Look Cycle Signs Licensing Agreement for Rossignol Apparel
The Rossignol Group and Look Cycle have signed a multi-year licensing agreement for Rossignol apparel…
Dorel’s Rec. and Leisure Division Sees Declining Sales and Earnings
Dorel Industries Inc. Recreation & Leisure Division reported that sales declined 6.1% to $518.5 million compared to $552.2 million last year. Excluding the impact of the new business acquisitions and foreign exchange variations on the segment's non-U
OBIT: Tews Two Sportng Goods Edward Lemke
Edward E. “Jiffy Ed” Lemke, owner of Tews Two Sporting Goods hunt & fish store in Oshkosh, WI, passed away peacefully at his home on Nov. 6, 2009, according to The Post Crescent. He was 71…
Berkshire Apparel Unit Sees Declines
Berkshire Hathaway reported sales in its Other Manufacturing segment, which includes Fruit of the Loom, Russell and Brooks Sports, slid 12.9% to $3.24 billion from $3.72 billion. Pre-tax earnings of the segment were $293 million, a decrease of $185 milli
Garmin’s Q3 Sales Slide Despite Record Sales from OD/Fitness
Garmin Ltd. reported revenues slumped 10.2% in the third quarter of 2009, reflecting significant weakness from the company’s Auto/Mobile and Aviation segment that more than offset growth from the Outdoor/Fitness and Marine segments. Revenues for the
Mountainsmith Hires Western Reps
Pacific Recreation Sales (PacRec), based out of Bakersfield, California, has been retained by Mountainsmith LLC to oversee sales and marketing efforts in California, Arizona, Nevada and Hawaii…
Adidas Group Positive While Posting Q3 Declines
The adidas Group reported that top-line revenues trends had not changed materially since its fist half report, but the company, which also owns the Reebok, CCM-Reebok, Rockport and Taylormade brands in addition to the namesake adidas brand, produced a 
Amazon Closes Zappos Acquisition
Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.40 a share, for the business, up from $928 million when the deal was first announced on July 22. As expect
CIT Group Files for Bankruptcy Protection
CIT Group Inc., the commercial lender and the leading factoring company in the U.S., filed for bankruptcy in an effort to cut $10 billion in debt following a failed debt exchange and U.S. taxpayer bailout. CIT’s factoring subsidiary, CIT Trade Finan
Genesco Acquires Sports Fan-Attic
Genesco Inc. announced that its Hat World subsidiary acquired Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties. Sports Fan-Attic operates 37 stores largely in regional malls in seven states.
Golf Datatech: Sept. Rounds Up 4.2%; YTD Up 0.5%
According to a report from Golf Datatech, golf rounds played in the US in September were up 4.1% compared to September 2008 and up 0.5% for the year to date period. Public courses reported rounds-played increases of 4.6% and 0.8% for the month and YTD, re
SportScanInfo: Early Winter Weather Helps Push Outdoor Sales Increase in October
An early start to winter this year spurred sales of cold weather footwear and apparel at the sporting goods industry retailers and chain stores that report sales to SportScanInfo. With snow falling in the Rockies and abnormally cold weather hitting the No
K-Swiss Inc. Sees Some Light in New Products, but Legacy Products a Drag in Q3
K-Swiss, Inc. worked though another quarter of downward trending sales in the third quarter as worldwide revenues declined 23.7% to $70.6 million for the period, compared to $92.6 million in the year-ago period. The company posted a $2.9 million loss for
Kirk Richardson Named Interim President of Mountain Hardwear as Wallenfels Departs to Timbuk2
Mountain Hardwear named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO of Timbuk2 Designs…
Warnaco Swimwear Posts Loss After FINA LAZR Ruling Charge
Warnaco's swimwear segment reported a Q2 operating loss of $7.4 million after a $3.6 million charge ($2.2 million after-tax) to write off inventories of its Speedo LZR Racer product. The loss compared to a year-ago deficit of $10.2 million, which inc