Original Shoe Co. and Qube Head for Administration
JJB Sports,the UK retailer, said it intends to place two loss-making footwear subsidiaries into administration, a form of bankruptcy protection. JJB said its lifestyle division, which operates 64 Original Shoe Company Ltd. stores and 13 stores under the Q
Cleveland Golf/Srixon Forms National Advisory Board
Cleveland Golf/Srixon has formed a new advisory board made up of some of the most influential names in the game of golf. This new advisory board’s principal role will be to offer guidance pertaining to all Cleveland Golf/Srixon brands. They will offer adv
Vasque Names Brandywine River Reps 2008 Sales Agency of the Year
Vasque has named Brandywine River Representatives, LLC, its 2008 Sales Agency of the Year. Brandywine River Representatives had the highest percent growth both in both dollars and pairs of shoes in 2008…
Superfeet Named Official Insole of the Canadian Snowboard Federation
Superfeet Worldwide Inc. has been named the official insole of the Canadian Snowboard Federation (CSF) through 2011. Working closely with the CSF, Superfeet representatives fit Canada’s National Snowboard Team athletes, coaches and trainers with premium i
Heelys CEO Steps Down
The board of directors of Heelys, Inc. has accepted the resignation of Donald K. Carroll, Heelys' CEO since May 20, 2008, effective today. Michael W. Hessong was named interim president and chief executive officer until the board designates a full-ti
I/O Bio Adds New Sales Reps
I/O Bio, manufacturer of natural merino wool urban/base layers, has added to their arsenal of sales professionals with the addition of Morrison Sports Marketing in the hybrid Mid-East region…
Cybex Posts Loss After Charge
Cybex International, Inc. reported sales in the fourth quarter dropped to $39.3 million from $44.5 million a year ago. The company reported a net loss for the fourth quarter of 2008 of $10.9 million, including an $11.3 million goodwill impairment charge,
Yakima Names Robb Sports Sales Agency Of The Year
Yakima has named Robb Sports, located in Gainesville, Georgia, as sales agency of the year. Criteria for this designation include a combination of sales growth, new account development, new product placement and…
VF Corp. Reports Dip in Q4 Sales
VF Corporation said revenues for the fourth quarter fiscal 2009 decreased 2% to $1.91 billion, compared with $1.96 billion in the year ago period. The company said nearly all of the decline attributed to the effects of foreign currency translation…
CPSC Clarifies Policy for New Lead Limits In Children’s Products
U.S. Consumer Product Safety Commission has announced that, starting Feb. 10, 2009, consumer products intended for children 12 and under cannot have more than 600 parts per million of lead in any accessible part. This new safety requirement is a key compo
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
Nike to Lay Off Up to 4% of Employees
Nike Inc. plans to eliminate up to four percent of its nearly 35,000 people worldwide workforce as part of a restructuring and cost-cutting initiative. The company called it the “next stage of its category business model execution, which includes the rest
Crocs Asks Distributors to Absorb IP Enforcement Fees
Crocs is taking steps to save a few dollars by not spending as much on legal fees. The company has created a new model of intellectual property rights enforcement activity in all distributor regions in which distributors contribute to legal fees…
Sporting Goods Exempted From Phthalates Ban
According to the Consumer Product Safety Commission, sporting goods (except for toy versions of a sporting good) are exempted from the definition of a toy and not subject to the ban on phthalates in toys. CPSC also said exempted bicycles, playground equip
Amer Q4 Profit Hurt by Steep Declines in Americas
Double-digit declines in the Americas region caused Amer Sports' Q4 sales to dip slightly to €495.3 million ($653.2 mm) versus €497.1 million ($720.0 mm) in the year-ago period. Currency fluctuations added 3% to the sales figures for the priod. Und
