Nike Signs $46mm Deal with UConn

The University of Connecticut's trustees have approved a 10-year, $46 million contract with Nike Inc. for an exclusive sponsorship deal. Nike will provide all of the varsity teams with uniforms, apparel, footwear, practice gear and equipment with a r

Finnish Running Brand Karhu Acquired

Former Reebok executives, Huub Valkenburg and Jay Duke, have purchased the Finnish running brand, KARHU, including the trademarks and patents of the KARHU brand. Karhu Sporting Goods Oy, previous owner of the brand, remains the licensee for the Scandinavi

Report: Starter Close to Tony Romo Deal

According to Sports Business Daily, Starter, which is owned by Iconix Brand Group, is getting close to a five-year, $10 million endorsement deal with Cowboys QB Tony Romo. According to the daily, Reebok, Romo's previous sponsor, decline to match the

Collective Brand’s CFO Resigns

Collective Brands, Inc. reported that SVP and CFO Ullrich “Rick” E. Porzig announced his retirement. Porzig, 62, has served the company for more than 14 years in positions of increasing responsibility in finance functions. The company is continuing its se

Voting Begins on OIA Board of Director Nominees…

Voting began Wednesday and ends at 5 p.m. July 17 for positions on the Outdoor Industry Association’s board of directors. The OIA’s 2008-009 board will consist of 18 voting members and 10 appointed members. The OIA has nominated six incumbents for second

OIA Expands Marketing Team

OIA has hired Scott Chavkin as its new director of marketing and communications to oversee all aspects of the association's day-to-day marketing and communications needs…

Performance Bicycle Names Golfsmith’s Thompson as CEO

Performance Bicycle has named Jim Thompson as Chief Executive Officer. The announcement, effective immediately, was made by Performance Bicycle and North Castle Partners, the retailer’s lead equity sponsor. Garry Snook, the founder of Performance Bicycle

Sport Chalet Opens Store in L.A.

Sport Chalet, Inc. opening its new 50,500 sq. ft. store located at 11801 West Olympic Boulevard, Los Angeles, CA 90025. The company now has 52 Sport Chalet locations…

ITC to Review Ruling in Croc’s Trade Case

The U.S. International Trade Commission said it will
review an administrative judge's finding that five U.S.
companies did not violate trade laws by importing foam
shoes that Croc's alleges infringe two of their patents…

Veltec Adds Rep for Florida

Veltec Sports has added Charlie Allen as an outside sales representative covering the state of Florida. With over 10 years experience in outside sales in the bicycling industry, Allen has worked with Specialized Bicycle Components, Cannondale Bicycle Corp

Report: VF Corp. Closes Three Costa Rican Plants

VF Corp plans to close three factories in Costa Rica by July 16 and dismiss about 400 workers there, according to just-style.com. The announcement comes as Costa Rica is facing rising competition from nearby countries such as Guatemala and Nicaragua, whos

Dick’s Sporting Goods Sees Fitness Rebound…

Just a few weeks after saying the company would not meet guidance for the year, Dick’s Sporting Goods Chairman and CEO Ed Stack told investors and analysts gathered at the William Blair Growth Stock Conference in Chicago that its fitness business had turn

NBA to Open Stores in China…

The National Basketball Association has chosen JuneYao Group to develop 2,000 branded retail outlets across China. The agreement with the NBA will allow JuneYao to sell licensed merchandise in the 2,000 NBA retail stores it plans to open over the next two