WSA Reports New Exhibitors
The WSA Show and The Collections at WSA (the luxury designer segment of the exhibition) will see a combined 87 new exhibitors at its upcoming show, according to the event's organizers. The show is being held in Las Vegas from February 12-14…
Escalade’s CFO Resigns
Escalade, Inc. said it has accepted the resignation of Terry D. Frandsen as vice president and chief financial officer. Robert J. Keller, Escalade's president and chief executive officer, said that the company and Frandsen had reached a mutual decis
When Trade Shows Feel More Like Job Fairs
Not unlike other trade shows this last month, the PGA Merchandise Show last week continued the mood as the usually festive atmosphere worked to fight its way to the surface. Thursday seemed slow and quiet, though weather and flight delays may have played
Delta Swings to Profit; Will Close Soffe Plant
Delta Apparel Inc. reported that sales growth for the fiscal second quarter ended December 27 was fueled by gains at the Retail-Ready division, which is comprised of the Soffe and Junkfood businesses, while the Activewear segment, comprised of the Delta a
Ortholite Sponsors Road Runners Club of America
OrthoLite has signed a sponsorship agreement to become the preferred insole partner of the Road Runners Club of America (RRCA) and the American Hiking Society (AHS)…
Asics and Brooks in “Dead Heat” at Fleet Feet
Brooks caught up to Asics at Fleet Feet in 2008, but New Balance, Saucony and Nike also gained market share at the chain. As reported, Fleet Feet’s sales grew 14% to $86 million in 2008 on a 12% comp gain…
Mizuno Lowers Outlook After Tough Q3
Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year through March 2009. The company now anticipates reporting a net loss for the fiscal year f
Pace Setters
The SGMA’s “2008 State of the Industry Survey” lists running as number four on the list of “Hottest Sports for Sales Growth in 2008” behind yoga / pilates, fitness walking and lacrosse. Women play a significant role in keeping running at the top of that l
Johnson Outdoors Q1 Net Sales Fall 8.2%
Johnson Outdoors Inc. had net sales of $69.8 million for the first quarter ended Jan. 2, 2009, an 8.2% decline compared to net sales of $76.0 million for the prior year quarter. Loss from continuing operations of $6.9 million, or 76 cents per diluted shar
U.S. Dept. of Education Allocates $70M to Get Youth Active
The U.S. Department of Education recently announced the availability of $70 million dollars for the purchase of products, including snow sports, that help activate children and for training on the use of such products, reported the SIA. The Carol H. White
GSI, Innotrac Terminate Buyout Deal
E-commerce companies GSI Commerce Inc. and Innotrac Corp. said Thursday have agreed to terminate a cash-and-stock buyout deal. GSI had agreed to buy Innotrac in October for $52 million, including $22 million in cash and the rest in stock. GSI's share
Jarden Appoints Deutsche Bank to Replace Lehman
Jarden Corporation has reached an agreement to settle all of its outstanding claims against Lehman Brothers related to the bankruptcy of Lehman and related entities and the subsequent defaults of Lehman Commercial Paper Inc., an affiliate of Lehman Brothe
RECALL: L.L. Bean Ice Cleats
The U.S. Consumer Product Safety Commission, in cooperation with the L.L. Bean Inc., today announced a voluntary recall of the Stabilicers Lite Cleats…
Element 21 Names CFO
Element 21 Golf Company, the manufacturer of Scandium Alloy golf and biofiber fishing equipment, appointed David Khazak as chief financial officer. Khazak is a chartered accountant with over eighteen years of experience in public accounting…
Confluence Moves Composite Manufacturing to China
Confluence Watersports will be manufacturing the entirety of its composite boat program in China, effective June 2009. While ultimately it is a decision to lower the costs associated with manufacturing composite boats in the Easley, S.C. factory, the com
