Shoe Pavilion reported Q1 net income of $352,000 or 5 cents per share for the first quarter of 2004, compared to a net loss of $1.3 million or (19 cents) per share last year. Net sales increased 5.3% to $19.6 million for the first quarter, from net sales
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Callaway Taps Hayes to Run Canada Subsidiary
Callaway Golf Company has appointed Doug Hayes to the position of President and General Manager of Callaway Golf Canada, Ltd, the Company's Canadian subsidiary. Hayes has spent 22 of his 24 years in the sports industry with adidas Salomon Canada, Ltd
LaCrosse Footwear Swings to Q1 Profit on 19% Sales Gain
LaCrosse Footwear, Inc. reported consolidated net sales of $23.7 million for the first quarter of 2004, up 19.4% from $19.9 million in the first quarter of 2003. Consolidated net income was $1.1 million, or 18 cents per share, in the first quarter of 2004
Schutt Sports to Sponsor Texas Football Coaches Association
Schutt Sports has agreed to a platinum sponsorship with the Texas High School Coaches Association for 2004-2005. The partnership recognizes Schutt as the “Official Football Helmet of the Texas High School Coaches Association”. The THSCA consists of high
The Wait is Over; Footaction Sale to Go Through
Footstar announced the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act in connection with its proposed sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to
Kelwood Appoints New VP of Int’l Trade Services
Wendy Wieland Martin has been appointed Kellwood vice president international trade services, according to Tom Austin, president of Operating Services Division of
Kellwood. In this new post, Wieland-Martin, most recently director trade services for Kellwo
Huffy Looking for Answers — and Help…
Huffy Corporation shares fell 24.0% last week to close at $2.22 on Friday, a share price that is now down almost 58% since the first of the year and down more than 72% from its 52-week high. The brands acquired through the acquisition of Gen-X that kept
Jetboil Wins ‘Gear of the Year’ Award
Jetboil Inc has received Outside magazine’s “Gear of the Year” award. In the magazine’s 2004 annual Buyer’s Guide, Jetboil is applauded for its convenience, speed, and efficiency, bringing liquid to a boil in about one minute…
Cloudveil Honored with International Advertising Awards
Cloudveil was recently honored by the Summit Creative Awards® and The Communicator Awards for its Fall ’03 consumer catalog and advertising campaigns. Cloudveil’s Fall ’03 “Soul Focus” advertising campaign garnered silver medal honors from the Summit Crea
OIF Sponsors ‘Get Fit with US’ Event
Outdoor Industry Foundation is the lead sponsor of the first Get Fit With US event to take place in St. Paul, Minnesota on June 5, 2004. The event, which coincides with National Trails Day, will launch an initiative developed by federal agencies t
Wanted: New Owner for Yet Another Venerable Sporting Goods Brand
Huffy Corporation has retained Lazard Freres & Co. LLC to advise the company on financing and strategic alternatives, “including the sale of the Company or of product segments within the Company”. With higher than anticipated costs associated with the re
Indigo Expands Sales Force
Indigo Equipment has hired three new sales representatives to cover the Rockies and Midwest territories for the growing Indigo brand, the company announced this week. Steve Srednick and Bobbi Bensman will represent Indigo in the Rockies, and Bill Gange wi
Collegiate Pacific Revises Q3 Guidance
Collegiate Pacific stated that operating income for the Quarter ending March 31, 2004 is expected to “Materially exceed” previous estimates of $1 million. The company said it is seeing signs of strong operating leverage as it moves into the second half of
SIA Wins Two SNAP Awards
The SIA was recently awarded two bronze awards from the Society of National Association of Publications (SNAP) for collateral pieces promoting the 2004 SIA SnowSports Show. SIA received these accolades in the multi-piece campaign and single piece categori
Guru Apologizes to Cervelo
Cervélo Cycles announced that their slander action
initiated against Guru has been settled. As part of the settlement Guru’s president Tony Giannascoli has offered a written apology in which he apologizes for “untrue statements” made by his sales staff. H
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