The SnowSports Industries America is reporting that snow sport sales for the 2007 August to November period reached $897 million, an increase of just 2% over last season’s anemic early season sales…
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SIA Attracts 72 Brands to New ECOsource Exhibit…
SnowSports Industries America (SIA) said 72 brands will show products made from recyclable or sustainable materials its inaugural ECOsource exhibit at SIA.08 SnowSports Trade Show. That marks a record high participation rate for a first-time product show
Johnson Outdoors Incurs Charge for Escape
After two years and millions of dollars of investment, Johnson Outdoors Inc. said it was “exploring strategic alternatives” for its money-losing Escape brand of electric-powered boats and shifting resources to its paddle sports brands…
Kellwood Extends Cash Tender Offer
In response to the unsolicited takeover bid by Sun Capital Securities Group, Kellwood Co. is extending the deadline of its cash tender offer of up to $60 million in notes from Jan. 23 to Jan. 30…
SIA Retail Audit: Snow Sports Sales Up 2% Through November
SnowSports Industries America is reporting that snow sport sales for the 2007 August to November period reached $897 million, an increase of 2% over last season’s anemic early season sales. The trade group, which represents manufacturers and distributors
Report: Nike Close To Selling Bauer
Nike is close to completing a deal to sell Nike Bauer to a financial buyer from outside the industry, according to Canada's Globe and Mail. Sources told the newspaper that Easton-Bell Sports and Mission-Itech both left the bargaining table after the
Johnson Outdoors to Divest Escape Brand; Re-aligns Watercraft Group
Johnson Outdoors Inc. is exploring strategic alternatives for its Escape® brand products and stepping-up support behind paddle sport segment growth initiatives. As a result, the company has incurred $1.3M in impairment charges related to inventory and fi
PEP Grants Reach $75.7 Million
The Sporting Goods Manufacturers Association (SGMA) said $75.655 million in PEP (Carol M. White Physical Education Program) grants will be awarded for the 2008 calendar year. That represents almost $3 million more than was distributed in 2007…
Nautilus, Completes Line of Credit Deal
Nautilus, Inc. announced that it has signed its new line of credit agreement with Bank of America, N.A. The facility is an underwritten 5-year, $100 million asset-based loan with an accordion feature to increase the line of credit to $125 million…
Golf Report: Nex-LvL Golf to Distribute Head Ski and Snowboard Apparel
Nex-LvL Golf Inc. has acquired the distribution rights for North America under the HEAD brand for Ski and Snowboard apparel. Nex-LvL Golf adds the ski and snowboard license to its existing HEAD Golf and Tennis license for the North American market.
Ryka to Produce Kelly Ripa Collection
Ryka, which is owned by American Sporting Goods, announced a business partnership with Kelly Ripa. Ripa will co-design a footwear and apparel collection to include active and lifestyle products and will serve as Ryka's official spokesperson effective
Reebok’s Kaigler Joins Nintendo
Denise Kaigler, long-time PR exec for Reebok, has been named vice president of Marketing & Corporate Affairs for Nintendo of America. She was with Reebok for 16 years…
Orvis Joins Coalition to Help Restore Penobscot River
The Orvis Company announced a matching grant challenge in partnership with the National Fish and Wildlife Foundation (NFWF) to raise $150,000 to help remove dams on Maine's Penobscot River. Orvis and NFWF will match donors' contributions turning
Women’s Pro Soccer Unveils Name/Mia Hamm-Inspired Logo
The women’s professional soccer league launching in Spring 2009 now has a name, Women’s Professional Soccer (WPS). With the unveiling of the league logo and launch of its website, www.womensprosoccer.com, WPS made its official debut at the National Soccer
Snow Boosts Jarden’s Winter Sports Sales
Jarden Corporation said fourth-quarter revenue and operating profits related to its winter sports business were in line with expectations. CEO Martin Franklin said strong early snow conditions, particularly in North America, favored its winter sports line