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
Oakley Posts 29% Second Quarter Sales Jump
Oakley, Inc. saw second quarter net sales jump 29.3% to $263.2 million, from $203.6 million in the same quarter last year. Net income for the quarter rose 20.1% to $21.5 million, or 31 cents per diluted share. Second quarter U.S. net sales (wholesale and
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…
Garmin to Acquire Spanish Distributor
Garmin Ltd. has signed a letter of intent for the proposed acquisition of Electronica Trepat S.A., the principal distributor of Garmin's consumer products in Spain. The completion of the acquisition is subject to the negotiation and execution of a de
adidas CEO Anticipates Record Year in 2008…
In an interview with German daily newspaper, Die Welt, adidas’ chief executive, Herbert Hainer, commented that the rumors of a takeover by Nike are completely unfounded. 2008 “will be a record year,” according to Hainer as soccer revenue alone should exce
Lululemon Shrinks IPO Offering…
Lululemon Athletica Inc. said in a filing on Friday that it is shrinking the size of its initial public offering by nearly 10%, to 16.4 million shares from 18.2 million. The investors plan to sell 14.1 million shares, down from an earlier plan for 15.9 mi
Jansport President Corvino Killed in Car Accident…
Michael Corvino, president of JanSport, was killed Saturday in a car accident. Corvino, who was 46 years old, died when he lost control of the 1970 Dodge Charger he was driving, veering off the road and hitting a tree, according to a California Highway P
June Sport Footwear Sales Growth Accelerates on Promotional Increases…
The month of June presented a mixed bag of results for the sporting goods and athletic footwear and apparel markets as retailers in the mall turned up the heat on the promotional fire in footwear and apparel to drive growth towards the back end of the mon
RECALL: Sport Maska Goalie Masks
Sport Maska Inc., the hockey equipment unit of Adidas AG, recalled 1,325 facemasks in the U.S. and Canada because they failed quality-control tests. Sport Maska said it hasn't received any reports of injuries from the FM5K masks, which were sold in M
Garmont Acquires Life-Link…
Garmont NA has acquired Life-Link Backcountry Travel from its parent company, Life Link International. The terms of the acquisition were not disclosed. Silver Steep Partners served as financial advisor to Life-Link Backcountry Travel. Life Link Internatio
Zumiez Comps Soar Again…
Zumiez Inc. recorded a June sales increase of 48.8% to $31.5 million from $21.2 million last year with another double-digit comps jump. Same-store store sales increased 13.7% for the month on top of a 12.4% in the year-ago period. On a recorded conference
