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…
Kobe Bryant Jersey Tops NBA Sales
Based on sales at the National Basketball Association’s New York store and on the Internet, Los Angeles Lakers guard Kobe Bryant's jersey is again the most popular among fans. Bryant’s No. 24 jersey has been the top seller since the start of the 2008
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
RECALL: Outdoor Research Warming Gloves
The U.S. Consumer Product Safety Commission, in cooperation with Outdoor Research, Inc., has announced a voluntary recall of “Primovolta” and “Primavolta” Warming Gloves. Consumers should stop using recalled products immediately unless otherwise instructe
Delta Apparel to Close Fayetteville Textile Plant
Delta Apparel, Inc. plans to close its textile manufacturing facility in Fayetteville, NC. In continuing the company’s manufacturing improvement strategy, the company is consolidating the textile production for its M. J. Soffe business, currently produced
Pro Football Tops “Favorite Sport” List Again
When asked to choose which one sport is America’s favorite, pro football tops the list with 31% of those who follow sports, followed by 16% who say baseball is their favorite, according to The Harris Poll. Rounding out the top five favorite sports are col
Canadian Company to Pay U.S. More Than $1 Million for Sale of Defective Bullet-proof Vests
Barrday Inc. and two related companies have agreed to pay the United States more than $1 million to resolve allegations that they violated the False Claims Act in connection with their role in the weaving of Zylon fabric used in the manufacture and sale o
GCI Outdoor and RIO Brands Launch Integrity Outdoor Brands
GCI Outdoor Inc. and RIO Brands have launched Integrity Outdoor Brands, a joint venture bringing GCI Outdoor together with RIO Adventure and San Angelo, the sporting goods and hunting divisions of RIO Brands…
