hired for Colorado Avalanche head athletic trainer, Pat Karns, to help the company expand its emerging sports business. The company's patented PolyMem formulation has been used in both amateur and professional athletics to manag
WeSC Opens Austrian Concept Store
On Friday Spet. 22, WeSC will open its first concept store in Vienna, Austria. The WeSC store is placed in the 7th district know for its nice bars, hectic nightlife, record stores and trend boutiques…
Collegiate Pacific Enters Agreement to Acquire Sport Supply Group
Collegiate Pacific Inc. has entered a definitive merger agreement to acquire the remaining shares of Sport Supply Group, Inc. that it does not currently own for $8.80 per share, which will amount to approximately $24 million in cash. The merger agreement
Westlife Distribution Opens European HQ
Westlife Distribution, home of 686 & Sepia, has recently opened European headquarters in Montebelluna, Italy and hired Alda Pancera as customer service manager of European operations…
Cutter and Buck Launches ‘CBUK’ Range
Cutter & Buck will launch a new brand for spring 2007, CBUK, which will be geared toward the next generation of fashionable golfers who express their individuality…
Newcomb Steps Down from COO Role at Oakley
Link Newcomb has resigned as Chief Operating Officer of Oakley, Inc., in addition to stepping down from his position on the company's Board of Directors. He will transition to the newly created role of Senior Advisor to the Chief Executive Officer.
Option-NFA Sees Revenue Slump in Q2
Option-NFA Inc., manufacturer of the Option Snowboard and NFA Outerwear brands, saw revenues for the second quarter decrease 46% to CA$745,607 ($664,000) from CA$1.4 million ($1.1 mm) for the same quarter last year. The company reported a fully diluted lo
Finish Line Net Income Nearly Halved for Q2
The Finish Line, Inc. saw net income for the second quarter ended August 26, 2006 decrease 47% to $9.9 million, or 21 cents per diluted share, from $18.9 million, or 38 cents per diluted share, for the same period last year. Net sales decreased 0.9% to $3
Nike Beats First Quarter Estimates on Top and Bottom Line
Nike, Inc. posted a 9% increase in revenues for company's fiscal first qurater, totaling $4.2 billion, compared to $3.9 billion for the same period last year. First quarter net income declined 13% to $377.2 million from $432.3 million in the prior ye
Rhode Island Textile Reports 200% 2006 Sales Jump
Rhode Island Textile, Co., manufacturers of Shoe Gear & High Country brands, reports a 200% increase in sales for FY 2006. Management attributed the growth to on-trend product. In addition, the company promoted..
Kwik Goal Adds Three Reps to Sales Staff
Kwik Goal, Ltd. has added three factory sales representatives to its existing sales force. Bill Earl of Naperville, IL, Gerry Hess based in Harleysville, PA and Mike Walter of Richmond Hill, GA will officially begin their new responsibilities October 3rd.
TAG to Bring Summer Buying to SGMA Spring Market
The Sporting Goods Manufacturers Association (SGMA) and Team Athletic Goods, Inc. (TAG) have formed a strategic alliance that will incorporate TAG’s annual summer buying event into SGMA Spring Market (June 11-13, 2007; Sands Expo & Convention Center; Las
Rawlings to Use ‘Sting Free’ in Baseball Products
Rawlings Sporting Goods has signed a license agreement with Sting Free Technologies to use Sting Free on its baseball products…
Golfsmith Expands Footprint with Three New Doors
Golfsmith International Holdings, Inc. has signed leases to open three new stores in key golf and tennis markets by the end of 2006. The company will open its first store in Tucson, its fourth in Houston, and its fifth in Chicago…
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