Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. The compa
Category: Footwear
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were ¥54.9 billion ($563 mm), compared to ¥65.3 billion ($625 mm) in the year-ago quarter…
True Temper Q2 Sales Fall 43.8% Amidst Inventory Concerns
True Temper Sports, Inc. reported net sales for the second quarter fiscal 2009 fell 43.8% to $21.1 million from $37.7 million in the year-ago period. Management for the company cited the global recessionary pressures and a weaker retail landscape, and not
Clarification
Jim Moss, TAPS board member, recently contacted The B.O.S.S. Report wishing to clarify some statements attributed to him in the article New Paddlesports Show Creates Dustup at OR Summer Market, published in BOSS_0930…
Rock Climbing Injuries Increase as Sport Gains Popularity
With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o
ATK Awarded $20 Million to Deliver Load-Bearing Vests for the U.S. Marine Corps
Alliant Techsystems has received a $20 million order from the U.S. Marine Corps to produce Scalable Plate Carriers and components, according to a release by the company. The Scalable Plate Carriers(SPC) are scheduled for delivery by the end of January 201
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Nike Names Allaker Umbro President
Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…
Class Action Suit Claiming “Misrepresenation” Filed Against Ruger
Shalov Stone Bonner & Rocco LLP issued a press release announcing a class action lawsuit was filed on behalf of purchasers of Sturm, Ruger & Company, Inc. common stock between April 23, 2007 and October 29, 2007, inclusive…
Nike Canada to Sponsor Vancouver 2010 Olympic Winter Games
Nike Canada Corp. and the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) announced that Nike has been named the Official Supplier of high performance sporting goods for the upcoming Games and introduced Team Canada
Russell Corp. Jobs Headed to Kentucky from Alabama
Fruit of the Loom has announced it will relocate more than 270 apparel jobs from Alexander City and Monroeville in Alabama to its headquarters in Bowling Green, Kentucky. Positions affected include 218 Russell Corporation employees in Alexander City and 5
Brother Introduces Garment Printer Print Head Cleaning Service
The Brother International Corporation Industrial Products Division said it is now offering a new print head cleaning service for their GT-541 and GT-782 garment printers that would help to virtually eliminate production down time, and in some cases, the e
Dorel Bike Division Revenues Rise in Second Quarter
Dorel Industries Inc., the parent company of some of the biggest brand names in cycling products, reported that total revenues for second quarter ended June 30 declined 7.2% to $551.1 million from $593.7 million for the same period a year ago. Second qua
Millet to Launch Rope Recycling Program
Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope
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