Dynacraft and Wal-Mart Acquitted of Charges Civil Suit
A 12-member civil jury has rejected claims that San Rafael, Calif.-based Dynacraft BSC Inc. and Bentonville, Ark.-based Wal-Mart Stores Inc. knowingly sold bicycles with defective front-wheel quick-release mechanisms. The jury's verdict followed a ci
Eidolon Golf V-Sole Wedge Sales Increase 250%
Eidolon Golf announces that 2005 sales of its V-SOLE wedges increased by more than 250% over 2004. Terry Koehler, a former Ben Hogan executive and founder of Reid Lockhart Golf, formed Eidolon Golf in late 2001 with a goal of creating a premium golf equip
Lolë Continues U.S. Growth; Binda Promoted to Brand Manager
Following Lolë’s jump-start in the US market and gaining market share in Canada, Coalision has promoted Nathalie Binda, to Lolë Brand Manager. Nathalie Binda will oversee the marketing strategy and product development. She will also work very closely with
Moncata Named Quik VP of Sales and Marketing Pacific Rim
Quiksilver officially appointed Glen Moncata to Vice President of Quiksilver Sales and Marketing for Hawaii and the Pacific Rim. Glen has been with Quiksilver for 24 years and a big part of the Quiksilver family. The company expressed excitement about b
REI to Open Third Minneapolis-Saint Paul Area Store
Recreational Equipment, Inc. plans to open a store at the Fountains at Arbor Lakes. in Maple Grove, Minn., in the fall of 2006. The 25,000 square-foot store will employ about 55 full- and part-time staff. REI has 35,000 members within 15 miles of the stor
Hi-Tec Triples U.S. Golf Business
HI-TEC announced a 44.8 % increase in turnover of its golf product for 2005. In the category, HI-TEC International has increased 10 fold; USA has increased 3 fold; South Africa has increased 2 fold with brand new business developed in countries including
Canoecopia Returns
Canoecopia will return again to the Alliant Energy Center Exhibition Hall on March 10th through 12th, 2006 in Madison, Wisconsin. This annual show is presented by Rutabaga, a paddlesports retailer located in Monona. The educational component of Canoecopi
Escalade Posts Net Profit on Sales Slump
Escalade, Inc.'s fourth quarter net income grew to $3.1 million, a 226% increase as compared to the year ago quarter. Fourth quarter net sales of $44.7 million were described as “disappointing and below expectations.” Full year net sales of $185.6 mi
Sport Supply Group Narrows Loss and Changes Reporting Dates
Sport Supply Group, Inc. changed its tax and fiscal year-end to June 30, appointed independent auditors for the 2006 fiscal year, and appointed 2 new independent directors. In addition, the Company announced significantly improved results of operations fo
Orange 21 Expects Net Loss for Fiscal 2005
Orange 21 Inc. pre-announced un-audited summary financial information for the year ended December 31, 2005, and gave a preliminary outlook for 2006. Orange 21 anticipates un-audited revenues for 2005 of approximately $39 million, an increase of approximat
Customer Satisfaction Index Continues to Climb
In a good sign for consumer spending, customer satisfaction continued a slow and steady climb in the fourth quarter, according to the American Customer Satisfaction Index (ACSI). During the fourth quarter, the ACSI measures customer satisfaction with the
Thule Full -Year Sales Increase 13.5%; North America Sees Strong Q4
Thule reported sales increased during 2005 by 13.5% to SEK 3.160 billion ($424.7 mm) compared to SEK 2.785 billion ($379.9 mm) last year. Adjusted for currency and acquisition effects, the increase was 6.7%. Thule's Operating profit (EBITA) before on
Nike Names Seuss as Cole Haan CEO
Nike Inc. hired veteran luxury goods retail executive James Seuss as CEO of the company's Cole Haan brand, effective May 15, 2006. Seuss, 42, joins the company from Harry Winston, where he was president of the luxury diamond jeweler. Prior to Harry W
Accell Group Expands into North America with Seattle Bike Supply Acquisition
Accell Group N.V. is in talks on the acquisition
of all outstanding shares in Seattle Bike Supply Inc. SBS is based in Seattle, and has an annual turnover of around $36 million. SBS is active in the middle and higher segments of the market for sports bicy
Nike Begins Comprehensive Marketing Campaign for New Air Jordan
Jordan, a division of Nike, Inc., is launching a marketing plan in suppport of the Air Jordan XXI. Scheduled for launch during NBA All-Star 2006, the Air Jordan XXI will be accompanied by a comprehensive marketing campaign that features the first-ever auc
