Garmin Ltd. plans to open company-owned offices in Australia, to be known as Garmin Australasia Pty Ltd. The new facility will include a full warehouse, sales, marketing and customer support staff to support dealers and customers in Australia and New Zeal
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike to Sponsor French Soccer Team
The French national soccer team will end its long 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 per year
MacGregor Golf Names Setola CEO
MacGregor Golf Co. named Michael J. Setola as its president and CEO, effective immediately. Setola was most recently president of Oxford Industries, where he was responsible for brands including Oxford, Lanier and Ben Sherman. Additionally, the company an
Princeton Ski Shops Closes Down
Princeton Ski Shop, which filed for bankruptcy last November, is liquidating. Going-out-of-business sales are starting this Saturday, February 23, at its four superstores in the NY/NJ metropolitan area…
Heelys SVP Global Sales Resigns
Charles D. Beery plans to resign as Heelys, Inc.'s SVP – Global Sales. According to a filing with the SEC, his resignation will become effective on February 29…
TAF Expands in Sweden and Qatar
The Athlete's Foot has expanded operations to Sweden and Qatar. The company signing a Master Franchise Agreement with TAF Sweden AB. NexCen Brands, Inc., TAF's parent, said the ten-year agreement calls for the development of a minimum of ten sto
Crocs Extends NBA Licensing Business
Crocs, Inc. has expanded its licensing business with an agreement covering the National Basketball Association. The agreement, which covers both Crocs footwear and Jibbitz charms, allows Crocs to license agreed logos for all 30 NBA teams and related NBA p
EMS Commits $500,000 to the Conservation Alliance Legacy Fund
Eastern Mountain Sports has committed to contribute $500,000 to The Conservation Alliance Legacy Fund over the course of the next five years. The pledge brings the Alliance closer to its $3.5-million goal for the Legacy Fund…
Optic Nerve/Mountain Shades Moves to Wheat Ridge, CO
Optic Nerve and Mountain Shade sunglasses will move its current headquarters IN Edgewater, CO, to Wheat Ridge. The new Optic Nerve/Mountain Shades office, over triple the size of the current location, will open for business on February 25, 2008 and is loc
Columbia Partners with The Skin Cancer Foundation
Columbia Sportswear partnered with The Skin Cancer Foundation to introduce a new Omni-Shade sun protective apparel line. Columbia said it is the first global company to receive The Skin Cancer Foundation's Seal of Recommendation, which is awarded to
Golf Report: Cleveland Golf Sells FIDRA Brand
Cleveland Golf has sold FIDRA, the golf apparel company formerly owned by Quiksilver, Inc., to Goodtimes International Co., Ltd., which has since changed its name to FIDRA Co., Ltd. The new FIDRA Co., Ltd. is based in Tokoy, Japan. Quiksilver entered the
Nau to Open 10 Stores in 2008
Nau Inc. plans to open 10 more retail locations in 2008. Plans for new markets include Los Angeles, San Francisco, Denver, Boston and Bethesda. Second stores will be opened in the existing markets of Seattle and Portland, OR. It currently has four doors i
Wolverine Names New Outdoor Exec in Europe
Wolverine World Wide, Inc. appointed Onder Ors to the position of SVP, International for the Outdoor Group. In this new role, Ors will lead all International and European subsidiary operations for the Merrell and Patagonia Brands, which includes the respo
180s Inks International Distribution Partnerships
180s announced a number of new distribution partnerships in Canada, Western Europe and Japan. Coming off a solid showing at the ISPO show in Munich, Germany, 180s announced two new partners Cizen for Japan, Italy, France and Germany; and Dogree Fashions i
Garmin’s Q4 Outdoor/Fitness Revs Rise 43%
Garmin Ltd. reported fourth quarter revenues nearly doubled to $1.22 billion from $61.1 million. The company said it sold almost as many units in the fourth quarter as in all of 2006. Revenue at the outdoor/fitness segment revenue grew 43% to $114 million
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