Jarden Corp. is on track to cut $29 million in costs in 2008 thanks largely to cost savings it has identified at K2. That cost cutting, moreover, may even bring assembly or manufacturing jobs back to Mexico or the United States. The company cut $12 millio
Category: Footwear
Heelys Posts Q4 Loss, Sales Tumble 86%…
Heelys Inc. swung to a fourth quarter loss on higher returns and markdowns, while sales tumbled 86% to $9.8 million from $71.1 million. The $5.5 million loss, or 20 cents a share, included $3 million to increase its reserve for marketing discretionary fun
Iceland’s First Billionaire Sets Sights on Amer Sports…
Helsinki-based Amer Sports is investigating restructuring its board after a London-based investment bank that acquired 20% of the company in late January began pushing for representation on the board. Novator Finland Oy notified Amer Sports March 3 that i
Aldila Sees Flat Q4 Sales…
Aldila, Inc. reported that 2007 fourth quarter sales were essentially flat at $17.7 million versus $17.9 million in Q4 2006. Sales of golf shafts were relatively flat and sales of composite materials were 13% higher. There were no sales of hockey products
OGIO Files Suit Against Callaway for Patent Infringement…
OGIO is taking Callaway to task over alleged patent infringement regarding its Woode Club Management system, which was issued patent number 6,877,694 B2 in April 2005. The company filed papers with the State of Utah's Federal District Court on Februa
Messe München Suspends ispo summer; Expands Nielsen Business Media Alliance…
Messe München GmbH last week suspended its ispo summer show until further notice, while broadening its alliance with Nielsen Business Media, the German company said Friday. The company said the changes, which follow defection of many outdoor vendors and
Gildan’s Activewear Gets Boost from Prewett Deal to Bolster Fiscal Q1 Revenues…
Gildan Activewear Inc. reported sales in its first quarter climbed 34.8% to $250.5 million from $185.8 million a year ago. The gain was due to an increase of 92.7%, or US$39.4 million, in sock sales due to the acquisition of V. I. Prewett & Son and new re
OBIT: Ted G. Robinson
Theodore (Ted) G. Robinson, a past president of the American Society of Golf Course Architects, died Sunday March 2, 2008 at his home in Laguna Beach, CA after a 10 month battle with pancreatic cancer. He was 84…
Blademaster Extends Supplier Agreement With Hockey Canada
Hockey Canada and Blademaster have renewed their Official Supplier Agreement, through the end of the 2009-10 season. Blademaster has been Hockey Canada’s official supplier of skate sharpeners, skate repair machines, glove dryers and skate ovens since 2001
Titus Cycles Acquired by Another Arizona Firm
GAI Cycles of Phoenix, Arizona has acquired 100 percent ownership in Titus Cycles, Inc. (Titus) from Vyatek Sports, Inc. GAI’s management team has a strong and diversified background in operations, finance and business development with significant equity
Long Lines, Solid Sales Reported at Canoecopia…
Vendors reported brisk sales and no credit problems at this weekend’s Canoecopia event in Madison, Wisc. On March 7-9 paddling enthusiasts across the Midwest and Canada made their annual pilgrimage to the show, which kicks off a series of consumer paddlin
Crocs Repeats: We Don’t Sell to Costco…
Crocs, Inc. reiterated that it is not selling, never has sold and does not plan to sell its Crocs branded merchandise to Costco Wholesale Corp. But, such emphatic statements do not mean Costco can’t sell Crocs. The retailer said Wednesday that its access
From Containers to Resins, Jarden is Saving at K2…
Jarden Corp. is on track to cut $29 million in costs in 2008 thanks largely to cost savings it has identified at K2. That cost cutting, moreover, may even bring assembly or manufacturing jobs back to Mexico or the United States…
Collective Extends Licensing Agreement With Royer
Collective Licensing International, LLC renewed licensing agreement with, France-based, Royer for the Airwalk brand. Royer will continue to hold the Master License for the Airwalk brand throughout Continental Europe through 2012…
Fila Announces New Agreement for EMEA Region
Fila said it completed the sale of the subsidiaries comprising Fila's European, Middle East, African and Indian businesses to the European based management team and has entered into a long-term license for the Fila brand in the EMEA region. The manag
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