Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were ¥54.9 billion ($563 mm), compared to ¥65.3 billion ($625 mm) in the year-ago quarter…
True Temper Q2 Sales Fall 43.8% Amidst Inventory Concerns
True Temper Sports, Inc. reported net sales for the second quarter fiscal 2009 fell 43.8% to $21.1 million from $37.7 million in the year-ago period. Management for the company cited the global recessionary pressures and a weaker retail landscape, and not
Clarification
Jim Moss, TAPS board member, recently contacted The B.O.S.S. Report wishing to clarify some statements attributed to him in the article New Paddlesports Show Creates Dustup at OR Summer Market, published in BOSS_0930…
Rock Climbing Injuries Increase as Sport Gains Popularity
With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o
ATK Awarded $20 Million to Deliver Load-Bearing Vests for the U.S. Marine Corps
Alliant Techsystems has received a $20 million order from the U.S. Marine Corps to produce Scalable Plate Carriers and components, according to a release by the company. The Scalable Plate Carriers(SPC) are scheduled for delivery by the end of January 201
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Nike Names Allaker Umbro President
Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…
Class Action Suit Claiming “Misrepresenation” Filed Against Ruger
Shalov Stone Bonner & Rocco LLP issued a press release announcing a class action lawsuit was filed on behalf of purchasers of Sturm, Ruger & Company, Inc. common stock between April 23, 2007 and October 29, 2007, inclusive…
Nike Canada to Sponsor Vancouver 2010 Olympic Winter Games
Nike Canada Corp. and the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) announced that Nike has been named the Official Supplier of high performance sporting goods for the upcoming Games and introduced Team Canada
Crocs Settles Lawsuit with Australian Shoe Concern
Crocs and Australia Unlimited, maker of the NothinZ lightweight ergonomic clog, agreed to settle all outstanding litigation between the parties by filing for dismissal of all claims and counterclaims…
Cabela’s Credit Card Business Weakens
According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose
Russell Corp. Jobs Headed to Kentucky from Alabama
Fruit of the Loom has announced it will relocate more than 270 apparel jobs from Alexander City and Monroeville in Alabama to its headquarters in Bowling Green, Kentucky. Positions affected include 218 Russell Corporation employees in Alexander City and 5
Brother Introduces Garment Printer Print Head Cleaning Service
The Brother International Corporation Industrial Products Division said it is now offering a new print head cleaning service for their GT-541 and GT-782 garment printers that would help to virtually eliminate production down time, and in some cases, the e
Warnaco Sees Timing Issues, Economy Cut into Q2 Swimwear Sales
Warnaco, Inc. reported that second quarter net revenues fell 9% to $455.9 million and declined 0.5% in constant dollars compared to the prior year quarter. Swimwear Group net revenues, whihc includes the Speedo brand business in the U.S., fell 9% to $74.
Runner’s World Launches iPhone App to Drive Traffic to Local Specialty Shops
Runner’s World will bring its shoe guides to a new iPhone application. The Nike-sponsored “Runner’s World Shoe Shop” is a one-click concierge service that offers reviews from the RW Shoe Lab, shoe-buying advice, and the ability to purchase shoes at a loca
