Lotto Sport Italia S.p.A. closed 2006 with revenues of €277 million ($348.0 mm), an 8% increase over 2005. The last year was one of change for the company following investments in the product R&D sector, in sales development and in acquisitions…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
NGF: March Golf Rounds Up…
After facing a tough comparison in February that saw rounds played plummet 15.8%, the industry rebounded in March with an 11.3% increase on a same-store basis, according to the National Golf Foundation. Despite the strong results for March, the year-to-da
Akadema Sues HandB over Glove Patent…
Akadema, Inc. has taken Hillerich & Bradsby Co. to court over a patent that the Akadema received in August 2006 and applied for in 2004 for its ‘Funnel’ baseball glove. Akadema feels that H&B’s ‘Flare’ line of gloves, sold under the Louisville Slugger bra
Skechers Wins Round One; Asics Still Sees Merit in Case…
Skechers USA, Inc. reported it won a “major victory” in a trademark lawsuit filed against itself by Asics Corporation and Asics America Corporation. The U.S. District Court for the Central District of California denied Asics' motion for a preliminary
Pacific Cycle Looking for IBD Brand Acquisitions…
Dorel Industries, the parent company to the Pacific Cycle and Schwinn brands, reported that its first quarter Recreational/Leisure division revenues increased 7.6% to $87.9 million compared to last year's $81.7 million…
LaCrosse Has Solid Q1 on Healthy Sales, Margins…
LaCrosse Footwear reported that first quarter sales climbed 11% to $23.7 million from $21.4 million. Sales to the outdoor market grew 7% to $8.3 million, due to continued penetration into the hunting and rugged outdoor boot markets. Net income jumped 54%
Garmin Sees Q1 Sales Slide in Outdoor/Fitness Segment…
Garmin Ltd. recorded Q1 revenues jumped 53% to $492 million as a 110% gain in its Automotive/Mobile segment offset lower sales in its Outdoor/Fitness and Marine segments…
Thule Looks Within the Car for Latest Acquisition…
Thule AB has acquired Case Logic, Inc. and all subsidiaries of the U.S.-based storage and organization solutions company. Case Logic’s strongest markets are in the U.S. and Europe, with a growing presence in the Latin and Asia Pacific markets…
OIA Members Work to Legitimize Green Design…
With environmental and social sustainability at the forefront of the public consciousness today, the outdoor industry is beginning to take the first steps to provide a measurable, legitimate program to authenticate companies that are working to keep their products as clean as possible. While the program is still in he early steps, 70 representatives from […]
Yakima Opens West Coast D.C….
Yakima has opened a distribution center in Riverside, Calif., that will decrease delivery time by 50% for western customers. Retailers can expect a one to two day transit time instead of the previous distribution schedule of four to five days. Yakima will
K2/Jarden Deal Faces Shareholder Class Action Suit
A union pension fund has filed a lawsuit against K2 and its board of directors for an alleged breach of fiduciary duty in accepting a $1.2 billion cash and stock buyout offer from Jarden Corp. The Steamfitters Local 449 Pension and Retirement Security Fun
Big Agnes Revs Up 67% YTD
Big Agnes, entering its 7th year in business, is on roll. The sleeping bag, pad and tent manufacturer reports that overall sales are up 67% year-to-date…
Norcross Acquires NEOS
Norcross Safety Products (NSP), parent company of North Safety Products, has acquired New England Overshoe (NEOS), a leading overshoe manufacturer for industrial and consumer markets. New England Overshoe makes NEOS brand overshoes, rugged all-terrain and
PolarPak Reports Delivery Delays
Sport Innovation Group, owner of the PolarPak brand, reported that delivery on all Polarpak Hydration Systems, which includes the Polarpak and Moflow reservoirs along with the Flowjo waist pack, were delayed until early- to mid-June. The company noted cha
Dick’s Sporting Goods Partners with Lacrosse Champions
Dick's Sporting Goods has become a sponsor for The Philadelphia Barrage, the 2006 Major League Lacrosse Champions. At each Barrage home game, Dick's will provide coupons to fans giving $10 off a $50 purchase at local Dick's locations. Dick