The integration of two of the sports world's largest surfacing companies, FieldTurf and Tarkett Sports, has resulted in the creation of a single entity called FieldTurf Tarkett. The announcement was made jointly by FieldTurf CEO John Gilman and Tarke
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Oakley Names Olivet as CEO
Oakley, Inc. announced the appointment of Scott Olivet as chief executive officer and director. The appointment will be effective on October 10, 2005. Until then, Olivet will serve part-time in an advisory capacity as an employee of the company. Mr. Oliv
SkiNH Members Elect Goddard as Chairman
Greg Goddard, general manager of Gunstock Mountain Resort, was elected to a 4 year term as chairman of SkiNH at their annual meeting held at the National Ski Areas Association regional convention at Bretton Woods. Goddard, a 25 year veteran of the ski ind
Wilson Receives SPARC Award
Buyers and merchandise managers from the top 150 mass-market retailers have bestowed on Wilson Sporting Goods Co. a 2005 SPARC Award. Based on a recent poll of leading retail executives by DSN Retailing Today, the accolade recognizes Wilson for its servic
Nike Inc. Sees Gaining Strength in Softer Market…
Nike, Inc. shares were up almost 8% on Monday in early trading after the company signaled a strengthening U.S. business and order backlog portfolio. A shift in demand creation spending to the fiscal second quarter also helped the bottom line, nearly offs
GSI Commerce Inks Agreement with NY AG Over Web Partnering Practices…
The Associated Press is reporting that GSI Commerce has agreed to adopt changes in its pricing practices after New York Attorney General Eliot Spitzer accused the Internet services company of going “too far when it manipulated the prices of competing spor
Second Quarter Retail Results Get Boost from IPO’s, Mergers and Acquisitions…
The retail sector offered little excitement in the second quarter as athletic specialty and sporting goods retailers settled into their newly merged formats that produced little energy in the comparable store line. Genesco’s triumvirate of specialty name
Mainland Headwear Reports Weak H1, Has High Hopes for Back Half…
Sales and profits were down for the first half of the year for Chinese headwear manufacturer, Mainland Headwear. The company pointed to the loss of the MLB license and the NHL lockout as culprits for much of the downturn, while looking to the back half a
Full90 Lands Asian Distribution and Funding in One Deal…
Mitsui & Company, a Japanese company with $29 billion in annual revenues, made a strategic investment in Full90 Sports, which manufactures head protection for soccer. As part of the deal, Mitsui will serve as a manufacturer and exclusive master distributo
Yue Yuen Signals Negative Impact of Oil Prices, Labor Costs…
A key indicator may show that increasing oil prices and a growing Chinese economy are apparently working their way into the footwear manufacturing pipeline. Last week, Chinese footwear manufacturer Yue Yuen Industrial Limited reported a profit decline in
Kinetic Files for Bankruptcy After Loss of Etonic License…
Kinetic Sports, the former running and walking products licensee of the Etonic brand, filed for Chapter 11 bankruptcy protection in early September. In June, Etonic Worldwide announced that it would be bringing its running and walking products back in-hou
Deckers Files Suit Over Alleged Sandal Knock-Offs…
Deckers Corp. last week filed suit against Big 5 Sporting Goods Corp., Maui & Sons, and other unnamed individuals for Patent Infringement, Copy Infringement, and Trade Dress Infringement. The suit further alleges that the defendants in the case are in vi
The Stride Rite Corp. Completes Saucony Acquisition…
The Stride Rite Corporation late Friday announced that it had completed the acquisition of Saucony, Inc. The acquisition is being financed with cash on hand and borrowings under a new $200 million revolving credit facility led by Bank of America, N.A. T
Sport Haley Strong Fourth Quarter Not Enough to Offset Full Year Loss…
Sport Haley’s fiscal fourth quarter 2005 showed some drastic improvements over the preceding several quarters. Net sales increased 10.3% to $7.0 million compared to $6.4 million last year. Gross Margin increased by over ten full percentage points to 35.5
Ashworth Appoints CFO; COO Departs…
Ashworth, Inc. has appointed Peter S. Case to the position of EVP, CFO, and treasurer. He has been acting in an interim role. Peter Holmberg was also promoted to EVP of merchandising, design, and production. Per Gasseholm has resigned from his position as
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