Nautilus, Completes Line of Credit Deal
Nautilus, Inc. announced that it has signed its new line of credit agreement with Bank of America, N.A. The facility is an underwritten 5-year, $100 million asset-based loan with an accordion feature to increase the line of credit to $125 million…
Sperry Top-Sider Partners with Oceana
Sperry Top-Sider partnered with Oceana, an international non-profit organization dedicated to protecting and restoring the world’s oceans, to promote widespread involvement in the fight to protect the oceans…
Coleman Supports Tree Project in Central Park
The Coleman Company, Inc. and sister company Marmot Mountain LLC supported the kickoff of a project launched on Jan. 10 to save and plant trees in Central Park. The project was launched next to a stately European Beech tree in the park’s Cherry Hill sect
Cabela’s Sells $57 Million of Senior Notes
Cabela's Inc. said it sold $57 million aggregate principal amount of its 7.2% senior notes in a private placement to institutional buyers. The notes have a final maturity of 10 years and an average maturity of seven years…
First FIFA Official Store Opens in Singapore
FIFA, the world football's governing body opened its first FIFA Official Store at Singapore's Changi airport. After Singapore, further FIFA Official Stores are due to open in London, Tokyo and Los Angeles, as well as in emerging markets such as
Adidas Extends A.C. Milan Deal; Nike Nears Same With Inter Milan
Adidas and A.C. Milan have extened their sponsorship deal until the end of 2017. Under the new agreement adidas will also design, produce, distribute and promote a wide range of non-sport related A.C. Milan merchandising articles. Meanwhile, according to
Adidas Extends A.C. Milan Deal; Nike Nears Same With Inter Milan
Adidas and A.C. Milan have extended their sponsorship deal until the end of 2017. Under the new agreement adidas will also design, produce, distribute and promote a wide range of non-sport related A.C. Milan merchandise. Meanwhile, according to published
Dick’s Sporting Goods Names Colombo as Vice Chairman
Dick's Sporting Goods, Inc. will see William J. Colombo assume the role of vice chairman effective February 2, 2008, the end of Dick's fiscal year. He will step down from his current role as president and COO. Mr. Colombo's responsibilities
NBA: Garnett and Celtics Lead Holiday Sales
The NBA reports that The Boston Celtics and the team's All-Star forward Kevin Garnett are the hottest selling merchandise and jerseys, respectively for the league at the NBA Store in New York City and online at NBAStore.com for the holiday season. Th
OGIO Hires Global Director of Golf
OGIO has hired Tom Gocke, a 15-year veteran of the golf industry and OGIO's national golf sales manager, as its first Global Director of Golf. Steve Elder, who until recently worked as OGIO's director of operations, will serve its Director – I
Simple Launches Eco-Exclusive at Walking Co.
The Walking Co. announced the exclusive launch of PlanetWalkers by Simple. PlanetWalkers will be featured at Walking Co.'s 190 stores this summer as part of a month-long 'Sustainable Comfort' promotion highlighting efforts across the comfor
Rome SDS Taps BBPR for Marketing Efforts
Rome SDS is partnering with BBPR for non-endemic public relations and marketing efforts for the launch of their 2009 product line. As mainstream media continue to cover action sports, BBPR will vet product requests and seek out new opportunities that are
Sierra Designs, Ultimate Direction Pick Verde P.R.
Sierra Designs and Ultimate Direction have named Verde PR and Consulting of Louisville, Colo. as their new public relations agency of record. Verde will help with rebranding efforts undertaken by Sierra Designs President Paul Gagner. At Ultimate Direction
Holiday Retail Comp Sales Gain Lowest in 6 Years…
Retail comparable-chain-store sales finished fiscal December just above flat as retailers fought through sluggish doldrums early in the month before finishing with a bang. Retail point-of-sale data compiled by SportScanINFO showed slow sales through the
Third Quarter Retail Profits Hurt by Charges, Weak Comps..
With over two-thirds of the sporting goods industry’s retailers reporting comparable store sales declines for the third quarter, the segment would have to make serious strides in gross margin to see any improvement on the bottom line…
