Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999 against Adams Golf, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial pub
Golfsmith Q3 Sales, Earnings Down on Falling Tickets
Traffic levels finally evened out at Golfsmith International for the third quarter of 2009, but an increasingly wary consumer and a highly-promotional environment resulted in a lower average ticket, which in turn sunk earnings. Net sales for the golf reta
GSI Commerce Narrows Third Quarter Loss
GSI Commerce Inc. saw revenues increase 1.8% to $190.3 million in the third quarter, above its guidance range of $181 million to $186 million. The net loss was reduced to $9.4 million, or 18 cents a share, from $14.2 million, or 30 cents, a year ago. Com
Volcom Starts to See Market Stabilize, but Q3 Weak
Volcom, Inc. management feels it has successfully weathered the economic storm to-date and Chairman and CEO Richard Woolcott believes “the skies are beginning to clear.” In a conference call with analysts, Woolcott said revenues derived from
Under Armour and IMG Form Partnership Around Measurement System
Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca
Dick’s SG to Open First Store In Washington
Dick's Sporting Goods plans to open its first Washington store at South Hill Mall in Puyallup next spring, according to the Seattle Times. The 60,000 square feet store covers space previously occupied by Circuit City and Linens 'n Things…
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin
Callaway’s Q3 Profit Sink 25%; Sales Down 11%
Callaway Golf Company said third quarter net sales slid 11% to $190.9 million from $213.5 million in the year-ago period. On a currency neutral basis, the company said net sales would have been $194 million, a decrease of 9% compared to the third quarter
Rome Adds Independent Rep for Michigan and Indiana
Outdoor cookware manufacturer, Rome Industries, Inc. announced the addition of Marc Nigg to their roster of independent reps for the outdoor industry…
Volcom’s Q3 Revenues Drop 15.9%
Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ
Volcom’s Q3 Revenues Drop 15.9%
Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ
SPI and California Waterfowl Announce Wetland Conservation Easement Agreement with NRCS
Sierra Pacific Industries (SPI) and California Waterfowl said SPI has signed an agreement with the Natural Resource Conservation Service (NRCS) to place a conservation easement on 2,870 acres of wetlands, commonly called White Horse Flat Reservoir, in Sis
Benchmade Taps Winterling as Dir. of Manufacturing
Benchmade Knife Company has tapped Dave Winterling as the new Director of Manufacturing. He will be responsible for all manufacturing operations at the Oregon City plant…
Puma AG Sees Third Quarter Sales Decline Across All Regions
Puma AG's Q3 sales declined 5.5% to €673.4 million ($1.00 bn), according to the quarterly report from the company's parent, PPR S.A. At constant exchange rates, sales were down 9.8%, a decline that PPR'S Deputy CEO and CFO Jean-Franc
Insight Technology Adds All Sports as Distributor
Insight Technology, a provider of tactical lasers, illuminators and thermal imaging equipment, has added All Sports, a member of the Big Rock Sports group, as its newest commercial distributor…
