Forzani Group's third quarter results came in slightly below expectations, but the Canadian sporting goods giant noted that its stores continue to perform well against a standout year-ago performance and have shown good momentum so far in the fourth
Category: Sports/Fitness
Golf Companies Plan Staff Cuts
The golf market saw two companies plan staff cuts last week as industry giants Acushnet and TaylorMade-adidas Golf both reported intentions to lower headcounts…
FIFA Names Official Merchandiser for 2010 World Cup
Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group (GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S…
American Rec Further Consolidates Outdoor Brands Under New Umbrella
American Recreation Products will replace dozens of outside reps with an in-house sales force over the next 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the
Soles4Souls Files Suit Against Distributor for Selling Donated Shoes on eBay
Soles4Souls has filed a lawsuit against Gleaning for the World, Inc. and other parties after Soles4Souls discovered that donated pairs of Minnetonka Moccasins that were supposed to be distributed to needy people in Africa were being sold for profit on eBa
Total Apparel Group Becomes FIFA U.S. Licensee
Total Apparel Group, Inc. entered into a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S. Territories for 2010 FIFA World Cup(TM) and other FIFA Branded Products in the broad apparel, footwear, accessories an
Dodger Sportswear Appoints New President
Dodger Sportswear has appointed Mark Adams as president of the company-officially beginning Jan. 4, 2009…
Brunswick Takes Up to $135M Accounting Charge
Brunswick Corp. said an accounting error will result a charge against earnings of up to $135 million this year. The Lake Forest, IL-based company said that financial filings for the first nine months of 2008 should “no longer be relied on” because the com
Nautilus to Expand Facilities in Virginia
Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir
Winchester Introduces Lead-Free Ammo Line
Winchester has a introduced a lead-free ammunition line, which includes the E-Tip, a lead-free bullet that is one of the newest products developed for big-game hunters and complies with current state non-toxic regulations…
Nat’l Wild Turkey Federation Revamps Communication Team
National Wild Turkey Federation CEO George Thornton announced Thursday that the Federation's communications team would be headed by two director positions…
FansEdge.com Sets On-line Record
Dreams, Inc., led by FansEdge.com, said it surpassed its all-time record amount of orders and order value received on-line in a single day. The previous single day's record was 13,233 orders received with a value of $890,000 set on Dec. 12, 2007. Th
Forzani’s Q3 Net Income Tumbles 33%
Forzani Group Ltd's third quarter profit fell 33% to C$8.4 million ($6.77 million), or C28 cents a share, in the three months ended Nov. 2, from C$12.6 million ($10 million), or C36 cents a share, for the same time last year. Revenue rose 8.8% to C$3
Schutt Responds to Patent Infringement Allegations
"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin
Season Pass Sales Soar, Bookings Dive at Vail Resorts
Vail Resorts, Inc said last week that its season pass sales were up 29% from the same time last year, but that advance bookings at its mountain resorts were off 23%. The company said that if bookings don’t improve it will have to lower its guidance for th
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