Shock Doctor Beefs Up Management Team
Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company's brand on a worldwide basis. Donahue will helm the
Globe International’s Sales Slide 4.5% in Half
Globe International's sales fell 4.5% in the six months ended Dec. 31, to Australian $60.6 million (U.S. $39.3 million). In constant currency terms, sales dropped 11%. The EBITDA loss was A$5.7 million ($3.7 million) compared to earnings of A$1.1 mil
Callaway Golf Files Patent Infringement Suit Against Acushnet
Callaway Golf Company has has filed a new patent infringement lawsuit in the United States District Court for the District of Delaware against The Acushnet Company, the golf business of Fortune Brands, Inc. The lawsuit alleges that the new 2009 Titleist P
Pacific Brands Restructures As H1 Sales Dip 2.9%
Pacific Brands is implementing a new strategy – Pacific Brands 2010 – to restructure and sharpen the focus of the business. The company will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesse
Protests Prompt Schools to Cut Russell Ties
A host of colleges across the country have ended their licensing agreements with Russell Athletic over charges that a plant in Honduras was closed in order to shut down a union. Russell has said the closing was in response to economic reasons and denied t
Analysis: Women Consumers at Sporting Goods Retail…
A frequently-cited marketing maxim holds that women drive 80 percent of consumer purchases at retail. While finding the original source of that figure has proven to be elusive, most will agree that women are responsible for a significant level of spending
Deckers Full Year, Fourth Quarter Sales Surge on Continued UGG Strength
Driven by seemingly irrepressible demand for UGG, Deckers Outdoor Corp.'s fourth quarter sales surged to $303.5 million, a 56.3% increase from the fourth quarter last year. Domestic sales jumped 59.5% to $283.4 million, while international sales adva
Stimulus Plan Brings $3 Billion for Public Lands
The stimulus plan signed by President Obama on February 13, formally known as the “American Recovery and Reinvestment Act of 2009” brings with it $787 billion worth of directed spending, appropriations and intended tax relief for Americans. Roughly $3 bil
Big 5 Sees Comps Slide Cut into
Soft sales of winter-related products caused by a flagging economy and a warmer-than-usual winter stymied sales for Big 5’s fourth quarter. Overall, sales declined 5.4% to $219.6 million from $232.1 million in the year-ago period. Comps for Big 5 fell 8.
OBIT: Founder of Crazy Creek Rob Hart Dies in Ski Accident
Robert “Rob” Dixon Hart, 51, founder of Crazy Creek Products died Feb. 20 in a skiing accident on Red Lodge Mountain. Hart founded Crazy Creek Products with his first wife Louise “Weezie” Chandler in Red Lodge, MT in 1988…
Crocs Appoints Duerden as CEO
Crocs, Inc. has appointed John Duerden to serve as the company’s president and CEO, effective March 16, 2009. Duerden is succeeding Ron Snyder, who is retiring and resigning as president and CEO but will continue as a member of the CROX board of director
Backcountry.com’s Parent Sees Robust E-Commerce Gains Despite Rough Q4
Liberty Media Group’s e-commerce businesses, which include Backcountry.com, experienced revenue growth of 65.0% in the fourth quarter and 92.0% for the year. The company saw adjusted operating income (OIBDA) growth of 19.0% in the fourth quarter and 78.0%
NSGA: Athletic Footwear Prices Up 1.6% in 2008
Preliminary data from the NSGA “Sporting Goods Market in 2009” report puts the average price point for athletic footwear in 2008 at $43.71, a 1.6% increase from 2007. In 2007, the average price had risen 2.1% to $43.03…
RECALL: 78,000 Bowflex Units
The U.S. Consumer Product Safety Commission and Nautilus, Inc. have recalled about 78,000 Bowflex Ultimate 2 Home Gyms after it was determined the unit's horizontal seat rail can unexpectedly fall on the user or bystander…
Garmin Q4 Revenue Falls Despite Outdoor Gains
The Outdoor/Fitness segment provided a boost for Garmin’s fiscal year 2008 results, despite a rocky fourth quarter. Total revenue for the company’s fourth quarter ended December 27 was $1.05 billion, down 14% from $1.22 billion in fourth quarter 2007…