February proved to be a surprising month at retail for the Winter Sports market as chain store dollar sales increased in the high-single-digits, with average selling prices improving in double-digits, according to retail point-of-sale data compiled by Spo
Category: Outdoor
Wolverine Expects Chinese Pricing Pressures in 2008
Wolverine World Wide Inc., which makes Merrell, Patagonia and Sebago footwear, expects average footwear prices to rise in the 2% to 5% range this year due to price pressures coming out of China, said President and CEO Blake Krueger during an investor pres
Helly Hansen Posts 179% Profit Growth
In the midst of major re-structuring, including new owners and changes in management, Norwegian-based Helly Hansen delivered a strong financial performance in fiscal 2007. The Helly Hansen group reported profits of NOK 120 million ($23 million), growing 1
Acorn Names VP of Sales
Acorn Products is pleased to announce Debbie Givens-Delisle has been appointed Vice President of Sales. Delisle has well-rounded experience in the footwear industry. She was most recently National Sales Manager for Born footwear, a division of HH Brown..
TMaG Files Suit Against Nickent for Advertising Claims
TaylorMade-adidas Golf Company filed a lawsuit against Nickent Golf in regard to claims made in Nickent's recent print and television advertising, as well as on the company's website, concerning the purported success of Nickent drivers on tour..
Pony Launches Ad Campaign Around Relaunch
Pony International Inc. plans to launch a Back in the Game campaign in national TV, print, digital and retail media to herald the launch of its 2008 collection. The March blitz is designed to coincide with new product releases in footwear channels such as
Native Eyewear Sold to A.T. Cross
A.T. Cross Co. announced that it has closed an all cash transaction to purchase Native Eyewear, Inc., the maker of sport performance sunglasses and goggles. A. T. Cross purchased Native Eyewear for total consideration of $17.8 million in cash and the assu
Steven Madden CEO Resigns
Steven Madden Ltd.'s chairman and chief executive, Jamieson Karson, has resigned. The company said Edward Rosenfeld, executive vice president of strategic planning and finance, has been named interim chief executive…
True Temper Q4 Sales Climb 22.1%
True Temper Sports, Inc. reported sales for the fourth quarter increased 22.1%, to $29.5 million from the $24.2 million recorded during the fourth quarter of 2006. Adjusted EBITDA for the fourth quarter increased over 100%, to $6.7 million from $3.2 milli
PolarMax/XGO Parent Hires National Sales Manager
Longworth Industries, parent company of PolarMAX and XGO brands of technical, base-layer apparel, has named Roger Maxey as national sales manager to lead its national sales force. As president of Performance Marketing, Maxey helped open up retail markets
Sports Direct Ups Guidance
Sports Direct International plc said it earned a profit of £142 million ($287.3mm) on sales of £317m ($641.3mm) for the 13 weeks ending Jan. 27, 2008. Although business has remained in line with expectations since the end of the period, the U.K's lar
Yakima Names Two Regional Sales Directors
Yakima has promoted Liz Szulczewski to regional sales director for the Western territory and hired Ross Gilsrud as regional sales director for the Central region. Both appointments are effective immediately…
Heelys Extracts $1.4M and Licensing Deal in Settlement
Heelys, Inc. has agreed to settle its patent and trademark infringement dispute with Elan-Polo, Inc. for $1.4 million. Heelys has granted Elan-Polo rights to manufacture and sell a certain style of shoe skates with non-removable wheels both in the heel an
Heelys Fulfills Nasdaq Mandate with New Director
Heelys said it was back in compliance with listing rules at the Nasdaq Stock Market after appointing an independent director who will serve on its audit committee. Heelys said Jerry R. Edwards, the former president and CEO of Pearl Izumi, joined to its bo
REI to open Second Pittsburgh Store in 2009
Recreational Equipment, Inc. (REI) plans to open a second store in Pittsburgh in the spring of 2009 at Settlers Ridge Town Center. The co-op already has 12,000 active members near Settlers Ridge. It opened its Southside Works store in 2005.
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