Umbro’s CEO Steve Makin Exits

Nike, Inc. and Umbro announced that Steve Makin, CEO and board member of Umbro Plc, has decided to leave the company. Effective immediately, Makin will be succeeded as president and CEO by Matthew Cook, who most recently was general manager of Nike Italy.

Genesco / Finish Line Merger Comes to a Head…

All eyes will be on New York this week as a federal judge is expected to make rulings that could stamp out litigation over The Finish Line Inc.’s stalled $1.5 billion acquisition of fellow mall shoe retailer Genesco Inc…

Prince Sports Acquires Top Paddle Tennis Brand…

Prince Sports last week announced plans to acquire the platform tennis brand, Viking Athletics. The deal is the first for Prince Sports since Nautic Partners, based in Providence, RI, acquired a majority interest in the tennis brand last July. Details of

Big 5 Anticipates Negative Comps through 2008…

Big 5 Sporting Goods Corporation’s same-store sales fell 4.7% in the fourth quarter and will do more of the same throughout 2008. The retailer said it expects same-store sales to decline in the low to mid-single-digit range in the first quarter and for th

Globe Sees H1 Sales Improve…

Globe International, like the other Australian businesses with a bulk of sales in the U.S. saw currency exchange rates eat into what would have been strong results for the fiscal first half. The company saw H1 net sales grow 2.8% to $63.6 million, but wou

Speedo Sales Dip 12% in 2007…

Speedo revenues for 2007 fell 12%, or about $30 million, primarily due to a reduction in shipments to clubs. On a positive note, Warnaco, its parent, noted that Speedo's shipments to its team dealer network and sporting goods stores were up 3%, and S

Rocky Brands Hurt by Drop in Hunting Boot Sales…

Rocky Brands Inc.'s Q4 sales increased 2.8% to $72.5 million from $70.6 million as gains at retail offset declines in its outdoor and western footwear divisions. Hunting footwear sales slid 38.2% to $6.8 million from $11.0 million primarily due to a

OBIT: Dennis Charles “O’D” O’Donnell

Dennis Charles O’Donnell passed away due to respiratory failure from ALS, more commonly known as Lou Gehrig’s disease, on February 16, 2008, leaving behind family, friends and business associates, all who knew him as “O’D”…

OIA Launches Political Action Committee…

In a move designed to increase its clout in Washington, Outdoor Industry Association has launched its first political action committee. The PAC will allow the industry to move from giving away plaques and hosting honorary banquets to contributing cold har

Pyranha Now Sitting on Top with Kayak Acquisition…

Two months after closing a deal to distribute a line of sit-on-top kayaks from Thailand, Pyranha USA has lined up 20 dealers. The company expects the addition of Feel Free recreational kayaks to double its unit sales in 2008 and to triple dollar sales wit

Major Owners of Tamarack Resort File Bankruptcy…

Two of the largest owners of Idaho’s high-profile Tamarack Resort filed Chapter 11 bankruptcy Feb. 15 after French bank Societe Generale canceled a $118 million construction loan for a major real estate project on the property. Societe Generale canceled t