Tennis Federation Pres Elected to IOC

ITF President Francesco Ricci Bitti was elected to the International Olympic Committee
during the 118th Session held in Turin, Italy on 10 February 2006 ahead of the XX Olympic
Winter Games.
Ricci Bitti has been President of the International Tennis Feder

Skechers Expects Strong Q4; Raises Guidance

Skechers USA raised its guidance for fourth quarter 2005 revenues to the range of $220 million to $223 million, above the high-end of the company's previous guidance of $210 million to $220 million, and $1.003-$1.006 billion for the full year. The co

SEC Sends Wells Notice to Footstar

Footstar, Inc. received a Wells notice from the SEC in connection with the Commission's outstanding enforcement proceedings into the facts and circumstances that gave rise to the company's restatement of financial results from 1997 through 2002.

Cybex Sees Q4 Sales Jump 20%

Cybex International, Inc. reported net sales for the fourth quarter 2005 increased 20% to $36.0 million from $29.9 million for the same period last year. For the full year, net sales were up 11% to $114.6 million, compared to net sales of $103.4 for 2004.

Brine Sponsors First 4 Lacrosse Tournament

Brine, Inc. will be the official lacrosse equipment and lacrosse apparel sponsor for the 2nd Annual First 4 Lacrosse Invitational. A supporter of the inaugural First 4, Brine has inked a two-year deal with sports marketing and event management leader, Pan

Allyance Picks Up Share In 10th Street Bros.

Allyance has joined forces with 10th Street Bros by acquiring an undisclosed, but significant interest in this Action Sports Film Studio. 10th Street Bros, an award winning Action Sports Production Company, has developed a cult following with its hilariou

Everlast Redeems Stock; Prepays Notes

Everlast Worldwide Inc. redeemed the entirety of its outstanding $20 million Series A Preferred Stock and related rights and privileges, including the elimination of the profit-sharing mechanism, the retirement of its two board of director seats, and the

Odyssey Adventure Racing Hires Director of Brand Development

David Noyes has been named by Odyssey Adventure Racing as their new Director of Brand Development. “We are thrilled to have David join our team,” says Odyssey president Ronny Angell. “He brings 20 years of experience in marketing, advertising, and interna

Mammoth Sale a Boon to Intrawest’s Q2

Intrawest Corporation reported net income for the second quarter, including discontinued operations, of $69.3 million or $1.41 per diluted share compared to a net loss of $7.1 million or 15 cents per diluted share last year. During the second quarter the

Acushnet Parent Sees Fourth Quarter Sales Jump 24%

Fortune Brands saw net sales of $1.96 billion for the fourth quarter, up 24%. Sales benefited 17 percentage points from the net impact of acquisitions, excise taxes and favorable foreign exchange. Fourth quarter net income was $175.9 million ($1.17 per di