SGB Update Footwear
REI Appoints New Board Member
Recreational Equipment, Inc. appointed Jesse King to a one-year term to the company's board of directors. King, 52, resides in Evergreen, CO. A consultant in the arenas of leadership, organizational development and philanthropy, King has assisted num
LaCrosse Footwear Q2 Income Slips on 14% Sales Gain
LaCrosse Footwear, Inc. second quarter consolidated net sales were $24.9 million, up 14% from $21.8 million in the second quarter of 2006.Operating income was $1.4 million in the second quarter of 2007, up 44% from $1.0 million in the second quarter of 20
Marmot Launches New Marketing Campaign…
Marmot is launching a new brand position heading into OR that is designed to more thoroughly explain to the consumer exactly what the Marmot brand is all about. The new brand statement that summarizes this positioning is “Marmot For life – People, Product
Confluence Restructures Sales Organization
Confluence Watersports announces the restructuring of its sales organization. The new structure features four regional sales managers who will be responsible for the sales representatives and sales activities in their respective territory and will report
Implus Footcare Acquires Sneaker Balls
Implus Footcare acquired Sneaker Balls, a patented shoe deodorizing product. “The Sneaker Balls acquisition further complements our commitment as a leader in the footwear accessory market,” said Todd Vore, Implus President. “We are excited to add Sneaker
California Bans Sale of Kangaroo Leather Cleats
The California Supreme Court has banned the sale of kangaroo leather soccer cleats in a unanimous decision rejecting an argument by adidas that federal law pre-empts a California ban on the products. In the case, Viva International Voice of Animals argued
Oakley Extends Ducati License
Oakley, Inc. has renewed its licensing agreement with Ducati Motor Holding S.p.A. for an additional three years. The agreement was originally established in 2003.
Spalding Takes Top Share in Volleyballs
Spalding reports that its volleyball dollar share within the Sporting Goods channel has spiked to 35%, up from just 7% one year ago and now takes over as the category leader. The company says its strong market sahre improvement comes from a combination of
Billabong to Acquire South Africa Licensed Business
Billabong International Limited has reached in-principle an agreement to acquire its licensed business in South Africa. The business comprises a wholesale distribution channel (and associated outlet store) and small-scale manufacturing facilities. The acq
Bushnell Acquired by Private-Equity Firm…
Bushnell Outdoor Products was sold from one private equity firm to another last week as MidOcean Partners acquired the optical and outdoor products firm from Wind Point Partners. Terms of the deal were not disclosed, but local papers reported the total e
Possible Port Strike Could Stymie Holiday Deliveries…
The Ports of Long Beach and Los Angeles currently face a strike that could send ripples throughout the sporting goods industry, causing late deliveries of fall and back-to-school product. The International Longshore and Warehouse Union threatened to hono
Rebel Sport NZ Parent Expects H1 Income Slide…
Rebel Sport in New Zealand’s parent company, Briscoe Group, is having a tough first half, reporting that H1 net income will be “up to 15% lower” than the NZ$12.0 million ($7.6 mm) recorded in the year-ago period…
Delta Apparel to Close Plant, Cut Jobs…
Delta Apparel Inc., parent to M.J. Soffe, plans to close an Alabama plant, cut 110 jobs, and take restructuring charges as it moves some manufacturing to Honduras. As a result, Delta slashed its Q4 earnings outlook. The company predicts earnings of betw
Garmin Acquires Another International Distributor…
Garmin Ltd. plans to acquire Electronica Trepat S.A., the company’s principal distributor in Spain. The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial
Nike, Inc. Sidelines Latest Michael Vick Shoe…
Nike, Inc. last week suspended the introduction of Atlanta Falcons quarterback Michael Vick's latest shoe two days after a federal grand jury indicted him for allegedly conspiring to run a dog-fighting operation from a home he owned in Virginia. Vick
