Compass Diversified’s CEO Take Leave to Deal with Investigation
Compass Diversified Holdings, which owns Fox Racing Shox and several industrial companies, said its CEO Joe Massoud has requested, and the Board has approved, a leave of absence to focus his attention on an informal regulatory inquiry that Mr. Massoud has
Rawlings Introducing Performance Apparel
Rawlings, a division of Jarden Team Sports, is launching a line of performance apparel. According to a report in the St. Louis Dispatch, a baseball apparel line was rolled out in January at Modell's Sporting Goods, Hibbett Sports and Sport Chalet. S
Billabong First-Half Profit Declines Despite 16% Sales Gain
Billabong International Ltd. said first-half net profit fell 18% to 57.2 million Australian dollars (US$57.9 million), in part due to the strength of Australian dollar against the U.S. dollar and euro…
Outdoor Companies Back BLM Wild Lands Policy
Citing the need for “balance in federal land management and the role public and wild lands play in supporting jobs across the American economy,” The Conservation Alliance (Alliance), Outdoor Industry Association (OIA) and companies they represent sent a l
Research Group Raises Questions About 90% Theory
Following a widely discussed report by Mexican officals and numerous US publications claiming that 90% of guns used my Mexican drug cartels originated in the United States, independent research group STRATFOR has issued a study that raises major questions
Jarden Has Recouped Rossignol Investment
Jarden Corp. has recouped its original minority investment in Rossignol, the French ski brand spun off at a loss by Quiksilver in 2008, Jarden Chairman and CEO Martin Franklin told analysts this week..
U.S. Consumers Sustain Spending in January
January marked the seventh straight month of retail sales gains, although sales by sporting goods, hobby, book and music stores decreased 1.3% on a seasonally adjusted month-to-month basis and increased 0.4% on an unadjusted year-over-year basis, accordin
Cabela’s Q4 Comps Climb 7.3%
Cabela's Inc. reported that on a like calendar basis, adjusted for divestitures, total revenue during the fourth quarter increased 8.4% to $934 million. Retail store revenue increased 11.4% to $479 million; direct revenue increased 0.5% to $386 milli
Compass Diversified Holdings CEO Takes Leave of Absence
Compass Diversified Holdings, the equity owner of Fox Racing Shox and Liberty Safe, announced that Joe Massoud, its chief executive officer, has requested, and the Board has approved, a leave of absence to focus his attention on an informal regulatory inq
Polarmax Names Agency and Rep of the Year
Longworth Industries, parent company of Polarmax, XGO, and AYG 365's branded technical base layers, named Robb Sports its Agency of the Year, and Patti Fisher as its Rep of the Year for 2010…
Reports of Imminent Jack Wolfskin Sale Resurface
Several companies are in talks to acquire Germany's Jack Wolfskin brand from two European private equity firms, according to an unconfirmed report in Financial Times Deutschland and picked up by the Bloomberg news service…
Three ESPN Personalities Ink Deals with Nike
Chris Fowler, Kirk Herbstreit and Lee Corso – ESPN's “College GameDay” team – each have endorsement deals with Nike Inc., according to a report in The New York Times…
Shimano Group Nearly Triples Q4 Net Income on Double-Digit Revenue Growth
Shimano Group experienced a very strong business turnaround in 2010 after a tough 2009. But the company still remains cautious about the business moving into 2011 over concerns that the tempo of the economic recovery may slow in the European economies, t
Ocean Container Lines See Potentially Tight Q3
A rebounding U.S. economy will likely lead to a tight supply of vessel space and equipment during the peak third quarter shipping season, according to Transpacific Stabilization Agreement (TSA), which represents the major container shipping lines serving
Mizuno Corp. Maintaining Full Year Outlook Despite Fiscal Q3 Loss
Mizuno Corp. is maintaining its fiscal full-year sales and earnings forecast despite fairly flat sales for the nine-month year-to-date fiscal period and a swing to a net loss for the fiscal third quarter period. The Japanese sporting goods company had lo
