The National Golf Foundation is reporting that rounds played in the U.S. in the month of August decreased 2.7% compared to the same month last year. As a result, the year-to-date figure is down 0.8% through August, though the premium public segment is sli
Category: Outdoor
Finish Line Fires Back at Genesco with Own Court Action
The Finish Line, Inc. has filed an answer, counterclaim and third-party claim for declaratory judgment in connection with the action pending in the Chancery Court in Nashville, Tennessee, regarding the company's proposed acquisition of Genesco Inc. I
ATTA Reports Doubled Membership in Past Year
The Adventure Travel Trade Association (ATTA) reports that its membership is on the rise, more than doubling in the trailing 12-month period to over 480. Additionally, in its third annual Adventure Travel World Summit being held October 4-7, 2007, in Whis
Columbia Signs License for Pet Products
Columbia Sportswear Company entered a licensing agreement with RC Pet Products to design, manufacture and market a new line of Columbia Sportswear-branded pet products aimed at outdoor consumers…
Sport Supply Group Names Pitts as CFO
Sport Supply Group, Inc. has appointed John Pitts to the position of CFO. Pitts was formerly the sr. vice president of finance, and replaces William Estill who officially retired on September 28, 2007…
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
Forzani Posts Flat BTS Comps
The Forzani Group Ltd. reported improved sales and flat margins for the fiscal 2008 “Back to School” selling season. Retail system sales for the seven-week period ended September 16, 2007 increased 4.9% over the same period last year. Corporate same store
Bonfit Acquires Brush-t Outright
Bonfit America, Inc. has acquired the worldwide manufacturing, marketing and distribution rights to the Brush-t, the bristle brush plastic golf tee. Bonfit, which previously held distribution rights throughout North America, has acquired the product outr
PAHR Fairway Essentials to Launch 18 RED Bag Line
The creators of PAHR Fairway Essentials plan to introduce 18 RED, a new, aggressively designed golf and lifestyle gear bag brand. 18 RED is scheduled to debut in January 2008 at the annual PGA Merchandise Show in Orlando, Florida. 18 RED will operate from
Finish Line Posts Q2 Net Loss on Paiva Closure Charge
The Finish Line, Inc. recorded a net loss of $1.8 million for the second quarter ended September 1, 2007, after net income of $9.9 million in the year-ago quarter. In diluted earnings per share terms, the company experienced a loss of 4 cents per diluted
Bodecker Promoted to VP of Design at Nike
Sandy Bodecker has been named to the newly created position of Vice President of Nike Global Design. In his new role, Bodecker will oversee all aspects of design for the Nike brand, from concept creation to retail presentation. He will report to Nike bran
Interbike Concludes Successful Day 1
After wrapping up Outdoor Demo, more than 18,900 Interbike attendees gathered at the Sands Expo and Convention Center Wednesday to continue with three packed days of exhibits, product launches, seminars, meetings and celebrations. In celebration of their
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