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
Category: Outdoor
VonZipper Names Surf Marketing Manager
VonZipper appointed Mike Parsons as the new surf marketing manager at VZ…
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
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
Lululemon Doubles Profits; Slightly Lowers Guidance
Lululemon Athletica said its first-quarter profit more than doubled, but slightly lowered its forecast for the the year due to incremental hires and other strategic initiatives. Earnings for the 13-week period, ended May 4, rose to $8.48 million, or 12 ce
Lafuma group Taking Over Eider
The Lafuma group has taken initial steps to take over the high-end French mountain apparel company Eider. The transaction should be finalized mid-June. Eider posted sales of €21.4 million ($29.3mm) in 2007, including 45% from international sales…
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
Reebok Forms Argentina Joint Venture
The adidas Group and Brazilian shoe company Vulcabras S.A. have agreed to form a joint venture company to distribute Reebok footwear, apparel and accessories in Argentina. Adidas said the transaction does not affect sales and profitability expectations fo
FINIS Names VP of Sales
FINIS, the maker of swimwear products based in Livermore, CA, named Byron Dana Lindstrom as its VP of sales. Previously, he was EVP of sales with ACCUSPLIT…
DSW Sees First Quarter Net Income Decline as Weak Consumer Cuts into Comps…
Weighed down by sluggish sales and higher expenses, due in part to the launch its first e-commerce site, DSW's first quarter profit plunged more than 50%. Near the end of March, the family footwear retailer had warned that earnings in the first half
Earthquake Donations Trickle in from U.S. Sporting Goods Industry…
The sporting goods industry, which relies on mainland China for so much of its production, has begun contributing gear and dollars to help victims of the May 12 earthquake that leveled much of Sichuan Province, China…
Sunglass Hut Enters Thailand…
Sunglass Hut has signed a franchising agreement with the privately-held Diethelm Keller Limited to expand into Thailand for the first time. The collaboration will initially add 15 stores to Sunglass Hut's global network. Sunglass Hut's presence
Zeal Optics Opens Boulder DC
Zeal Optics has opened a new distribution, customer service and showroom at its new facility on Pearl Street in Boulder CO…
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