Dick’s Sporting Goods May Be Eyeing Golf Specialty Format
The Pittsburgh Business Times is reporting that Dick's Sporting Goods is testing a new golf specialty store format near its headquarters in Pittsburgh, Penn. The Times cited sources from the planning office in suburban Robinson Township where Dick’s
Fila Partners with Muddy Buddy Race Series
Fila and Land Rover Certified Muddy Buddy, a unique series of trail running and mountain biking races, announced a partnership for the 2006 Land Rover Certified Muddy Buddy Ride and Run Series. Fila is the official footwear and apparel sponsor for the rac
Dynacraft Answers Questions on Quality Control
Dynacraft BSC Inc. addressed quality control issues raised during a recent lawsuit that was rejected by a jury as unsubstantiated. On February 9, 2006, a 12-member civil jury unanimously rejected claims that Dynacraft and Wal-Mart Stores Inc. sold bicycle
Nike Inc. Easily Beats Fiscal Q3 Street Estimates…
The Nike, Inc. fiscal third quarter analyst conference call last year featured a newly minted CEO conducting his first such call in his new role. It was déjà vu all over again this year as Mark Parker made his conference call debut as CEO of Nike Inc. W
London Fog Files for Chapter 11; Perry Ellis Eyes Pacific Trail…
The London Fog Group, parent company to Pacific Train, Moonstone, Pac Tec, Black Dot Clothing, and Northern Exposure, filed for Chapter 11 bankruptcy as a result of the group being unable to secure sufficient working capital and other financing to properl
Yue Yuen Fiscal First Quarter Sales Jump Over 17% on Strength in All Regions…
Yue Yuen fiscal first quarter sales increased 17.6% to $878.0 million and net profit increased by 16.0% to $85.9 million for the period. Due to the adoption of new Hong Kong Financial Reporting Standards, however, net profit was restated to $74.0 million
Conservation Alliance Gives $250,000 in Grants
The Conservation Alliance sent checks totaling $250,000 to ten organizations working to protect wild places throughout North America. The donations marked the Alliance’s first disbursal of funding for 2006, and the largest single round of funding in the o
Paul Frank Suing Former Company
Paul Frank, whose full name is Paul Frank Sunich, is suing the company he helped create and which fired him in November. He claims both that he was terminated without reason and that he is being denied his proper share of the profits…
Wolverine Reaffirms Guidance in Light of EU Changes
Wolverine Worldwide, Inc. reaffirmed its previously announced 2006 estimates of revenue in the range of $1.11 billion to $1.13 billion and earnings per share in the range of $1.34 to $1.40 in light of the recently announced trade provisions regarding impo
Marriott Gold Appoints New Head Golf Pro
Marriott Golf promoted Charles Sheppard to Head Golf Professional at the Grande Pines Golf Club, in Orlando, Florida. In his new role, Sheppard will be responsible for overseeing all golf shop operations, retail merchandising, outings and tournament coord
Phoenix Footwear Posts Q4 Organic Sales Decrease
Phoenix Footwear Group, Inc. reported net sales for the fourth quarter increased 60.2% to $33.2 million, compared to $20.7 million for the fourth quarter a year ago. The strong top-line performance during the quarter was driven by “robust” growth from the
Suunto Enter Golf Market; Inks Deal with Davis Love III
Suunto has signed PGA veteran Davis Love III in a multi-year, international agreement to promote the new Suunto G6 wristop golf computer. The Suunto G6 is slated for release in spring 2006 at pro shops and select sporting goods dealers nationwide…
Colorado ‘Romp to Stomp’ Event Raises $65,000
Over 1500 people attended the fourth annual Romp to Stomp Out Breast Cancer event at the Frisco Nordic Center in Frisco, CO and raised over $65,000 for the Denver Metropolitan Affiliate of the Susan G. Komen Breast Cancer Foundation. This is an increase o
WESC Partners with Nokia
Nokia Scandinavia and WESC have joined forces to launch a special edition of the new music-mobile Nokia 3250. The Nokia 3250 WESC Limited Edition will be manufactured in 500 copies and is designed by WESC…
Golfsmith Files for IPO; Look for ‘GOLF’ on a Ticker Near You…
Golfsmith International Holdings, Inc., last week filed an S-1 registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The company, which expects to trade on the NASDAQ u
