SGB Update Outdoor
Vendor Q3 Results Again Get Acquisition Lift…
Industry vendors in both the Softgoods and Hardgoods categories looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line.
Sports Authority Sees Renewed Energy in October; Outdoor Cited as Issue…
The Sports Authority was able to report fiscal third results compared against combined results as a merged entity in the year-ago period, finally giving the market a real apples-to-apples view of the business for the first time since the deal to merge Gar
Perry Ellis Would Look at Selling Jantzen Swim Business; Cuts Workforce 25%…
Perry Ellis International said it is open to any potential suitors for its Jantzen Swimwear business, which has the license for Nike Swimwear and Tommy Hilfiger Swimwear. That revelation came at the tail-end of the company’s conference call to discuss Q3
Fitness Quest Recalling Ab Lounges…
Fitness Quest Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of approximately 460,000 Ab Lounge, Ab Lounge 2, and Ab Lounge Ultimate Exercisers. Consumers have been advised to stop using the recall
Huffy Corp. to Sell Assets to Forzani; Moves to Focus on Bikes and Golf…
Huffy Corporation has filed a motion in U.S. Bankruptcy Court seeking permission to sell a number of its Hockey and Action Sports brands and assets to Forzani Group Ltd. in a deal worth $1.6 million. The Hespeler hockey brand and the Rage, Dukes, Skate A
K2 Inc. Acquires Miken; Rolls Brand into Rawlings…
K2 Inc. has acquired yet another company to “tuck-in” to its team sports division. Miken Sports, the Caledonia, Wisconsin-based manufacturer of carbon fiber softball and baseball bats was acquired two weeks ago for an undisclosed sum. The deal had report
Nike Golf Taps Industry Vet to Run U.S…
Nike has tapped Cindy Davis, senior vice president of The Golf Channel, as general manager for Nike Golf in the U.S. Davis, who was previously president and CEO of Arnold Palmer Golf Company, replaces David Pillsbury, who left Nike in August to become CO
SIA and USSA Ink Deal to Promote SnowSports
SnowSports Industries America and the United States Ski and Snowboard Association are partnering to bring the world of snow sports directly to physical education professionals, coaches and athletic directors in schools throughout the United States. Levera
CenterStone Technologies Adds Helly Hansen to Client List
CenterStone Technologies, Inc., an internationally recognized leader in sales order management solutions, has added Helly Hansen to its client list of premium brands. Headquartered in Norway, in the town of Moss, Helly Hansen manufactures technical outerw
Everlast Adds Two More Licensing Deals
Everlast Worldwide has expanded its relationships with two licensees. Muse Marketing Limited, based in Hong Kong, will introduce Everlast apparel in Hong Kong and Hong-Kong-based Stelux Watch Ltd., which is launching Everlast-branded watches in China, Hon
Mossimo Hires CPA as CFO
Mossimo announced the hiring of Vicken Festekjian to the position of Chief Financial Officer. Mr. Festekjian joins Mossimo from the accounting firm of Moss Adams LLP. During his tenure at Moss Adams, Mr. Festekjian served in various positions, most recent
Smith Optics Restructures
Effective immediately, Smith Optics will be implementing a departmental re-structuring. With the retirement of Marketing Senior Vice President Kerry Marumoto, the organizational makeup has been re-evaluated and structural changes will be executed…
Lotto Hires New Marketing and Communications Director
The Lotto Sport Italia Marketing & Communication Office has hired a new Director. Edoardo Artaldi, the former director has decided to take a step in a new professional direction. His role has been recently filled by Alberto Landi, now Italian Sports brand
Perry Ellis Sees Flat Q3; Swim Disappoints
Perry Ellis International, Inc. reported total revenue for the third quarter ended October 31, 2004 of $160.7 million, compared to $159.5 million reported for the same period last year. Net income for the third quarter was $7.2 million, or 72 cents per f
Jetboil Receives International Media Awards
Jetboil Inc. is winning more recognition and awards from top national media outlets. This week, Jetboil receives high honors from gear and technology experts at Outside, Men's Journal, Popular Science, and TIME magazines. The kudos follows endorsemen