Red Wing Fiscal Year Revenues Reach $448 Million
Red Wing Shoe Co., the parent of Vasque, reported sales rose 12 percent in its fiscal year ending in November 2010, to $448 million. The figures were given at the privately-held company's shareholder meeting in Red Wing, MN and confirmed to SportsOne
Subscribers Offer Their View of Inflation and Price Increases
With both costs of labor and raw materials (cotton, polyester, etc.) heading north, many manufacturers have already been gently raising prices to protect margins but are also looking for ways to soften likely much larger price hikes in 2012…
Reebok Facing Price Fixing Charges in Japan
The Japan Fair Trade Commission last Tuesday raided the Japan subsidiary of Adidas AG over its alleged pressuring of retailers not to discount Reebok's EasyTone collection…
Marvel, Franklin Sports in Licensing Agreement
Franklin Sports has reached a licensing agreement with Marvel Entertainment, LLC to develop a collection of sporting goods featuring Marvel's legendary super heroes Thor, Captain America: The First Avenger and The Avengers..
Gildan Tops in Socks with Gold Toe Moretz Acquisition
Gildan Activewear Inc. reached an agreement to buy sock giant Gold Toe Moretz Holding Corp., which owns the PowerSox brand and is the exclusive sock licensee for Under Armour and New Balance, for $350 million. Gildan will not assume any of Gold Toe Moretz
BLM Partners with Disabled Sports USA to Enhance Access for Disabled Vets
Citing new equipment that is improving the disabled's access to outdoor recreation and a growing number of veterans using such activities to aid their rehabilitation, the Bureau of Land Management Friday signed a five-year Memorandum of Understanding
Deckers Outdoor Appoints Stephen Murray As President, EMEA
Deckers Outdoor Corporation appointed Stephen Murray as the company's president of Europe, Middle East and Africa, effective June 1. Murray will oversee Deckers' subsidiary and distributor businesses which include the UGG Australia, Teva, Tsubo
Gildan Closes Acquisition of Gold Toe Moretz
Gildan Activewear Inc announced that, pursuant to the definitive agreement which it had entered into on April 11, 2011, it has completed the acquisition of 100% of the capital stock of Gold Toe Moretz Holdings Corp. for approximately U.S. $350 million. Th
Play It Again Sports’ Q1 Profits Climbed 38%
Winmark Corporation, the parent of Play It Again Sports, announced net income for the first quarter ended Mar. 26, 2011 of $3.03 million, or 58 cents a share, up from $2.2 million, or 42 cents, a year ago. Revenues grew 13.3% to $11.1 million from $9.8 m
Phoenix Footwear Cuts Loss in 2010
Phoenix Footwear reported sales dipped 8 percent to $17.3 million from $18.8 million, according to its 10K filed with the Securities & Exchange Commission. Its net loss shrunk to $1.7 million from $7.0 million a year ago…
Louisville Slugger Names Bill Clark President
Bill Clark has been named president of Louisville Slugger, a division of Hillerich & Bradsby Co. He replaces Marty Archer, who is stepping into a new role with H&B as president emeritus of Louisville Slugger. Clark, 49, has been president of the company&#
TYR Sponsors Swiss Swimming Federation as Official Technical Supplier
Tyr Sport Inc. announced a six-year sponsorship agreement with the Swiss Swimming Federation (SSNF). TYR will be the exclusive technical apparel supplier to the Swiss swimming, diving, open water, and synchronized swimming national team athletes through 2
Scott Sports to Use Ion Mask Technology in Fall Running Line
Scott Sports will use P2i’s ion-mask liquid repellent nano-coating technology on its Fall 2011 line of performance, training, and trail running shoes in a deal that will move annual production of ion-mask treated shoes past the one million pair mark
McDavid Signs Second Endurance Team Athlete
Ultrarunner Todd Braje officially signed on as the newest McDavid USA Team Athlete. He joins Tim Long…
OIA Laments Budget Deal’s Impact on Public Lands
Outdoor Industry Association and The Conservation Alliance said the 2011 budget agreement passed by Congress Thursday will curb job growth in the outdoor recreation industry. The agreement defunded the Obama administration’s Wild Lands policy and cu