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.
Category: Outdoor
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…
Mizuno Sees Net Income Drop on Q3 Sales Gain
Mizuno Corp. saw first half net sales increase 9.5% to ¥130.11 billion ($1.15 bn) from ¥118.81 billion ($1.01 bn) in the year-ago half. Gross margins declined 90 basis points to 41.6% of sales from 42.5% last year. Net income dropped 22.0% to ¥2.87 billio
Ralph Parks Takes CEO Reins at Heelys…
Heelys, Inc. reported late Friday that its board had accepted the resignation of Michael G. Staffaroni, CEO of Heelys, Inc. since 2001. Ralph Parks, former president and CEO of FootAction USA, will serve as interim CEO. Parks was named to the Heelys boar
Canada’s Dorel Acquires Cannondale and Sugoi
Canada's Dorel Industries Ltd. acquired the Cannondale Bicycle Corporation and Sugoi Performance Apparel in an all cash deal valued at $190 million to $200 million. Cannondale and Sugoi are being purchased from an affiliate of Pegasus Capital Advisor
SIA ‘08 Again Sees Bi-Polar Mood Swings…
As always, the SIA show floor seemed the meeting of the frathouse and the country club as the rather quiet ski end abutted the boisterous snowboard section. The tag line for the show was One Family. One House., but there was definitely more energy — and n
Aetrex Names Women’s Product Director
Aetrex Worldwide has named Susan Ryder as the company’s new women’s product director. Ryder, who has worked as a product designer for the footwear industry for more than 20 years, will be responsible for incorporating a fresh design sense into all of Aetr
While Outdoor Retailer Continues to Focus on the Back Side of the Mountain…
Backcounty ski was by far the biggest category at the Backcountry Base Camp at Snowbasin as ski, boot, binding and safety equipment vendors displayed their ever growing product lines. Vendors seemed to be catering to a sport that is growing both up and d
New Balance Sponsors LifeSport
New Balance signed on as official performance footwear and apparel supplier to LifeSport, the premier triathlon coaching service and event management organizations. Based in Victoria, British Columbia, Lifesport is recognized as the Official Coaches of I
SIA: Internet, Snow Push Sales…
A relative abundance of snow pushed snow sports sales up 13% from August to December compared to the same period last year, Snowsports Industries America reported. Close to half of all dollars in reported sales so far this season were spent in December,
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