SGB Update Footwear
Yakima Inks Deal with CenterStone
Yakima Products has selected CenterStone Technologies' iVendix software application. iVendix will provide Yakima with a business-to-business online ordering solution for their retail dealers and sales reps in North America. When Yakima goes “live” on
Jeff Weidman Takes a Step Back from Rutabaga…
After five years at the helm of Rutabaga, store co-owner Jeff Weidman is reducing his day-to-day involvement, as well has his share of the business. Darren Bush, Weidman’s business partner, will be stepping up and taking on more responsibility. Bush has b
Garmin Inks Deal to Acquire Its Danish Distributor…
Garmin signed a letter of intent to acquire Fairpoint Navigation, the distributor of the company's consumer products in Denmark. The completion of the acquisition – expected to occur in January 2008 – depends on negotiations and the execution of a de
Conservation Alliance Distributes $400K in Grants…
The Conservation Alliance sent checks totaling $400,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final disbursal of funding for 2007, and represent the largest single funding round in
Saucony Looks to Pick Up Share in Run Specialty; Sees New Focus on Originals…
Richie Woodworth, president of Saucony, Inc., said the company has three very distinct and main areas of focus for the future. First, they will continue to focus on continued growth in the core running specialty channel. Woodworth said they now hold the
West Marine Sees Store Closures Hurt Sales Line in Q3
West Marine, Inc. saw comps sales inch up 0.3% for the third quarter as net sales decreased 4.1% to $187.5 million from $195.6 million last year, following the closing of 35 stores in 2006…
Nautilus Cuts 80 HQ Jobs
Nautilus, Inc. plans to reduce its workforce by 140 positions, including 80 spots at the company's headquarters. The rollback will cause the company’s expense line to be diminished by “more than $10 million on an annualized basis.”…
Pro Golf of America Acquired By Investment Group…
Pro Golf of America Inc., the franchisor for 80 independently owned Pro Golf stores, has been acquired by an investment group in bankruptcy proceedings. Terms of the deal were not disclosed. Pro Golf’s assets were sold after Ajay Sports Inc., the former m
Rusty Names New Design Director
Rusty North America, the surf brand, appointed Murphy Martines as its director of merchandise and design. Martines most recently was creative director for their action sports divisions of Redsand and Gotcha at Perry Ellis International…
WHAM-O Awarded $6M in Trademark Lawsuit
WHAM-O Inc. said it had prevailed in its suit against SLB Toys USA, Inc. (also known as Manley-Toyquest or ToyQuest) for infringement of WHAM-O's registered trademark on the color 'yellow' for water slides. WHAM-O was awarded the sum of $6
Nautilus Slashes 140 Jobs
Nautilus, Inc. plans to reduce its workforce by about 140 positions, including about 80 at the company's headquarters, to trim its expenses by more than $10 million on an annualized basis. The adjustments equate to about 9 percent of the company'
PacSun September Comps Climb 2.7%
Pacific Sunwear of California total sales for September were $106.2 million, an increase of 5.3% over total sales of $100.9 million during the same five week period ended October 7, 2006. Total Company same-store sales increased 2.7% during the same perio
Stage Stores September Comps Climb 2.3%
Stage Stores' total sales for September increased 5.6% to $127.8 million from $121.0 million for the prior year. Prior year sales results include inventory liquidation sales of $2.9 million generated by the acquired B.C. Moore stores prior to their c
Rock/Creek StumpJump Raises $4,000 for Cumberland Trail Conference
The 7th annual Rock/Creek StumpJump 50K sold out months in advance, attracting 400 runners and raising $4,000 for the Cumberland Trail Conference. Friday before the race, Rock/Creek hosted the general public for a Vendor Fair, and then served racers a cat
Bufo Surfboard Manufacturer Finds Royal Investor
German surfboard manufacturer Hydroflex Technologies GmbH, which makes the bufo boards brand, has received an an investment by the Prince of Hohenzollern in order to help with its U.S. expansion…
