Amer Winter & Outdoor Americas has named Matt Kaplan as vice president and business director of Suunto North America. Stepping up from his current position as National Sales Director for Suunto North America, Kaplan brings 12 years of outdoor and action s
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adidas Group Passes €10 Billion Mark for 2006
adidas Group sales increased 53% on a currency-neutral basis for the fiscal 2006 year, due in large part to the first-time consolidation of Reebok. In euro terms, Group revenues grew 52% to €10.08 billion ($12.7 bn) in 2006 from €6.64 billion ($8.3 bn) in
SGMA: Sporting Goods Industry Hits $66 Billion
The U.S. sporting goods industry is a $66 billion business at wholesale. Its growth rate is greater than the national average, technology is at the core of product innovation, and fitness gear continues to be the number one equipment category. Those wer
Foot Locker Q4 Net Rises 17.7% Despite Decline in Comps
Foot Locker Inc. reported net income rose 17.7% to $113 million, or 72 cents a share, from $96 million, or 61 cents, a year ago, helped by special items. Sales increased 5.6% to $1.65 billion from $1.56 billion, reflecting an additional week in the curren
Franklin Sports to Cover Tab for Early SGMA Spring Market Registrees
Franklin Sports has agreed to pick up the tab for all attendees of the SGMA Spring Market registering through March 31. The registration fee costs $50…
Franklin Sports Underwrites SGMA Spring Market
Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is generously underwriting this month’s attendee registration fees – a savings of $50 per attendee.
Payless Acquires Collective International
Payless ShoeSource plans to acquire privately held Collective International, LP, Denver, a brand development, management and licensing company with a strong youth lifestyle and board sport-inspired brand portfolio including Airwalk, Vision Street Wear, La
Payless Adds to ‘House of Brands’ with Collective Acquisition
Payless ShoeSource plans to acquire privately held Collective International, LP. The purchase price is expected to be approximately $91 million, subject to customary purchase price adjustments to reflect the current assets and total liabilities at closing
Head Fourth Quarter Sales and Profits Decline…
Head N.V. echoed the reports coming from other snow sports hardgoods manufacturers during their fourth quarter as winter snow did not materialize until late in the season for Europe, and much of the Northeast and Midwest in the U.S. Fourth quarter net re
Fleet Feet Boasts 17.5% Comp Gain in 2006
Fleet Feet, Inc. recorded a 19.9% growth in sales in 2006 with 70 stores, surpassing $63 million in revenue compared to $52 million in 2005. Comparative store were up 17.5% on top of the 16.1% increase posted in 2005. It expects to add 12 new stores this
Skechers Counter-Sues Asics…
Skechers USA Inc. filed its own suit against Asics Corp. and Asics America Corp. for trade libel after being sued by the rival footwear maker. Skechers accused Asics of trade libel, unfair competition and “tortious interference with prospective economic
Gregory Moves Ahead with New Team and New Ideas…
After Armor Holdings acquired Gregory Mountain Products in January of 2005, the company was left trying to figure out how an outdoor pack brand fit into the broader strategy of a massive military contractors’ holding company. The brand ended up floating i
Sunny’s Great Outdoors To Liquidate…
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing the majority of its doors, according to court documents. The Elkridge-MD-based retailer operates 15 stores around the Mid-Atlantic region and employs 150 full-time and part-time
Outdoor Channel Maintains NASDAQ Listing
Outdoor Channel Holdings, Inc. announced that following the filing of its Form 10-Q for the quarter ended September 30, 2006, the Nasdaq Listing Qualifications Panel has found the company in compliance with the Marketplace Rules and will continue the list
The Athlete’s Foot Taps Warschawski as Agency of Record
Warschawski has been retained by The Athlete’s Foot as its agency of record. Terms of the agreement were not disclosed. Warschawski is responsible for handling all public relations for The Athlete’s Foot on a national level, including strategic planning,
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