PUMA AG reported another quarter of strong double-digit growth, with all of the gain coming from the conversion of distributor businesses into direct sales organizations and continued gains in the Americas, particularly in the U.S. Profit growth has sta
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Under Armour Turns Click-Clack into Cha-Ching…
Under Armour, Inc. saw shares increase nearly 12% for the week to close at $36.78 on Friday after moving past the $40 mark for the first time since January of this year. The gain on Wall Street is a reflection of increased guidance provided by the compan
K2 Inc. Sees Synergy Boost in Q1 to Beat Street…
K2 Inc. managed to shrug off increased raw material and labor expenses to exceed Street estimates and internal guidance for both sales and earnings during the first quarter of 2006. The Team Sports business was the primary driver with every significant se
Columbia Expects Decline in 2006 Earnings Despite Double-Digit Backlog Gains…
Columbia Sportswear shares took a hit last week after the company posted a meager gain in the top-line and a decline in profits. The company offered a fairly mixed view for the year, forecasting double-digit revenue growth, but also suggesting that earni
Rottefella Acquires NAXO…
Rottefella has acquired a majority Stake in NAXO AG and intends to “become a major player” in the alpine touring market. Rottefella already boasted a 40% market share in cross country bindings world-wide, and recently inked a deal with Fischer to make the
Thule Hits the Ground Running
Thule’s sales increased during first quarter 2006 by 39.6% to SEK 905 million ($116.5 mm) compared to SEK 649 million ($93.9 mm). Organic sales increased 17.3%. Operating profit before one-off items increased by 58% to SEK 94 million ($12.1 mm) compared t
Sugoi Hires Murphy as Marketing Director
Sugoi Performance Apparel hired David Murphy as Marketing Director. With a successful history in sports marketing, Murphy brings both North American and Global experience in the performance sports sector to Sugoi. With stays at both adidas America and ad
Ed Viesturs Joins Big City Mountaineers
Ed Viesturs has signed on to be the Honorary Chairperson of Backpacker Magazine’s 2007 Summit for Someone benefit climbs. These climbs, created and owned by the recreational non-profit, Big City Mountaineers, have in only three years become the
premier ch
Rottefella buys Majority Stake in NAXO AG
Rottefella will, through the purchase of NAXO, become a major player in the international Alpine Touring market. The purchase also confirms Rottefellas role as the world leading binding developer of ”free heel” bindings. Rottefella has purchased 62.5% of
Brunswick Q1 Sales Up 4.1%; Net Down 28.8%
Brunswick Corporation posted sales of $1.46 billion for the first quarter, an increase of 4.1% over sales of $1.40 billion during the year-ago quarter. Net earnings were $67.4 million, or 70 per diluted share, for the first quarter of 2006, down 28.8% fr
Nike Donates Joga Bonito Fields Across U.S.
Nike has committed approximately $1 million to fuel soccer in 15 communities throughout the U.S. Nike will donate three Joga Bonito soccer fields in Los Angeles, three fields in New York and four fields in Chicago as well as provide soccer equipment for 1
East South Central States Sales Slightly Off Total U.S.
In the East South Central states (KY, TN, AL, MS), overall sporting goods store sales grew 22.6% from the 1997 Census versus total U.S. growth of 23.5% during the period. Sales for 2002 in the East South Central states reached $982 million. Of that amount
Brunswick Boat Group Acquires Diversified Marine Products
The Brunswick Boat Group has acquired Diversified Marine Products, the largest marine supply distributor on the West Coast. Based in Los Angeles, Diversified Marine will join with Land 'N' Sea, Kellogg Marine and Benrock to extend the largest di
Signature Eyewear Inks Licensing Agreement With Cutter and Buck
Signature Eyewear, Inc. and Cutter & Buck, Inc. have signed a license agreement for Cutter & Buck eyewear. The deal runs through through December 31, 2009 with a two year renewal option. The agreement gives Signature Eyewear the exclusive right to design
Johnson Outdoors Receives Military Tent Orders
Johnson Outdoors Inc. has received two separate orders for the Modular General Purpose Tent System totaling $5.5 million with anticipated delivery in the second half of calendar 2006. As a result of these recent orders, the Company has now received ten se
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