Acushnet Q3 Sales Slide 9.5%
The Acushnet Co, the division of Fortune Brands that includes the Cobra, Titleist and FootJoy golf brands, saw third quarter revenue decline 9.5% to $278.6 million from $307.9 million in the year-ago period. Sales in constant currencies were down 7% for
VF Corp. Q3 Revenues Decline, but TNF and Vans Grow
VF Corp. reported third quarter revenues declined 5% to $2.09 billion from $2.2 billion in the year-ago period, with foreign currency translation accounting for two percentage points of the decline. Net income declined to $217.9 million, or $1.94 a share.
Remington Parent to Float an IPO
Cerberus Capital is planning an initial public offering of stock in its Freedom Group, Inc. business, which manufactures and markets firearms under the Remington, Marlin, Bushmaster, DPMS, H&R, L.C. Smith, Parker, Dakota Arms, Miller Arms, and Nesika bran
Warnaco Names President of Chaps
The Warnaco Group, Inc. appointed Michael Prendergast as president of its Chaps division. Prendergast joins Warnaco from ROC Apparel, LLC, where he served as Group President for Rocawear. Previously, he spent seven years with Tommy Hilfiger…
Atlanta Falcons Owner to Acquire PGA TOUR Superstores
Golf & Tennis Pro Shop, Inc., owner and operator of PGA TOUR Superstores, announced it has reached a preliminary agreement for Golf & Tennis Pro Shop to become a majority-owned subsidiary of AMB Group, LLC. AMB Group is owned by Arthur M. Blank and is als
Mark Ecko Names VP, E-Commerce
Mark Ecko Enterprises has named Bryon Colby, former managing director of e-commerce technology provider Fry Inc.’s New York office, vice president of e-commerce…
Northern Lights Further Expands its Footprint
In May 2008, Jay Allen, a former financial analyst for a medical devices manufacturer, jumped headfirst into the outdoor specialty business with his purchase of Northern Lights Trading Co. in Bozeman, MT. The purchase included both the Northern Lights sto
LaCrosse Footwear Sales Edge Up 1.2% in Q3
LaCrosse Footwear, Inc. reported net sales of $40.8 million in the third quarter, up from $40.3 million in the third quarter of 2008. Net income was $2.2 million or 35 cents per diluted share, compared to $2.8 million or 43 cents, a year ago…
Lafuma Group America Completes Acquisition of Eider and Killy Brands
The Lafuma Group's US subsidiary has successfully completed its acquisition and full integration of two leading French ski brands, Eider and Killy. The company said the combination of Eider and Killy strengthens the group's already diverse portf
Johnson Outdoors Hosts Roundtable Discussion with New York Governor
Johnson Outdoors was the site of a roundtable discussion hosted by New York State Governor, David A. Paterson on October 26. Due in part to its adaptation of leading edge solar technologies in Eureka! military tents, Johnson Outdoors was identified as a
Amer Sports’ Rights Offering Oversubscribed
According to preliminary calculations, a total of approximately 72.1 million shares were applied to be subscribed for in Amer Sports rights offering. Compared to a total of approximately 48.5 million shares offered, this represents a total subscription le
Sunice Hires Golf Sales Reps
Sunice, the Montreal-based outerwear firm, announced the hiring of 27 veteran golf sales representatives in the U.S. Sunice’s new sales team includes a broad core of former outerwear sales specialists…
ASICS Corp. Opens First U.S. Store
ASICS last week opened its first retail store in the U.S., choosing New York City to showcase the brand in advance of the NYC Marathon as the company continues to find growth despite the troubled economy. “Our U.S. business is doing very well,” said Rich
Insight Technology Adds All Sports as Distributor
Insight Technology, a provider of tactical lasers, illuminators and thermal imaging equipment, has added All Sports, a member of the Big Rock Sports group, as its newest commercial distributor…
Cybex Posts Slight Q3 Profit; Falling Health Club Sales Prompt Change
A languid fitness club environment continued to hinder Cybex in the third quarter, and the exercise equipment manufacturer will focus on broadening its markets to compensate for declining health club orders…