announced that its subsidiary, Aldila Materials Technology Corp. (AMTC) had entered into an agreement for the sale of AMTC's 50% interest in Carbon Fiber Technology LLC (“CFT”) with SGL Carbon Fibers and Composites, Inc. (“SGL”), a subsidiary of SGL
Category: Outdoor
Summit Golf Brands Acquires Zero Restriction Outerwear
Summit Golf Brands has acquired Zero Restriction Outerwear. Specific terms of the deal were not announced. Zero Restriction joins Fairway & Greene and EP Pro, who, since January 2006, have been owned by Summit Golf Brands, a division of Northbridge Equity
Solstice Outdoor Names Lukich as President
Solstice Outdoor, Inc. has named Jim Lukich as president. Lukich, previously employed at Columbia Sportswear Company for 12 years, worked the past 8 years as National Sales Manager for domestic sales in all product categories. A true leader at the giant
GoLite Hires Bruhn to Head Marketing
GoLite hired industry veteran Erika Bruhn to lead GoLite’s marketing team. Erika brings over 10 years of experience in the outdoor industry to GoLite, most recently from KEEN, Inc. where Erika has played a strategic role in new product launches, consumer
adidas and Deisel Ink Deal for Denim
adidas Originals and Diesel will enter a four-year product collaboration by introducing the first adidas Originals Denim by Diesel collection. Two male and female jeans models will be available exclusively at adidas Originals stores worldwide…
Forzani Expands Canadian Sports Retail Footprint…
The Forzani Group Ltd. last week announced that it plans to acquire Athletes World Limited, a Canadian retailer of athletic and recreational footwear and apparel owned by Bata Ltd. Athletes World had filed on October 30, 2007 for protection under the Com
Shoe Pavilion Q3 Loss Widens Despite Sales Increase
Shoe Pavilion, Inc. net sales for the third quarter of fiscal year 2007 increased 18.2% to $37.3 million from $31.6 million in the same period of fiscal year 2006. Comparable store net sales for the third quarter increased 2.3% from the same period last y
Asics First Half Sales Jump on U.S. Footwear Strength…
Asics Corp. reported that 2007 first half revenue increased 14.0% to ¥108.74 billion ($912.3 mm) from ¥95.40 billion ($828.1 mm) for the same period last year. Net income jumped 18.2% to ¥8.29 billion ($69.6 mm) from ¥7.02 billion ($60.9 mm)…
Amer Makes Appointments In Winter Sports Segment
Bernard Millaud has been named the new General Manager of Salomon Winter Sports Equipment, a position previously held by Philippe Dubé. Millaud is also now responsible for the legal entity of Salomon S.A. in Annecy and will continue in his role as General
Converse to Sell One Start Line through Target…
Just a week after Sports Executive Weekly speculated that Nike, Inc. may pull back from the mass retail channel after it sold off the Starter license that was predominantly servicing a Wal-Mart program and hinted at scrapping the Tailwind project that was
Gregory Hires Romanella as Marketing Coordinator
Gregory Mountain Products hired Stephanie Romanella as marketing coordinator. Romanella joins Gregory after working in marketing at Backpacker Magazine for the last two-plus years. At Gregory, Romanella will assist in planning and execution of global mar
Perry Ellis Q3 Swim Revenues Grow 20%…
Perry Ellis International said its swim business grew 20% in Q3, while action sports more than doubled. Nike swim increased penetration from spring '07 to spring '08 by 806 doors, surpassing the 6,200 door mark, growing strongly at department st
Luxottica and Oakley Complete Merger…
Luxottica Group and Oakley completed the merger between the two companies for a total purchase price of approximately $2.1 billion. Oakley will now be a wholly-owned subsidiary of Luxottica and, as a result the combined companies expect for fiscal year 20
Nike, Inc. and Foot Locker Open House of Hoops…
Nike and Foot Locker opened the doors to House of Hoops by Foot Locker on Harlem's 125th Street, near the Apollo Theater last week. The new concept store features the Nike, Jordan and Converse brands, exclusively. The Harlem location is the first of
REI to Open Brentwood, CA Store
Recreational Equipment, Inc. plans to open a store in Brentwood, CA in 2009. REI plans to locate the 26,000 square-foot store at The Streets of Brentwood lifestyle center. REI has more than 7,000 co-op members and other outdoor enthusiasts residing withi
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