Heelys, Inc. announces its partnership with Disney’s Wide World of Sports as title sponsor of the Endurance Series Kids’ Races through 2008. As part of the arrangement, the Heelys National Skate Team will be performing demonstrations through 2008 with sp
Category: Outdoor
REI Donates $100,000 to Bikes Belong
Recreational Equipment, Inc. has provided a $100,000 grant to the Bikes Belong Foundation to support an innovative series of grant awards to help U.S. cities become more bicycle friendly. The Bikes Belong Foundation, in cooperation with the League of Amer
Brooks Appoints Team Sales Manager
Brooks Sports, Inc. has hired Charlie Wilson as team sales manager. His major responsibilities include driving the team sales efforts, developing successful sales programs with individual team dealers, and working with the external sales force to provide
Accolade Group Adds Several Brands to Distribution List
Accolade Group has been appointed as the exclusive North American Distributor for Besson Ski Wear and Briko Ski and Cycling products. Accolade Group will be responsible for the 2008 autumn/winter shipping season. Accolade Group has also been appointed th
New Balance Increases Commitment to Susan G. Komen
New Balance will increase their long-term commitment to Susan G. Komen for the Cure with an expected $1 million donated from the New Balance Lace Up for the Cure® Collection. The company will also debut a new advertising campaign to highlight that New Bal
Is Finish Line Already Looking Past Genesco?
The Finish Line, Inc., while embroiled in a dispute with Genesco, Inc. over its planned acquisition of the GCO business, may have hinted at some non-financial reasons why the deal may not make as much sense as it first did when announced this past spring.
Yue Yuen’s Q3 Profit Down 3.7%
Yue Yuen Industrial showed a 3.7% decline in net profits in the third quarter ended June 30, to $119.3 million from $123.9 million a year earlier. A booming business in China is being offset by weakness in North America and Europe. Sales in the period ga
Timberland to Close Most U.S. Specialty Doors…
After completing a “global retail portfolio review,” Timberland has decided to close approximately 40 of its larger, specialty retail stores in the U.S., Europe and Asia. TBL management said that this is part of a strategy to “redirect investment to highe
JJB Sports Sees Tough First Half on Tough Comps…
In the first half ended July 29, JJB Sports revenue dropped 4.3% to £365.3m ($738.2 mm) with comps down 4.4%. The decline largely reflected tough year-ago comparisons, which was boosted by the 2006 World Cup. While total retail revenue was down 6.2% in th
Mall Promotions Take Toll on Q2 Retail Results…
The weak mall environment that dominated sporting goods retail in the first quarter persisted through the second as retailers in turn looked to generate sales and lower inventories through promotions and clearances. In addition, the shifting calendar that
Callaway and Nike Go to Court…
Callaway Golf Co. filed suit in Portland early last week accusing Nike and former Callaway executive Robert Arluna of “misappropriating trade secrets,” in violation of Oregon law. The judge presiding over the case temporarily prevented Arluna from startin
Outdoor Brands Outline Growth Strategies at the Latest Investor Conferences…
At the recent Thomas Weisel Consumer Conference and the Piper Jaffray Consumer Conference in London, several outdoor brands offered their views of the global market today and the strategies they will use to grow going forward. In London, Deckers, Under Ar
Organic Cotton Production on the Rise…
The latest figures from the Organic Exchange show that the amount of organic cotton produced globally increased 53% from 2005/06 to 2006/07. Current production rates are at 57,931 metric tons, or 265,517 bales, of cotton. The Organic Exchange says that vo
Vail Expects Strong 2008 on Early Pre Bookings…
Vail resorts finished off their fiscal 2007 with significant improvements to their full-year top and bottom lines in spite of a double-digit decline in Q4 revenues and an increase in the company’s seasonal fourth quarter net loss. Total revenue for the qu
Fuji Parent to Acquire Kestrel…
Advanced Sports, Inc., the owner the SE and Fuji Bikes brands, has reached an agreement to purchase Kestrel Bicycles. Under the agreement, ASI has acquired the rights to the Kestrel brand, trademarks and intellectual property, along with its marketing ass
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