Baseball bat manufacturers and school baseball sponsors teamed up Monday to ask a judge to toss out a law banning metal bats in the city's high school games as unconstitutional. The lawsuit was filed by USA Baseball and The National High School Base
Category: Outdoor
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
IMG Acquires Licensing Partners International
One week after completing its acquisition of Collegiate Licensing Company (CLC), IMG announced the acquisition of CLC sister company, Licensing Partners International (LPI). LPI's current clients include: the PGA TOUR, the Canadian Football League, C
SIA: Apparel and Internet Sales Keep Industry Moving Forward…
While the snow finally started falling in February, it was clearly not enough for snow sports retailers to clear out their hardgoods inventories. Even with aggressive discounts and promotions, inventory levels at specialty retailers are up considerably, a
Brooks Sues Nike, Inc. Over Tailwind Product…
Brooks Sports reported last Friday that it had filed a lawsuit against Nike, Inc., Exeter Brands Group, LLC and Payless ShoeSource, Inc., citing significant trademark infringement and unfair competition relative to the Tailwind athletic footwear line. Br
IMG Acquires CLC…
Collegiate Licensing Company (CLC), has been sold to IMG. Financial details of the transaction were not disclosed, but under the agreement, CLC will operate as a freestanding unit within IMG's Sports and Entertainment Group, overseen by IMG Sports an
Lotto Sees Growth in All Regions Fuel 2006 Sales Gain…
Lotto Sport Italia S.p.A. closed 2006 with revenues of €277 million ($348.0 mm), an 8% increase over 2005. The last year was one of change for the company following investments in the product R&D sector, in sales development and in acquisitions…
JJB Sports Sees YTD Comps Decline on Tough Kit Comps
JJB Sports plc, the U.K.’s largest sporting goods chain, reported that total revenue for the first 18 weeks of the fiscal year through June 3 declined 1.2% versus the same period last year and includes a 1.8% decline in comparable store sales at JJB’s ret
Brooks Sues Nike and Payless Over Tailwind Brand
Brooks Sports filed a lawsuit in the United States District Court for the Western District of Washington against Nike, Inc., Exeter Brands Group, LLC and Payless ShoeSource, Inc., citing significant trademark infringement and unfair competition relative t
Yakima Opens New Western Distribution Center
Yakima has opened a distribution center in Riverside, Calif., that will decrease delivery time by 50% for western customers. Retailers can expect a one to two day transit time instead of the previous distribution schedule of four to five days. Yakima wil
Walking Co. to Open Pittsburgh Location
The Walking Company will open a new location in Pittsburgh, Penn. on May 4. The new 1,200 square-foot location will be located at Ross Park Mall…
Quiksilver Appoints New Heads for Quiksilver and Roxy Brands
Quiksilver said Steve Tully, currently president of women's, has been appointed to the new role of president, Quiksilver Brand for the Americas. Also, Carol Christopherson, currently president of retail, will become president of the Roxy and Raisins
Puma Unveils Training Boat and Ocean Racing Team
Puma introduced its training boat and the PUMA Racing Team at an official unveiling ceremony in Boston Harbor Friday. The event was attended by Boston Mayor Thomas M. Menino, PUMA CEO Jochen Zeitz, Volvo Ocean Race CEO Glenn Bourke, Save the Harbor Presid
Big 5 Sporting Goods Profits Climb 28.8%
Big 5 Sporting Goods Corp reported net sales increased 4.7% to $217 million from $207.2 million for the first quarter. Same store sales increased 1%. Net income jumped 28.8% to $7.6 million, or 33 cents a share, from $5.9 million, or 26 cents, a year ago.
Weyco Sees Q1 Earnings Growth on Florsheim, Stacy Adams Strength
Weyco Group, Inc., parent to the Florsheim, Nunn Bush, and Stacy Adams brands, reported that net earnings grew approximately 7% to $5.7 million, or 47 cents per diluted share, for the first quarter ended March 31, up from $5.3 million, 44 cents per dilute
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