Golf Galaxy, Inc. expects that its planned acquisition of The GolfWorks, one of the golf industry's sources for golf club components, clubmaking tools and supplies, and technical information, will have a positive effect on its retail store productivi
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Royal Precision Looking at Investor Options…
Royal Associates, Inc., which now owns 100% of Royal Precision, Inc. said it is “seeking strategic alternatives to increase shareholder value.” Royal Associates took the maker of golf club shafts and grips private in 2003. The company said it has subst
Russell Corp Spends the Last of Acquisition Gains in Fourth Quarter; It’s All Organic Now….
Russell Corporation looked to the inclusion of the Brooks Sports business in the fourth quarter to provide all of the top-line gains for the period and also looked to tax benefits related to the shift of more business to lower tax countries for a nice boo
Gift Cards Boost January Retail…
The holiday season extended into January for many retailers, as consumers flooded the stores with gift cards in-hand ready to take advantage of clearance sales.
According to retail sales results released by the U.S. Commerce Department, retail industry s
Baden Sports Sues Molten Over Alleged Patent Infringement…
Baden Sports, Inc. has filed a complaint in U.S. District Court in Seattle, WA for patent infringement against Molten USA accusing Molten of making and selling “dual cushion” basketballs that duplicate a patented design developed by Baden in the mid-90’s.
New Partners and Old Help GSI Commerce in Q4…
During the second half of 2005, GSI Commerce explored an acquisition, which it decided not to pursue after completing a due diligence effort in December. The decision resulted in a cost of approximately $1.5 million, which added to a provision for income
Acquisitions Not Enough for Collegiate Pacific Q2…
Collegiate Pacific saw a 95% increase in sales for the company’s fiscal second quarter be eschewed by several one time charges relating to everything from the termination of the merger with Sport Supply Group to SOX compliance as well as a $555k net loss
Volcom’s Q4 Bottom Line Hurt by Tax Rate Increase…
Volcom, Inc. posted another strong quarter in Q4, but saw Uncle Sam take a major piece of earnings with an increased tax rate as a result of the company’s public stance. During a conference call with analysts discussing the quarterly and annual results,
Watson Laminates Acquired by Tum Yeto Owner…
After 13 years as a customer of Watson Laminates, Tod Swank, founder and owner of Tum Yeto, Inc., has acquired the skateboard deck manufacturer. Charlie Watson will remain on as technical advisor and chairman of the board, along with the loyal and experie
Nike Takes on adidas Over Shox Patent…
In a move that many see as an example of how newly-minted Nike, Inc. CEO Mark Parker plans to protect the company’s core brand, Nike, Inc. last week reported that it had filed a patent infringement suit against adidas-Salomon in the U.S. District Court fo
While Callaway Takes on Titleist at the Core of Its Business…
Callaway Golf is taking its ball business seriously and doesn’t plan to let Titleist sit quietly atop the golf ball market share heap. A company known for aggressively going after counterfeit Pro-V1 product, including the filing of a number of suits in t
Recall: Brass Eagle Blade Turbo…
The CPSC and Brass Eagle announced a voluntary recall of roughly 243,000 “Blade Turbo” paintball markers and the “Paintball Breakout Players Kit.” The carbon dioxide cartridges can be forcibly ejected out of the back of the paintball marker and break th
OR Winter Market is Still The Place to be…
OR Winter Market remains the premier show of the season for any company addressing the backcountry market through hardgoods, technical softgoods, or lifestyle product. The fuel for growth in the industry is clearly shifting to softgoods, though many hardg
Accell Looks for Growth in N.A.
Six months ago, The Accell Group, which is one of Europe’s largest bicycle and parts manufacturers, decided to make its first foray onto U.S. soil by bringing its LaPierre brand across the Atlantic. The experiment apparently worked and now the company has
Play It Again Parent Sees Net Nearly Halved for 2005
Winmark Corporation saw net income for the year ended December 31, 2005 of $2.1 million or 33 cents per share diluted, down 48.6% from net income of $4.1 million or 63 cents per share, in 2004. The fourth quarter 2005 net loss was ($68,600), or (1 cent) p
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