A class action lawsuit has been commenced in the United States District Court for the District of Colorado by Brower Piven on behalf of purchasers of the common stock of CROCS Inc. between July 27, 2007 and October 31, 2007. The complaint alleges that dur
Category: Outdoor
Puma Establishes Romanian Subsidiary
PUMA has set up a 100% owned subsidiary, PUMA SPORTS ROMANIA, based in Bucharest, which will become operative on January 1, 2008 as the company continues to further expand globally in Phase IV of its long-term development plan. PUMA’s sportlifestyle produ
SGMA: Serious Players Continue to Dominate Team Sports
While 31.6 million U.S. children (age 6-17) participate in team sports on a ‘frequent,’ ‘regular,’ or ‘casual’ basis, nearly 19 million U.S. children do not participate in team sports at all. That’s one of many findings in U.S. Trends in Team Sports (2007
Nike Inks Deal to Sell Starter to Iconix
Nike reached a definitive agreement to sell its Starter brand to Iconix Brand Group, Inc. for $60 million in cash. Nike expects the transaction to be completed in December. Starter's growth potential relative to other brands in Nike's portfolio,
Columbia Hires New Europe GM
Columbia Sportswear Company hired Christian Finell as General Manager Europe. His anticipated start date is December 1, 2007, reporting to Mick McCormick, Vice President of Sales. Finell will be responsible for managing all aspects of sales, marketing and
Brooks Ramps Up Sustainable Footwear Product Development with BioMoGo
Brooks Sports is launching a biodegradable midsole, dubbed BioMoGo, which is projected to biodegrade 50 times faster than conventional athletic shoes. BioMoGo is the latest project Brooks has initiated to support its sustainability focus. Other examples i
Nielsen Inks Sales and Marketing Partnership with ISPO China
Nielsen Business Media has signed an exclusive multi-year partnership agreement with Messe Munich International, owners and organizers of the ISPO China trade show, beginning with the ISPO China trade show scheduled to take place February 24-26, 2008 at t
True Temper Q3 Loss Widens
True Temper Sports, Inc. recorded a 12.3% increase in thrid quarter net sales to $24.1 million from $21.5 million for the same period in 2006. Adjusted EBITDA (defined below) for the third quarter decreased to $1.6 million from $4.3 million in the third
The Athlete’s Foot Opens First Next Generation Store
The Athlete’s Foot will open its first next generation TAF performance store in Tuscaloosa, Alabama. The Tuscaloosa franchise location is the first in the world to feature the new store design, logo and merchandising system that was announced by TAF’s par
U.S. Soccer Announcing Marketing/Communications Personnel Changes
U.S. Soccer’s longtime Director of Communications Jim Moorhouse will transition to the role of director of youth national teams. In addition, Mike Gressle has been named the director of marketing & communications and Neil Buethe has been named the senior
Sport-Haley Fails to Have Minimum Market Value for NASDAQ
Sport-Haley, Inc. received a letter from the Nasdaq Stock Market, Inc. dated November 13, 2007, notifying the company that for the last 30 consecutive days its common stock has not maintained a minimum market value of publicly held shares of $5,000,000, a
Shoe Pavilion Names McHugh as EVP and CFO
Shoe Pavilion, Inc. has appointed Michael P. McHugh as EVP and CFO. Mr. McHugh has over 35 years' financial and accounting experience, including 12 years as the SVP and CFO of J. Crew Group, Inc. and five years as the SVP and CFO of Authentic Fitness
Grassroot Members Honored in Outdoor Business
In the November Issue, Outdoor Business named the Top 25 Independent Outdoor Retailers. Grassroots Outdoor Alliance is proud to announce that 16 of 34 Members made the list and congratulated all of their members on their efforts locally, and for those tha
Hockey Experts Opens New Ontario Location
Hockey Experts, a corporate banner of The Forzani Group Ltd. will open its newest store in Scarborough, ON. Hockey Experts is based on The Forzani Group Ltd.'s franchise model in Quebec. Scarborough opens as the third corporate store in the Toronto a
TAPS Launches North East Kayak Show
Answering the demand of the North East market, Trade Association for Paddle Sports will host a new symposium based on the successful West Coast Sea Kayak Symposium (WCSKS). The North East Canoe and Kayak Symposium (NECKS) will be a consumer event offerin
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