California Bans Sale of Kangaroo Leather Cleats
The California Supreme Court has banned the sale of kangaroo leather soccer cleats in a unanimous decision rejecting an argument by adidas that federal law pre-empts a California ban on the products. In the case, Viva International Voice of Animals argued
Oakley Extends Ducati License
Oakley, Inc. has renewed its licensing agreement with Ducati Motor Holding S.p.A. for an additional three years. The agreement was originally established in 2003.
Spalding Takes Top Share in Volleyballs
Spalding reports that its volleyball dollar share within the Sporting Goods channel has spiked to 35%, up from just 7% one year ago and now takes over as the category leader. The company says its strong market sahre improvement comes from a combination of
Billabong to Acquire South Africa Licensed Business
Billabong International Limited has reached in-principle an agreement to acquire its licensed business in South Africa. The business comprises a wholesale distribution channel (and associated outlet store) and small-scale manufacturing facilities. The acq
Bushnell Acquired by Private-Equity Firm…
Bushnell Outdoor Products was sold from one private equity firm to another last week as MidOcean Partners acquired the optical and outdoor products firm from Wind Point Partners. Terms of the deal were not disclosed, but local papers reported the total e
Possible Port Strike Could Stymie Holiday Deliveries…
The Ports of Long Beach and Los Angeles currently face a strike that could send ripples throughout the sporting goods industry, causing late deliveries of fall and back-to-school product. The International Longshore and Warehouse Union threatened to hono
Rebel Sport NZ Parent Expects H1 Income Slide…
Rebel Sport in New Zealand’s parent company, Briscoe Group, is having a tough first half, reporting that H1 net income will be “up to 15% lower” than the NZ$12.0 million ($7.6 mm) recorded in the year-ago period…
Delta Apparel to Close Plant, Cut Jobs…
Delta Apparel Inc., parent to M.J. Soffe, plans to close an Alabama plant, cut 110 jobs, and take restructuring charges as it moves some manufacturing to Honduras. As a result, Delta slashed its Q4 earnings outlook. The company predicts earnings of betw
Garmin Acquires Another International Distributor…
Garmin Ltd. plans to acquire Electronica Trepat S.A., the company’s principal distributor in Spain. The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial
Nike, Inc. Sidelines Latest Michael Vick Shoe…
Nike, Inc. last week suspended the introduction of Atlanta Falcons quarterback Michael Vick's latest shoe two days after a federal grand jury indicted him for allegedly conspiring to run a dog-fighting operation from a home he owned in Virginia. Vick
Sports, Inc. Closes Successful Athletics Show…
Sports, Inc. reported that its Athletics show, recently held in St. Charles, MO, was one of the group's most successful ever with both order volume and attendance up. “We invited 100 suppliers to the show and over 450 store owners, buyers and sales p
PPR Ups Puma Stake to 62.1%; Closes Takeover Offer…
SAPARDIS S.A., the subsidiary of French luxury goods company PPR S.A. that has been in talks to acquire a majority stake in PUMA AG, has closed its takeover offer. PPR now owns, through its subsidiary, a total of 62.1% of all PUMA votes…
RECALL: Thule Bicycle Racks…
Thule has issued a recall of a number of its discontinued hitch-style bicycle racks. Thule has determined that a pinch point exists between the bike arm bracket and the upright assembly of the hitch-style bicycle rack. When the bike arm bracket is moved
The SportsOneSource Group Expands Business Development Team
In an effort to better service the needs of a growing and divergent client base, The SportsOneSource Group has added three solid industry professionals to its team. Susan Tauster has joined SportsOneSource as advertising sales manager for the Western U.S
Brunswick Names VP, General Counsel
Brunswick Corporation named Lloyd C. Chatfield II as vice president, general counsel and secretary reporting to Brunswick Chairman and Chief Executive Officer Dustan E. McCoy…
