West Marine Takes $56.9M Goodwill Hit

West Marine, Inc. losses jumped in 2007 due primarily to a non-cash write down of goodwill. The company said it also spent $2.7 million cooperating with SEC investigators and paid out $1.3 million in severance to its former CEO. The boat and boating suppl

Hi-Tec Names New UK Sales Manager

Global sports brand HI-TEC SPORTS has appointed Andy Geary as UK Sales Manager. Leading the HI-TEC UK salesforce, Andy will be also be responsible for strengthening relationships with the UK’s leading sports buying groups STAG, INTERSPORT and ALLIED…

IMBA and Kona to Promote Four Epic Rides

IMBA has partnered with long term corporate member Kona Bicycle Co. to promote four Epic celebrations in 2008. The Kona/IMBA Epic ride events will bring together mountain bikers from IMBA's 650 affiliated clubs and Kona's network of 300 dealers

LaCrosse’s Danner Receives $1.3M Army Contract

LaCrosse Footwear, Inc.'s Danner subsidiary received a new business order for $1.3 million from the U.S. Army. Danner will supply soldiers with 9,350 pairs of the Danner Explorer boot for a delivery order of $1.3 million in the second quarter of 2008

Quiksilver Rossignol Throws Switch on iVendix

CenterStone Technologies, Inc., an international developer of Web-based B2B e-commerce software for manufacturers selling through specialty retail channels, today announced that The Quiksilver Rossignol Group is now “live” on the company’s iVendix softwar

Li Ning Sales Rise 36% on Branded Strength

Li Ning Group Limited, one of the leading sports brand enterprises in China, reported strong double-digit revenue and earnings growth for this fiscal year ended Dec. 31, 2007, led by sales of its eponymous brand…

Reebok Hit with Jewelry Penalty

Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, according to the U.S. Consumer Product Safety Commission…

Connecticut Retailer Blazing New Trail in New Haven

Connecticut retailer Trailblazer is living up to its name by splitting its 9,000-square-foot store in downtown New Haven into three smaller specialty shops that will focus on its two most popular categories, action sports and the traditional outdoor sport

Helly Hansen Posts 179% Profit Growth

In the midst of major re-structuring, including new owners and changes in management, Norwegian-based Helly Hansen delivered a strong financial performance in fiscal 2007. The Helly Hansen group reported profits of NOK 120 million ($23 million), growing 1

NGF: January Rounds Played Slump 4.3%

The National Golf Foundation reports that rounds played for the month of January decreased 4.3% for th month, compared to the same period last year. The group noted that this downturn does not necessarily bode poorly for the year ahead as January typicall