Sales and marketing veteran Michael O’Bright has joined Montreal's Redstone Apparel Group to head the company’s North American corporate promotional division. Montreal-based Redstone is the parent company for Firethorn Golf, as well as other performa
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Amer Sports Cuts First Half Loss in Half
Amer Sports' net sales grew by 7% in the first half of 2006 to €739.2 million ($903.7 mm) compared to €689.9 million ($896.7 mm) in 2005. In local currencies, net sales grew by 4%. Earnings before interest and taxes (EBIT) amounted to a loss of €7.4
Nikwax Sees Upside in North America
Nikwax N.A. saw a Canadian sales increase of 18% during the first half of 2006 over the same period of 2005 and a 22% increase in the United States market for the first two quarters. Nikwax aftercare waterproofing products have continued to face increasin
Team Express Acquires Football America
Team Express Inc., a Texas-based consumer direct and team dealer of baseball and softball hardgoods, has acquired Football America Inc. Financial terms of the deal were not released.
Thule Sees Strong Growth In North America…
Thule is moving ahead with its plans to double the size of the company by the end of 2007, and is actually well on its way to accomplishing this goal by the end of the current financial year, one year ahead of schedule. This would make Thule an $825 milli
Millea Leaves Amer Sports
Steve Millea, the former President of Wilson Golf and Racquet Sports and most recently Vice President, Sourcing, Asia Pacific since December 2005 has decided to leave the Amer Sports Group and return to the US. Millea has been with Wilson since 1984…
Millea Leaves Post with Amer Sports
Steve Millea has decided to leave Amer Sports Group to return to the U.S. Millea was the former President of Wilson Golf and Racquet Sports and most recently served as Vice President, Sourcing, Asia Pacific since December 2005. Millea has been with Wilson
Global Surf Industries Sponsors Surfing America
Global Surf Industries signed an agreement to sponsor the Surfing America Member Surf School program. The Member Surf School program’s goal is to recognize and endorse specific surf schools around the country whose operational and professional standards
American Snowsports Education Association Elects New Board
The American Snowsports Education Association (ASEA) has announced new board-level leadership for the Professional Ski Instructors of America (PSIA) and the American Association of Snowboard Instructors (AASI). At its annual board meeting held June 2–4 in
American Skiing Co. Sees Strong Third Quarter
American Skiing Company reported particularly strong visitation levels for its western resorts in the winter operating season, bolstered by skiing and riding conditions. These strong results coupled with the successful sale of nearly all remaining fractio
Payless Picks Up American Eagle Footwear License
Payless ShoeSource has purchased the American Eagle brand for footwear and accessories from Jimlar Corporation for an undisclosed amount. This move is part of Payless' business strategy to build a “house of brands” retail chain offering footwear and
South American Contract Dispute Will Hurt Nike’s Bottom Line…
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay, and Uruguay
American Skiing Co. Eastern Weakness Continues
American Skiing Company reported particularly strong visitation levels for its western resorts in the winter operating season, bolstered by good skiing and riding conditions, but eastern resorts, where the company has most of its business, reported a slow
Nike Loses South American Converse Contract Dispute
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay and Uruguay.
Amer Sports Sees Early Upside in Salomon Business…
Amer Sports dispelled any concerns regarding transparency last week when management decided to include pro-forma Salomon results in last year’s numbers to provide a better apples-to-apples comparison for the total business performance. No doubt, comparis
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