Grenade Gloves Hires New Sales Manager
Grenade Gloves hired Marty Carrigan as West regional sales manager. Carrigan comes to the company with an extensive background in equipment, apparel and accessories for the action sports industry, with a heavy emphasis on winter sports. He earned a degree
Tender Corp. Secures Private Equity
Tender Corp., a major provider of insect repellents and other health products to outdoor retailers, said it secured a major investment from private equity firm Prospect Partners, LLC, of Chicago, Ill. Terms were not disclosed…
Deckers Expects to Exceed Q3 Guidance
Deckers Outdoor Corporation expects third quarter 2008 sales, ended Sept. 30, to be approximately $195 million, which would represent an increase of 51% over 2007 levels, up from its previous guidance of an increase of approximately 34%. Based on higher t
PacSun’s September Comps Drop 5%
Pacific Sunwear of California Inc. reported that total PacSun sales for the five weeks ended Oct. 4 were $91.2 million, a decrease of 4% from total PacSun sales of $95.1 million a year ago. Comps decreased 5%. As a result of increased markdown activity,
World Central Banks Cut Base Rate to Stem Crisis
The U.S. Federal Reserve led a global round of emergency interest rate cuts on Wednesday to shore up confidence in markets shaken by the world financial crisis. The Fed said it was cutting its key federal funds rate by 50 basis points to 1.5%. China, the
Golf Rounds Increase in August
National golf rounds played in the U.S. were up 4.4% in August 2008 vs. August 2007, bringing the year-to-date total to 0.5% under last year's results, according to Golf Datatech. Year-to-date, the best-performing region compared to last year has bee
UST Promotoes VP of Engineering and Technical Sales
United Sports Technologies (UST) has promoted Robb Schikner as its new VP of engineering design and technical sales. Schikner has more than 17 years of golf shaft design expertise and previously served as UST’s director of engineering design and technical
New Balance Expands Product Management Team
New Balance has added two new members to its product management team. Tom Carleo has been named GM for the running and outdoor business units and Mark Cavanaugh will be strategic business unit manager for sport and outdoor. Both Carleo and Cavanaugh will
Lotto Sport Opens New Hong Kong Office
Lotto Sport Italia S.p.A. has opened a new Lotto Sport Hong Kong office. This subsidiary of Lotto Sport Italia will co-ordinate and handle the production, commerce and the logistics of the Asia Pacific and Americas regions. In addition, the Hong Kong bran
Nordstrom Sees Decreased September Comps, Lowers Q3 Expectations
Nordstrom, Inc. saw preliminary sales of $718 million for the five-week period ended Oct. 4, 2008, a decrease of 5.8% compared to sales of $762 million for the five-week period ended Oct. 6, 2007. Same-store sales decreased 9.6%. Preliminary quarter-to-da
Crocs Names Former Levi Strauss COO to Board
Crocs Inc. named former Levi Strauss & Co. president and COO Peter Jacobi to its board of directors. Prior to his retirement in 1999, Jacobi led a restructuring that included a transition to a consumer-focused brand management organization…
Tracey Lynn Hires Director of Sales
PGA member Andrew M.Tucker, former head professional at Lakewood Country Club and Woodmoor Country Club, has been named director of sales for Tracey Lynn, the Denver-based women's golf apparel maker. The 23-year golf professional will establish Trace
Container Imports Forecast to Decline 6.5% this Year
Cargo volume at the nation’s major retail container ports is now expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy, according to the monthly Port Tracker report released
Coleman Names New Sales VP
The Coleman Company Inc. has named Michael Bach VP of sales with responsibility for leading the field sales team and the food/drug and home channels. His team will focus on key accounts within mass, sporting goods and other specialty channels and expand t
Conservation Alliance Sends out Second Round of Checks
The Conservation Alliance sent checks totaling $450,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final funding disbursal for 2008, and brings the year’s total to $900,000. This round
