Gatorz Inc. Completes Private Placement Offering
Gatorz Inc., the Toronto-based sunglasses vendor, has completed a non-brokered private placement offering previously announced on July 31, 2009 and August 25, 2009…
Consumers Still Buying Green
According to a survey from a Massachusetts-based research group Grail Research, 86% of U.S. consumers have bought at least some green products. The survey found that that only 1% of those who previously purchased green products had abandoned that category
PrimaLoft Partners with Film and Book Festival
PrimaLoft – Insulation Technology announced that it will be a sponsor of the 2009-2010 Banff Mountain Film and Book Festival, and North American Tour…
ENI-JR286 Becomes Global Licensee for Nike Fitness Product
ENI-JR286, Inc., based in Redondo Beach, CA, has entered into a new exclusive long term relationship with NIKE, Inc. As per the agreement, ENI-JR286, Inc. will become the global licensee for certain Nike’s fitness and sports equipment accessories..
Amer Sports Supports Youth Development in Africa
For the past three years, Amer Sports has supported the development of school sports in Tanzania through the Finnish non-governmental organization LiiKe ry (Sports Development Aid). LiiKe trains teachers to be physical education instructors and organizes
Modell’s Sporting Goods Launches Rebirth Strategy
Modell's Sporting Goods last week launched a comprehensive reinvention initiative entitled “Rebirth.” Prototypes that opened in Pelham and Bay Plaza in the Bronx include “category shops” that sell key sports from top to bottom, revamped footwear depa
Cybex Teams Up with Breast Cancer Research Foundation
Cybex International, Inc. said hundreds of the company's pink 750T treadmills will be moving at varying speeds in fitness clubs and YMCA’s across the country throughout the month of October – and with a purpose – to raise funds for The Breast C
Nike, Inc. Overcomes Fiscal Q1 Sales Decline
Nike, Inc. saw shares rise 5.8% for the week to close at $62.02 on Friday despite a double-digit decline in fiscal first quarter revenues. The increase came as some analysts upgraded the stock after the company beat Wall Street earnings estimates on redu
Talking Growth at Thomas Weisel’s Consumer Growth Conference
At the Thomas Weisel Consumer Conference, executives began talking about ways to find growth for a change. While many cautioned that the market is not out of the woods yet and inventory and expense controls were in place, the execs appeared to agree that
Yue Yuen Year-to-Date Profit Falls Despite Revenue Gain
Yue Yuen Industrial (Holdings) Limited reported sales for the nine months ended June 30 rose 4.8% to $3.8 billion. Profits decreased 17.2% to $362.8 million. Excluding non-recurring items, recurring profit attributable to equity holders increased by 9.5%
Modell’s Sporting Goods Plots Strategy for “Rebirth” Initiative
In its biggest overhaul since changing its name from “Modell's Shoppers World” in the late 1980s to focus solely on sporting goods, Modell's Sporting Goods last week launched a comprehensive reinvention initiative entitled “Rebirth.”…
Gander Mountain Intends to Go Private
Gander Mountain Co. board of directors has announced its intent to cease its public company status. GMTN’s board made the decision after concluding that the disadvantages of remaining an SEC-reporting company – including the costs associated with on
OIA Endorses ORSM Date Shift Back to August for 2010
Outdoor Industry Association endorsed a shift of the Outdoor Retailer Summer Market dates from the third week of July back to the first week of August in 2010 and beyond. The shift comes after Canoe and Kayak Magazine announced its intention to launch a c
Acushnet Assists in Breakup of Counterfeit Ring
The ringleader of a wide-ranging criminal conspiracy involving the sale of counterfeit golf equipment pled guilty to various charges, including conspiracy and counterfeiting, in a London court last week, according to a statement from Acushnet Co., the div
SGMA Moves Headquarters
The Sporting Goods Manufacturers Association (SGMA) moved its headquarters from Washington, D.C. to Silver Spring, MD…