Despite promising returns from growing international markets, Fortune Brands’ Acushnet Golf continued to see sales slide for the third fiscal quarter ended Sept 30. Net sales fell 3.4% to $307.9 million from $318.6 million in the year ago period…
Category: Sports/Fitness
Columbia Pushing Ahead with Owned-Retail Openings as Retailers Cut Back Orders
Columbia Sportswear Company said net sales declined 4% in the third quarter as retailers cut their orders for the holiday season. The company said wholesale sales declined in the high-single-digits but were partially offset by a doubling of retail sales t
Adidas Implements Hiring Freeze to Battle Economy
Adidas Group Chairman Herbert Hainer e-mailed all employees Friday to say that, due to the troubled economy, the company is imposing a hiring freeze, cutting external meetings, seminars and consultants, and aiming to pare travel expenses next year by 15%,
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Interbike’s OutDoor Demo East Has Successful First Year
Preliminary figures indicated that close to 700 retailers attended Interbike's first regional demo event, OutDoor Demo East, held October 21-22, 2008, at the Roger Williams Park in Providence, RI. More than 60 exhibiting company's booths, produc
European Outdoor Group Renews ispo Contract
The European Outdoor Group (EOG) recently renewed its contract with Messe München for the ispo winter fair. The EOG said it believes that it is vital for the outdoor industry to work closely with key trade fair partners and this contract “signals a new an
SGMA: Baseball Draws Largest Group of Dedicated Players
According to a new SGMA study, nearly 55% of baseball players in the U.S. participate in the sport on a ‘frequent’ basis, or 25 days or more a year. Only lacrosse and ice hockey have similar percentages of such a dedicated group of players, but baseball’s
Skins Supplies Colorado Youth Corps Association
Skins and the Colorado Youth Corps Association (CYCA), a statewide coalition of youth conservation corps, have formed an Official Supplier agreement. Skins will donate compression apparel for youth corps members statewide to wear outside while creating bi
Credit Insurance Market Tightens as Retail Outlook Worsens
U.S. credit insurance brokers say they are getting more inquiries from companies looking to insure their accounts receivable with retailers. Vendors can purchase credit, or accounts receivable insurance, to eliminate the risk of not getting paid by retail
Wolverine Bolsters Patagonia Footwear Team
Wolverine World Wide’s Outdoor Group promoted Craig Throne from GM of its Patagonia Footwear brand to VP of global marketing and replaced him with Bill Dodge, who oversaw Timberland's former GoLite Footwear venture. Dodge will oversee all business op
Shoe Pavilion To Liquidate
Shoe Pavilion, which filed for bankruptcy in July, plans to close all its stores after 29 years in business. The retailer said on Monday that it has commenced a going-out-of-business sale in all 64 of its locations…
Bon-Ton Predicts Low FY08 Results
The Bon-Ton Stores, Inc. said that based on fall season sales trends and continued expectations for a soft holiday season, it believes its full-year fiscal 2008 financial results will be at the low end of the previously stated guidance range. Guidance pro
Court Dismisses Tobacco Claims Against Amer Sports
The District Court of Helsinki has dismissed all claims for damages based on Amer Sports Corporation's already discontinued tobacco business. The District Court of Helsinki ordered the plaintiff's to compensate all the legal costs Amer Sports Co
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
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