Giancarlo Zanatta Leaves Lotto Board to Focus on Technica
The Lotto Sport Italia S.p.A. board of directors met recently to confirm the addition of Giacomo Vaccari, who replaces Giancarlo Zanatta in the Company’s administrative body. Zanatta’s departure from Lotto has therefore been formally concluded. Zannatta,
New TSA Getting Closer to the Gart Model…
Doug Morton, vice chairman and CEO of The Sports Authority, will temporarily assume the chief merchant role as the retailer looks for a replacement for Elliott Kerbis after the president and chief merchant resigned last week. Morton pointed to five “very
CamelBak Promotes Rounds to Nat’l Sales Mgr.
CamelBak has promoted John Rounds to National Sales Manager of their U.S. Recreational Division. Rounds will lead an experienced sales team into a phase of continued growth for CamelBak’s recreational division. He will be responsible for managing all of
Cabela’s Keeps the Momentum Going…
Cabela’s continues to see its Retail business capture a larger part of a fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mountain
The Street Backs Off Sporting Goods Sector Despite Tremendous Returns in First Quarter…
Vendor companies in the sporting goods industry continued to find new ways to spike profits in the first quarter of 2004. Even the hardlines segment is getting into the act as net income there outpaced sales growth for the first time since Q1 last year
Outlast Acquires Frisby Assets; Litigation Continues…
After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…
The New Sports Authority Getting More Specialty Focused with Product…
Since the day the rumors started flying about a potential merger between Gart Sports and The Sports Authority there has been an ongoing debate about which of the two divergent personalities would be assumed by the new national sporting goods retail entity
Currency FX Rates Limit Rossignol’s Full Year Sales…
Rossignol closed the books on the company’s 2004 fiscal year, which ended in March, reporting a 1.1% decline in sales when measured in Euros, down from €484.9 million ($482.0 mm) in 2003 to €479.4 million ($563.7 mm) for the past year. With over half of i
Sport Chalet Gets Comfy Up North…
Sport Chalet pointed to “more seasonable” winter weather at the resorts frequented by their customers as well as an “improved economic climate” for a strong fourth quarter that finished off a turnaround year for the 31 store chain based outside Los Angele
Cowboys and JC Penney End Deal on Push for More Commitment…
The Dallas Cowboys, the only NFL team that opted to handle development and sales of its own team softgoods merchandise when the league did the exclusive deal with Reebok, will apparently let its exclusive retail deal with JC Penney expire at the end of it
Genesco Looks to Athletic in Journeys’ Q1 Surge; Hat World Helps Bottom Line…
Genesco Inc. is feeling pretty good about the business these days, so much so that the company has gone ahead and increased full year sales and earnings estimates once again. The strength of the fashion athletics business at Journeys and better-than expe
Burton Hires First Creative Director of Women’s Marketing and Product
Burton's first Creative Director of Women's Marketing and Product, Grace Patrick has started her new job at Burton and is splitting time between the company's headquarters in Burlington, Vermont and its new California office in Irvine. Burt
Russell Signs Deal with Australian Open
Russell Athletic has formed a new partnership with the Australian Open tennis tournament. The agreement involves developing and marketing an exclusive line of Australian Open athletic apparel and providing uniforms for the tournament's more than 800
And Finish Line Accuses Foot Locker of Spying…
The Finish Line Inc. filed suit on Thursday against arch-rival Foot Locker, Inc., alleging that Foot Locker attempted to steal key management in an effort to obtain sensitive financial information…
U.S. Sporting Goods Retail Starts Year with a Strong Sales Gains…
A number of U.S. sporting goods retailers reported fiscal first quarter results last week, showing as a group a 22.9% increase in sales for the period. (see chart on page 5) The four retailers join Big 5 Sporting Goods, which already reported Q1 results,
