Fleet Feet, Inc. and Balega International said a partnership between the two raised enough money in 2007 to purchase a much needed handicapped-accessible bus for a South African school for physically disabled and visually impaired children…
Category: Outdoor
adidas, Reusch, Brine and Eurosport Win Soccer Awards
adidas, Reusch, Brine and Eurosport were winners of the best soccer products from AVID Soccer Equipment Review. Reviewers also said Puma, Kelme, Lotto, Umbro, and Nike all improved on existing models…
Conglomerate Buys Maker of Fox Shocks
A publicly traded conglomerate has acquired Fox Factory Inc. – the maker of the well-known Fox brand of mountain biking shocks and other suspension systems for the action sports market. Compass Group Diversified Holdings LLC said the deal valued Fox Facto
Sports Retail Market Sees a Changing Landscape…
Most of the key stories featured in the annual Sports Executive Weekly year in review issues over the last five years have been centered around mergers & acquisitions as the market consolidated and private equity firms, flush with cash, found companies in
Pacific Sunwear to Close Remaining demo Stores
Pacific Sunwear of California, Inc. plans to close its remaining 154 demo stores. The company expects to incur aggregate pre-tax charges in the range of approximately $35 million to $50 million for anticipated lease terminations, employee severance charge
Woolrich Closing Bottled Water Operation
Just two years after launching the effort, Woolrich plans to cease production of its bottled spring water business to better focus on its core businesses. Woolrich President Jim Griggs told The Express in Lock Haven, PA, “We don’t feel it is in our best i
ispo Appoints New Head of Marketing and Communications
Susanne Fischer has been appointed at the new Head of the Marketing and Communications Department for the ispo Group and inhorgenta europe. In her new position, Susanne Fischer will be looking after all events of the “ispo” sports equipment and fashion fa
The Finish Line Q3 Loss Grows on Sales Decline; Genesco Fees
The Finish Line, Inc. recorded a net loss from continuing operations of $13.8 million, or 29 cents per diluted share for the third quarter ended December 1, 2007. The quarterly loss widened from a net loss from continuing operations of $1.8 million, or 4
ForeFront Receives Equity Infusion
ForeFront Holdings has entered into agreements to receive an equity infusion in an amount equal to $12 million from Stanford International Bank, an affiliate of Stanford Venture Capital Holdings that currently holds approximately 80 percent of Forefront&#
Base Camp Names Social Media Director
Base Camp Communications hired Kendall Card as director of social media. The P.R. agency said Card would head up its social media, social networking, word-of-mouth and online community initiatives. Card will oversee blogging, vlogging and podcasting, as w
Stanwood and Partners Sold
Carmichael Lynch Spong, based in Minneapolis, announced its purchase of Stanwood & Partners, a Wyoming-based public relations firm that represents several outdoor companies. Carson Stanwood, president of Stanwood & Partners, will be principal and chair of
Lance Armstrong Enters Boston Marathon
Lance Armstrong, the seven-time Tour de France champion, has entered the 2008 Boston Marathon, the Boston Athletic Association announced Jan. 17. Armstrong qualified for the Boston Marathon with a 2:46:43 finish at the 2007 ING New York City Marathon…
Walking Co. Closes Natural Comfort Acquisition
The Walking Company closed its acquisition of substantially all the assets of Natural Comfort Footwear, Inc. effective Jan. 15. Natural Comfort, an independent comfort shoe retailer in Florida, has eight stores operating under the names Natural Comfort an
Cold Weather Accessories Keep Runners Outside
Across the northern tier of the United States, runners persevere through the winter months, slogging through snow and slush, learning to keep their balance on icy surfaces and endlessly experimenting with ways to see and be seen…
A Sporting Goods Industry Call to Action…
Ah, the 80’s… A time when the sporting goods industry was at its peak — both in growth and as a draw for some of the best and brightest coming out of college. Fast forward 20 years and this industry just isn’t what many graduates have in mind when it co