Whistler Blackcomb EVP/CFO Kevin Smith to Resign
Whistler Blackcomb Holdings Inc. announced the resignation of Kevin Smith as executive vice president and chief financial officer for personal reasons, effective September 10, 2012. On that date, Dave Brownlie will be appointed interim CFO of the corpora
FGL Sports Reports Broad Category Strength in Second Quarter
Retail sales at FGL Sports, which includes 501 Sport Check, Sport Mart, Atmosphere and other sporting goods banners, increased 4.2 percent in the second quarter over the comparable period in the prior year, according to parent company Canadian Tire Corpor
ShopIgniter Enters San Francisco Market
ShopIgniter, which helps brands promote products, sales and events through social media, reported its second quarter revenue grew 285 percent over the second quarter of 2011 and said it is adding three senior management hires and expanding to the San Fran
Columbia Sportswear Forms 60/40 Joint Venture With Chinese Distributor
Columbia Sportswear Company has agreed to form a 60/40 joint venture with its distributor in mainland China – Swire Resources Ltd. – in a bid to accelerate already rapidly growing sales of Columbia and Mountain Hardwear branded products in the country…
Rising Paid Search Costs, Promotional Activity Hurt Liberty Interactive Earnings
Liberty Interactive Corp. reported that earnings at its e-commerce business, which includes controlling interests in Backcountry.com and Bodybuilding.com, dropped sharply in the second quarter as a result of legal settlements, increased spending in paid
Mizuno Reports Strong Second Quarter for Running
Mizuno reported revenue totaled 42.6 billion yen ($533 mm) in the quarter ended June 30, up 2.6 percent compared with the same period of the previous fiscal year. Operating profit was 2.7 billion yen ($34 mm), down 15.5 percent, ordinary profit was 2.3 bi
Survival Straps Greatly Expands Licensing Portfolio
Survival Straps announced it has entered licensing deals with 36 universities, the PGA Tour, all five branches of the military, and The Wounded Warrior Project. Sales of bracelets, which are made from 500-pound test cords and can include hidden blades, f
Backcountry.com Starts Selling Bicycles
Backcountry.com began offering a deep selection of high-end, performance bikes and bike gear for the first time. The selection will include bikes, clothing, accessories, components, tools, and racks. Until now, cyclists had to visit other Backcountry-owne
Hestra Hires Marketing Director and Expands Sales Force
Hestra, the Swedish glove brand, has hired Erin Tulley as marketing coordinator and Ryan Genua and Rik Andresen as U.S. sales representatives…
Body Glove Puts Brand on New Energy Gel
PacificHealth Laboratories, Inc. has partnered with Body Glove International to launch a new energy gel under the surf brands brand into test markets in Southern California beginning Aug. 1, 2012…
Golden Viking Sports Acquired by INA International
Golden Viking Sports, LLC, was acquired by Canada-based sporting goods wholesaler INA International on July 1. The deal gives INA the North American license for Diadora, along with all other owned and licensed brands, in the U.S. market. Financial details
Black Diamond Posts Wider Q2 Loss Despite Solid Sales Growth
Black Diamond, Inc. reported that total sales in the second quarter of 2012 increased 13 percent to $31.9 million, compared to $28.3 million in the second quarter of 2011. The growth in sales was attributed to a number of new and existing climb and mounta
Speedo Parent Sees Q2 Net Shrink on Lower Revenues, FX Rate Impact
Warnaco Inc. net revenues fell 5 percent to $563.9 million, compared to the prior year period and were flat in constant currency. In the quarter, a 10 percent increase in Swimwear Group net revenues, fueled by a strong performance from Speedo, were more t
Asics Corp. Posts Weaker Q1 Net on Japan, FX Rate Challenges
Asics Corp. reported that fiscal first quarter consolidated net sales increased 1.1 percent to ¥66,105 million ($825 mm) for the three-month period ended June 30, 2012. Net income for the first quarter decreased 4.6 percent to ¥4,934 million ($62 mm)…
SGMA Releases ‘Olympic Top 20’ Participation Study
According to research from the Sporting Goods Manufacturers Association (SGMA), Americans tend to get more active playing many of the sports and activities they watch during the Olympic Games. The participation study showed that there were slight increase
