Cloudveil Hires New England/Mid Atlantic Sales Teams
Cloudveil hired Al Diamond and Erik Mushial of Diamond Sports, Inc., to cover the New England and Mid Atlantic sales territories. Said Rich Weight, Cloudveil’s Director of Sales, “Their business acumen and authentic connection to Cloudveil’s core custome
Mammut Hires Territory Sales Manager
Mammut Sports Group USA announced that Troy Trimmer
will join the company as territory sales manager for the Northwest. Trimmer’s is one of two in-house rep positions for the brand in the US, as the brand furthers its commitment to its dealers and the US
Lululemon Files IPO
Lululemon Corp. has filed a registration statement with the SEC, and a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, relating to a proposed initial public offering of approximately $2
Kenji Haroutunian Named Show Director for Outdoor Retailer
Nielsen Sports Group promoted Kenji Haroutunian to the new show director for the biannual Outdoor Retailer trade shows, where he will manage strategic planning, staff, sales, marketing and budgeting for the biannual event. Haroutunian will work closely wi
Salomon, Atomic and Suunto Go Green in Utah
Amer Winter & Outdoor Americas announced plans to move to Ogden, Utah into the historic American Can factory, and has expressed interest in becoming the site's anchor tenant. Working with developers, the City of Ogden and Amer Sports — which has agre
Jarden Corp. to Acquire K2 Inc. for $1.2 Billion
Jarden Corporation and K2 Inc. have signed a definitive merger agreement pursuant to which Jarden will acquire K2. Under the terms of the agreement, Jarden will pay $10.85 per share of K2 common stock in cash and will issue 0.1086 of a share of Jarden com
Coleman Parent Adjusted Income Climbs on 4% Sales Gain
Jarden Corporation's Q1, 2007 net sales increased 4% to $821 million compared to $792 million for the same period last year. Net income was $1.4 million, or two cents per diluted share for the quarter, compared to $5.7 million, or nine cents per dilu
K2 First Quarter Sales Climb 7% on Marine and Outdoor Strength
K2 Inc. net sales for the first quarter ended March 31, 2007 were $372.7 million versus $348.1 million in the prior year, an increase of 7.1%. Adjusted net income for the first quarter of 2007 was $7.1 million, or 14 cents adjusted diluted earnings per sh
GSI Commerce Shrinks Q1 Loss on 28% Revenue Jump
GSI Commerce Inc. saw first quarter net revenue increase 28% to $146.3 million from $114.2 million during last year's quarter. Merchandise sales increased 69% to $322.5 million in the quarter from $191.0 million last year. Revenues from the sale of s
Skechers Posts 24% Jump in First Quarter Sales
Skechers USA, Inc. recorded a first quarter jump in net sales of 24.3% to $344.9 million from $277.6 million for the first quarter of 2006. Net earnings for the quarter were $23.9 million, up from $16.6 million for the first quarter of 2006. Diluted earni
Everlast Signs Master License for China
Everlast Worldwide Inc. has entered into a Master License agreement for mainland China with Brand Management Holdings PTY Ltd (BMH) of Hong Kong. The license covers The People's Republic of China and will include boxing and fitness equipment, men
Reebok Sponsors the 2007 Avon Walk
Reebok will be the official footwear and apparel sponsor of the 2007 Avon Walk for Breast Cancer Series for the second consecutive year. A symbolic Pink Ribbon footwear collection will be sold at retailers across the country…
Amer Q1 Sales Down 9%; Loss Widens
Amer Sports net sales in the first quarter decreased 9% to €381.8 million ($500.3 mm) from €417.4 million ($501.9 mm) in 2006. Net sales declined by 4% in local currency terms. Net sales by business segment were as follows: Salomon 29%, Wilson 43%, Precor
Sports Gilbert Rousseau Plots Expansion Across Canada
Sports Gilbert Rousseau, which operates five hockey superstores around Montreal, has formed an investment group with a goal of expanding the concept across Canada. The “category killer” hockey specialty retail chain will operate under the banners of “Pro
