SGB Update Outdoor
Timberland is Again One of ‘100 Best Corporate Citizens’
For the seventh consecutive year, Timberland has been recognized by Business Ethics Magazine as a “100 Best Corporate Citizen” for its corporate social responsibility efforts. In its Spring 2006 issue, Business Ethics Magazine reveals the results of a sur
Amer Sports Narrows Q1 Loss on 8% Sales Increase
Amer Sports' first quarter net sales grew by 8% to €417.4 million ($501.9 mm) compared to €385.0 million ($505.3 mm) in 2005. Comparable net sales in local currencies were up 3%. Earnings before interest and taxes (EBIT) amounted to €1.6 million ($1.
Bauer Resigns from Anitgua Board
The Antigua Group Inc. accepted the resignation of Kim Bauer, C.A., has resigned as a director of Antigua. The board of directors thanked Bauer for his valuable contributions and service to Antigua during his tenure as director…
TSA Shareholders Approve Take-Over Bid
The Sports Authority, Inc. announced that its acquisition by an investor group led by Leonard Green & Partners, L.P. was approved today at a special meeting of stockholders. The acquisition is expected to be completed within the next few days.
National Study Finds Most States Fail PE
Despite skyrocketing childhood obesity rates and calls from Congress, the Surgeon General and Centers for Disease Control and Prevention for high quality daily physical education programs, most states receive a failing grade on their physical education re
Everlast Offers Boxing Equipment in South Africa
Everlast Worldwide Inc. has expanded its agreement with an existing licensee “Better Brands” to include boxing equipment in South Africa…
Pittards Names Blackford as Group Financial Director
Pittards Group Financial Director John Howard Buckley will retired on May 1 after twenty years in the role. The company appointed Robert Martin Lindsey Blackford as Buckley's replacement…
Suunto Partners with Jelly Belly Pro Team
Suunto has partnered with the Jelly Belly Pro Cycling Team, making the Suunto t6 the organization’s official training tool. Jelly Belly pros will use the Suunto t6, Suunto Ambassador Strap and Suunto Bike POD to record laboratory-accurate assessments of t
Sport Haley Ends Relationship with Investment Banking Firm
Sport-Haley, Inc.'s Board of Directors has notified the investment banking firm of Caymus Partners LLC of the Board's intent to terminate the Company's agreement with Caymus, effective May 14, 2006. Caymus had been engaged since December 14
Amer Shifts Reporting Groups…
Amer Sports has revised its segment reporting with new business segments reporting. The new structure will be divided into Salomon, Wilson, Precor, Atomic, and Suunto. This new segment structure is in line with the Group's current organization struct
Deckers Ramps Up Marketing for All Brands Amid Sharp Sales and Earnings Declines…
While the Teva and UGG brands under Deckers’ umbrella experienced several quarters of consistent growth, Simple has been somewhat of a neglected stepchild. However, in the first quarter of 2006, these roles were reversed as Simple was the only brand to sh
adidas Looks to Fight Back Over Three-Stripe Ruling…
adidas is filing suit against the four tennis grand slam events and the International Tennis Federation, who oversees those majors, in an effort to overturn a ruling that would limit the size of the adidas three-stripe logo worn by sponsored athletes. Wi
K2 Inc. Sees Synergy Boost in Q1 to Beat Street…
K2 Inc. managed to shrug off increased raw material and labor expenses to exceed Street estimates and internal guidance for both sales and earnings during the first quarter of 2006. The Team Sports business was the primary driver with every significant se
Callaway Has Solid Q1 Earnings Gain on Flat Sales…
For the second consecutive first quarter Callaway Golf Company took a hit on its share price after pre-announcing expectations for the period. Management apparently expected a different reaction this year than last year when it pre-warned that sales and
Acushnet Benefits from Earlier Product Launches…
Fortune Brands reported that excellent reception on new high performance products from Titleist and Cobra fueled a record first quarter for its Acushnet Golf division, which also includes the FootJoy brand. Sales for the period increased 9.0% to $372.5 m
