FIFA/Kappa Licensee Establishes Offices in New York and L.A.
Total Apparel Group, Inc., which was recently selected as the official U.S. Master Distributor of FIFA and FIFA World Cup licensed product, has opened new locations in New York and Los Angeles. In an effort to manage the sales and marketing requirements f
WTU Support of 4-H Shooting Sports Exceeds $100,000
For nearly two decades Whitetails Unlimited has been financially supporting the 4-H Shooting Sports, and this year they are once again providing a donation to support their 2009 National/Regional Instructor Training Workshop. This year's workshop was
Conservation Alliance Ad Raises $105,000
The Conservation Alliance’s third annual Ads for the Earth Auction, an online sale of advertising space, raised $105,000. The auction consisted of ad space donated by Alpinist, Backcountry, Backpacker, Men’s Journal, National Geographic Adventure, Outside
Nautilus SVP, GM Timothy Joyce Leaves Company
In a May 15, 2009 SEC filing, Nautilus, Inc. announced the departure of its Senior Vice President and General Manager, Timothy Joyce, to be effective immediately. The one-sentence filing didn’t provide any additional information…
JJB Sports Strengthens Management Team
JJB Sports plc, the UK sporting goods chain, appointed Lawrence Coppock as finance director and Colin Tranter as director of retail and product…
Easton-Bell Q1 Profits Decline on Tighter Margins
Easton-Bell Sports, Inc. had net sales of $184.9 million for the first quarter ended April 4, an increase of 1.5% as compared to $182.1 million in revenues in the year-ago quarter. The revenue increase was dampened by the strengthening of the U.S. dollar
Bike Industry Wins Two-Year Stay on Lead Law
The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c
Heelys to Stay Independent; Domestic Business Halved in Q1
Heelys Inc. has completed a strategic review of its options and has decided to continue to go at it alone in the market. The Board of Directors reportedly looked at alternatives to acquire other brands-or to be acquired-and decided to stay focused on tur
Shimano Inc. Reduces Full Year Outlook after Q1 Sales Decline
Shimano, Inc. reported that revenues for the first quarter declined in double-digits, but net income improved thanks to a boost in non-operating income and lower taxes. Net revenues fell 18.9% to ¥45.1 billion ($483 mm) for the period ended March 31, com
Gildan’s Fiscal Q2 Net Plummets on Lower Sales, Weaker Margins
Gildan Activewear Inc. reported that net earnings for the company’s fiscal second quarter fell more than 83% to $7.1 million, or 6 cents per diluted share, for the period ended April 5, compared with net earnings of $42.1 million, or 35 cents per diluted
Adams Golf Q1 Net Halved on Double-Digit Sales Decline
Adams Golf reported that net sales declined 16.2% to $23.5 million in the first quarter from $28.0 million for the year-ago period. The company had net income of $0.4 million, or 5 cents per fully diluted share, for the first quarter 2009, as compared to
Forzani Responds to Dissident Proxy Announcement
The Forzani Group Ltd. said it recommends that shareholders oppose plans announced late yesterday by Crescendo Partners to nominate its own slate of two directors for election to FGL's board of directors. Crescendo is a New York-based hedge fund…
CW-X Expands Marketing Campaign
Wacoal Sports Science Corp., which operates the CW-X performance apparel brand, announced details of an expanded advertising push including many interactive elements. CW-X print advertising will be seen in Inside Triathlon, Runner’s World, Shape, Triathle
Wal-Mart Posts Flat Q1 Profits
Wal-Mart Stores Inc reported a flat quarterly profit as the stronger U.S. dollar offset increased sales from shoppers seeking deals in its stores amid a global economic slowdown. Profits were flat at $3.02 billion for its fiscal first quarter ended April
Kohl’s Q1 Comp Sales Slide 4.3%, Increases FY09 Guidance
Kohl’s Corporation reported net income for the quarter ended May 2, 2009 of $137 million, or 45 cents per diluted share, compared with $153 million, or 49 cents per diluted share, a year ago. Net sales were $3.6 billion, an increase of 0.4% for the quarte
