Yue Yuen Industrial Holdings looked to strong increases in its retail and wholesale operations in China to help fuel a solid increase in profits for the 2006 fiscal year. Net profit increased 18.7% to $353.6 million for its fiscal full year ended Septemb
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Reebok to Sponsor U.S. Army All-American Bowl
Reebok will serve as the official provider of cleats and performance apparel for the 2007 U.S. Army All-American Bowl. Reebok will supply the cleated footwear, performance wear, practice wear, headwear and gloves for all players and coaches for the game.
American Skiing Company to Sell Steamboat to Intrawest…
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation to an affiliate of Intrawest for $265 million. American Skiing Company initiated a review of strategic options for the resort in July. Included in t
American Apparel Finds Backdoor to Public Status…
American Apparel Inc. announced its intentions of effectively ‘going public’ last week as it plans to merge with Endeavor Acquisition Corp., with the deal expected to close during summer 2007. The combined company will operate as American Apparel and is e
American Apparel Acquired By Endeavor Acquisition Corp.
American Apparel Inc. and Endeavor Acquisition Corp. have signed a definitive merger agreement in which Endeavor will acquire American Apparel and its affiliated subsidiaries for up to 32,258,065 shares of restricted Endeavor stock. Endeavor will also ass
American Skiing Co to Sell Steamboat to Intrawest
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation, in Steamboat Springs, Colorado, to Steamboat Acquisition Corporation, an affiliate of Intrawest ULC, for $265 million. The announced sale follows t
ECCO USA President Promoted to Director of Americas
Tom Nelson, president of ECCO USA, will be promoted to Regional Director of ECCO Americas as of January 1, 2007. In addition to his ongoing responsibilities as ECCO USA president, Nelson’s new role will include serving as Chairman of ECCO Canada’s Board o
Veltec to Distribute Colnago in North America
Veltec Sports will become the exclusive North American distributor for Colnago bikes and framesets, effective December 23rd. This arrangement comes after the end of an eight year partnership between Colnage and its previous distributor Trialtir…
Puma Extends Cameroon Football Sponsorship
PUMA and the Cameroon Football Association have announced a long-term extension to their partnership initiated back in 1997. PUMA will continue to be the Official Supplier of The Indomitable Lions and its associated teams including the Men’s ‘A’, ‘B’, ‘U2
adidas Group Q3 Stronger Outside North America…
adidas Group reported solid results for the third quarter, reflecting the addition of the Reebok business acquired earlier in the year, but the addition of RBK has also trailed the rest of the business under the Group umbrella. CEO Herbert Hainer freely
SportHill Sponsors the American Birkebeiner
SportHill expanded its sponsorship program to include the 34th Annual American Birkebeiner. This 51km cross-country ski race held in northwestern Wisconsin draws over 9000 participants and 20,000 spectators from 19 countries.
Amer Q3 Impacted by Late Salomon Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
Amer Sports’ Q3 Impacted by Late Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
MacGregor Golf Names VP of Marketing – North America
MacGregor Golf Company named Robert Johnson as vice president of marketing, North America. For the past 4 years, Robert was the director of marketing for Taylor-Made-adidas Golf (TMAG)…
American Skiing Co. Shrinks Net Loss in 2006
American Skiing company reported total consolidated revenue of $307.8 million for fiscal 2006, compared with $276.5 million for fiscal 2005. On a GAAP basis, net loss attributable to common stockholders for fiscal 2006 was $65.7 million, or $2.07 per basi
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