West Marine Takes $56.9M Goodwill Hit
West Marine, Inc. losses jumped in 2007 due primarily to a non-cash write down of goodwill. The company said it also spent $2.7 million cooperating with SEC investigators and paid out $1.3 million in severance to its former CEO. The boat and boating suppl
Hi-Tec Names New UK Sales Manager
Global sports brand HI-TEC SPORTS has appointed Andy Geary as UK Sales Manager. Leading the HI-TEC UK salesforce, Andy will be also be responsible for strengthening relationships with the UK’s leading sports buying groups STAG, INTERSPORT and ALLIED…
LaCrosse’s Danner Receives $1.3M Army Contract
LaCrosse Footwear, Inc.'s Danner subsidiary received a new business order for $1.3 million from the U.S. Army. Danner will supply soldiers with 9,350 pairs of the Danner Explorer boot for a delivery order of $1.3 million in the second quarter of 2008
Quiksilver Rossignol Throws Switch on iVendix
CenterStone Technologies, Inc., an international developer of Web-based B2B e-commerce software for manufacturers selling through specialty retail channels, today announced that The Quiksilver Rossignol Group is now “live” on the company’s iVendix softwar
The Golf Report: TMaG Files Suit Against Nickent for Advertising Claims
TaylorMade-adidas Golf Company filed a lawsuit against Nickent Golf in regard to claims made in Nickent's recent print and television advertising, as well as on the company's website, concerning the purported success of Nickent drivers on tour..
The Golf Report: Bottom Line Fails to Follow Top for True Temper…
True Temper Sports, Inc. saw a strong jump in fourth quarter sales as each of the company’s product segments saw increased revenues compared to the year-ago period…
The Golf Report: TGR Goes One-On-One with… Ashworth’s Allan Fletcher
TGR sat down with Allan Fletcher, founder of Fletcher Leisure Group, for a one-on-one to talk about his new role at Ashworth Inc, where he moved four months ago…
Adidas Forms Joint Venture to Distribute Reebok in South America
Adidas AG and Brazilian shoe company Vulcabras SA have agreed to form a joint venture to sell shoes, shirts and other sports apparel from Reebok in South America. The two companies said that the joint venture will sell Reebok-made products in Brazil and P
IMBA and Kona to Promote Four Epic Rides
IMBA has partnered with long term corporate member Kona Bicycle Co. to promote four Epic celebrations in 2008. The Kona/IMBA Epic ride events will bring together mountain bikers from IMBA's 650 affiliated clubs and Kona's network of 300 dealers
Hilleberg to Sponsor Washington’s TrailsFest Again
Hilleberg the Tentmaker will return as a major sponsor for the third consecutive year at TrailsFest, a hands-on outdoor recreation festival near Seattle. Outdoor Research, REI, Clif Bar, Egan & Associates LLC, and Bay Street Publishing are also confirmed
Heelys Extracts $1.4M and Licensing Deal in Settlement…
Heelys, Inc. has agreed to settle its patent and trademark infringement dispute with Elan-Polo, Inc. for $1.4 million. Heelys also reached a licensed agreement with Elan-Polo to sell certain wheeled sneakers. Under terms of the settlement, Elan-Polo will
Sports Direct Ups Guidance as Sales Follow Plan…
Sports Direct International plc reported sales of £317m ($641.3mm) for the quarter ended January 27, with a profit of £142 million ($287.3mm). The company said that though business has remained in line with expectations since quarter-end, it raised its EB
Li Ning Sales Rise 36% on Branded Strength
Li Ning Group Limited, one of the leading sports brand enterprises in China, reported strong double-digit revenue and earnings growth for this fiscal year ended Dec. 31, 2007, led by sales of its eponymous brand…
Reebok Hit with Jewelry Penalty
Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, according to the U.S. Consumer Product Safety Commission…
Connecticut Retailer Blazing New Trail in New Haven
Connecticut retailer Trailblazer is living up to its name by splitting its 9,000-square-foot store in downtown New Haven into three smaller specialty shops that will focus on its two most popular categories, action sports and the traditional outdoor sport
