Acushnet Launches Pro V1 Exchange Program
Acushnet Company has initiated a product exchange program to eliminate any market confusion and minimize the business impact to retailers of the court injunction against certain of its Pro V1 products. The injunction is scheduled to take effect on Jan. 1
Cloudveil Names New Director of Product
Cloudveil hired Lynn Moore as its new Director of Product. Moore, 35, has worked in senior development and merchandising roles at Spyder Active Sports for the past 10 years. Prior to Spyder she was a Product Developer at Pearl Izumi…
Vendors May Have Seen Last Gains for a While…
When reviewing vendor sales results from the third quarter the market looked like it still had a bit of life when the economic woes centered on higher fuel prices and the housing implosion had yet to reach Wall Street. This may be the best quarter the ma
Census Bureau: October Sporting Goods Sales Off 2.3%…
The Monthly Retail Trade Survey reported sales in sporting goods stores of $2.60 billion (preliminary) for October 2008, a 2.3% decline from $2.66 billion in October 2007, said the NSGA. The trade organization noted that this is the first time sales have
STX Files Suit Against Reebok for Patent Infringement…
STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court of Maryland, STX claims Reebok has infringed on one of its patents by m
Snow Shuts Nike Down for the Week…
Nike closed its Beaverton, OR-area headquarters Christmas week and plans to re-open Monday, December 29, to avoid putting employees at risk. More than 6,000 people work at Nike headquarters, and many more visit every day to do business…
ESPN/Quiksilver Settle Trademark Infringement Lawsuit
ESPN, which is part of Walt Disney, settled a trademark infringement lawsuit by Quiksilver Inc. over the cable channel's logo for the international X Games competition. The companies didn't disclose the details of the settlement in papers filed
RECALL: Atomic Skis Bindings
The U.S. Consumer Product Safety Commission, in cooperation with Atomic Skis, announced a voluntary recall of Alpine Ski Bindings. The recall covers about 125,000 units as well as an additional 1.0 million were sold outside the U.S…
Pro V1 Saga Continues: Injunction Stay Denied
A three judge panel of the United States Court of Appeals for the Federal Circuit on Tuesday denied a request by The Acushnet Company to stay a previously-granted permanent injunction to stop sales of infringing Titleist Pro V1 golf balls. Acushnet Compan
Backwoods Parent Faces Possible Nasdaq Delisting
Nitches, Inc., the parent of Backwoods, announced that it received a letter dated December 17 from Nasdaq notifying the company that it is not in compliance with Nasdaq Marketplace Rule 4310(c)(14) because the Company did not file its annual report on For
Former President of Circle Systems Group Admits Fraud
David Drill, the former president of Circle Systems Group Inc., the sports equipment refurbishing company, admitted Tuesday to submitting phony quotes and giving gifts to athletic directors, equipment managers, trainers and coaches in return for business,
Jarden Corp. Recognized by Business Week
Jarden Corp said it has been named to BusinessWeek's newly-released list of the World's Most Influential Companies. Noted as a company that is a “master of its domain” in the consumer goods industry, Jarden's recognition on the annual list
NRF Asks Obama for Tax Holidays to Stimulate Economy
The National Retail Federation has asked President-elect Barack Obama to incorporate a series of national sales tax holidays into upcoming economic stimulus legislation as an important step toward rebuilding consumer confidence, saying short-term gains fr
National Shopping Behavior Study Reports Department Store Spending Drops
Consumers continued a six-year trend of steering away from department stores during the holiday season, but the uncertain economic times were not the only reason. Those surveyed in the Ninth Annual National Shopping Behavior Study indicated that departmen
RECALL: Atomic USA Ski Bindings
Atomic Ski USA, Inc. is carrying out a voluntary precautionary recall of heel components of certain bindings manufactured between 1998 and 2002…
