A jury in Wilmington, DE on Thursday returned a verdict of $2.2 million in favor of Callaway Golf Company and against Dunlop Slazenger Group Americas Inc. based on a finding that Dunlop willfully engaged in false advertising when it claimed in 2001 and 20
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Outlast Inks two New Deals
Outlast Technologies, Inc. has signed a new partnership with Eddie Bauer, the premium outdoor-inspired casual wear brand, to offer consumers the first active lifestyle sweaters with Smart Fabric Technology™. Outlast has also inked a deal with Bernette Tex
Tecnica Shuffles the Management Deck
John Stahler continues as CEO of the Tecnica Group in the U.S. He will manage the groups’ activities in the United States. Sam Cook has been promoted to Vice President of Sales for Tecnica USA’s and Völkl Sport America’s Winter Divisions. Assuming Cook’s
Raleigh Names Pike Director of Marketing
Raleigh America has hired Reed Pike as director of marketing. Pike brings more than 30 years experience in the bicycle industry to the position along with a continuing passion for the sport as an active cyclist and racing fan. His experience includes reta
Malden Lands $21 million Military Contract
The United States Congress has approved $21 million for Polartec garments for the US Military in the 2005 Defense Spending Bill. Included in this funding is $1.5 million to continue research and development of electronic textiles for the Army’s Combat Cas
Brine to Open Denver Office; Powell Appointed Marketing Specialist
Syracuse University’s all-time leading lacrosse scorer, Mike Powell, signed a multiyear contract with Brine, Inc. Powell is both endorsed by Brine and has been appointed their Marketing Specialist to work with Brine’s advertising agency and launch Brine W
Payless July Comps Drop 6.5%
Payless ShoeSource same-store sales decreased 6.5% during the July reporting period, the four weeks ended July 31, 2004. Company sales totaled $192.0 million, a 5.7 percent decrease from $203.6 million during fiscal July of last year…
Kellwood Elects Two New Board Members
Kellwood has elected Robert J. Baer and Harvey A. Weinberg to the Company’s Board of Directors, according to Hal J. Upbin, chairman and chief executive officer. Baer is a seasoned executive in the transportation industry with over 28 years of experience.
REI Appoints New VP of Distribution and Logistics
REI has appointed David Presley to the position of vice president of Distribution and Logistics. Presley, who comes to REI with 20 years' experience in supply chain management, will provide leadership to the warehousing, order processing and product
Nordica Inks Deal with Canadian Alpine Ski Team
NRB Sports Inc, the Canadian subsidiary of Italian owned Nordica and Rollerblade, has announced that after a long absence it has re-joined the Canadian Alpine Ski Pool. Already in association with numerous ski pools world wide, this partnership will allow
Dorel Posts 11.3% Increase to Earnings; Pacific Cycles’ Division Revenues at $102 Million
Dorel Industries second quarter 2004 net earnings increased 11.3% to $18.1 million or 55 cents per share compared with $16.3 million or 50 cents per share earned in 2003. Revenues for the period were $403.5 million compared to 2003 Q2 revenues of $264.7 m
SGMA: Inline Still Leads Extreme Sports Participation
According to SGMA International's analysis of the current Superstudy® of Sports Participation, extreme sports are an established trend and here to stay. Inline skating led all extreme sports cateogories with 19.2 million par
Spyder Acquired in $100 Million Cash Deal…
In a deal that has been in the works for several months, Apax Partners last week finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equ
Rossignol Global Sales are down; N.A. Holds Steady…
The Rossignol Group is reporting that first quarter sales were down 5.3% to €37.0 million ($45.4 million) compared to €39.1 million ($43.2 million) for the company’s fiscal first quarter last year. The Ski division, which made up roughly 80% of the group’
TEA Bill Likely Stalled Until 2005…
The Senate-House conference committee working on reauthorization of the TEA-LU bill met twice this week, according to America Bikes Campaign Manager Emeritus, Martha Roskowski. TEA-LU provides funding for bicycle infrastructure, pedestrian trail systems,