Adam Aron, chairman and chief executive officer of Vail Resorts, announced Tuesday that effective immediately the U.S. Forest Service has approved the addition of an impressive 861 acres of ski terrain to the Keystone Ski Resort. The new terrain, known as
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Federated Makes Senior Management Changes
Federated Department Stores, Inc. announced that Ronald Klein, 55, will be returning to Macy's East as chairman/ceo division, effective February 15. The company also announced that Michael G. Krauter, 46, currently EVP/director of stores at Rich
Rossignol Receives Doc DesRoches Award
Sports Industries America and the U.S. Ski Team recognized Rossignol as the recipient of the first annual Doc DesRoches Award at the annual meeting conducted during the 2004 SIA SnowSports Show. The new award will recognize an SIA member and U.S. Ski Team
adidas-Salomon 2003 Net Income Up 14% on 5.0% Currency-Neutral Sales Increase
Based on preliminary figures, adidas-Salomon saw a 5.0% improvement in Q4 sales in currency-neutral terms, but showed a 3.8% decline in Euros from € 6.52 bn ($6.2 Bn). Currency-neutral sales increased for all brands and regions, except North America. Net
Puma Re-Signs Zito to Two Year Deal
PUMA has announced the re-signing of Barry Zito, the 2002 Cy Young Award winning Oakland A's pitcher. The two-year sponsorship agreement extends his relationship with PUMA baseball to 5 years. Zito joins some of the best players in baseball represent
Intrawest Chooses Burton
Intrawest Corporation has selected Burton Snowboards as the official supplier of snowboard rental equipment to its 10 mountain resorts, including North America's most popular mountain resort, Whistler Blackcomb, B.C., and Stratton Mountain, VT, the b
Rossignol Shakes Off FX Rate Impact…
On the surface Rossignol appears to be yet another European company with sales being held back by poor U.S. and Asian exchange rates…
Two in a Row for Precor…
The Precor division of the Amer group has finalized a deal which will bring ClubCom, a provider of private television networks to clubs and fitness facilities, into the Precor corporate structure. ClubCom operates in two separate divisions – ClubCom, and
Precor Acquires ClubCom
Amer Group Plc’s Fitness Equipment business, Precor Inc., has acquired ClubCom, a provider of private television networks to clubs and fitness facilities. In addition, Precor is also acquiring ClubCom’s video hardware and system division Cardio Theater. T
Chris Lennert Promoted to VP of Sales at GoLite
GoLite is pleased to announce the promotion of Chris Lennert to Vice President of Sales. In his new post, Lennert will be responsible for oversight of all of GoLite’s key markets, including U.S. and international outdoor, running, and cycling channels as
Pacific Sues Maverick and Klein Over iDrive
Pacific Cycle, owner of the Schwinn, Mongoose and GT brands, has filed a patent infringement suit against Maverick American and Klein Bicycle Corp. (a division of Trek), claiming the competitors are using its patented technology…
Northwave Brings in New CEO and Restructures Sales Team
Northwave North America has hired Brent Turner as their new CEO. Brent brings over 15 years of experience in the snowboarding industry to the table, most recently as Vice President and General Manager of K2 and Ride Snowboards…
SIA Turns 50
SnowSports Industries America is celebrating its 50th Anniversary with its 50th global trade show beginning Monday, January 26, 2004 at the 2004 SIA SnowSports Show at the Mandalay Bay Convention Center in Las Vegas…
MandA Group Sees Continued Industry Consolidation
Mergers and consolidations will continue to shrink the number of players in the $40 billion global sporting goods industry in 2004. That's the forecast of The Mercanti Group, a boutique investment banking firm that served as the advisor to K2, Inc. i
Nike to Replace adidas as U.S. Olympic Sponsor
Nike has signed as an official sponsor and licensee of the 2006 and 2008 U.S. Olympic and Paralympic Teams, as announced by the U.S. Olympic Committee. The partnership with Nike will officially begin in January 2005. For the first-time, U.S. Olympic and P