Virginia Speaks Out Concerning Roadless Areas
One hundred businesses, organizations and citizens urged President Bush in a letter today to protect Virginia's national forests by upholding the Roadless Area Conservation Rule as it was originally written. The historic rule, which protects roadless
Peter Baker Joins Kamik as VP – Global Marketing
Kamik, a division of Genfoot America, has selected Peter Baker to the position of Vice President of Global Marketing. Prior to joining Kamik, Baker served as the Senior Director, Global Brand Management for the Timberland Company based in Stratham, NH…
Lotto Signs Top French Soccer Team
The sponsorship agreement between Lotto Sport Italia and Sochaux-Montbéliard is now official: up until 2009, Lotto will be the “Technical Sponsor and Official Supplier” of the Sochaux team. According to the agreement, Lotto will be providing all of the cl
Magic Johnson to Put Name on Product Again
Earvin “Magic Johnson” has reportedly partnered with BASH Sports, LLC in Irvine, CA to launch a new line of basketball footwear and apparel bearing the name Magic32. Johnson's signature line, which is expected to start delivery for Holiday '04
Shanley and Team Leave Wells Fargo for SIG
John J. Shanley is leaving Wells Fargo Securities to join Susquehanna International Group, LLP. SIG said Shanley will join its sell-side research team, covering athletic footwear and apparel. Mr. Shanley brings more than twenty years of experience in the
Yue Yuen and Luen Thai in Apparel Joint Venture
Two industry giants, Yue Yuen Industrial (Holdings)
Limited and Luen Thai Holdings Limited , have formed a strategic alliance with the objective to “explore the promising sports apparel market”. The joint venture, Yuen Thai Industrial Co. Ltd, which is 5
Cabela’s to Open WVA Store In August
Cabela's is scheduled to open its second East coast store Thursday, August 12, 2004 near Wheeling, W.Va. The 175,000-square-foot retail store will feature an original 20-foot
bronze sculpture, museum-quality diorama, 30-foot Conservation Mountain, 55
Collegiate Pacific to Acquire Dixie Sporting Goods
Collegiate Pacific Inc. has executed a letter of intent to acquire Dixie Sporting Goods – the Nation's largest independent team sports distributor. Kesslers Team Sports – formerly the nation's largest independent team sports distributor – was a
Callaway Buried Under Titanium; Cuts Outlook…
Callaway Golf Company woke up to the reality last week that the market may have passed them by with their Big Bertha series of drivers and that the Top-Flite Golf Company contains some other landmines that will see it continue to be a drag on the bottom l
Quiksilver Raises Guidance on DC Shoes Addition and Strength at Retail…
Quiksilver, Inc. has seen its quarterly sales performance outpace futures bookings so much that the company will cease giving backlog information and instead provide sales estimates by quarter. For instance, the company said that summer bookings growth w
K2 Hits the Trifecta in Winter Sports and Outdoor Acquisitions…
In its latest acquisition moves, K2 Inc. has apparently accomplished three key objectives that are critical as the company’s strategy to become the strongest platform of sporting goods brands in the industry. While the deals last week to acquire Volkl Sp
New Phoenix Deal Should Boost Bottom Line…
Phoenix Footwear joined in on the acquisition frenzy last week, announcing that they had inked a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries. Phoenix wi
VF Opens a Second Front in the EU…
In a move that was all but overshadowed by the recent acquisitions made by K2, VF Corp. acquired substantially all of the assets of Kipling, a Belgium lifestyle apparel and pack manufacturer. VF is placing the brand in its Outdoor Coalition under the watc
Nike Addresses Youth Inactivity…
At the HealthierUS Fitness Festival, Nike urged the U.S. education system to add P.E. classes taught by P.E. specialists for at least 30 minutes a day, five days a week, to all American schools. The company claimed that the current PE curriculum is outdat
U.K. Retail Strengthens in May…
The retail market in the U.K. continues to brighten in May according to the most recent report from the British Retail Consortium. Comparable store results rose 3.7% in May and total retail sales reportedly grew 6.5% for the month. The BRC cited clothing
