SGMA unveiled the first results from its new partnership with OIA, SIA, TIA and NGF to produce a more complete look at participation rates across the markets that make up the sporting goods industry. SGMA released its Sports Participation in America repor
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Nautilus Cuts 80 HQ Jobs
Nautilus, Inc. plans to reduce its workforce by 140 positions, including 80 spots at the company's headquarters. The rollback will cause the company’s expense line to be diminished by “more than $10 million on an annualized basis.”…
Rusty Names New Design Director
Rusty North America, the surf brand, appointed Murphy Martines as its director of merchandise and design. Martines most recently was creative director for their action sports divisions of Redsand and Gotcha at Perry Ellis International…
O’Neill Clothing Appoints Two Key Execs
O'Neill Clothing announced the appointment of Marty Mathiesen to the position of VP of Men's Sales and Rhea Aslin as the VP of Juniors Merchandising. Most recently, Mathiesen worked for Reef while Aslin worked for Lucky Brand. Mathiesen succeeds
MLB Launches Schools Initiative in China
Major League Baseball International (MLBI) will launch a grassroots youth baseball program, Play Ball!, in five cities across China this fall. The program will be incorporated into the physical education curriculum for students aged eight-to-12 in 120 ele
Pro Golf Franchisor Acquired By Investment Group
Pro Golf of America Inc., the franchisor for 80 independently owned Pro Golf stores, has been acquired by an investment group in bankruptcy proceedings. Terms of the deal were not disclosed. Pro Golf’s assets were sold after Ajay Sports Inc., the former m
Nautilus Slashes 140 Jobs
Nautilus, Inc. plans to reduce its workforce by about 140 positions, including about 80 at the company's headquarters, to trim its expenses by more than $10 million on an annualized basis. The adjustments equate to about 9 percent of the company'
Nautilus Renegotiates Debt Agreement
Nautilus, Inc. signed a proposal letter with Bank of America, N.A. to expand its current debt facility to a 5-year, $150 million asset-based loan with a $50 million accordion. The fitness company has targeted to close the new facility by year-end 2007, su
The Conservation Alliance Distributes $400,000 in Grants
The Conservation Alliance sent checks totaling $400,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final disbursal of funding for 2007, and represent the largest single funding round in
Petzl Inks Deal with CenterStone Technologies
CenterStone Technologies announced that Petzl, with North American operations based in Clearfield, Utah, is now “live” for specialty retailers on the company’s iVendix software application. iVendix provides a business-to-business (B2B) online ordering sys
CenterStone Adds Fresh Produce Sportswear to Client List
CenterStone Technologies, Inc. announced that Fresh Produce Sportswear of Boulder has gone “live” with the company’s EscapeTM software for their sales reps. The EscapeTM solution provides Fresh Produce with a business-to-business (B2B) ordering solution f
Nike Names CEO of Hurley; VP of Global Apparel
Nike, Inc. named Jill Stanton as VP of global apparel for the Nike brand. She succeeds Roger Wyett, who has been named CEO of Hurley International. Joe Serino, who brings over 25 years of experience in the apparel industry, will become the new VP of appar
Iconix Brings on New Board Member
James A. Marcum has joined the Iconix Brand Group, Inc., Board of Directors. Since January 2004, Mr. Marcum has been a Partner and has served as an Operating Director of Tri-Artisan Capital Partners, LLC, a merchant banking firm. In addition, since April
Quiksilver Opens Store in Toronto
Quiksilver has opened a 2,300-square-foot, company-owned, full-priced retail store on Queen Street in the heart of one of Toronto's most vibrant communities. The new store, the company's second in Canada, offers a distinctive selection of Quiks
Collective Brands Lays Out Its New Model…
Collective Brands, Inc. gave the market a peek inside its business model at its recent shareholder meeting, providing investors, analysts and the media with a pretty comprehensive look at a model that merges once divergent wholesale, retail and licensing
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