Hayes Recalls Quick Release Device
The U.S. Consumer Product Safety Commission, and Hayes Bicycle Group of Mequon, WI announced a voluntary recall of the SunRinglé Hollow Quick Release devices for bicycles. Consumers should stop using recalled products immediately unless otherwise instruct
Billabong Acquires Skate Longboard Company Sector 9
Billabong International Limited has acquired Sector 9, a Southern California-based skateboard brand. Co-founders and owners Steve Lake and Dennis Telfer and co-owner Dave Klimkiewicz are being retained as part of the acquisition in their current roles. Se
Report: Steve and Barry’s Exploring Store Closings
Steve & Barry's LLC is readying plans to close more than 100 of its stores, and is contemplating a full liquidation should it not find emergency financing, the Wall Street Journal reported on its website. The article, citing people familiar with the
EUROBIKE Draws Record 900 Exhibitors
For the first time in its history, the EUROBIKE trade show has drawn more than 900 exhibitors amid rising interest in cycling in the host country Germany. The 17th annual show comes as high petrol costs, climate protection and a continuing trend towards f
Confluence Hires Verde P.R.
Confluence Watersports has hired Verde PR & Consulting as its public relations agency of record effective July 1. The news comes as Confluence prepares to relaunch its brands at Summer OR under new CEO Sue Rechner…
L.L. Bean and Barclays Launch Visa Card
L.L. Bean and Barclays announced the launch of a new Visa card they said will provide enhanced benefits to shoppers who use it to charge their purchases from the outdoors outfitter. The card will become available as a replacement for the L.L. Bean Visa ca
Boardworks Shifts Southeast, Mid-Atlantic Sales Structure
Boardworks has realigned the structure of its Central Florida, Mid Atlantic and New England territories. Carl Beaulac of Rainbow Distributing will assume selling and regional marketing responsibilities for Florida, except the Panhandle and parts of the Ca
ASICS Sales Up 16 Percent in 2008
ASICS Corp. reports increased sales for 2008, including a double-digit overall jump in net revenues. Overall, the company reported a 16.3 percent jump in net revenues for the fiscal year ended March 31 to $1.99 billion from $1.67 billion last year. U.S.
Sherwood-Drolet Under New Ownership
Investment firm Carpe Diem Growth Capital acquired Canada-based Sherwood-Drolet Inc., maker of Sher-Wood and SWD branded hockey sticks, in bankruptcy proceedings. Carpe Diem renamed the business Sher-Wood Hockey Inc., and appointed Ralph Trott, a former e
Olympia Sports Acquires Four Stores
Olympia Sports has acquired four stores from Sportshoe Center Inc. The stores are located in Wells and Scarborough, ME; Manchester, VT; and Lake George, NY…
Mizuno Opens New Distribution Center
Mizuno USA, Inc. has opened a new 300,000 square-foot distribution center at the Hamilton Mill Business Center in Buford, GA. The new distribution center is being built to accomodate the company's future growth…
Dick’s Pittsburgh Marathon Slated
The 20th running of the Pittsburgh Marathon, now renamed the Dick’s Sporting Goods Pittsburgh Marathon, will take place Sunday, May 3, 2009…
Saucony Signs U.S. Olympic Marathoner
Saucony, Inc. has signed Olympic marathoner Magdalena Lewy Boulet to a multi-year endorsement contract…
VF Corp. Raises Q2 Guidance
VF Corp., the parent of The North Face, JanSport, Eastpak, Vans and Reef, says it may beat second quarter profit guidance because of stronger earnings from operations and a tax benefit. The company said its profit could exceed the 80 cents per share it pr
NSGA Sporting Goods 2008 Sales Forecast
The projected sales for the running/jogging sector of the sporting goods market has shown steady improvement over last year and is expected to continue this growth in 2008. Sales of running and jogging clothing rose 25 percent to $909 million from $726 mi
