Blacks Leisure Expects Full Year Loss

Blacks Leisure expects to post a pretax loss of around £4.5m ($8m) this year because of poor sales trends, especially during August, and a sales drop of 16% in the Boardwear market. The U.K. outdoor retailer said: “During the first half the Outdoor busine

Garmin to Acquire Swedish Distributor

Garmin Ltd. has signed a letter of intent for the proposed acquisition of Sportmanship International AB (“Sportmanship”), the distributor of Garmin’s consumer products in Sweden. Financial terms of the transaction were not released. Following the acquisit

Boxercraft Undergoes Recapitalization

Boxercraft Inc., a manufacturer of spiritwear and collegiate licensed apparel based in Atlanta, has undergone a recapitalization through River Associates Investments, LLC and Boxercraft’s management. The recapitulation was supported by a $21 million “one-

Jimmy Jazz Opens Third Store in Philadelphia

Jimmy Jazz opened its third store in Philadelphia in the Roosevelt Mall. In a statement, the urban retailer said that as part of a larger growth strategy, it will continue to open several retail stores in the eastern US before the end of 2008. Expected lo

Nike Names VP/GM, Men’s Athletic Training

Nike Inc. appointed Nike veteran Kris Aman as VP and GM of men’s athletic training. Aman has been with Nike for 12 years and most recently served as the global GM of Beijing ’08. Aman will lead an integrated consumer-oriented focus across footwear, appare

Rip Curl Names VP, Merchandising Operations

Rip Curl promoted Brian Bosson to VP of merchandising operations. In his new role, Bosson will expand his responsibilities overseeing the Tech Product Division into the production and development business…

Sole Technology Names European Manager

Sole Technology promoted Jan Van Leeuwen to general manager and VP of its Amsterdam-based European headquarters. As general manager, Van Leeuwen will direct and oversee all operational efforts for each of the brands for Europe…

Sports Illustrated Opens First Store

Sports Illustrated opened its first-ever retail store when Detroit Metropolitan Airport unveiled its new North Terminal on Sept. 17. The SI store features an array of branded consumer products including apparel, books and magazines as well as branded merc

Dick’s SG Appoints Schmidt as President

Joseph M. Schmidt, currently EVP of operations and COO, will assume the role of president and COO for Dick's Sporting Goods. The promotion will be effective Feb. 1, 2009, the beginning of the company's 2009 fiscal year. Edward W. Stack will reli

TaylorMade-adidas Appoints COO

TaylorMade-adidas Golf Company promoted Pete Sanchez to the position of COO. In his new role, Sanchez will oversee the company's engineering, supply chain, sourcing, procurement and all manufacturing operations. Sanchez joined TaylorMade-adidas Golf

OBIT: Phil Chiarella

Phil Chiarella, an EVP of Canstar Sports USA (formerly Bauer) when it was sold to Nike Inc. in 1995, died last week at the age of 66 after a long battle with prostate cancer, according to the Montreal Gazette. He has been credited with leading the develop

Amer Sued by Avocet Sports Technology

Avocet Sports Technology, based in Menlo Park, CA, has filed a lawsuit against Amer Sports and its subsidiary, Suunto USA, for infringing on three patents for altimeter devices. The suit seeks monetary damages in excess of $20 million…