Wolverine Bolsters Patagonia Footwear Team
Wolverine World Wide’s Outdoor Group promoted Craig Throne from GM of its Patagonia Footwear brand to VP of global marketing and replaced him with Bill Dodge, who oversaw Timberland's former GoLite Footwear venture. Dodge will oversee all business op
Investor Fighting to Preserve Ski Resort Company
Fortress Investment Group, a publicly traded hedge fund, is seeking to refinance $1.68 billion in debt due next week by its Intrawest unit, London's Financial Times reported. Canadian-based Intrawest is the largest operater of ski resorts in North Am
Bon-Ton Predicts Low FY08 Results
The Bon-Ton Stores, Inc. said that based on fall season sales trends and continued expectations for a soft holiday season, it believes its full-year fiscal 2008 financial results will be at the low end of the previously stated guidance range. Guidance pro
Court Dismisses Tobacco Claims Against Amer Sports
The District Court of Helsinki has dismissed all claims for damages based on Amer Sports Corporation's already discontinued tobacco business. The District Court of Helsinki ordered the plaintiff's to compensate all the legal costs Amer Sports Co
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
TaylorMade-adidas Golf Company to Acquire Ashworth, Inc.
The adidas Group and Ashworth, Inc. announced that the TaylorMade-adidas Golf business segment has entered into a definitive agreement to acquire all of the outstanding shares of Ashworth, Inc. for $1.90 per share in cash. The transaction value is $72.8 m
BPSA Releases Schedule for 2009 Bicycle Leadership Conference
The Bicycle Product Suppliers Association (BPSA) announced a preliminary agenda for its 2009 Bicycle Leadership Conference (BLC) to be held in conjunction with the Sea Otter Classic, Apr. 15-17, 2009, at the Embassy Suites in Seaside, CA….
Industry Exhibits Silver Lining Amidst Stock Market Travesty
As the media highlighted the historic downturn last week as the worst week ever in the market, there were actually a few positives to be taken from the data compiled on Friday. Crazy swings are often seen as an indicator of a market that is looking for t
Buckle Continues Comps Hot Streak, But PacSun and Zumiez Down
Pacific Sunwear of California Inc. reported that sales of $91.2 million for fiscal September decreased 4% from sales of $95.1 million in the year-ago period. Comps for the same period decreased 5%. The numbers include only results from the company’s PacSu
Crocs Sells Foam Creations Unit
Crocs Inc. has sold certain assets of its Foam Creations business unit located in Quebec City, QU, to a Canadian corporation led by former Foam Creations founder Andrew Reddyhoff…
The SportsOneSource Debate: The Election
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
Cabela’s Inc. Cuts 10% of Corporate Headquarter Jobs
Cabela's Inc. reduced its workforce by approximately 10% at its corporate headquarters in Sidney, NE. After completing a review of its organizational structure, the company decided to reduce staffing levels in selected areas. The company expects app
REI to Begin Selling GT Bikes
Recreational Equipment Inc. (REI) will begin selling GT bikes at 47 of its stores by the end of the year. This deal follows REI's decision to phase out K2 bikes, which are made by World Wide Cycle Supply…
Coleman Names New Sales VP
The Coleman Company Inc. has named Michael Bach VP of sales with responsibility for leading the field sales team and the food/drug and home channels…
NRF: Container Imports Forecast to Decline 6.5% this Year
Cargo volume at the nation’s major retail container ports is now expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy. Volume is projected to total 15.43 million Twenty-foot
