Bauer Performance Sports Ltd. reported revenues grew 13 percent in the fourth quarter and 19 percent in its fiscal year ended May 31. Earnings also grew solidly in both periods excluding costs related to its initial public offering…
Tag: People
Canadian Tire Completes Acquisition of Forzani
Canadian Tire Corporation, Limited said it completed its acquisition of The Forzani Group Ltd. Its subsidiary FGL Acquisition Co Limited successfully acquired the 905,853 remaining Class “A” shares of The Forzani Group Ltd. not already owned…
Light and Motion Moving to Larger Facility
Light & Motion is planning to nearly double their footprint by moving to a larger space in Monterey, CA. The maker of headlamps for cycling, diving and other outdoor pursuits has invested more than $150,000 in the last year in production and test equipmen
Source for Sports Appoints New President as Hooper Retires
Source For Sports of Canada has appointed former SC Johnson executive Brad Hause as president effective Sept. 6, 2011, putting him at the helm of a member-owned buying group of more than 200 locally owned retail locations. Hause will replace Randy Hooper
Adidas Launches Barefoot Gym Shoe
Adidas unveiled its first “barefoot” training shoe, calling it the first barefoot shoe designed for the gym. The Adipure, which will be in stores in November for $90, is designed to mimic exercising barefoot, but with the protection, traction and durabili
Globe International Fiscal 2011 Sales Slip 3.1 Percent on Strong Aussie Dollar
Globe International Limited reported that its net sales in North America and Europe grew 6 and 12 percent respectively in local currencies in the fiscal year ended June 30. After translating results back into its native Australian dollar, however, the mak
Alleson Athletic Appoints Director of National Sales
Alleson Athletic, a supplier of stock and custom uniforms, announced the appointment of Mark Watts as the new director of national sales. Watts most recently oversaw domestic and international sales, including big box retail accounts, for Schutt Sports as
Backcountry.com Acquires CompetitiveCyclist.com
Backcountry.com has acquired CompetitiveCyclist.com and retained the e-tailer's Founder and CEO Brendan Quirk as general manager of Backcountry.com’s Bike Division, which now includes CompetitiveCyclist.com, RealCyclist.com and HuckNroll.com, a
Total Apparel Group Resumes Audit and Re-Listing Activities
Total Apparel Group, Inc. announced that it has recently commenced with its December 2010 year-end audit in order to file its 10K. In addition, the company will be completing its September 2010 3rd quarter review, as well as all of the 2011 quarter review
Hibbett Sports Fiscal Q2 Net Income Surges 48 Percent
Hibbett Sports, Inc. reported that net sales for the fiscal second quarter ended July 30 increased 9.5 percent to $153.1 million compared with $139.8 million for the year-ago period. Comparable store sales increased 5.9 percent for the 13-week period. Ne
Jack Wolfskin Publishes Fair Labor Report
Jack Wolfskin, manufacturer of outdoor equipment and clothing, has published its first social report on suppliers, thus taking a further step towards transparency in its corporate activities concerning “labour conditions at production sites”…
Eurobike Panel to Discuss Looming CSR Demands
World Federation of the Sporting Goods Industry has invited members of the bicycling industry to a presentation at Eurobike in Friedrichshafen, Germany to discuss the rising demands for corporate responsibility in the social and environmental spheres…
Crocs Awarded Ladies’ Home Journal ‘Do Good’ Stamp
Crocs, Inc. has been awarded the 'Do Good' Stamp from Ladies' Home Journal. The stamp is given quarterly to corporations that are dedicated to doing good and making the world a better place. The award is in recognition of Crocs’ corpo
Shoe Show Building Solar Farm at its Headquarters
Shoe Show is spending about $12.5 million to build a 4.975-megawatt solar farm at its headquarters in Concord, according to a report in the Charlotte Business Journal. The farm will be the second-largest in North Carolina, behind only the 17.2-megawatt pr
Spyder Hires New Reps in Two Regions
Spyder Active Sports has brought on new reps in its Mid-Atlantic and North Central sales territories…