Interbike will be one of the sponsors of the seventh annual National Bicycle Summit to be held in Washington D.C. March 14-16, 2007. More than 300 bicycling industry executives, advocates and educators will meet at the Ronald Reagan International Trade Ce
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Globe Sees Sharp EBITDA Gain on Flat Revenues
Globe International saw effectively flat revenues of A$97.8 million ($73.7 mm) for the first half of fiscal 2007, but manged to double EBITDA to A$2.5 million ($1.9 mm), up from A$1.2 million ($0.9 mm) during last year's half. These results include t
Wulff Departs CEO Role at ASG
American Sporting Goods Corporation's CEO and president, Kevin Wulff, has submitted his resignation from the company. Due to this most recent development, Jerry Turner, Chairman of the Board, will serve dual roles as Chairman and CEO…
Outside Names Conservation Alliance as Green Issue Beneficiary
Outside magazine will donate one dollar of each April “Green Revolution” issue sold on newsstands to The Conservation Alliance to support the group’s efforts to protect wild places throughout North America for their habitat and recreational values…
SIA and Tubbs Present Snow Fitness Program
Three members of the education community in Fairfax County will present a session entitled Snow or No Snow – Physical Education and Recreation Snowshoe Programming at the national conference for the American Alliance for Health, Physical Education, Recrea
Aldila’s Profits Plunge in Q4 and FY, But Backlog Improves
Aldila, Inc. reported net sales dipped slightly to $17.9 million for the fourth quarter from $18 million in the same quarter of 2005. Earnings dropped to $1.3 million, or 24 cents a share, from $2.7 million, or 48 cents, a year ago due to lower average se
SGMA Fills Four Board Seats: Horizon, Modell’s, Russell and Mizuno
The Sporting Goods Manufacturers Association (SGMA) appointed four new board members: Doug Kelly, president, Russell Athletic; Mitchell Modell, CEO, Modell’s Sporting Goods; Bob Puccini, president, Mizuno USA, and Robert Whip, president, Horizon Fitness.
NSGA Management Conference/Team Dealer Summit Nears Sellout
The 43rd Annual NSGA Management Conference & 9th Annual Team Dealer Summit is nearly sold out. As of February 27, more than 300 persons had registered for an event that will be held May 20-23 at the Hyatt Regency Coconut Point Resort and Spa in Bonita Spr
Skechers Sues Asics for Libel and Unfair Competition
Skechers USA, Inc. has filed a lawsuit against Asics Corporation and Asics America Corporation for trade libel, unfair competition and tortious interference with prospective economic advantage and economic business relations. Skechers seeks injunctive rel
Axcent Forms EU Subsidiary for Descente Athletic…
Axcent Sports has held the license to sell and design Descente apparel for the bike and run market in North America, Europe and Australia since 2002. Most of the company’s European business has been done through third-party distributors, but the company,
Thule Targets €1 Billion by 2009…
Thule finished off the 2006 fiscal year with double digit organic-growth and several acquisitions under its belt to boost the top line by nearly a third. The integration of these acquisitions did have a slight impact on profits, which did not keep pace wi
Rodale, owner of Runners World, Acquires Running Times
Running Times has been acquired by Rodale Inc., the owner of Runner's World. Terms of the transaction were not disclosed. Running Times will continue to operate under the Running Times brand, and will be independent of Runner's World…
Sunny’s Great Outdoors To Liquidate
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing its doors, according to court documents. The Elkridge-MD-based retailer operates 13 stores around the Mid-Atlantic region and employs 150 full-time and part-time workers…
Rocket Dog Acquired by Venture Funds
Rocket Dog has been acquired by Golden Gate Capital and Circle Peak Capital. The seller was New York Transit, Inc., a privately held fashion footwear company. Terms of the deal were not disclosed. Mike Womack and the existing management team will continue
Warnaco’s Swimwear Profits Sink in Q4 on Ocean Pacific Sale
The Warnaco Group Inc. said its swimwear group's sales grew 1.3% in the fourth quarter, to $84 million from $83 million a year ago. Operating income in the segment, which includes Speedo, fell to $8.4 million from $12.5 million, reflecting losses rel
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