SGB Update Outdoor
Nike Inc. CEO Resigns; Parker Gets Nod as Chief Exec
The Board of Directors of NIKE, Inc. have appointed Nike brand co-President Mark Parker as the company's new President and Chief Executive Officer following the resignation of William D. Perez. Parker also succeeds Perez on the company's Board
Fischer Inks New Deal with Rottefella
Rottefella, the Norwegian ski bindings manufacturer, inked a new contract with Fischer, and in the process secured a leading worldwide market position in the cross country and back country segment. Prior to the contract with Fischer, Rottefella represente
EORA Confirms 2006 Show Dates
EORA has confirmed its 2006 show dates with the addition of Preview Shows in mid July for all three regions. The Preview Shows will be structured as smaller events for those members with earlier product previews, ordering (buying program) deadlines and d
Kelty Launches Keltywoman.com
Kelty is launching an integrated outreach and marketing campaign designed to create a community for women and rekindle their sense of outdoor adventure. Known as Kelty Woman, the 2006 campaign includes integrated initiatives ranging from a dedicated websi
Axis Outdoor Hires CGPR
Axis Outdoor has hired CGPR as its public relations agency of record. CGPR, based in Marblehead, Mass. is a consumer public relations firm with roots in the consumer, outdoor and sporting goods industries…
Mountain Hardwear Restructures Philanthropic Arm
Mountain Hardwear has restructured its philanthropic giving program. The new program, called Mountain Hardwear Gives Back, has five arms designated to reflect the company’s priorities…
SIA Presents Retailer of the Year Awards
The SIA.06 Show got a jump start on Day 2 with the announcement of the SIA Retailer of the Year awards. Just before the doors opened to Day 2 of SIA.06, Diane Boyer-Irwin, SIA Chairwoman and Dick Leffler, Past Chairman presented the award for “2006 Retail
The State of the Industry 2006: Innovation Again Rules Supreme…
The Sporting Goods Manufacturers Association released their annual State of the Industry report at this week’s Super Show in Orlando, citing strength in the fashion end of the athletic footwear and apparel business and a stronger economy for the estimated
Russell Corp. Sees Big Savings in Latest Restructuring…
Russell Corporation saw RML shares jump more than 8% on Friday after a late report Thursday that it would cut approximately 2,300 jobs worldwide and shift more production off-shore on the way to saving $35 million to $40 million annually on a pre-tax basi
Crocs Sets IPO Target Price…
Crocs, Inc. filed an amended S-1 last week setting a price range for its IPO that would see its market capitalization soar to nearly $530 million at the mid-point of the $13 to $15 target price range. Crocs, which filed for the Initial Public Offering in
Sport-Haley Sees Final Settlement in SEC Civil Action…
Sport-Haley, Inc announced that the U.S. District Court in Colorado has entered a Final Judgment, pursuant to a settlement reached with the Securities and Exchange Commission to resolve the pending claims in the civil action brought by the SEC against Spo
U.S. Doles Out Military Deals to Industry Companies…
Congress' fiscal year 2006 Department of Defense Appropriations Act has passed and includes substantial funding for three leading outdoor industry companies. InSport International, Inc., Malden Mills and Outdoor Research will design and manufacturer
Fitness Companies Get a Work-Out…
In back-to-back-to-back announcements, three of the industry’s leading fitness companies reported difficulties and setbacks that impacted earnings for the final months of 2005. Icon Health & Fitness, Cybex, and Nautilus all reported problems stemming from
Judge Dismisses “Sneakergate” Case…
A federal judge in Indianapolis has dismissed a lawsuit brought by Finish Line, Inc. that accused their chief rival, Foot Locker Inc. of stealing their employees. The judge ruled that FINL employees were not bound by any restrictive covenants keeping the
TOTAL RECALL
Syntace USA is recalling about 2,300 F99 (Force 99) Bicycle Handlebar Stems. The recalled bicycle stems can crack or break under normal conditions, causing the rider to fall and suffer serious injury.
Mizuno USA is recalling about 12,800 Mizuno “Gamer”