Veltec Inks Development Partnership with Cole
Veltec Sports entereed into a Joint Development Partnership (JDP) with wheel manufacturer Cole USA.
The project will bring Cole's patented DSA (Dynamic Spoke Alignment) technology for road and MTB wheels to market in North America for the first time.
Sport-Haley to Buy Out Balance of Reserve Apparel JV
Sport-Haley, Inc. has entered into an Agreement to purchase Explorer Gear USA, Inc.'s entire membership interest in Reserve Apparel Group, LLC and to settle all potential claims between, as applicable, Sport-Haley, Reserve Apparel, Explorer Gear and
Global Sources’ Survey Shows Increasing Prices in China…
Global Sources, a global manufacturing research firm, has found that 70% of mainland China manufacturers plan to raise export prices in the next 12 months. This number, which comes from a survey of suppliers of various consumer products, including sports
Fruit of the Loom Puts Stamp on Russell Athletic Corner Office…
FOTL quietly made the move last week to replace the top spot at Russell Athletic, replacing CEO Calvin Johnston with new CEO Doug Kelly, the former Pro Player executive.
While FOTL and Russell weren’t talking, insiders say the move was made to bolster Ru
Globe Sees Annual Profits Fall on Sales Slump…
Globe International Limited saw total revenues for the fiscal year ending June 30 decrease 3.5% to A$197.3 million ($149.2 mm) from A$204.5 million ($153.2 mm) last year.
Sales were down in each of the company’s three regions, with North America taking t
Dunham Hires Epley as Marketing Manager
Dunham has hired Brian Eppley as Marketing Services Manager. Eppley comes to the brand with over nine years of sales and marketing experience along with a strong background in footwear and within the industry. As Marketing Services Manger, Eppley will be
Intrawest Doubles Fiscal 2006 Earnings; Shareholders to Consider Buy-Out
Intrawest Corporation, fiscal 2006 income from continuing operations was $55.3 million compared with $24.1 million in 2005. Income per share from continuing operations for the year, on a fully diluted basis, increased to $1.12 per share in 2006 from $0.50
Timberland Becomes more Transparent with Footwear Packaging
The Timberland Company has launched a new environmentally-friendlier packaging for its footwear products and a product information label that details aspects of the company's environmental and community footprint. The new packaging and labeling will
Ibex Finds A Different Source for Renewable Energy – Cows
Ibex Outdoor Clothing is adding cows to its stable of renewable suppliers – for energy. Ibex, with its headquarters and warehouse in Woodstock, VT and sales across North America, Europe and Asia, has signed up to receive all of its electricity from CVPS C
Jackson Kayaks and Patagonia Team-up to Recycle Boats
Kayakers can recycle their old boats at the legendary Gauley Fest this year thanks to a partnership between Jackson Kayak and Patagonia. The goal of the Take Back/Give Back program is to reduce landfill waste and backyard clutter, by recycling and, when p
G-III Cuts Expected Loss in Half; Ups Guidance…
G-III is seeing success with its diversification strategy and is also adding synergies between its core business and the acquired Marvin Richards and Winlit businesses. Second quarter net sales were $69.1 million compared to net sales of $54.6 million las
Dick’s SG and Under Armour Outline Objectives at Goldman Sachs Conference…
Goldman Sachs held their 13th annual global retail conference last week and two of the sporting goods industry’s top performers where on hand to provide more insight into their business. Dick’s Sporting Goods took the opportunity to differentiate its mode
TJX Approves Succession Plan…
The TJX Companies, Inc. has approved a succession plan for executive management of the company which will see Carol Meyrowitz, who was named president of TJX in October 2005, moved to the position of Chief Executive Officer, effective with the beginning o
BEWI Productions Re-Names Expos
BEWI Productions has renamed its popular SnowSports Expos for 2006. The winter sports extravaganzas will now be promoted as the Ski & Snowboard Expos…
Thule Clears all Hurdles in Brink, Valley and SportRack Acquisitions
Thule completed the acquisition of Brink International BV, Valley Industries and SportRack Accessories. The acquisition was announced on May 18 and has been thereafter subject to approval of the European Commission which Thule received on August 28…
