Chris Considine, who has been serving as president of the Team Sports division for Amer Sports, gets the nod as president of the re-merged Wilson Sporting Goods Company.
In April 2003, Wilson had been broken into two operating units servicing its Team S
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Amer Sports Creates New Asia Sourcing Group…
Steve Millea, who most recently had been serving as president of Wilson’s Racquet Sports and Golf businesses, will now move to Asia to head up the Amer Sports Sourcing Initiative, which will see all Wilson, Atomic, Precor, Suunto and Salomon sourcing func
Amer Names Considine as President for Wilson
Amer Sports Corporation has named Chris Considine as president of Wilson Sporting Goods Company. This includes the Golf, Racquet Sports, and Team Divisions world-wide. Chris Considine will also be responsible for Amer Sports North American Services organ
American Skiing Co. Fiscal Year Net Loss Widens Despite Strong Season…
American Skiing Company’s 2005 fiscal year revenue fell 2.7% to $276.5 million, compared with $284.1 million in fiscal 2004, primarily due to shortfalls in real estate sales. Resort revenue grew 6.6% to $267.3 million versus $250.7 million for fiscal 2004
American Skiing Company Fiscal 2005 Net Loss Doubles
American Skiing Company reported that its fiscal 2005 resort revenues increased 7% due to the introduction of the new All For One Pass and favorable Spring season conditions at the Company's eastern resorts. The Company also reported season pass sale
Amer Sports Sees Less Impact from FX Rates…
With the close last week of its deal to acquire Salomon, Amer Sports is touting its own designation as the world’s number one sports equipment company, but now adds more footwear and apparel to its mix of business. Long focused on the hardgoods end of th
PUMA and FIFA in Settlement Over Cameroon Kit
FIFA and PUMA have reached an out-of-court settlement in their legal dispute over Cameroon's one-piece playing kit. FIFA had previously fined Cameroon for wearing the uniforms during the African Cup in 2004, ruling that all teams must wear a separate
Thule Posts Strong Third Quarter in North America…
Thule third quarter sales increased 18.5% globally to SEK 864 million ($112.8 mm) compared to SEK 729 mm ($97.4 mm) last year. Thule’s profitability increased with EBITA climbing 12.1% to SEK 120 ($15.7 mm) compared to SEK 107 mm ($14.3 mm) last year. Sal
Amer Sports Sees 3% Net Income Dip for Q3; Sales Up 6%
Amer Sports reported that consolidated net sales in third quarter rose by 5% in local currency terms and increased 5.7% in Euros to €294 million ($359.1 mm) from €278.4 million ($340.5 mm) in Q3 last year. Fitness Equipment Division sales increased by 16
PUMA and FIFA in Settlement Over Cameroon Kit
FIFA and PUMA have reached an out-of-court settlement in their legal dispute over Cameroon's one-piece playing kit. FIFA had previously fined Cameroon for wearing the uniforms during the African Cup in 2004, ruling that all teams must wear a separate
Amer Closes Salomon Deal…
Amer Sports completed its acquisition of the Salomon business late last week. The transaction value is expected to be approximately €485 million ($593 mm) based on year-end 2004 figures. According to the European Commission on competition, Salomon was re
Report: African American Households Spend More on Sports Equipment but Go Out Less
African-American households are cutting back their spending in many categories, including food, clothing and basic household items, while investing more in home repair, home entertainment and consumer electronics. Among the products and services that show
Amer Completes Salomon Acquisition
Amer Sports Corporation's acquisition of the Salomon business and its brands has been seen to completion. The transaction value for the Salomon business segment is expected to be approximately 485 million euros based on year-end 2004 figures. Accordi
Amer / Salomon Deal Cleared; Relationship with Fischer Must be Reduced…
The U.S. competition authorities gave their approval to the merger between Amer and Salomon in August, but the proceedings with the European Commission were a bit more in-depth. The European Commission finally cleared the merger under EU Merger Regulation
adidas and Amer Get Final Clearance on Salomon Deal
adidas-Salomon AG has received all relevant antitrust clearances for the divestiture of its Salomon business segment to the Amer Sports Corporation and the transaction is expected to close within the next week. The transaction value for the Salomon busin
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