“Stunning” Demand for 2010 Winter Games
Canadians have already shelled out $345 million in the first buying period for tickets to the 2010 Vancouver Winter Olympic Games, reports Toronto's Globe and Mail. The tickets, which have been on sale for only five weeks, have already generated 4.5
Court Ruling Could Mark End for Pro V1’s
In a fitting conclusion to what has amounted to a tumultuous quarter in all facets of the golf industry, a major development has arisen regarding a highly-publicized spat between two of the industry’s giants…
Forzani Announces Senior Management Appointments
Michael R. Lambert, CA has joined The Forzani Group Ltd. as chief financial Officer. Lambert has had extensive experience in senior financial and executive management roles with a number of prominent Canadian organizations including Canadian Pacific Railw
Crocs Posts $148 Million Loss After Restructuring Changes
Crocs, Inc. lost $148 million, or $1.79 per share, in the third quarter ended Sept. 30, 2008 after non-cash charges totaling $104.1 million in restructuring, impairment and inventory write-downs. Revenues dropped 32% to…
Puma Picks Droga5 as Lead Agency for $100m Account
Puma has hired Droga5 as its lead global creative partner, reported various media sources. Droga5, which handles accounts with MTV, Method, Rhapsody, Coca-Cola and more, is now the lead agency for Puma’s more than $100 million global marketing account. T
Gander Mountain Returns to the Black in Q3
Gander Mountain Co. stopped the bleeding in the third quarter by turning in a profit, despite a 6.5% decline in comp store sales and a $2.9 million loss at its direct segment, which reflects results at newly acquired catalogue and Internet retailer Overto
Retailers Easing up on Return Policies
More than half of retailers (52%) say their holiday return policies will be more lenient than the policy for the rest of the year, up from 35% who said so in 2007, according to the National Retail Federation’s third annual Return Fraud Survey. Return rate
Gift Card Recipients Spending More than Face Value
Chase Paymentech, which provides payment processing for many sporting goods retailers, said a recent survey of 850 American adults found that 85% of those who had received a gift card spent more than its face value when they redeemed it. Recipients spent
REI Seeks to Dispel “Myths” to Sustain Big Gains in Bike Sales
Amidst huge sales gains in urban and commuter bikes, REI has launched a new website to dispel myths of cycling that it says have created a barrier to even greater sales. The co-op's cycling product manager said sales of urban and commuter bikes are g
REI to Add Some Schwinn Bikes in 2009
As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…
Trek Bicycle Sponsors New Women’s Triathlon Series
Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009 with more than 25,000 entrants anticipated. The Series is aimed at breaking down barriers for women athletes b
RECALL: Dive Sticks Sold at Modell’s
The U.S. Consumer Product Safety Commission, in cooperation with Modell's Sporting Goods, is recalling about 130 Coral Swim 'N Score Pool Stixs. The sticks were recalled because children can fall or land on them in shallow water and get injured.
Perry Ellis Slashes Guidance
Perry Ellis International Inc. expects to report third-quarter results below Wall Street expectations as the company marked down merchandise amid sluggish consumer spending. The company also cut its profit and sales outlook for the fiscal 2009…
Lacoste Renews Partnership With ATP
LACOSTE and the ATP, governing body for the men’s professional tennis circuit, have extended their partnership. LACOSTE will continue as the official apparel and footwear partner of the Barclays ATP World Tour Finals until 2013. As the exclusive provider
Brunswick Lays Off 115
Brunswick Corp. is moving production of Trophy offshore fishing boats from a Cumberland, MD, facility to Ashland City, TN, and eliminating 115 jobs in the process…
