Liquidlogic and Legacy Paddlesports have completed their previously-announced merger. The close comes after months of discussion among the owners and their retailers. The business will now headquarter at the Legacy Paddlesports plant in Greensboro, NC, al
Tag: Trade
Play It Again Parent Sees Q1 Net Income Drop
Winmark Corporation, parent company to Play It Again Sports, reported first quarter net income of $662,200, or 12 cents per share diluted, down 40.5% from $1.1 million, or 18 cents per share diluted in the first quarter of 2006. First quarter revenues inc
OutDoor Show Boosts Accomodations with Caravan City
In order to increase overnight accommodations, a caravan city will be set up this summer on the OutDoor exhibition grounds in Friedrichshafen, Germany. This “hotel on wheels” is called Hymer-City. During the two international trade fairs, OutDoor and EURO
Puma AG Expects to Remain Autonomous Under PPR Structure…
Turns out the rumors were true this time. At the very least, Puma AG has a new majority shareholder that now holds all the shareholder seats on its supervisory board, and the brand may very well have a new owner when all the dust settles on the take-over
Payless Adds EVP/COO to Executive Team
Payless ShoeSource hired Bill May as executive vice president and chief operating officer, a new position reporting to Matt Rubel, chief executive officer and president. As EVP and COO, May will lead the finance, store development and IT functions for the
Foot Locker to Give New Apparel Brand a Boost
In mid-April, Foot Locker will launch ZipWay, a new athletic apparel line, at 150 of its stores across the country on Friday with the brand’s new tear-away pants that feature zippered enclosure as opposed to the typical snaps…
Nike Cuts Ties with Trek
Nike plans to drop most of its cycling apparel and footwear line for consumers as it narrows its focus to outfitting cycling teams and Nike-endorsed athletes. Nike's seven-year relationship with Trek Bicycle Corp., which produces clothing and shoes f
Thule Inks Promotional Deal with World’s Strongest Man Super Series
Thule, Inc. has partnered with the World's Strongest Man Super Series to launch its Professional line of contractor-grade rack systems and accessories during the Grand Opening Event of Joe's Sports, Outdoor & More in Bellevue, Washington…
Nocona Launches Nokona Wrecking Crew Bat Line
Nocona Athletic Goods Co. has hired David Ortiz, Miguel Tejada and Vladimir Guerrero to endorse its Nokona Rock Maple bat for game day play. In honor of these players, the company announced the group would officially be branded as “The Nokona Wrecking Cre
Walking Co. Parent Sees Tighter Margins Impact Q4 Income
For the fourth quarter, The Walking Company saw comparable store sales increase 14.5%, while increasing 10.6% for the year. The increases, however were offset by decreases at the Big Dog retail chain which prompted Big Dog Holdings, Inc. to post a decreas
Apparel Sales Story for 2006 Was About Performance…
While the women’s trend in sport footwear held the overall business in footwear in check last year, the reverse was true for the sports apparel business. Strength in the women’s sports apparel business, particularly in performance apparel, kept the overa
VF Corp. Names President of Asia Pacific
VF Corporation appointed Aidan O'Meara as president – VF Asia Pacific, a new position, effective May 1st. In his new role, O'Meara, 44, will have full responsibility for overseeing the continued growth of VF's brands across Asia and the Pac
Sports Direct’s Ashley Buys Adidas Stake
Sports Direct’s Mike Ashley has invested £183m (U.S. $350 million) on a 3.14% stake in adidas…
Reebok to Move EU HQ to Amsterdam
Reebok will move its European Headquarters from the current offices in Bolton, England to Amsterdam, The Netherlands.
Reebok’s plan to relocate its EHQ to Amsterdam will enable it to centralize its European leadership team and more effectively manage its
Woolrich Announces Succession Plan
The sporting goods industry was saddened at the sudden passing of Woolrich president and CEO Roswell Brayton, Jr., who collapsed at the company’s headquarters in Woolrich, Penn. the week before last….