Buckman’s Ski and Snowboard Shops Go Green
Buckman’s Ski and Snowboard Shops announced the construction of a 620 kilowatt solar energy system at their corporate headquarters in Pottstown, PA. Made up of nearly 3,000 roof-mounted solar panels, this system will convert sunlight into electricit
True Temper Completes Financial Restructuring
True Temper Sports, Inc., the golf shafts and performance sports equipment maker, completed its financial restructuring plan, originally announced on September 30th…
Accenture Becomes First Sponsor to Drop Ties with Tiger Woods
Accenture, a global consulting firm, became the first of Tiger Woods' sponsors to completely cut ties with the golfer Sunday. Accenture released a statement saying it was ending its business agreement with Woods, who had represented the company for s
New Balance Inks New Korean Distributor
New Balance has entered into an exclusive 11-year Korea distribution agreement with E-land, also known as The Group, an integrated fashion and retail company in Korea, as part of the company’s plan to expand its presence in key international markets
ASI Acquires Oval Concepts
Advanced Sports, Inc., the parent company of Fuji and Kestrel bicycles, has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for its patented JetStream and SCCS technology. Silver Steep Partners served as
Aetrex Settles Software Lawsuit
The Business Software Alliance (BSA), an advocate for the commercial software industry, announced settlements with BreakAway Ltd. of Hunt Valley, MD and Aetrex Worldwide, Inc. of Teaneck, NJ. Breakaway paid $75,000 and Aetrex paid BSA $100,000 in damages.
Asics America to Open New Mississippi DC
Asics America will open a new distribution center in Marshall County, MS in 2011. Phase I of the project includes a new 520,000-square-foot, 38-acre distribution center which is scheduled to open in April 2011…
West 49 Reports Strong Earnings Gains
West 49 Inc. reported net income in the third quarter improved 38.1% to Canadian $2.9 million (U.S. $2.8 mm), or CN5 cents per share, compared to CN$2.1 million ($2 mm), or CN3 cents per share, a year ago. Sales for the Canadian action sports chain declin
Gildan Q4 Sales Decline in Weak Pricing Environment
Gildan Activewear Inc. said its fourth quarter sales declined 7% mainly because it marked down inventory at its distributors to help them compete. The Canadian company said it is prepared to continue to price aggressively in an environment of weak global
Sports Direct Raises Full Year Forecast
Sports Direct International Plc reported lower pre-tax profit for the first half of the year ended Oct. 25, hurt by lower gross margins and finance income compared to last year, notwithstanding a more than 10% increase in revenues…
JJB Sports Gets New CEO
The United Kingdom's JJB Sports has named Keith Jones of consumer electronics retailer DSG International to be its new CEO and oversee its plan to return to profitability…
TYR Announces Multi-Year Partnership with USA Triathlon
TYR announced a multi-year partnership with USA Triathlon. The company, a USA Triathlon Gold Sponsor, will be the official swimwear, Team USA competition and training apparel outfitter, and swim accessories and goggles supplier for the organization…
CamelBak Recognized by Feds for Green Practices
CamelBak Products LLC has won the Green Contractor Award, a 2009 Excellence in Partnership (EIP) Award, from The Coalition for Government Procurement…
Wolverine Appoints Krueger as Chairman
Wolverine World Wide, Inc. appointed Blake W. Krueger as Chairman of the Board of Directors effective Jan. 1, 2010, succeeding Timothy J. O'Donovan, who will continue to serve on the Board of Directors…
Hanesbrands Refinances; Reaffirms 2010 Guidance
Hanesbrands Inc. reaffirmed its 2010 outlook for approximately $200 million in additional sales from net shelf-space gains and said it completed a growth-focused debt refinancing that enables the company to simultaneously reduce leverage and consider acqu
