Stan Mavis has been named president of Sugoi Performance Apparel, a wholly owned subsidiary of Cannondale Bicycle Company. Mavis co-founded Pearl Izumi in the USA and held the titles of president and chairman for 12 years while growing that business to it
Tag: People
Finish Line Sees Q4 at Top End of Guidance
The Finish Line, Inc. reconfirmed guidance for the fourth quarter ending February 25, 2006 and announced sales and earnings guidance for the year ending March 3, 2007. The company had previously issued guidance for Q4 of a comparable sales gain of 1% to 2
adidas/Reebok Deal Clears European Regulators
The European Commission has unconditionally cleared adidas-Salomon AG's proposed acquisition of Reebok International Ltd. No other anti-trust approvals are required to complete the transaction. Reebok will hold a Special Meeting of Shareholders today
NRF Elects New Board Members
The National Retail Federation elected members of its Board of Directors during NRF’s 95th Annual Convention & EXPO in New York City. M. Farooq Kathwari, Chairman, President and CEO, Ethan Allen Interiors Inc., will succeed Arnold B. Zetcher as Chairman o
Schutt Sports Hires Rossi as Chief Marketing Officer
Schutt Sports announced that Dave Rossi has joined the organization as Chief Marketing Officer. Prior to joining Schutt Sports, Mr. Rossi was Director of Marketing & Product Development for Sportscraft Ltd, of Mount Olive, New Jersey…
Axis Outdoor Hires CGPR
Axis Outdoor has hired CGPR as its public relations agency of record. CGPR, based in Marblehead, Mass. is a consumer public relations firm with roots in the consumer, outdoor and sporting goods industries…
The State of the Industry 2006: Innovation Again Rules Supreme…
The Sporting Goods Manufacturers Association released their annual State of the Industry report at this week’s Super Show in Orlando, citing strength in the fashion end of the athletic footwear and apparel business and a stronger economy for the estimated
Fleet Feet Looks to Break 100 Stores in Three Years; 2005 Comp Sales Jump 14%…
Fleet Feet, Inc. recorded 22% growth in overall sales in 2005, surpassing $52 million in revenue, compared to $43 million in 2004. Comparative stores sales in 2005 were up 14% on top of the 12% increase posted in 2004. Fourth quarter comps were up in the
U.S. Doles Out Military Deals to Industry Companies…
Congress' fiscal year 2006 Department of Defense Appropriations Act has passed and includes substantial funding for three leading outdoor industry companies. InSport International, Inc., Malden Mills and Outdoor Research will design and manufacturer
Fitness Companies Get a Work-Out…
In back-to-back-to-back announcements, three of the industry’s leading fitness companies reported difficulties and setbacks that impacted earnings for the final months of 2005. Icon Health & Fitness, Cybex, and Nautilus all reported problems stemming from
Redfeather Snowshoes Acquired
ORC Industries has purchased Redfeather
Snowshoes as its first acquisition in the outdoor
recreation market. Financial terms of the
deal were not disclosed…
Unifi Q2 Sales Fall 7.7%; Loss Narrows…
Unifi, Inc. posted a net loss for the second
quarter, including discontinued operations, of
$3.8 million or 7 cents per share compared to
a net loss of $7.7 million or 15 cents per share
for the same period last year. Net sales from
continuing operations
TOTAL RECALL
After a series of posts on Rockclimbing.com
reminiscent of the Kryptonite-Bic fiasco, Colorado
Custom Hardware completed an investigation
and extensive testing of the company’s
sole product, the Alien….
Felt Racing Hires DVA Advertising
Felt Racing, LLC has hired DVA Advertising & Public Relations to concept and produce their 2006 advertising campaign. DVA's efforts will focus on print and television ads for Felt's two most prominent product lines–road and triathlon bikes…
DSW Inc. Shuffles Executive Suite
DSW Inc. has promoted two key executives and named two new officers as part of what they say is an ongoing initiative to position the company for continued growth and increased profitability. Debbie Ferree has been named Vice Chair and will retain her ro