Slazenger Golf Appoints New President/CEO
Slazenger Golf Products Company has appointed golf industry veteran Chris Daltorio as the new President and CEO, setting forth a new platform that will allow golfers across the nation to have greater access to Slazenger apparel, gloves and balls. Daltori
NRF: Back-to-School Helps Fuel Retail Comeback
A strong back-to-school season and solid sales gains continue to fuel optimism in August as retailers begin looking ahead to the fourth quarter. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation
VF Completes Nautica Deal; Forms Sportswear Coalition
VF Corporation has completed the previously announced merger between Nautica Enterprises, Inc. and a subsidiary of VF for a total consideration of approximately $600 million. The merger was approved by Nautica's stockholders on Wednesday. VFC announ
adidas Issues Bonds in Advance of Top-Flite Auction
A report early Wednesday has adidas-Salomon gearing up for the fight for the Top-Flite. Reuters is reporting that adidas-Salomon made its debut in the bond market on Wednesday, issuing 400 million euros ($434 million) worth of debt convertible to around
Rodale Releases H1 Profits
Rodale continues its strong performance trend for the first half of '03, it was announced today by Steve Murphy, President and CEO of Rodale Inc. The first half of '03 was up an additional 14 percent in terms of overall revenues compared to the
Billabong Reports Fiscal Year ’03 Results
Billabong International reported net profit for fiscal 2003 jumped 24.9% to A$76.2 million ($49.6 million) for the 2002-03 financial year. Revenue was up 24% to A$623 ($405.3) million, with approximately 75% of sales coming from outside Australia. U.S s
Royal Robbins Teams up with American Hiking Society
As part of its long-standing commitment to protect the environment, Royal Robbins will join with the American Hiking Society (AHS) to launch a national hangtag promotion for Spring 2004, beginning this January. One million garments will feature distinctiv
Vaccaro Resigns from adidas
Published reports late last week indicate that Sonny Vaccaro, adidas’ director of basketball, has resigned from the company. The move furthers impacts the floundering adidas basketball program that has lost quite a bit of share to resurgent Reebok and ot
Forzani Q2 Net Income Up 10.2% on Flat Comps
The Forzani Group Ltd. reported that retail system sales for the second quarter of fiscal 2004 grew 7.5% to C$262.7 million ($183.0 million) compared to C$244.3 million ($156.2 million) for the same period of the previous year. Combined revenues from corp
HS Trask Granted License for Ducks Unlimited Footwear
Phoenix Footwear Group, Inc. has been assigned a licensing agreement with Ducks Unlimited, Inc., the world's largest wetlands and waterfowl conservation organization, for promotion and distribution of a Ducks Unlimited line of casual men's footw
Gart Q2 Net Income Falls 17% on Merger Costs, Lower Comps
The new Sports Authority, Inc. reported Q2 results for the Gart portion of the business only, stating that the quarter is a “lost quarter” for the former TSA business. Combined company results for the new Sports Authority will be provided beginning with
Cloudveil is Growing Up — and Out…
Cloudveil has closed on a financing deal with Wells Fargo that will allow the company more freedom as they grow. The credit line was finalized on June 30, 2003.
Environmental Awareness is Working its Way Into Manufacturing…
The International Organization of Standardization has granted Grivel “14001 certification” for sustainable development…PrAna is joining Patagonia and MEC as the only 3 outdoor clothing manufacturers who use organic cotton…On top of these developments,
Specialty Quick Hits…
Raliegh Bicycles is gearing up for a move into the higher-end component and bicycle market; SRAM and RockShox have expanded their “BlackBox” Product Development to include BlackBoxRacing.com; Jet Boil made a stir at the OR show; Aaron Feuerstein is still
Honest, It Was the Neoprene Fumes…
Federal securities regulators have settled fraud charges with the former president of Orange County, CA-based Freedom Surf, Inc. and Cyrus Industries. Raece Richardson, an Australian citizen that ran both companies, agreed to pay $175,000 in penalties to
