SGB Executive Outdoor
Russell Athletic: And Then There Were Three… Again…
Russell Corporation continues to experiment with organizational structure, this time splitting the Russell Athletic business into three business units again after three years as a merged business. This time the business will be split into Team, Men’s Ret
Nike Golf Taps Industry Vet to Run U.S…
Nike has tapped Cindy Davis, senior vice president of The Golf Channel, as general manager for Nike Golf in the U.S. Davis, who was previously president and CEO of Arnold Palmer Golf Company, replaces David Pillsbury, who left Nike in August to become CO
K2 Inc. Acquires Miken; Rolls Brand into Rawlings…
K2 Inc. has acquired yet another company to “tuck-in” to its team sports division. Miken Sports, the Caledonia, Wisconsin-based manufacturer of carbon fiber softball and baseball bats was acquired two weeks ago for an undisclosed sum. The deal had report
Huffy Corp. to Sell Assets to Forzani; Moves to Focus on Bikes and Golf…
Huffy Corporation has filed a motion in U.S. Bankruptcy Court seeking permission to sell a number of its Hockey and Action Sports brands and assets to Forzani Group Ltd. in a deal worth $1.6 million. The Hespeler hockey brand and the Rage, Dukes, Skate A
Fitness Quest Recalling Ab Lounges…
Fitness Quest Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of approximately 460,000 Ab Lounge, Ab Lounge 2, and Ab Lounge Ultimate Exercisers. Consumers have been advised to stop using the recall
Perry Ellis Would Look at Selling Jantzen Swim Business; Cuts Workforce 25%…
Perry Ellis International said it is open to any potential suitors for its Jantzen Swimwear business, which has the license for Nike Swimwear and Tommy Hilfiger Swimwear. That revelation came at the tail-end of the company’s conference call to discuss Q3
Sports Authority Sees Renewed Energy in October; Outdoor Cited as Issue…
The Sports Authority was able to report fiscal third results compared against combined results as a merged entity in the year-ago period, finally giving the market a real apples-to-apples view of the business for the first time since the deal to merge Gar
Vendor Q3 Results Again Get Acquisition Lift…
Industry vendors in both the Softgoods and Hardgoods categories looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line.
The Athlete’s Foot Expands into India
The Athlete's Foot has formalized an agreement with Planet Sports Pvt Ltd. to become The Athlete's Foot's master franchisee for India. The company projects 80 store openings over the length of the 15-year agreement. Planet Sports Pvt Ltd.
Thorlo Inks Deals with Ski Resorts
THORLO has joined forces with selected premier US ski and snowboard resorts to sponsor on-mountain activities, events, and competitions this winter. Thorlos is the Official Sock of Aspen/Snowmass, Durango Mountain Resort, Telluride Ski and Golf, and Taos
Hi-Tec Announces Several Key Promotions
Hi-Tec Sports USA, has announced the addition of Kevin R. Adametz to the Hi-Tec/Magnum management team in the position of Eastern Sales Director. Kevin joins the outdoor and tactical footwear company with a wealth of experience in sales, key account mana
Snyder Promoted to Product Manager at Thule
Two years ago, Darren Snyder handed in his apron and spoke wrenches for a chance to climb behind the wheel of a Thule Envoy van and crisscross the Western states to visit Thule retailers, consumer events, and support Thule reps. After shaking hands with
Dynacraft Hit with $1.4 Million Fine for Recall Delay…
Dynacraft Industries Inc. will have to pay the piper for delaying to report problems with its mountain bikes, agreeing last week to pay $1.4 million to settle allegations that they incompletely and belatedly informed the Consumer Product Safety Commission
GI Joe’s Sell Equity Stake to Finance Growth…
G.I. Joe’s Sports & Auto Stores has received $11.5 million in equity financing through a deal inked last week with Nogales Investors, a Los Angeles-based private equity firm. The bulk of the financing will be used to finance expansion in the Northwest, w
David and Goliath… or was that BikeE and Giant…
BikeE and Giant are tangled in a legal dispute over manufacturing contracts, recalls and trade secrets. BikeE was the manufacturer of a semi-recumbent bike and saw some success in the market. According to court documents, BikeE’s sales grew from $523,000
