Diadora America Inc. and Diadora SpA filed a lawsuit against Skechers USA Inc. for allegedly infringing on its trademark with the launch of Skechers's Luger-Strafe sneaker. According to court documents obtained by Sports Executive Weekly, the Itali
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Bob’s Sees Return to Profitability in Q4 Ex Charges…
Excluding an impairment charge, Bob's Stores posted a $3 million operating profit for the fourth quarter versus a loss in the prior-year quarter. Sales advanced 6.7% to $96 million from $90 million. Comps climbed 10%. With the after-tax charge of $5
Currie Tech Acquired by PE Firm…
Currie Technologies, the manufacturer of electronic bicycles and scooters, has been acquired by Risk Equity Partners, a Burbank, CA-based investment group. Larry Pizzi, president of Currie Technologies, will continue to run the company, based in Chatswort
Nike to Sponsor French Soccer…
The French national soccer team will end its long-time sponsorship deal with adidas in 2011 in favor of a $506 million contract with Nike. The French Soccer Federation said Nike outbid adidas and French company Airness, promising to pay $63.4 million a ye
Cabela’s Does Not Expect Comp Sales to Rebound until 2008 Fourth Quarter…
Cabela’s Inc. said it will shift more toward branded apparel and swap out seasonal inventory quicker to combat a 5.9% slide in same-store sales in the fourth quarter that it attributed largely to less traffic in its stores…
Obituary: San Jose’s Mel Cotton
Mel Cotton, owner of the San Jose sporting goods store bearing his name, has passed away at the age of 91. He founded Mel Cotton's Sporting Goods forty years ago…
Shimano Snaps Up Pearl Izumi…
Pearl Izumi has a new buyer, and it seems to be a better fit this time around. Shimano Inc., the Japanese cycling and fishing gear maker, reached an agreement to buy Pearl Izumi for $69.5 million. Nautilus had put the cycling and running brand on the sell
Avalanche Fatalities Approaching New Highs for Modern Era…
With two weeks still left in February, avalanche fatalities in the U.S. were approaching the winter of 2001-2002, the record for the modern era. The rising death count is renewing concerns over whether the outdoor industry is doing enough avalanche traini
OIA Adds Chief Lobbyist; Opens D.C. Office…
The Outdoor Industry Association (OIA) opening its Washington, D.C. office and hired Todd Keller to manage the office. Keller will be based at the office, located near Union Station within walking distance of Capitol Hill. Amy Roberts, director of gove
Outdoor/Fitness Unit Rebounds in Q4…
Sales at Garmin Ltd.'s outdoor/fitness segment rebounded nicely in the fourth quarter, growing 43% to $114 million thanks to strong demand for its new Astro dog-tracking products and more sensitive handheld GPS units…
“Leave No Child Inside” Fund Bill Dies in New Mexico Legislature…
A bill aimed at raising nearly $2 million a year in tax revenue to pay for New Mexico's Outdoor Classroom Program died in committee on the last day of the session…
GE Energy Opens eVent Lamination Facility in China
GE Energy has begun taking orders for eVent fabric from Chinese cut-and-sew operations at a new 7,000-square-meter manufacturing and laboratory facility in Shanghai, China. GE built the facility to be closer to customers of its membranes business, includ
Cascade Designs Hires European Sales Manager
Cascade Designs, Ltd., announced that Annette Jansen has joined the company as European Regional Sales Manager. Jansen will take responsibility for specific regions within the European sales team and help support the rapidly growing sales of Therm-a-Rest,
Weyco Group Q4 Profits Up Slightly
Weyco Group Inc. reported slightly higher profits for the fourth quarter, despite flat retail sales and declining U.S. sales of the key Florsheim brand. Net income increased 1% to $7.8 million, or 66 cents per share, compared with $7.7 million, or 64 cen
Under Armour to Open Second Store in Chicago Suburb
Under Armour Inc. plans to open its second store in the Chicago suburb of Aurora, IL. The store in the Fox Valley Mall will measure 6,000 square feet. Under Armour began testing its own retail stores in November when it opened a 4,500-square-foot store in
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