Jarden Corporation's Outdoors Solutions division, which includes Pure Fishing, Coleman and K2, recorded fourth quarter sales of $494.0 million, a 13.4% drop from last year's sales of $570.2 million. Operating loss for the quarter improved 98.1%
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
VF Corp. Appoints Board Member
VF Corporation elected Juliana L. Chugg to serve as a director, effective February 10. Chugg is Senior Vice President at General Mills Inc. and President of Pillsbury USA…
RECALL: Clif Bars with Peanuts
Clif Bar & Company announced a voluntary recall of various CLIF and LUNA bars on Jan. 30, citing “concerns that the recalled bars contain peanut products that were manufactured by Peanut Corporation of America (PCA), which is the focus of an ongoing Salmo
Fortune Brands Names SVP, Corporate Development
Fortune Brands, Inc., the parent of the Acushnet Co. golf group, announced that Patrick J. Koley has joined the company as senior vice president – strategy & corporate development. He reports to Bruce Carbonari, chairman and chief executive officer of Fo
Original Shoe Co. and Qube Head for Administration
JJB Sports,the UK retailer, said it intends to place two loss-making footwear subsidiaries into administration, a form of bankruptcy protection. JJB said its lifestyle division, which operates 64 Original Shoe Company Ltd. stores and 13 stores under the Q
Heelys CEO Steps Down
The board of directors of Heelys, Inc. has accepted the resignation of Donald K. Carroll, Heelys' CEO since May 20, 2008, effective today. Michael W. Hessong was named interim president and chief executive officer until the board designates a full-ti
Cybex Posts Loss After Charge
Cybex International, Inc. reported sales in the fourth quarter dropped to $39.3 million from $44.5 million a year ago. The company reported a net loss for the fourth quarter of 2008 of $10.9 million, including an $11.3 million goodwill impairment charge,
Nike to Lay Off Up to 4% of Employees
Nike Inc. plans to eliminate up to four percent of its nearly 35,000 people worldwide workforce as part of a restructuring and cost-cutting initiative. The company called it the “next stage of its category business model execution, which includes the rest
RECALL: Dick’s Sporting Goods Golf Game/Camping Equipment
A camping stove and golf game sold at Dick's Sporting Goods Inc. are under a voluntary recall. About 6,700 Field & Stream dual burner propane-fueled camp stoves might produce higher-than-expected flames, or ignite unexpectedly, the Consumer Product S
Russell Athletic to Sponsor AVP Pro Beach Volleyball Teams
Russell Athletic has become an Official Apparel Sponsor of the AVP Pro Beach Volleyball, America's professional beach volleyball tour. Under the three-year agreement, Russell will have a branded presence at the on-site merchandise tent at each tour s
Adidas Sees Currency Fluctuation Risks
In an interview with Bloomberg Television in Wiesbaden, Germany, Adidas AG Chief Executive Officer Herbert Hainer said currency fluctuations are the biggest risk for Adidas’s business in 2009. Hainer particularly cited the declining value of the ruble
Sporting Goods Exempted From Phthalates Ban
According to the Consumer Product Safety Commission, sporting goods (except for toy versions of a sporting good) are exempted from the definition of a toy and not subject to the ban on phthalates in toys. CPSC also said exempted bicycles, playground equip
CenterStone’s B2B E-Commerce Solutions Receive Record Adoption
For the fourth consecutive year, CenterStone Technologies reported record numbers for transactions processed through its iVendix and Escape B2B e-commerce applications in 2008. The company's solutions have helped to expand the marketplace for vendors
Siegel Returns to Lacoste
Devanlay SA announced the appointment of Robert Siegel as CEO of Devanlay U.S. Inc., the licensee for Lacoste branded apparel in the U.S. He replaces Robert Skinner, Jr., who has resigned due to differences with the Board…
Feedback Sports Acquires Ultimate Bike Support
Feedback Sports LLC has acquired Ultimate Bike Support, the bicycle division of Fort Collins, Colo.-based Ultimate Holdings. Feedback Sports, headquartered in Golden, CO, manufactures a line of scales and tools for bicycle mechanics, cyclists and outdoor
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