SIA: Snow Sports Pre-Season Sales Up 9%
Just as snow sports reps began hitting the road to show lines and take orders for next winter, Snowsports Industries America reported industry retail sales rose 9% to $506.8 million in the August to October period.
However, reps would be well served to br
PacSun Responds to Adrenalina’s Requests
Pacific Sunwear of California, Inc. responded to the press release and latest correspondence received from Adrenalina regarding a proposed merger. In a letter to Adrenalina's management, the surf-inspired retailer asserted that it planned to stick wi
PIA Names Canoe Kentucky Founder as CEO
Canoe Kentucky founder and co-owner Ed Councill has been named as CEO of the Paddlesports Industry Association (PIA) — a trade group representing canoe, kayak and raft manufacturers, retailers, outfitters and instructor programs across the US. Councill r
Season Pass Sales Soar, Bookings Dive at Vail Resorts
Vail Resorts, Inc said last week that its season pass sales were up 29% from the same time last year, but that advance bookings at its mountain resorts were off 23%. The company said that if bookings don’t improve it will have to lower its guidance for th
Amer Sports Cuts 2008 Profit Forecast
Amer Sports said sales during November and December have been below expectations and consequently the company will not reach its EBIT (excluding one-off items) guidance of €80 to €90 million ($108 to $121 million) in 2008. Amer Sports expects its full-yea
Schutt Responds to Patent Infringement Allegations
"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin
Investment Firm Acquires Three Ski Properties
CNL Lifestyle Properties, Inc., a real estate investment trust focused on lifestyle properties has acquired the privately held assets of three ski and mountain lifestyle properties: Vermont’s Okemo, Colorado’s Crested Butte and New Hampshire’s Mount Sunap
Peter Mangione to Step Down as President of FDRA
The Footwear Distributors and Retailers of America (FDRA) announced that Peter Mangione will be stepping down as president of the association. According to a statement, Mangione, president of the organization since 1981, will assist the organization in re
Brand Strength Measured in Team Sports Sector
Over time, Nike and adidas have been shown to be two of the strongest brands in the active sports lifestyle market. Though that statement is hardly earth shattering, what is surprising is their dominance across consumer groups, from action sports to fitne
Ahnu Expands Retail Footprint with Eddie Bauer, The Walking Company Doors
Ahnu Footwear has formed two new retail partnerships that will send the brand past the 800-retailer milestone in spring 2009. Both The Walking Company and Eddie Bauer will begin carrying Ahnu men’s and women’s designs…
Arena Football League Cancels 2009 Season
The Arena Football League has canceled its 2009 season, but the indoor football league, which has struggled financially for several years, said it plans to resume play the following year. The AFL said its board of directors voted on Sunday night to suspen
Riddell Helmet Lawsuit Sparks Heated Schutt Response
Riddell, Inc. last week filed a lawsuit against Schutt Sports, Inc, claiming Schutt has infringed on three different patents arising from Riddell’s helmet and faceguard technologies. The suit, which demands a jury trial, was filed Dec. 10, 2008 in the U.
Sullivan Named Cloudveil Prez
Cloudveil named Co-Founder Stephen Sullivan President of the company following the resignation of Co-Founder and President Brian Cousins. Cousins leaves Cloudveil after helping to complete its integration with parent company Spyder Active Sports to pursue
REI Partners with Zumobi to Provide Instant Ski Resort Conditions
REI has teamed with mobile software company Zumobi to launch the REI Snow Report, an application for iPhone, BlackBerry and Windows Mobile that gives users instant information on ski conditions at resorts in the U.S. and Canada…
Gildan Sees Taxes Put Damper on Strong Q3
Gildan Activewear reported net sales jumped more than 20% for the fourth quarter fiscal 2008, but net income fell by just as much due to a one-time tax assessment because of the company’s restructuring of its international wholesale business and the relat
