Columbia Sportswear to Open PDX Store Friday
Columbia Sportswear Company will open a new Columbia-branded retail store at Portland International Airport Friday, Nov. 14, 2008. The store will feature an interactive store window allowing travelers to…
Ultra-Exclusive Golf/Ski Resort Files for Bankruptcy
According to a Reuters report, Yellowstone Club, an exclusive Montana ski and golf community, has filed for bankruptcy protection. The club, located in the moutainous areas near Big Sky, Montana, is part resort and part residential community for the ultra
Yellowstone Club Files Chapter 11 Bankruptcy
The exclusive Yellowstone Club near Big Sky, MT, which offers “private powder” to its multimillionaire homeowners and resort guests, has filed for bankruptcy protection, according to multiple online reports…
Phoenix Footwear Net Sales Drop 16.4%, Suspends Guidance
Phoenix Footwear Group, Inc. revealed in its consolidated results for the third quarter ended Sept. 27, 2008 that net sales decreased 16.4% to $18.7 million, compared to last year's $22.3 million. The company experienced sales declines across all of
Sport Chalet Launches New Website
Sport Chalet, Inc. will launch a new website on Nov. 22 as the first phase of an e-commerce strategic plan that will allow it to better connect with customers. In 2009, Phase Two of the transition will enable customers to complete purchases online and hav
Callaway Wins Post Trial Motions in Acushnet Lawsuit
Callaway Golf announced that the United States District Court in Wilmington, Delaware, has granted Callaway Golf's request for a permanent injunction to stop sales of Acushnet's current line of Titleist Pro V1 family of golf balls, effective no
nuun Tabs McGee as VP of Sales and Marketing
Nuun and Company, Inc. – makers of nuun and ‘U’ hydration products and beverage tablets – has appointed Tim McGee to the newly formed position of vice president of sales and marketing. McGee comes to nuun with more than twenty years of beverage sales and
Nautilus Sees Direct, Commercial Sales Hurt Q3
Sales continued to fall steeply at Nautilus, Inc. in the third quarter ended Sept. 30 due to weakness in both the direct and commercial businesses, where sales dropped 34% and 4.5%, respectively…
Fire that Destroyed Indiana Store Ruled Accidental
A Nov. 3 fire that caused more than $1 million in damage to a sporting goods store in Indiana has been ruled accidental by state police fire marshal Tim Frew. The fire destroyed Bowman's Sporting Goods on McGee Avenue in Patton, IN…
Iconix Q3 Revenue Increases 29%
Iconix Brand Group, Inc. saw revenue for the third quarter ended Sept. 30, 2008 increase 29% to approximately $55.1 million, as compared to approximately $42.7 million in the third quarter of 2007. Net income for the third quarter increased 8% to approxim
Confluence Parent Cuts Dividend To Preserve Cash
The publically traded private equity fund that owns Confluence Watersports has cut its dividend, eliminated its stock buy-back program and will implement further costs cutting in a move to preserve cash.American Capital, Ltd. said it is taking the moves b
Easton-Bell Boasts Q3 Sales Gain, Improved Margins
Easton-Bell Sports, Inc. chalked up healthy sales increases for both its Team Sports and Action Sports divisions. From a bottom-line perspective, the Team Sports division particularly benefited from a shift to offshore production and both divisions benefi
Confluence Parent Cuts Dividend To Preserve Cash
The majority owner of Confluence Watersports has cut its dividend, will retain 2008 and future long-term capital gains, eliminate its stock buy-back program and implement further cost cutting in a bid to preserve cash. American Capital, Ltd. said it is ta
Dorel’s Pacific Cycle Unit Thrives in Q3
Dorel Industries reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, but said it had to delay orders for new Cannondale models due to supply constraints. Q3 orders for Cannondale’s 2008 models w
adidas Group Still Struggles with Reebok Business
adidas Group continued to struggle with its ailing Reebok business in the third quarter as the company continues to clear out entry price-point product from its inventories. That process is expected to be largely completed during the fourth quarter, which
