RECALLS: Dive Computers, Bicycles

The CPSC and Pelagic Pressure Systems are recalling Oceanic-brand ATOM 2.0 dive computers with serial numbers 1 through 2,079 (Revisions 2E, 3A, and 3B) and AERIS-brand EPIC dive computers with serial numbers 1 through 712 (Revision 1A). In addition, The

Gregory Moves Ahead with New Team and New Ideas…

After Armor Holdings acquired Gregory Mountain Products in January of 2005, the company was left trying to figure out how an outdoor pack brand fit into the broader strategy of a massive military contractors’ holding company. The brand ended up floating i

Skram Media Restructures Climbing Magazine…

Shortly after acquiring Climbing Magazine from Primedia, Skram Media has decided to restructure the title and move the primary editorial offices out of their current Carbondale, CO location. The new offices should open in April and will be located in Boul

JJB Sports is Refused Appeal in Price Fixing Scheme

JJB Sports PLC sought leave to appeal to the House of Lords on certain aspects of the Court of Appeal's judgment on the action taken against JJB by the Office of Fair Trading on the price-fixing of certain replica kit products during 2000 and 2001. J

Blacks Leisure to Close 45 Stores in U.K…

Blacks Leisure will close about 45 unprofitable stores over the next two years. The company made the announcement shortly after it revealed sales will be flat for the 2006 year, which ended at the beginning of February. The retailer said these closures re

VF Corp. Majestically Steps Onto the Field…

VF Corp.’s Imagewear coalition made a major splash in the licensed apparel business as it acquired the only pro-league uniform supplier not named Reebok or adidas, picking up Majestic Athletic, Inc. and its related companies. This deal gives VF the licens

K2 Sports to Move Warehouse to Seattle…

K2 Sports plans to transition its shipping operations into a warehouse facility adjacent to the company’s new headquarters in Seattle.
K2 began relocating its finance, legal, sales, customer service and operations personnel in September 2006, and with th

A Young Life Cut Short

SportsOneSource mourns the loss of a family member. Ben Powell, son of Matt Powell, a long-time sporting goods industry analyst and a founding partner of this newsletter, succumbed to injuries suffered in an automobile accident in Murdo, S.D. He was 21

Russell Corp. to Close Alexander City Plant

Russell Corp. plans to close a plant in Alexander City, AL. More than 400 workers at a plant learned last week that they will be losing their jobs when the plant closes later in the year. Some of the 425 employees will be let go as early as March 12 and a

Head Fourth Quarter Sales and Profits Decline…

Head N.V. echoed the reports coming from other snow sports hardgoods manufacturers during their fourth quarter as winter snow did not materialize until late in the season for Europe, and much of the Northeast and Midwest in the U.S. Fourth quarter net re

K2 Sports and Nike Open New Distribution Centers

K2 Sports plans to transition its shipping operations into a warehouse facility adjacent to the company’s new headquarters in Seattle. In other news, Nike, Inc. reached an agreement to acquire a 125-acre land parcel in Memphis, TN, known locally as Northr