Finnish Running Brand Karhu Acquired
Former Reebok executives, Huub Valkenburg and Jay Duke, have purchased the Finnish running brand, KARHU, including the trademarks and patents of the KARHU brand. Karhu Sporting Goods Oy, previous owner of the brand, remains the licensee for the Scandinavi
Report: Starter Close to Tony Romo Deal
According to Sports Business Daily, Starter, which is owned by Iconix Brand Group, is getting close to a five-year, $10 million endorsement deal with Cowboys QB Tony Romo. According to the daily, Reebok, Romo's previous sponsor, decline to match the
Collective Brand’s CFO Resigns
Collective Brands, Inc. reported that SVP and CFO Ullrich “Rick” E. Porzig announced his retirement. Porzig, 62, has served the company for more than 14 years in positions of increasing responsibility in finance functions. The company is continuing its se
Veltec Adds Rep for Florida
Veltec Sports has added Charlie Allen as an outside sales representative covering the state of Florida. With over 10 years experience in outside sales in the bicycling industry, Allen has worked with Specialized Bicycle Components, Cannondale Bicycle Corp
Report: VF Corp. Closes Three Costa Rican Plants
VF Corp plans to close three factories in Costa Rica by July 16 and dismiss about 400 workers there, according to just-style.com. The announcement comes as Costa Rica is facing rising competition from nearby countries such as Guatemala and Nicaragua, whos
SportsOneSource Study Sees Price Take Top Spot in 2008 ‘How America Shops’ Report…
The active sports lifestyle market may be surprised by how consumers view the retail landscape in the industry today. A recent study found that price has become the number one motivating factor in determining where to shop for sporting goods or athletic
Dick’s Sporting Goods Sees Fitness Rebound…
Just a few weeks after saying the company would not meet guidance for the year, Dick’s Sporting Goods Chairman and CEO Ed Stack told investors and analysts gathered at the William Blair Growth Stock Conference in Chicago that its fitness business had turn
NBA to Open Stores in China…
The National Basketball Association has chosen JuneYao Group to develop 2,000 branded retail outlets across China. The agreement with the NBA will allow JuneYao to sell licensed merchandise in the 2,000 NBA retail stores it plans to open over the next two
Reebok Expands Owned-Retail With Equipment…
Reebok will add a new wrinkle to its owned-retail operations by including equipment in the mix for the first time ever. The company will open its newest retail store at Patriot Place in Foxboro, MA. The new store will represent Reebok’s second full-price
ASR Launches MMA Trade Show…
ASR will look beyond its skate/surf roots and into the octagon with the newest trade show to launch in the past few years as it introduces Virtue: Powered by ASR. Virtue, held across the street from ASR at the new Hard Rock Hotel, will feature lifestyle c
adidas to ‘Significantly’ Exceeds Soccer Goals…
adidas AG said it will 'significantly' exceed its full-year target of posting at least €1.2 billion ($1.8 bn) in soccer-related sales this year, helped by the European soccer championship currently being held in Switzerland and Austria…
Warnaco Swimwear Relocates to Downtown L.A.…
Warnaco's Swimwear Group, which includes Speedo and Calvin Klein swimwear, plans to relocate its headquarters to downtown Los Angeles from Commerce, CA in September 2008. Warnaco signed a long-term lease for two floors totaling 38,000 square feet of
Exxel Outdoors to Join OIA After Trade Flap…
When OIA told Congress last month that they should suspend duties on certain sleeping bags because there were no commercially viable U.S. manufacturers of such bags, Harry Kazazian was quite surprised. Kazazian is the founder and CEO of Exxel Outdoors Inc
Voting Begins on OIA Board of Director Nominees…
Voting began Wednesday and ends at 5 p.m. July 17 for positions on the Outdoor Industry Association’s board of directors. The OIA’s 2008-009 board will consist of 18 voting members and 10 appointed members. The OIA has nominated six incumbents for second
OIA Expands Marketing Team
OIA has hired Scott Chavkin as its new director of marketing and communications to oversee all aspects of the association's day-to-day marketing and communications needs…
