William S. Nicoll will join Salomon USA as its vice president of Salomon USA based in Ogden, Utah. Nicoll brings to Salomon decades of experience on both the vendor and retail sides of the ski and outdoor business. He served the past eleven years as Dire
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Exel to Shutter N.A. Operations; Inks Distribution Deal with Alpina
Alpina Sports Corp will take over distribution of all Exel products in North America Effective January 1, 2008, including Nordic, Alpine poles and racing equipment, Roller and in-line poles, trekking and Nordic Walking.
Exel Sports will be closing down th
adidas Group Posts Solid Q3; Sees Big 2008 Gains…
The adidas Group posted a decline in top-line sales for the third quarter, but the numbers were greatly impacted by currency fluctuations and continued declines at Reebok. The brand adidas business was impacted somewhat in Europe by tough soccer apparel
Puma AG Third Quarter Sees Both Downside and Upside in U.S. Mall Sales Decline…
Puma AG took another hit to the top-line in the third quarter as a tough U.S. mall business and the largest player in the channel continued to severely impact overall footwear sales growth for the period. The EMEA region also saw some challenges of its o
Head N.V. Sees Heavy Q3 Impact From Slowing Winter Sports Market…
As anticipated, the poor snow last year is now adversely impacting Head N.V. results in the third quarter as retailers remain conservative in their orders of skis and snowboards. Heavy declines in Winter Sports were partially offset by gains in all other
Nautilus Urges Shareholders to Vote Against Sherborne Proposal
Nautilus, Inc. mailed to following letter to its shareholders urging them to vote against a proposal made by Sherborne Investors LP and its affiliates, a group of NLS investors. The current Nautilus board stated that Sherborne is trying to take control of
Mountain Hardwear Gives Back
The Mountain Hardwear Gives Back Grant program has a new youth-centered focus fgoing forward. Now in its third year, the Gives Back grant program continues to grow in both programs and funding and is administered by a board of Mountain Hardwear employees.
Aldila’s Q3 Revs Slide 19%
Aldila Inc. reported Q3 sales fell 19% to $13.2 million from $16.3 million. Net income fell 76% to $687,000, or 12 cents a share, from $2.9 million, or 51 cents, a year ago. Excluding a year-ago special credit, net income in the latest quarter was down 59
adidas Sees Strong Q3 Bottom Line Growth on Flat Sales
adidas reports third quarter group revenues grew 3% on a currency-neutral basis driven by sales increases at both adidas and TaylorMade-adidas Golf. Reebok sales, however, declined. Group sales in euro terms declined 0.3% to € 2.94 billion ($4.04 bn) in t
Puma Q3 Sales Decline but Futures Looks Brighter
Puma AG reported that third quarter consolidated sales were €670 million, down 4.1% from €699 million ($892 mm) in the 2006 third quarter when measured in Euro terms, or down 0.5% when measured on a currency-neutral basis. By segments, footwear decreased
Kellwood Creates New Strategic Plan
Kellwood Company will be launching a new long-term financial plan. The company's five-year strategy focuses on reinvigorating its legacy businesses, expanding into higher profile, better and above price point brands, connecting more directly with con
SIA Moves Tradeshow to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver starting in January 2010 from Las Vegas . SIA has signed an agreement to hold the event in Denver for ten years. In an exclusive interview, Bob Gundram, chairman of SIA's
Luxottica Sees Sunglass Hut Drive Growth in N.A…
Luxottica Group management shed some light on the thinking behind their $2.1 billion deal to buy California sports optics maker Oakley Inc., pointing out in a conference call with analysts that North American sales of premium sunglasses were a bright spo
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
Garmin Reports 24% Rise in Fitness/Outdoor Sales
Garmin Ltd. said its outdoor/fitness sales grew 24% to $88 million in the third quarter and that retail orders indicated holiday sales of personal navigation devices, or PNDs, would be strong. Outdoor/fitness was the second largest and third fastest grow