Season Pass Sales Soar, Bookings Dive at Vail Resorts

Vail Resorts, Inc said last week that its season pass sales were up 29% from the same time last year, but that advance bookings at its mountain resorts were off 23%. The company said that if bookings don’t improve it will have to lower its guidance for th

Sullivan Named Cloudveil Prez

Cloudveil named Co-Founder Stephen Sullivan President of the company following the resignation of Co-Founder and President Brian Cousins. Cousins leaves Cloudveil after helping to complete its integration with parent company Spyder Active Sports to pursue

Q2 Net Income Plummets for Smith and Wesson

Smith & Wesson Holding Corporation reported a net loss for the second fiscal quarter of $76.2 million, or $1.62 per fully diluted share, compared with net income of $2.9 million, or 7 cents per fully diluted share, for the comparable quarter last year…

Arena Football League Cancels 2009 Season

The Arena Football League has canceled its 2009 season, but the indoor football league, which has struggled financially for several years, said it plans to resume play the following year. The AFL said its board of directors voted on Sunday night to suspen

Puma to Sponsor Women’s Pro Soccer League

Puma signed a deal to sponsor the Women's Pro Soccer League, which is being launched in April. The three-year deal calls for Puma to pay roughly $10 million to become the official equipment supplier to WPS. Puma will have its name and logo on the lea

Kohl’s Acquires 31 Mervyns Locations

Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held yesterday for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For

Callaway Brings Back Trade-In Program

Callaway Golf has reintroduced its Trade In! Trade Up! program. The program allows consumers to exchange their old, used Callaway Golf or other major brand clubs for a credit toward the purchase of the latest Callaway Golf equipment…

Innsbruck to Host First Youth Olympic Winter Games in 2012

Innsbruck, Austria will host the 1st Winter Youth Olympic Games in 2012. Innsbruck beat Kuopio, Finland in the final by 84 votes to 15. Following the 1st Summer Youth Olympic Games in Singapore in 2010, Innsbruck will be responsible for staging the 1st Wi

Survey: A Third of Major Retailers Cut Holiday Ad Spend

One-third (32%) of chief marketing officers (CMOs) at leading U.S. retailers state that their holiday marketing and advertising budgets have been reduced this season, according to a survey conducted in October by the accounting and consulting firm BDO Sei

NSSF Endorses Federal Excise Tax

The National Shooting Sports Foundation (NSSF) has been leading a broad coalition of sportsmen and conservation groups, including the Congressional Sportsmen's Foundation, National Rifle Association and Ducks Unlimited, in an effort to reform the fed

Puma Acquires Stake in Dobotex

Puma AG will take a majority stake in Dutch company Dobotex as of January 1, 2009. In a brief statement, the company, based in Herzogenaurach, Germany, did not indicate the size of the stake or the terms of the deal…

Reebok, AstroTurf Partner Up on Performance Study

Reebok has partnered with GeneralSports Venue, the exclusive U.S. licensee of the AstroTurf brand of synthetic sports turf products, to study the interaction between athletic footwear and field surfaces for athletes…