SGB Update Outdoor
ASR Makes Sales Team Promotions
ASR promoted Malia Murray to Sales Manager and Dan Moylan to Senior Account Executive. In their new roles, Malia will be responsible for the direction of ASR sales and the show floorplan, while Dan will be working to grow key relationships and develop ne
Callaway Names VP Public Relations
Michele Szynal, formerly Director of Brand Communications for The Gillette Company and Proctor & Gamble, was named VP, Public Relations for Callaway Golf Company. In this role, Szynal will oversee the company's overall strategic communications and br
adidas Sees Strong Q3 Organic Growth; Guidance Cut on Reebok Investment
In the third quarter of 2006, adidas Group sales increased 56% on a currency-neutral basis. In euro terms, Group revenues grew 53% to €2.949 billion ($3.754 bn) in the third quarter of 2006 from €1.924 billion ($2.341 bn) in 2005. Sales for the adidas Gro
Head N.V. Q3 Profits Surge on Strong SnowSports Sales
Head N.V., for the three months ended September 30, 2006, net revenues were up 11.1% to €111.9 million ($142.4 mm)and operating profit, before restructuring costs, improved by €4.2 million ($5.3 mm) to a profit of €15.4 million ($19.6 mm). Net profit for
Athlete’s Foot Parent Reports Q3 Loss; Aggressively Seeks Acquisitions
NexCen Brands, Inc., parent company to The Athlete's Foot reported a net loss for the third quarter of 2006 of 2 cents per share, or $822,000, compared to net loss of 2 cents per share, or $835,000 in the third quarter of 2005 and net loss of 3 cents
Holiday eSpending Report Sees Continued On-Line Retail Growth
Goldman, Sachs & Co., Nielsen//NetRatings and Harris Interactive will collaborate on their sixth annual Holiday eSpending Report, conducting weekly surveys throughout November and December 2006. The three firms believe that online retail will continue its
Broder Bros Q3 Sales and Net Loss Down
Broder Bros. reported that third quarter 2006 net sales were $249.2 million compared to $255.6 million for the third quarter 2005. Income from operations for the third quarter 2006 was $8.5 million compared to $7.8 million for the third quarter 2005. Thir
Australia’s Rebel Sport to be Acquired by Archer Capital
Rebel Sport Limited entered into an agreement with a wholly owned subsidiary of Archer Capital Pty Ltd for the negotiation of a scheme implementation agreement pursuant to which an entity nominated by Archer will acquire the shares of Rebel Sport for a pr
Brunswick Moves to Cut Costs
Brunswick Corporation is taking a series of actions to cut costs, better utilize overall capacity, and improve general operating efficiencies. In all, the company will release approximately 645 employees, close portions of two boat manufacturing facilitie
Coleman Parent Prices Secondary Offering to fund Acquisitions and Debt
Jarden Corporation, Coleman's parent company, has priced its public offering of 11.5 million shares of common stock at $36.25 per share. Warburg Pincus and its affiliates are selling 7.5 million shares, bringing their ownership to under 10% of Jarden
Ski and Snowboard Hall of Fame to Host Ceremonies at SIA.07
The U.S. National Ski and Snowboard Hall of Fame and Museum will host their Induction Ceremony at the SIA.07 SnowSports Trade Show for the first time. Jonny Moseley, Julie Parisien and Trace Worthington will all be inducted into the Hall of Fame during a
Ashworth Lowers Guidance for Q4, Year
Ashworth, Inc. lowered its guidance for the fourth quarter and fiscal year, expecting consolidated revenues for fiscal 2006 ato be approximately 2% to 3% below the previously anticipated result at the lower end of $210 to $220 million. In addition, the co
New Balance and High Gear Ink Licensing Deal for Fitness Monitors
New Balance Athletic Shoe, Inc. signed a licensing agreement with Highgear USA for the New Balance Sports Monitors category. Highgear is an outdoor and fitness instrument brand based in Asheville, NC. Highgear will handle the design, development, and deli
Forzani to Take Hockey Specialty Concept Canada Wide
The Forzani Group Ltd. has decided to roll out nationally its hockey specialty banner concept, which the company said piloted “very successfully” under the Hockey Experts name in Quebec. The hockey specialty banner, which will eventually have stores coast
Footstar Boosts Q3 Operating Profit Despite Sales Decrease
Footstar, Inc. reported in a filing with the SEC that net sales decreased 5.0% to $153.6 million in the third quarter of 2006 compared with $161.7 million in 2005. Shoemart sales decreased by $3.6 million or 2.4% from $148.9 million in 2005 to $145.3 mill
