CSGA Awards Flood with Lifetime Membership Award

The Canadian Sporting Goods Association (CSGA) has named Doug Flood the recipient of the association’s Lifetime Membership Award. Flood was chairman of the board for the CSGA from 2004 to 2006 and currently serves as the VP, sales and marketing for Nature

Chicago Among Four Finalists to Host 2016 Olympics

The International Olympic Committee has shortened the list of possible host cities for the 2016 Olympics to four: Chicago (USA), Tokyo (Japan), Rio de Janeiro (Brazil), and Madrid (Spain). The candidate cities were accepted unanimously from seven applican

American Capital Strategies Downgraded by Zacks

Zacks.com said it lowered its rating on the shares of American Capital Strategies, Ltd., a publicly traded buy out firm that owns Confluence Watersports and dozens of other companies. Zacks said it downgraded ACAS to a “Hold” from a “Buy” after the compan

Sports Chalet Enters Sponsorship Deal With Lakers

Sport Chalet, Inc. has signed a three year exclusive sponsorship agreement with the Los Angeles Lakers. The deal makes Sport Chalet the “Official Sporting Goods Retailer of the Los Angeles Lakers” starting with the 2008–09 season and running through 2011.

TaylorMade and Nickent Golf Reach Settlement

TaylorMade-adidas Golf Company and Nickent Golf reached a settlement concerning claims made by Nickent in print and television advertising and on its website.TaylorMade filed the lawsuit against Nickent in response to claims made in Nickent's recent

Columbia To Open Brand Stores in Seattle

Columbia Sportswear Company said it is redeveloping a block of prime downtown Seattle real estate into two new, side-by-side Columbia and Mountain Hardwear branded retail stores slated to open in late fall 2008…

Sport Chalet to Sponsor the Lakers

Sport Chalet, Inc. announced it has inked an exclusive sponsorship agreement with the Los Angeles Lakers. The three-year agreement makes Sport Chalet the “Official Sporting Goods Retailer of the Los Angeles Lakers” commencing with the 2008-09 season and r

Stream Works Taps Harden as EVP

Steve Harden, director of sales of adidas for 4 years and the previous 7 years in various sales and marketing positions within the brand, was appointed EVP of marketing and sales of Stream Works and Hat Tail, makers of fishing gear and headwear. Harden wi

Gander Mountain Loses $24.4 Million in Q1

Gander Mountain Co. reported sales climbed 18.2% to $207.7 million for the first quarter ended May 3, 2008. Comps decreased 6.7% in the first quarter. The 2008 period includes $19.7 million in direct marketing revenue due to the acquisition of Overton&#03

Sports Chalet Posts $2.8 million Q4 Loss

Sport Chalet, Inc. reported sales decreased 1.1 % in its fourth quarter ended March 30, to $96.8 million from $97.8 million a year ago. The net loss for the fourth quarter was $2.8 million, or 20 cents a share, compared to net income of $881,000, or 6 cen

Lululemon Athletica Re-explains Lower Guidance

Lululemon Athletica Inc. provided further information regarding the items driving the earnings per share guidance revision for fiscal 2008. As announced after the market close on Monday, the company now expects earnings per share to be between 68 to 71 ce

Patagonia’s Crooke Joins Hot Topic

Michael Crooke, former CEO of Patagonia and Pearl Izumi, has become president of Hot Topic, the teen chain. Crooke will oversee all elements of the Hot Topic brand including music, merchandising, planning and allocation, marketing, store design and visual