American Sporting Goods (ASG) named Rob Purvy general manager. He will oversee business and product development amongst the And 1, NSS, Triple Five Soul and Avia Retro brands…
Category: Outdoor
Recall: 49,000 Trek Girls Bikes
Trek Bicycle Corp. is voluntarily recalling about 49,000 girls bicycles because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries, the U.S. Consumer Product Safety Commission…
Amer Sees Winter Sports Weakness Drag Q4, 2007 Results
Amer Sports reported a 14.5% decrease in fourth quarter sales to €497.1 million ($720.0 mm) from €581.6 million ($750.0 mm) for the year-ago period. For the full year, net sales decreased 7.8% to €1.65 billion ($2.26 bn) from €1.79 billion ($2.25 bn) last
Red Oak Sportswear to Cease Operations
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Dale Earnhardt Jr. to Debut adidas Three Stripes at Daytona
Dale Earnhardt, Jr. will debut the adidas three stripes at the 2008 Daytona Speedweeks. On Feb. 15, Dale Jr.'s exclusive adidas JR. Nation Gear will go on sale at Sports Authority available first in Daytona…
prAna Management Team Buys Back Brand with PE Help
Liz Claiborne Inc. has entered into an agreement to sell substantially all of the assets and liabilities of prAna to prAna Living, LLC, a company formed by prAna's management team and Steelpoint Capital Partners for a purchase price consisting of a $
REI Sees 8.2% 2007 Comps Growth
Recreational Equipment, Inc. (REI) reported sales of $1.34 billion for fiscal year 2007, growing 13.5% from 2006. In addition, REI’s comp store sales showed continued strength in 2007 at 8.2%, marking three consecutive years of 8% or higher. For the year,
Zumiez Comp Sales up 1.7% in January
Action sports retailer Zumiez Inc. said comp store sales increased 1.7% for the four-week period ended Feb. 2, 2008, versus a comparable store sales increase of 12.4% for the four-week period ended Feb. 3, 2007. Total net sales for the period increased 16
LaCrosse Declares Special Dividend
In a sign of financial strength, LaCrosse Footwwear, Inc.'s board of directors approved a special dividend of $1 per share of common stock and said it would begin paying regular dividends on a quarterly rather than an annual basis.
Centerstone Software Processed $1.2Bn in Orders in 2007
CenterStone Technology’s e-commerce solutions, Escape and iVendix, processed more than $1.2 billion in wholesale transactions in 2007. The number of companies actively using iVendix grew 53 percent to 9,725 over 2006. iVendix processed 144,002 orders, an
Electra Bike Names Bradley VP of Product Development
Electra Bicycle Company named Dean Bradley as vice president of product development. An early convert to BMX and mountain biking, Dean has been a magazine editor, an on-air media personality and a highly accomplished product development manager most recen
CadenceTV Launched for Group Workouts
Cadence Cycling and Multisport Centers launched CadenceTV, an interactive video platform that allows cyclists to train and participate in live group workouts from a remote location. CadenceTV will stream live video of Cadence's two-time daily indoor
Sports Direct Partners with China’s ITAT
Sports Direct International PLC, the UK sporting goods conglomerate, announced a strategic relationship with China's ITAT Group to move into the rapidly expanding Chinese retail market before the Beijing Olympics in August. Sports Direct will invest
Mizuno Launches New Global Tagline
Mizuno Corporation, having celebrated its 100-year anniversary in 2006, is launching a new global tagline, “Never Settle,” in 2008 to take the legendary specialty sports company into the next century of leadership in sporting goods technology, innovation,
Saucony Names Veterans to Sales and Marketing Posts
Saucony, Inc. named two veterans to senior positions in sales and marketing. The performance running brand appointed Mary (Creedon) O’Brien to the role of vice president of marketing and promoted Pete Calichman to vice president of national accounts…
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