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PPA and TAPS Drop Unification Plans

The Professional Paddlesports Association (PPA) and the Trade Association of Paddlesports (TAPS) spent the past year discussing unification of the Paddlesports industry into a new trade association. The TAPS Board of Directors met December 6 and 7 in a bo

SIA Works with Congress to Reduce Tariffs

SnowSports Industries America has had another success in its efforts to reduce tariffs on imports of manufactured snow sports products. In cooperation with the SIA’s law firm of record, DLA Piper US LLP, SIA worked with members of Congress to extend duty

Nike Adds Four to VP Roles

Nike, Inc. named Dermott Cleary as vice president of sport culture and category marketing. In addition, Diana Crist is now global apparel vice president of merchandising operations; Larry Harper becomes vice president of US geographical business units; an

Flow and K2 Sports Resolve Binding Dispute

Flow International and K2 Sports have resolved their binding patent dispute. Under the terms of the agreement, each binding brand will continue to be offered to the snowboard market. The joint announcement was made by Flow International Division Manager,

adidas Opens Originals Store in Toronto

adidas has ventured onto Toronto's fashionable Queen Street with the official opening of the first adidas
Originals store in the city. Located at 389 Queen Street West, the latest adidas Originals store addition occupies a total of 2,240 square feet.

Quiksilver Adds NBA Exec to Board

Quiksilver, Inc. has named Heidi Ueberroth to its Board of Directors. Ms. Ueberroth currently serves as the President, Global Marketing Partnerships and International Business Operations for the National Basketball Association. She is responsible for dire

VF Corp. to Withdraw Pacific Exchange Listing

VF Corporation plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Exchange. VF's common stock will continue to be listed on the New York Stock Exchange. VF has decided to withdraw its listing from NYSE Arca,

Brooks to Sponsor SEAFAIR Sports Festival

Brooks Sports, Inc. inked a deal as the Official Running Shoe and Apparel Sponsor of SEAFAIR Sports. The recently signed sponsorship agreement gives hometown company Brooks exclusivity in the running shoe and apparel category for SEAFAIR’s Marathon, Triat

FeelFree Kayak Opens New Bankok Factory

Feelfree Kayak transitioned to a new production facility in Bangkok, Thailand. This multi-storied, state of the art facility houses production Feelfree Kayaks as well as Feelfree Waterproof Gear and Accessories…

Vail Resort’s Fiscal Q1 EPS Flat on 33% Revenue Gain

Vail Resorts, Inc. first quarter of fiscal 2007 total revenues increased $28.1 million, or 32.9% to $113.5 million from $85.4 million for the comparable period last fiscal year. Loss from operations for the quarter increased $1.0 million, or 2.0%, to a lo

Players Gripe About New Spalding Ball…

Before the season even began, there were grumblings of discontent from players about the new game ball introduced by Spalding and the NBA. The new composite microfiber ball replaced the traditional leather ball after testing it during summer league play.

Heelys Rolls Ahead 51% in First Day’s Trading…

The Heelys IPO officially launched on Thursday and the market priced the 6.425 million share offering well above original estimates. Heelys offered 3.125 million shares of common stock and certain existing stockholders offered the remaining 3.3 million sh

Forzani Group Thanks Weather for Strong Q3…

The Forzani Group benefited from its recent Fitness Source acquisition, an extended back-to-school season, and accelerated sales trends in October to report strong third quarter sales and earnings. Without the additional revenue from Fitness Source, the

G-III Posts Strong Q3; Increases Guidance…

G-III Apparel Group, Ltd. managed growth in sales through both the margin and expense line to produce a steep gain on the bottom line.
On the sports side of the company’s business, it is in the process of launching an Alyssa Milano collection of juniors