Golfsmith net revenues increased 13.4% to $106.5 million for the third quarter compared with $94.0 million last year. The increase includes contributions from 15 new stores, which were partially offset by a 4.4% decrease in direct revenues and a 0.2% decr
Category: Outdoor
Grassroots Hires Donaldson as Marketing Coordinator
The Grassroots Outdoor Alliance hired a new marketing coordinator to add to its team in Asheville, NC. Tyler Donaldson joins Grassroots from Third Screen Media, a mobile advertising company based in Boston. Donaldson comes to the group with a background
Oakley Shareholders Approve Luxottica Merger
Oakley, Inc. shareholders approved the merger agreement with Luxotitica Group S.p.A. at a special meeting. Following the consummation of the merger, Oakley will become an indirect wholly owned subsidiary of Luxottica Group. Based upon the preliminary tall
Callaway Golf Sees Strong Sales of Newer Products Continue to Drive Sales in Q3…
Callaway Golf Company saw the third quarter produce the strongest top-line quarterly growth the company has realized thus far in fiscal 2007, while also swinging to a net profit on the bottom line after a net loss in the year-ago quarter. While an extend
Perry Ellis to Manage Gotcha Brand in Europe
Perry Ellis International, Inc. and Quiksilver Europe, a division of Quiksilver Inc., announced their mutual agreement regarding a change in licensing rights for the GOTCHA brand in Europe. As of November 1st 2007, Perry Ellis will handle the development
SIA Moves Tradeshow to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver starting in January 2010 from Las Vegas . SIA has signed an agreement to hold the event in Denver for ten years. In an exclusive interview, Bob Gundram, chairman of SIA's
Poulos Joins Prince as Global Category Director for Footwear
Prince Sports, Inc. has hired former Nike and Adidas executive George Poulos as the company’s new Global Category Director in charge of footwear. In his new role, Poulos will be responsible for refining and managing Prince’s implementation of the company’
Nike Adds Gloves to NFL Deal…
Nike, Inc. expanded its current footwear and promotional rights agreement with the NFL to include branded gloves on-field and at retail, as well as grassroots programming. Under the deal, athletes will be able to wear Nike gloves displaying the Swoosh lo
Neve Hires New Canadian Sales Agency
Nève Designs has signed on with Bell Sports Ltd. as its new Canadian sales agency. Bell Sports Ltd. is based in Mississauga, Ontario. The agency consists of owner, Glenn Mackay who covers Ontario, Tom Jones for British Columbia, Gail Becker for Alberta, E
Dragon Gives a Boost to Oakley’s Third Quarter…
As Sport Executive Weekly reported two weeks ago, Oakley, Inc. saw 25% sales growth (see SEW_0743) in Q3 with its subsidiary Dragon Optical providing “solid growth.” In an exclusive interview with SEW, Dragon’s Scott Sorensen, director of marketing, rep
Nike Appoints New Soccer Czar
Nike appointed Bert Hoyt as Vice President and General Manager of Global Football (soccer). Hoyt reports to Trevor Edwards, Nike's Vice President of Global Brand and Category Management. Hoyt brings to the role close to 20 years of key sporting goods
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…
Louis Garneau Names U.S. Brand Manager
Louis Garneau USA has appointed Bernard Desrochers as the company's new brand/product manager based in the United States. Bernard Desrochers comes to Louis Garneau USA with over 20 years of industry experience that has stretched from working in Rese
Crocs, Inc. Shares Plunge Despite Strong Quarter…
Crocs, Inc. saw yet another quarter of triple-digit sales and earnings growth, but the company’s stock price fell more than 31% for the week following their earnings release, due primarily to lower-than-expected guidance for 2008…
Sports Chalet Opens Two Stores in Arizona
Sport Chalet, Inc. opened two stores in Arizona, its 50th and 51st stores. With these two openings, Sport Chalet will have seven stores in the greater Phoenix metropolitan area…