Summit Golf Brands, has named apparel-industry veteran David W. Santana as its new VP, Global Manufacturing & Sourcing. In his new role, Santana will be responsible for product development and worldwide sourcing of high-end golf wear. He also will be resp
Category: Outdoor
Golfsmith Q4 comps down 4.6%; Net Loss Widened by Charges
Golfsmith International Holdings, Inc. saw fourth quarter net revenues increase 5.3% to $79.0 million from $75.0 million for the fourth quarter of fiscal 2006. The increase includes net revenues from 13 non-comparable retail stores opened after December 3
Gildan Sees Sock Programs Bolster Strong Q1
Gildan Activewear Inc. reported first quarter net sales increased 34.8% to $250.5 million from $185.8 million for the same period last year. The increase in sales revenues was due to an increase of 92.7% or $39.4 million in sock sales due to the acquisiti
Umbro’s CEO Steve Makin Exits
Nike, Inc. and Umbro announced that Steve Makin, CEO and board member of Umbro Plc, has decided to leave the company. Effective immediately, Makin will be succeeded as president and CEO by Matthew Cook, who most recently was general manager of Nike Italy.
Umbro CEO Steps Down as Nike Takes Over
The CEO of Umbro, Steve Makin, will be replaced by an in-house man from Nike in the form of Matthew Cook. Cook will take on the position of president and CEO following his most recent stint as general manager of Nike Italy. Makin joined Umbro in July 2006
Phoenix Receives $14.3M Payment
Phoenix Footwear Group, Inc. said Tactical Holdings Inc. had paid $14.3 million, or the bulk of the price it agreed to pay for Phoenix's Altama Delta division. Phoenix agreed to sell the military footwear divison to Tractical in December 2007 as part
Fluid Kayaks Hires U.S. Fulfillment House
South Africa's Fluid Kayaks has hired Peregrine Distribution Services, a division of Williston, Vt. to provide warehousing and order fulfillment services in the United States…
Summit Golf Names VP, Global Manufacturing and Sourcing
Summit Golf Brands has named apparel-industry veteran David W. Santana as its new VP, global manufacturing & sourcing. In his new role, Santana will be responsible for product development and worldwide sourcing of high-end golf wear. He also will be respo
Rocky Brands Hurt by Drop in Hunting Boot Sales…
Rocky Brands Inc.'s Q4 sales increased 2.8% to $72.5 million from $70.6 million as gains at retail offset declines in its outdoor and western footwear divisions. Hunting footwear sales slid 38.2% to $6.8 million from $11.0 million primarily due to a
Head N.V. Sees Winter Sports Again Drag Down Overall Fourth Quarter Results…
Head N.V. ended a tough fiscal year with a tough fourth quarter as sales for both time periods decreased in the low-teens. The company said it was hampered by a sharp downturn in Winter Sports sales caused by the terrible 06/07 winter season that left ret
OBIT: Dennis Charles “O’D” O’Donnell
Dennis Charles O’Donnell passed away due to respiratory failure from ALS, more commonly known as Lou Gehrig’s disease, on February 16, 2008, leaving behind family, friends and business associates, all who knew him as “O’D”…
China’s PPI Up 6.1% in January
The Chinese government reported that the Producers’ Price Index (PPI) for manufactured goods rose by 6.1% in January over the same month last year. Purchasing prices for raw material, fuels and power rose by 8.9%, according to the National Bureau of Stati
Stonefly Partners with Etonic on Walking Line
Stonefly S.p.A. has entered into an agreement with Etonic Worldwide LLC for the sales and distribution of its line of comfort footwear in the U.S. market. In addition, the two companies are planning to develop a line of casual walking products under the
Quick-release Axle Under Attack in N.J.
The board of directors for the National Bicycle Dealers Association Board has voted to spend another $7,500 to defend the widely used quick-release axle. A bill in the N.J. legislature would ban the components in the wake of injuries incurred by children
Head Sees Weak Snow Sales Lead to 2007 Net Loss
Head N.V. saw global net revenues decrease 11.4% to €109.2 million ($158.2 mm) for the fourth quarter leading to a decrease of 78.8% for net income to €0.7 million ($1.0 mm). The company saw a 19.3% decline in Winter Sports sales offset mid-singles gains
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