The National Association of State Park Directors (NASPD) has established the America's State Parks alliance to mobilize the public and policy makers on the positive impact of state parks. The initiative comes as Arizona, California, New York and many
Category: Sports/Fitness
Puma AG Doubles Q4 Profits on Fewer Close-Outs
Puma AG saw its top-line results continue on a negative trend in the fourth quarter, but an improvement in gross margins and a reduction in one-time charges helped double earnings for the period. Still, the fourth quarter turnaround in bottom-line result
Cabela’s Sees Q4 Profits Plunge on Charges
Cabela’s Inc. reported consolidated revenues grew 4.5% for the fourth quarter of fiscal 2009 — slightly better than analysts had forecast — but charges and liquidation costs pushed profits down more than 66% from the prior-year period…
Perry Ellis Reports Earnings Above Expectations
Perry Ellis International, Inc., which makes swimwear and golf apparel under the Jantzen, Nike, Jag, Callaway and PGA Tour labels, expects to deliver results at or in the top end of its previously announced guidance range of between 80 cents and 95 cents
Billabong Sees Weakness Continue in North America
Billabong International Limited said currency fluctuations pushed sales in its Americas segment down 6.2% to A$317.5 million ($282.9 million) in constant-currency terms for the fiscal first half ended Dec. 31…
SylvanSport Hires Silver Steep to Review Strategic Options
SylvanSport, the North Carolina maker of a versatile sports and camping trailer, said it had engaged Silver Steep Partners to serve as its exclusive financial advisor and review the company’s strategic options…
Reebok Addresses El Salvador Sweatshop Allegations
In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement saying it had conducted its own initial investigation and “believe there are a
K-Swiss’ Q4 Revenues Slide 21.4%; Sees Flat Sales for 2010
K-Swiss reported a loss in the fourth quarter of $12.5 million, or 36 cents a share, from $13.7 million, or 39 cents, a year ago. The latest period included a pre-tax impairment charge of $4.83 million, or 13 cents, related to the goodwill and intangible
LeBron James To Develop Furniture Line
Furniture retailer and manufacturer American Signature Inc. will develop a home furnishings collection with Cleveland Cavaliers star LeBron James. The furniture collection will be launched this summer at Value City and American Signature stores…
Cloudveil Promotes Samuel to GM Position
A day after being sold, Cloudveil said it had promoted Director of Global Sales James Samuel to general manager. Samuel will oversee spring 2010 servicing for Cloudveil as its transitions to new ownership at Windsong Brands LLC, a Connecticut-based PE fir
Golf World Releases 100 Best Golf Shops
Golf World's list of the “100 Best Golf Shops for 2009” included 11 PGA Tour Shops locations, eight Tournament Players Clubs shops and four Edwin Watts Golf shops as well as number of single-store locations across the country. The consumer magazine n
Bruce Raymond Joins C4 Waterman’s Board
BC4 Waterman appointed Bruce Raymond to its Board of Directors, effective immediately…
New Balance Faces Hurdles in Headquarter’s Expansion
New Balance is exploring a plan for a larger development alongside its headquarters in Brighton, MA, that would include an expansion of its offices, a park, housing, and additional commercial space. But Lowe's is looking to build its first store in t
Essilor Acquisition of FGX Clears Anti-trust Hurdle
Essilor International's proposed merger of FGX International Holdings Limited cleared another hurdle when the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired with no comment from either the Federal Trade Commissi
UES (Upper Echelon Shoes) Partners with Steve Madden
New York-based shoe brand UES (Upper Echelon Shoes) and Steve Madden announced an official partnership and are preparing to unveil their first joint effort with UES' Fall 2010 collection. Each party will have an even stake in the venture, with UES d