Golf Counterfeit Ring Busted in North Carolina
Acushnet Company, which is comprised of the Titleist, FootJoy and Cobra golf equipment brands, reports that it played an integral part in the arrests of two North Carolina residents by state authorities. The two residents of Vass, North Carolina, were cha
Quiksilver Closes Sale of Cleveland Golf
Quiksilver, Inc. has closed the sale of Roger Cleveland Golf Company, Inc. to SRI Sports Limited. The sale, which was effective as of December 10, 2007, carried a transaction value of $132.5 million, with net proceeds to Quiksilver, Inc. of approximately
Genesco Comps Down 3.7% for November
As a result of the ongoing legal battle between Genesco Inc. and The Finish Line, Inc., Genesco reported financial results for fiscal November in order that those results might be part of the public record and usable as evidence in the case. Same store sa
Gander Mountain Slips into Red on Weather Woes…
Gander Mountain took much of the sting out of its grim third quarter earnings report Thursday by announcing it had acquired an online retailer it said would drive more sales to its money losing chain of 115 stores. Executives at the Minneapolis-based out
Forzani Lands 100 New Doors with Athletes World Acquisition…
The Forzani Group closed its deal to acquire Athletes World Limited last week. Forzani paid $1.5 million for the shares of Athletes World and the inter-company debt. Forzani also assumed the secured debt, which was approximately $20 million. Roughly $17 m
Confluence Appoints Rechner as President and CEO…
Confluence Watersports has named Sue Rechner president and CEO, effective, December 17, 2007. Rechner has more than 15 years of experience in consumer products and was previously president of Victorinox Swiss Army, Inc. She also simultaneously served as
OR Winter Market Creates New Layout for 2008…
Outdoor Retailer Winter Market will be expanding upon the focused areas featured at Summer Market with a variety of categories gathered in distinct sections of the show floor…
MEC Pulls Polycarbonate Plastic Off Shelves…
According to Canada’s Globe and Mail, Mountain Equipment Co-op has pulled most food and beverage containers made of polycarbonate plastic from its shelves due to possible health risks. The action will see nearly all plastic containers removed from the ret
American Rec Parent Sees Turn-Around by 2008…
Kellwood’s third quarter total net sales from ongoing operations, which is comprised of continuing operations results excluding impairment, restructuring and other non-recurring charges, were $404.1 million, up from net sales of $397 million in the third
The Walking Co. Thanksgiving Comps Surge 20%…
The Walking Company saw comparable store sales increase approximately 20% for the three-day Thanksgiving weekend. The shoe chain also saw low-double-digit comparable store sales for months of October and November. Andrew Feshbach, CEO of Big Dog Holdings,
SIA.08 Ramps Up Sustainability…
SnowSports Industries America will be ramping up its environmental efforts this year with several new initiatives and practices. New for the SIA.08 SnowSports Trade Show is the ECOsource Market Segment exhibit. This special exhibit will feature exhibitor’
Zumiez Sees November Comp Sales Growth Slows…
Zumiez Inc. recorded a 5.6% increase in same store sales for fiscal November. The comps improvement comes on top of a 12.1% jump in the year-ago month. Total net sales for the four-week period increased 28.5% to $33.3 million, compared to $25.9 million fo
BOSS Goes One-on-One with Columbia’s Gert Boyle
Gert Boyle is the matriarch of Columbia Sportswear. Her father started the business—then called Columbia Hat Company—in 1938 and ran it until his passing in 1964, whereupon her husband, Neal, took over the helm. But six years later, in 1970, Neal died sud
Confluence Names Rechner as President and CEO
Confluence Watersports has appointed Sue Rechner to the position of president & CEO, effective December 17, 2007. With over 15 years experience in consumer products, Rechner joins the canoe and kayak manufacturer on the heels of her successful tenure as P
Forzani Sees Q3 Corporate Comps Slide on Dollar, Weather Pressures
The Forzani Group Ltd. reported a 1.5% increase in retail system sales for the third quarter to $344.6 million from $339.5 million in the year-ago quarter. The company said in a release that the increase came despite aggressive pricing actions taken in re
