Bakers Footwear Group, Inc. saw Holiday sales decrease 5.7% to $43.1 million, compared to $45.7 million for the same period last year. Comparable store sales decreased 5.9% compared to a 16.1% decrease last year…
Category: Sports/Fitness
Kellwood Closes Smart Shirts Sale
Kellwood Company said it completed the sale of its Smart Shirts manufacturing operations and related real estate assets in two separate transactions that grossed approximately $162 million in cash. The company will invest proceeds from the sale to reduce
La Jolla Names New Executives
La Jolla Group promoted Erik Forsell to the position of vice president of brand development and Bill Gage to vice president of sales and marketing for Metal Mulisha.Forsell and Gage, who will report to CEO Toby Bost, will be based out of the La Jolla Grou
E-Z-GO Names VP of Engineering
E-Z-GO has appointed Ronald L. Otten as vice president, engineering. He joins E-Z-GO from Mitsubishi Caterpillar Forklift America Inc., where he served as director of product development and corporate quality and led the company's engineering functio
Kellwood Appoints Chief Marketing Officer
Kellwood has appointed George Sokolowski as vice president of strategy and chief marketing officer. He was most recently managing partner of SkyTop Advisors, a retail marketing advisory group. He succeeds Patrick Burns, who was promoted to group president
Gone But Not Forgotten
The sporting goods industry lost several familiar faces during 2007. Among them, ASICS Corporation chairman Kihachiro Onitsuka died on Saturday, September 29 of heart failure in a hospital in Kobe, Japan. He was 89. Mr. Onitsuka was born on May 29, 1918,
Champion Adventure Racer Joins Newton Running
Newton Running has hired world champion adventure racer Ian Adamson as its new technical advisor. Adamson will assist in product development for Newton, working alongside chief designer and vice president, Danny Abshire….
Faltinek to Retire from NSGA Post
NSGA President and CEO James L. Faltinek will voluntarily retire from the Association May 2, 2008. The Association plans to consider both internal and external candidates to fill the position. Faltinek, who will assist with the transition, has been with N
La Sportiva Expands Mountain Cup
La Sportiva will expand the reach of competitive trail running throughout the country by partnering with the leading trail races in each part of North America. These races will join together to form a competition to determine the fastest mountain runner..
Lance Armstrong Enters Boston Marathon
Lance Armstrong, the seven-time Tour de France champion, has entered the 2008 Boston Marathon, the Boston Athletic Association announced Jan. 17. Armstrong qualified for the Boston Marathon with a 2:46:43 finish at the 2007 ING New York City Marathon…
Macy’s to Close Nine Stores
Macy’s, Inc. plans to close nine underperforming Macy’s stores in the next few weeks. The affected stores are located in Indiana, Louisiana, Ohio, Oklahoma, Texas and Utah…
Sherborne Believes it Won All Votes at Nautilus Shareholders’ Meeting
Sherborne Investors LP said that, based on information provided by its proxy solicitation firm, D.F. King & Co., Inc., it believes all four Sherborne Investors nominees have won election to the Company’s Board of Directors and all other proposals were pas
TJX Settles with Banks Over Stolen Credit Card Information
The TJX Companies, Inc. has entered into a settlement agreement with all but one of the seven banks and bankers associations that sued TJX in a putative class action as a result of the intrusion into TJX’s computer system. Under the agreement, the Massach
RECALL: Hunting Harnesses From Gorilla Inc.
Some 60,000 Chinese-made full-body harnesses used by hunters were recalled because they could allow users to fall from tree stands and risk serious injury, the U.S. Consumer Product Safety Commission said on Tuesdaysaid on Tuesday.The harnesses were made
Vail Q1 Mountain Revenue Down 7.9%
Vail Resorts, Inc. saw its Mountain revenue decrease $3.6 million, or 7.9%, in the first quarter of fiscal 2008 to $42.5 million from $46.2 million for the same quarter last fiscal year. Mountain Reported EBITDA decreased $4.0 million, or 12.2%, to a loss