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American’s Drive 4.4% Fewer Miles in September

Americans drove 4.4% less, or 10.7 billion fewer vehicle miles traveled (VMT), in September 2008 than September 2007, the eleventh-straight month of declining driving. The bad news, the decline has cost the Highway Trust Fund, the primary source of federa

PGA of America Elects Remy as President

Jim Remy of Ludlow, Vt., was elected the 36th president of The Professional Golfers' Association of America by delegates at the association's 92nd annual meeting in Phoenix, Ariz. Remy previously served as secretary of the association from 2004-

Amer Sports Lowers Guidance Again

Amer Sports Oyj lowered its guidance for the second time this year after reporting a 6% decline in net sales in the third quarter to €433.2 million ($595.3 mm) as rapid growth in outdoor footwear and apparel and a solid performance from its ball sports se

Amer Sports Reports Sagging Fitness, Rising Outdoor Sales

Amer Sports said its net sales decreased 6% to €433.2 million, ($658.5mm) in the third quarter ended Sept. 30 due to later shipments of snowsports equipment and plummeting consumer sales of fitness equipment in North America. The company’s outdoor brands,

Klip America Becomes Boris Becker Equipment Licensee

Boris Becker & Co of Baar Switzerland and Klip America of San Diego/California USA jointly announced that Klip America will become the licensee for Boris Becker tennis rackets and equipment in the US, Europe, Australia, Africa and parts of Asia.As per the

Court Dismisses Tobacco Claims Against Amer Sports

The District Court of Helsinki has dismissed all claims for damages based on Amer Sports Corporation's already discontinued tobacco business. The District Court of Helsinki ordered the plaintiff's to compensate all the legal costs Amer Sports Co

American Recreation Products Replaces President

George Grabner “retired” unexpectedly as president of American Recreation Products (ARP) last week after 16 years serving in the post. He was replaced the same day by Jim Baumann, who spent most of the last 15 years running the nation’s largest operator o