CPSC and GSI Recall 4,300 Electric Scooters…
The CPSC, in cooperation with GSI Commerce, announced voluntary recalls of the about 4,300 of the FS-101 and FS-102 Spartan Sports electric scooters. Consumers should stop using recalled products immediately unless otherwise instructed. The scooters were
K2 Appoints Ann Meyers to Board
Ann Meyers has been elected to K2's board of directors effective February 11th, 2005. Since 1983, Meyers has served as a broadcaster for the major sports networks, covering a variety of events, including men's and women's NCAA basketball, s
Cabela’s Q4 Comps Dip 1.2%; Profit Up 10% on Financial Services Growth
Cabela's Incorporated reported that total revenue for the 2004 fourth quarter ended Janaury 1, 2005 was $579.1 million compared to $548.1 million for the fourth quarter of 2003. Net income for the fourth quarter of 2004 increased 9.9% to $38.5 milli
adidas-Salomon Signs New Credit Revolver
adidas-Salomon signed its € 800 million Revolving Credit Facility, which will serve as a replacement for the medium-term lines that the Group terminated in the summer of 2004. This measure will allow adidas-Salomon to continue to improve its financing str
Jake Burton Carpenter and Donna Carpenter Speak Up on Women’s Snowboard Market
The featured speakers at the recent Volvo SportsDesign Forum made no bones about it: Women athletes have deserved their own product lines, events and status in the sports world and culture from the beginning. Burton Snowboards owners Jake Burton Carpenter
Gasperini Places Focus on Women’s Market at Volvo SportDesigns Forum
Women and girls have come a long way. In 1995, a scantily clad woman in a snowboarding magazine sold beer – or worst case – men’s snowboarding apparel. But now, ten years later, ads in vertical magazines show women carving and ripping it up just like th
GSI Commerce Increases Net Revenues 43%; Net Income 285% for Q4
GSI Commerce Inc. increased its net revenues 43% to $135.8 million and reported net income of $10.6 million, or 25 cents per share, compared to net revenues of $95.2 million and net income of $2.7 million, or 7 cents per share for 2003's fourth fisca
Simon King the New President of TrekSta USA
TrekSta USA will expand its marketing and sales efforts in the US and has brought in new senior level management to guide the brand’s full-fledged consumer launch. Simon King has been named to the position of president of TrekSta USA. King said following
Helly Hansen Targets MTB Market; Sponsors Shandro
Helly Hansen welcomed Andrew Shandro as its first professional mountain bike athlete. Through a multi-year contract, Shandro will hang up traditional bike jerseys for Helly Hansen’s LIFA Versa shirts and jerseys and technical outerwear and work closely wi
Brunswick CEO Affirmed 2005 Earnings
Brunswick Corp. Chairman and CEO George W. Buckley summarized the company's strategy and reconfirmed its earnings estimates for 2005 while speaking with analysts and investors at a company-sponsored event in Miami. Buckley stated that Brunswick will
NRF: January Retail Sales Rose Respectable 3.8%
A variety of retail sectors helped boost sales at the start of the new year. According to the National Retail Federation, retail industry sales for January (which exclude automobiles, gas stations, and restaurants) rose a moderate 3.8% over last year and
Collegiate Pacific Offers ’05 and ’06 Guidance
Collegiate Pacific outlined guidance on future net sales and earnings per share as it begins to deploy the $50 million received in a recent note placement. For FY05, Net Sales will range from $104-$107 million and net income will range from $4-$4.5 millio
Warnaco Group Names New Speedo President
The Warnaco Group, Inc. has appointed Sheree Waterson as the new President of Speedo North America, a division of Warnaco Swimwear Inc. Ms. Waterson will oversee all aspects of Speedo's design, development, merchandising, marketing and sales. Most r
Scott USA Hires Burkley as Colo. Rep
Scott USA has hired Jeff Burkley as its head Colorado sales representative. Jeff will be responsible for all Scott product lines; goggles, gloves, apparel, helmets and protective gear. Jeff officially joined Scott on January 1, 2005…
Luxottica Income Up 7% on 14% Sales Gain
Luxottica Group fiscal year 2004 sales were up 14.1% to €3,223.9 million ($4,010.1 mm). Retail sales were €2,315.8 million ($2,880.5 mm), up 15.7% for the year and Retail comparable store sales jumped +4.2%. Net income for the year was up 7.3% to €286.9 m
