New Karhu Owners Moving Ahead Despite Dispute
KARHU Holding BV is moving forward with plans to launch the Karhu brand worldwide despite a dispute with the Finnish company that sold it exclusive global rights to the brand in late June…
UPDATE: SRAM Says Lehman Deal Moving Forward
Bicycle component maker SRAM said a deal to sell 40% of the company to a unit of bankrupt Lehman Brothers has not closed but is moving forward. If the deal falls through, SRAM will merely look for a new strategic financial partner to help finance its glob
Masterfit University Adds Backcountry Training
Masterfit University Training Centers will offer courses for alpine and telemark boot fitting through two new program tracks. MFU's new Backcountry Connection teaches techniques for fitting and modifying these specialty boots for comfort and perform
Masterfit University Adds Backcountry Training
Masterfit University Training Centers will offer courses for alpine and telemark boot fitting through two new program tracks. MFU's new Backcountry Connection teaches techniques for fitting and modifying these specialty boots for comfort and perform
Orvis Venture Secures Acreage for Texas State Park
Orvis/Cushman & Wakefield has brokered the sale of a 2,864-acre ranch in Texas to the Trust for Public Land in a deal that will expand the Palo Duro State Park by 10 percent. The Orvis Company and Cushman & Wakefield, Inc. formed the joint venture to mar
Nike Names Nike Golf President
Nike Inc. promoted Cindy Davis to president of Nike Golf. Davis will be responsible for driving market leadership and growth for all aspects of Nike Golf. She replaces 28-year Nike veteran Bob Wood, who will be taking on additional responsibilities within
Sports Direct Q1 Profit Flat
Sports Direct International Plc said its sales for the 13 weeks ended July 27 increased slightly from last year. The company further said its trading since the end of July remained in line with its forecast amid tough market conditions…
Podium Distribution Expands Headquarters
Podium Distribution, the skate company based in Torrance, CA, has just expanded both its walls and its employee base. The company recently acquired the 21,000-square-foot office space adjacent to its existing 955 Francisco Street address. According to Pod
G-III Apparel Widens Q2 Loss
G-III Apparel Group, Ltd. reported second-quarter sales increased by 35% to $113.5 million from $83.9 million last year. The company reported a net loss of $3.9 million, or 23 cents a share, for the three months ended July 31, compared to a net loss of $8
Ashworth Fiscal Q3 Loss Widens; Explores Sale
Ashworth, Inc. has retained Kurt Salmon Associates Capital Advisors as its financial advisor to explore strategic alternatives to enhance shareholder value. These include but are not limited to, a sale or merger of the company. The golf apparel company, w
Adidas to Sponsor Russia Football Union
Adidas and the Russian Football Union (RFU) announced a long-term partnership until 2018. Both partners will work together in order to promote football on all levels. Under the new agreement effective as September 1st, 2008 adidas will supply all RFU team
Poll: Excercize, Companionship Drive People Outdoors
Oprah Winfrey and Bill Gates topped the list of who Americans would like to take on a day-long hike, according to a survey released over the weekend and co-sponsored by CGPR (www.cgprpublicrelations.com) and Open Air Magazine, an active lifestyle publicat
Athletic Footwear a Ray of Sunshine in Cloudy August
As the numbers roll in for the retail fiscal month of August, it is pretty clear that retailers are looking to athletic footwear to keep footwear sales numbers in positive territory. While the later back-to-school season has clearly impacted retailers, a
Cole Haan Launches Sharapova Collection
Cole Haan, a subsidiary of Nike, announced Maria Sharapova will serve as a lead collaborator and the face of Cole Haan Sporting, a new collection for Spring 2009, rooted in sport and fashion. The collection introduces new technologies like Flywire which b
August Retail Sales Hurt by Economy, Inventories
Based on preliminary input from a number of executives reporting August retail comparable store sales results last week, the slumping housing market, higher fuel prices and an overall weaker economy wasn’t the only reason for a disappointing back-to-schoo
