The adidas group reported that fourth quarter revenues grew 14% on a currency-neutral basis, driven by strong sales increases at both adidas and TaylorMade-adidas Golf. Reebok sales, however, declined. On a regional basis, sales grew by double-digit rates
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Keen’s Richardson to Become Chief of Corporate Social Responsibility
Kirk Richardson will step down from his current role as president of Keen to move into a new role as the company's chief of corporate social responsibility. Richardson was named Keen president in February 2006. His move follows the departure of the c
Whitewater Hall of Fame Transferred to Foundation
The Paddlesports Industry Foundation (PIF) has acquired the International Whitewater Hall of Fame (IWHOF) from its founder, the Adventure Sports Center International (ASCI). The deal will allow the non-profit ASCI to focus on running the center, which fea
Fluid Kayaks Hires U.S. Fulfillment House
South Africa's Fluid Kayaks has hired Peregrine Distribution Services, a division of Williston, Vt. to provide warehousing and order fulfillment services in the United States…
Puma AG Sees Growth Slow Again, But U.S. Slow Down Helps Margins…
After years of double-digit growth, Puma AG came back down to earth in 2007, posting weaker growth for the year despite the continued consolidation of former distributors and a growing owned-retail business, thanks in large part to a decline in the U.S. a
Globe Sees H1 Sales Improve…
Globe International, like the other Australian businesses with a bulk of sales in the U.S. saw currency exchange rates eat into what would have been strong results for the fiscal first half. The company saw H1 net sales grow 2.8% to $63.6 million, but wou
Head N.V. Sees Winter Sports Again Drag Down Overall Fourth Quarter Results…
Head N.V. ended a tough fiscal year with a tough fourth quarter as sales for both time periods decreased in the low-teens. The company said it was hampered by a sharp downturn in Winter Sports sales caused by the terrible 06/07 winter season that left ret
Under Armour Promotes Marino and Dickerson
Under Armour, Inc. promoted Wayne Marino to the newly-created position of COO from his previous role as EVP and CFO. Brad Dickerson is succeeding Mr. Marino as the company's CFO and will oversee the company's financial organization and lead the
US Ski and Snowboard Teams Partner with NY Branding Firm
With the 2010 Winter Olympics in Vancouver just two years away, The U.S. Ski Team and U.S. Snowboarding have partnered with a New York marketing firm to promote each team's brand at winter resorts throughout the United States. Brand Connections will
Winter Trails Attendance Grows Over 25% for 2008
Winter Trails reported that the 2008 edition of its program attracted more than 11,250 participants at approximately 80 locations in the U.S. That is more than a 25% increase over last year when a little over 8,000 attended. The largest event of the seaso
Globe Sees H1 Sales Improve 2.8%
Globe International saw net profit after tax (NPAT) for the first half improve by $4.8 million, reflecting an NPAT of $0.3 million for the December 31, 2007 half year, compared to a loss of $4.5 million for the previous corresponding period. The switch wa
Pure Fishing Names CEO
Terry Carlson has been named president and CEO of Pure Fishing, the fishing tackle company acquried by Jarden Corp. last year. Carlson takes over for acting Pure Fishing president, Tom Bedell. Carlson will oversee all of the Pure Fishing brands, which inc
Footjoy Renews Contract With the AJGA
FootJoy, one of the brands that make up the Acushnet Company, has extended its commitment to the American Junior Golf Association for another five years, through 2013. FootJoy, an Official Partner of the AJGA since 2004, will continue its sponsorship of t
Balle de Match to Takeover Kaelin Brand from Diadora
Diadora America, Inc., will transfer responsibility for the distribution of the Kaelin brand to Balle de Match starting July 1, 2008 under the terms of a recently signed Letter of Intent. Under the terms of the Letter of Intent, the Kaelin spring collecti
Hayes Brothers Snowboard Acquired
The Hayes Brothers Snowboard Company has been acquired by Ault Glazer & Co., Inc., a holding company that holds minority stakes in companies that make everything from medical devices and barbeque grills to comic books. Co-founder Stephen Hayes, will remai
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