Patagonia launched its “Voice Your Choice” campaign in which it invites customers at each of its stores nationwide to select a at stores nationwidelocal environmental organization to receive a $4,000 grant. Consumers can cast their ballots in a Patagonia
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Rollen Jones Brings Experience to Schutt Sports
Boosting experience to their senior management team, Schutt Sports, Inc. has appointed Rollen Jones as the company’s CFO. Jones will oversee the company’s accounting, finance, treasury and human resources operations. The move continues the company’s re-st
Quiksilver Sees Rossignol Divesture Impact on Bottom Line; DC a Plus in Softgoods…
Quiksilver, Inc. officially ran up the white flag on its hardgoods business at the end of the fiscal second quarter as it separated the Rossignol business into discontinued operations, while taking a hefty charge on the bottom line. The company took a $24
Reebok Expands Brazil/Paraguay Distribution to Argentina…
adidas has expanded its South American partnership with Brazilian shoe company Vulcabras S.A.. The pair have now formed a joint venture to distribute Reebok footwear, apparel and accessories in Argentina. adidas said the transaction does not affect sales
Lululemon Athletica Lowers Guidance; Investors Get Spooked…
Lululemon Athletica lowered its forecast for the year despite more than doubling revenue, because incremental hires and other strategic initiatives undertaken by its soon-to-be CEO are raising SG&A costs…
SGMA: Fitness Activities See Increasing Participation…
According to the SGMA's Sports & Fitness Participation Report, strength, conditioning, and aerobic activities are driving sports participation through increases in health/fitness club memberships and strong interest in home gyms. U.S. membership in h
Collective Brands Gets Lift from Stride Rite, but Jury Award Hits the Bottom Line…
Collective Brands Inc. took a big hit at the retail cash register at its Payless retail division in the fiscal first quarter ended May 3, but the acquisition of Stride Rite, which was not in the numbers in Q1 last year, provided a nice boost to the top-li
SGMA: Fitness Activities See Increasing Participation
Strength, conditioning, and aerobic activities. Those types of fitness pursuits are inspiring millions of Americans to perspire these days. According to the Sporting Goods Manufacturers Association’s (SGMA) Sports & Fitness Participation Report (2008 ed
Hardy and Greys Looks to Expand in U.S. Market
Continuing demand and strong sales growth for the company’s products has encouraged Hardy & Greys Ltd to set up their second international subsidiary after the successful launch of the Hardy & Greys GmbH in 2007. This new subsidiary company, based in Lanc
Adidas May Owe Oregon $82 Million
Adidas AG may have to give the state of Oregon $82 million of its winnings in a trademark-infringement case against Payless ShoeSource. According to Bloomberg News, Oregon is entitled to 60% of punitive damage awards that involve state-law claims, the sta
Vail Resorts Reports 5.5% Rise in Mountain Revenue
Vail Resorts, Inc. reported that Mountain revenue increased $17.0 million, or 5.5%, in the third quarter of fiscal 2008 to $325.7 million from $308.7 million for the same quarter last fiscal year. Mountain operating expense increased $4.8 million, or 3.1%
NPS Director Bomar to Keynote IMBA Summit
National Park Service Director Mary A. Bomar will give a keynote address at the International Mountain Bicycling Association's (IMBA) 2008 World Summit. One of the U.S. government's most senior officials charged with managing federal lands, Dire
Quiksilver Income Up 19.4% Without Rossignol
Quiksilver Inc. reported a net loss of $240.2 million for the second quarter ended April 30 after classifying its Rossignol business as a discontinued operation. But the company said its income from continuing operations rose 19.4%. Revenues were up 15% t
NSGA: Sporting Goods Sales to Be Flat in 2008
Retail sales of sporting goods, including footwear, apparel and equipment, are expected to be just below flat to last year by the National Sporting Goods Association (NSGA). Sales are forecast to reach $53.4 billion for 2008, down slightly from the $53.5
CSGA Awards Flood with Lifetime Membership Award
The Canadian Sporting Goods Association (CSGA) has named Doug Flood the recipient of the association’s Lifetime Membership Award. Flood was chairman of the board for the CSGA from 2004 to 2006 and currently serves as the VP, sales and marketing for Nature
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