Author: Teresa Hartford

Golfsmith International Holdings, Inc. has revamped its positioning strategy to add tennis centers in up to 60% of its stores in major tennis markets by summer 2005. The retailer, which currently operates 46 superstores, recently began operating tennis c

K2’s diversification seems to be paying off by balancing the seasonality of the different businesses and compensating for any unseasonable weather-related issues that have been plaguing many other manufacturers. Still, the balance didn’t help the bottom l

The Timberland Company saw a further shift of its business to the International side of the scale in the first quarter as both reported and constant dollar sales outpaced the Domestic gains. The company did get a lift in late season boot sales in the Nor

Wolverine World Wide, Inc. got fairly balanced performances from each of their divisions in the first quarter ended March 26, with all groups reporting “solid” revenue growth and double-digit earnings gains for the period, but the Outdoor Group, which inc

Head Sport AG has decided to outsource 90% of its tennis racquet production from its European sites in Kennelbach, Austria and Èeské Budejovice, Czech Republic to China. The move is in response to the sharp rise in the Euro-Dollar exchange rates over the

Oakley seems to be adjusting to the sunglass market’s move to more fashion-oriented eyewear while at the same time boosting the bottom line through its multi-channel distribution strategy. While most production issues with Oakley sunglasses seem to have b

Despite hitting its estimates for sales and earnings for Q1, Deckers saw its shares plunge more than 25% last week after the company started to show some weakness in its core Teva business. Analysts may also be spooked a bit by the reliance placed on the

Fortune Brands reported a record first quarter for its Acushnet Golf division, which includes the Titleist, Cobra, and FootJoy brands, as sales for the period increased 1.0% to $343 million, compared to $338.9 million in the year-ago period. Sales had ju

A U.S. district judge on Monday sentenced former Just for Feet EVP Don-Allen Ruttenberg to spend 20 months in prison and pay a $50,000 fine. Ruttenberg, son of JFF founder Harold Ruttenberg, received the sentence based on his April 2004 guilty plea to co

Kansas University and adidas have agreed an eight-year sponsorship and product-allowance agreement worth $26.67 million, one of the largest footwear and apparel partnerships in college athletics. Beginning this fall, each of the Jayhawks' 18 intercol

Lacoste announced the signing of a 5-year partnership with tennis superstar Andy Roddick. Beginning May 1st Roddick will join the Lacoste tennis team among the ranks of such promising stars as Tatiana Golovin and Richard Gasquet…

MSA recently became aware of two incidents where climbers using the Redpoint Descender experienced a rapid rate of descent. The company’s initial investigation indicates that under certain use conditions the model of one-way bearing used in some of the de