Reebok International on Friday confirmed that the company will not re-sign Andy Roddick when his contract expires on May 1, saying the decision came about after assessing what was “best for the business.” Roddick is rumored to be close to a deal with Lac
Tag: Supplier
Outdoor Industry Takes Message to D.C…
Members of Outdoor Industry Association gathered in Washington, D.C. last week to address several issues critical to the growth of the outdoor industry at the annual Capital Summit. By all accounts, this year was the most successful and most well-run even
SnowSports Industry Looks Across Cultures…
Diversity was a key focus of the second annual Snow Industry Summit held at Copper Mountain Ski Resort, and the organizers of the event brought together a talented and very motivated group of speakers to help address the issue. The issue of diversity in t
adidas Expands Boston Marathon Deal to Include Bib Display
adidas and the Boston Athletic Association (B.A.A.) will announce a new sponsorship deal that allows adidas to display its logo on the official race bibs of the Boston Marathon. The deal is effective as of this year and will be officially announced at the
Palmer Announces Record Sell-Through
Palmer Snowboards announced to the industry that after a very slow season start, retail sell-through at the close of February is over 61% of the Palmer boards available in the US market. With a weak snow season in several key regions, it looked like the w
Serial Acquirer Alert: Quiksilver Nabs Aussie Retailer…
Quiksilver has been on quite the acquisition tear recently, expanding both their wholesale division through the Rossignol deal reported last month, and now their retail division through the acquisition of Surfection. Surfection has been operating in Austr
Retail Execs Stay Upbeat in March…
After a nice retail rebound in February, Retail Executives apparently kept their upbeat attitude in March as an early Easter promised to give them a lift versus the year-ago period. Still, the holiday lift for the month only brought the execs’ outlook fl
Quadriga Acquires Jack Wolfskin…
Funds advised by Bain Capital have sold all shares of Jack Wolfskin to private equity firm Quadriga Capital. Jack Wolfskin’s top management will continue to hold a considerable, but minority, part of the shares. No financial details were disclosed, but J
Annual NSGA Participation Study Sees Little Shift in Top Categories…
The National Sporting Goods Association last week issued some early numbers from its sports participation report for 2004, again pointing to Exercise Walking as the largest participation sport in the U.S. last year. The data, which is part of a broader a
Callaway Carefully Managing to a 50% Drop in Earnings for Q1…
Callaway Golf Company said its first quarter revenues will likely fall more than 17.5% for the period, a decline the company said was at least partially expected as they staggered new product launches more evenly this year and carefully managed the amount
Puma Looks to Come Out of FIFA Action in One Piece…
News out of Germany last week has the Court there apparently siding with Puma AG in the ongoing dispute over a one-piece kit the company had designed for Cameroon. FIFA had previously fined Cameroon for wearing the uniforms during the African Cup in 200
Deuter Appoints New Bike Sales Manager
Deuter announced that Rich Murray has been appointed Bike Sales Manager for the U.S. market. Murray will now be responsible for all aspects of Deuter’s domestic bike accessory, packs and hydration sales. He begins the job with a strong mandate to provide
AND 1 Acquires Footwear License for Triple Five Soul
Seth Berger, CEO of basketball footwear and apparel company AND 1, announced the company’s first footwear license acquisition, Triple Five Soul. AND 1 will be handling the design, sales and marketing of the footwear for the Brooklyn-based lifestyle appar
Shoe Carnival March Comp Jump 13.0% on Easter Shift
Shoe Carnival, Inc. reported sales for the month ended April 2 increased 18.4% to $67.1 million from sales of $56.6 million for the five-week period ended April 3, 2004. Comparable store sales increased 13.0% in March 2005…
Nordstrom March Comps Climb 5.5%
Nordstrom reported preliminary sales of $657.3 million for the five-week period ending April 2, 2005, an increase of 6.7% compared to sales of $616.3 million for the five-week period ending April 3, 2004. Same-store sales increased 5.5%. Preliminary quart