The Sporting Goods Manufacturers Association (SGMA) stated its support for preserving the status quo of the Lacey Act. Currently, the Lacey Act states that sporting goods are exempt from the new reporting requirements on wood and plant content in imported
Category: Footwear
Nike, USA Track and Field Extend Sponsorship Deal
Nike Inc. and USA Track & Field have extended their sponsorship agreement through 2013, but Nike has an option to renew it through 2017. Under the new alliance, a special fund was also set up for support traditionally under-funded event groups. The term
Smith and Wesson Reports Q4 Sales Up 19.8% on Strength from MandP Firearms
Smith & Wesson Holding Corporation, parent company of Smith & Wesson Corp., reported net sales for the fourth fiscal quarter 2009 were $99.5 million, or 19.8% ($16.4 million) higher than net sales of $83.1 million for the fourth fiscal quarter last year..
Trek World Racing, Lucozade Sport Partner
Trek World Racing has named Lucozade Sport as its first official sports nutrition supplier. Lucozade will supply an extensive range of contaminant-tested sports nutrition to both cross-country and downhill riders at all World Cup events…
SRAM Appoints Cycling Fund Director
SRAM appointed Andy Neufeld as its Cycling Fund director. Neufeld is currently the chief strategy officer for the Active Transportation Alliance, (formerly Chicagoland Bicycle Federation), having served as executive director from 1987 through 2005…
Reef Celebrates 25th Year with Miss Reef Contest
Reef and Surfline, in honor of Reef's 25th Birthday, have joined forces to determine the best Miss Reef of all time. Fans of Miss Reef will get a chance to view the selection, and cast a vote for their favorite Miss Reef at surfline.com and the micro
Tenenbaum Confirmed as CPSC Chair
The US Senate has confirmed Inez Tenenbaum as chair of the Consumer Product Safety Commission (CPSC). President Barack Obama nominated Tenenbaum, South Carolina's former state superintendent of education, for the post in May…
SIMA Sets New Date for 12th Annual Surf Summit
SIMA has rescheduled its 12th Annual Surf Summit to September 30 through October 3, at the Crowne Plaza Resort Los Cabos in San Jose del Cabo, Mexico. In late April, SIMA postponed the event set for May 9 through May 13 due to the Swine Flu outbreak…
Judge Denies Wilson Sporting Goods in Patent Case
A federal judge has denied summary judgment to Wilson Sporting Goods, which was sued for patent infringement by Everything Baseball, based in St. Charles, IL. Wilson was accused in a lawsuit in Illinois Northern District Court of copying a chest protector
Quiksilver Lays off 168
Quiksilver Inc. will lay off 168 more people at its Huntington Beach headquarters, according to a notice filed with the California Employment Development Department. Quiksilver announced a major restructuring initiative in January 2009 that included the e
Conservation Alliance Grantee Protects 7 Million Acres
The Canadian Parks and Wilderness Society (CPAWS) has expanded the boundaries of Nahanni National Park Reserve by seven million acres. The Conservation Alliance supported this effort with two grants totaling $50,000 in 2006 and 2008…
Smith and Wesson Acquires USR
Smith & Wesson Holding Corporation has entered into a definitive agreement to acquire Universal Safety Response, Inc., a privately held, full-service security systems solutions provider, for up to 9.7 million shares of common stock and up to $26.2 million
Active Ride Shop Sees Surprise Buyer Emerges Winner in Auction
A Florida real estate and hotel developer with a background in the garment industry became the surprising winning bidder in a bankruptcy auction for Active Ride Shop, beating out Zumiez and three other bids in the process. Issa Ladha's Lifestyle USA’
Diadora America President Sees Positives in Parent Company Acquisition
Diadora SpA last week reached an agreement to be acquired by Geox SpA's founder and chairman Mario Moretti Polegato through his family's investment arm, Lir. Speaking to Sports Executive Weekly, Bill Nuttall, president of Diadora America, said t
Eddie Bauer Files for Chapter 11 Protection; Prepares for Sale
Eddie Bauer Holdings Inc. filed for Chapter 11 bankruptcy protection last Wednesday as part of a proposed sale to affiliates of CCMP Capital Advisors LLC. The deal is expected to be worth $202 million in cash with working capital and similar adjustments
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