Schutt Sports Files For Bankruptcy Protection
Schutt Sports Inc. filed for bankruptcy protection one month after being hit with a $29 million patent infringement verdict. The football helmet and team protective equipment maker is asking a Delaware bankruptcy judge to halt enforcement of the patent ve
Forzani Group Slashes Fiscal Second Quarter Loss on Stronger Comps
The Forzani Group Ltd. cut its net losses in the second quarter ended Aug. 1 by nearly 60% from the year earlier period, thanks to higher sales and improved margins. Company management said the 2010 FIFA World Cup and its launch of Nike’s Livestron
Tapout Acquisition Part of MMA Deal Trifecta
In a monumental development within the fast-growing industry of Mixed Martial Arts-inspired clothing, Toronto-based Authentic Brands Group, which is headed by sporting goods industry dealmeister Jamie Salter, has acquired three MMA apparel brands, includi
Sports Direct Fiscal Q1 Sales Up Despite Weak U.K. World Cup Performance
Profits grew twice as fast as sales at Sports Direct International plc during the 13 weeks ending July 25 despite the British team’s poor showing in the World Cup soccer tournament, the U.K. retailer reported in its interim management statement last
SEC Report Defines Total Apparel Group’s Financial Hardship
Total Apparel Group has recently come under duress due to lackluster sales. The results of continued losses have equaled negative cash flows from operations, a working capital deficit of approximately $3.2 million, as well as accumulated losses of $43.5
REI Sees Upside in Factory Auditing Partnership
According to its fourth annual stewardship report released last week, Recreational Equipment Incorporated is apparently very encouraged by its participation in the Fair Factories Clearinghouse (FCC), which it joined last year to reduce the cost of auditin
Amer Sports to Accelerate Growth in Apparel/Footwear
Amer Sports is indicating that under a revised long-term strategy, it will emphasize faster growth in apparel and footwear (softgoods) categories. At an analyst meeting held in New York City on Friday, the parent of Salomon, Wilson, Precor, Atomic, Suunto
REI Sees Upside in Factory Audit Partnership
According to its fourth annual stewardship report released last week, Recreational Equipment Incorporated is apparently very encouraged by its participation in the Fair Factories Clearinghouse (FCC), which it joined last year to reduce the cost of auditin
Kenny Ballard Leaves Boulder Outdoor Specialty Group
Kenny Ballard, the president of Boulder Outdoor Specialty Group (BOSG), has moved his family to Vermont from the company’s headquarter in Boulder, CO and will resign at the end of October to be nearer family on the East Coast…
Sports Supply’s Terry Babilla Joins Duckwall-ALCO Board
Duckwall-ALCO Stores announced that Terrence Babilla, president, COO and general counsel of Sport Supply Group, has joined the discounter's board of directors…
Stutz Named President of Victorinox North America
Rene Stutz, former President of German cutlery company Wüsthof-Trident of America, Inc. was named president of Victorinox Swiss Army, Inc.'s North American unit…
Big 5 Launches Online Initiatives Around 55th Anniversary
Big 5 Sporting Goods Corp. will be promoting its 55th anniversary celebration with a number of online initiatives. The five-week event will begin on September 12, when the company launches its social media sites on Facebook and Twitter…
Primal Wear to Sponsor U.S. Handcycling Federation
Primal Wear said it will be the official cycling apparel provider to the U.S. Handcycling Federation, a non-profit organization that creates integrated cycling opportunities for wheelchair users and athletes with lower-mobility impairments…
Smith and Wesson Misses Estimates; Q1 Sales Fall 6.7%
Smith & Wesson Holding Corporation reported total company net sales of $94.9 million for the first fiscal quarter ended July 31, 2010 down 6.7%, compared with net sales of $101.7 million for the comparable quarter last year, a period that the company said
New Balance to Sponsor Reach the Beach Relay
New Balance announced a multi-year partnership with the Reach the Beach Relay organization…
