New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Phoenix Footwear Widens Q2 Loss
Phoenix Footwear Group reported a net loss of $5.11 million, or 63 cents per share, for the second quarter ended July 4, 2009, compared to $2.16 million, 26 cents per share, in the second quarter of fiscal 2008…
Study: Excessive Exercise Can Be Addicting
A new study from researchers at Tufts University finds that while exercise is good for your health, extreme exercise may be physically addicting…
Golf and Rugby May Make 2016 Olympics
The International Olympic Committee's executive board recommended that golf and rugby sevens be added to the 2016 Olympics. IOC members will vote at Copenhagen, Denmark in October on whether or not to uphold the proposal put by the board to approve g
Recall: Nautilus Dip Machines
Nautilus Inc. is recalling about 400 F3 Chin Dip Stationary Exercise units because they pose a fall hazard to users. According to the U.S. Consumer Product Safety Commission and Nautilus, the footpads on the units can break, creating the hazard…
SwimWays Named a Walmart ‘Supplier of the Year’
SwimWays, a leading manufacturer of pool and outdoor recreational products, has been named a 2008 Walmart “Supplier of the Year.”
Millet to Launch Rope Recycling Program
Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope
FLW Outdoors Files Suit Against BRP/Evinrude
FLW Outdoors has filed a lawsuit in Minnesota State Court against BRP/Evinrude for their failure to pay agreed upon sponsorship fees for the entire 2009 FLW Outdoors tournament season…
adidas and Agron Extend Relationship
adidas America, Inc., announced a long-term extension of its relationship with Agron, Inc., its Los Angeles-based exclusive licensee for headwear, bags, socks, underwear, and other accessory items. The extension through 2022 will expand the two companies
Asia Outdoor Show Sees 50% Growth
When the 4th Asia Outdoor trade show closed its doors in the afternoon of Aug. 2 it reported more than 14,000 trade visitors. Show management said in a release that they were “very happy” to have reached all of their objectives: more visitors, new visitor
Suunto Looks to Broaden Reach with New Distributor
Suunto has announced a partnership with distributor CTE Watch Co. CTE specializes in jewelry and watch store placement and will push the Suunto brand in the Midwest and Southeast…
TAF Parent Completes Amendment to 2007 10-K
NexCen Brands, Inc., parent company of The Athlete's Foot, has completed an amendment of its 2007 10-K, including restated 2007 audited financial statements, and has filed an amended Annual Report on Form 10-K/A for the fiscal year ended December 31,
Arena Football Ceases Operations Indefinitely
The Arena Football League, which previously called off its 2009 season, has now ceased operations indefinitely, according to a one-paragraph statement issued to league teams on August 4…
Garmin Ltd’s Q2 Sales Slide, but War Chest Builds…
Garmin Ltd.’s Outdoor/Fitness segment took a hit in the second quarter of 2009 as the segment’s quarterly sales declined for the first time in more than two years. The company reported second quarter earnings slid 36% to $161.9 million, or 81 cents a sha
Sport Chalet’s Fiscal First Quarter Sales Down on 14.7% Comp Sales Decline
Sport Chalet, Inc. saw sales decrease 8.9% to $79.4 million for the first quarter of fiscal 2010 from $87.1 million a year ago. Comps tumbled 14.7%. The net loss was narrowed to $3.0 million, or 21 cents per share, compared to a loss of $4.5 million, or 3
