Kryptonite Deals with Lock Issues…
Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. Due to the use of ‘tubular cylinders’ in many of the company’s mid price-point locks allows the locking mechanism to be picked with a plastic pen. S
Riddell Acquires ‘HIT’ Smart Helmet Technology…
Riddell Sports Group has acquired a new ‘Head Impact Telemetry’ system, or HIT, from Simbex LLC. This new technology will allow Riddell to produce a consumer product which monitors and records the severity and incidence of impacts taken by a player via sm
Nike Beats Fiscal Q1 Street Estimates; U.S. Futures Up 11%
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31 increased 18% to $3.6 billion, versus $3.0 billion for the same period last year. Net income totaled $326.8 million, or $1.21 per diluted share, compared to $261.2 million, or
EMU Australia Forms EU Subsidiary…
EMU Australia has former a new subsidiary, EMU Ridge Europe, which will be taking over all EU operations for the brand. The wholly-owned subsidiary will be led by EMU’s new European Managing Director Stefan Dongus who will work directly in conjunction wit
Fu Sheng Acquires Certain Coastcast Assets
FS-Precision Tech Co LLC, a subsidiary of Fu Sheng Industrial Co, Ltd., has acquired the non-golf business and certain assets of Coastcast Corporation. The all cash transaction included the Rancho Dominguez facilities and assets. Coastcast has retained it
Imperial Headwear Acquired by MGC…
The private equity fund, MCG Global has acquired Imperial Headwear from Arena Brands. Imperial derives approximately 75% of its revenues from the golf industry, where its headwear products are sold in 89 of the top 100 golf courses in the United States, p
Atomic Tunes Race Department
In preparation for another season of World Cup racing, Atomic Ski is pleased to announce the promotion of Jake Strassburger to its Race Department. Having worked with Atomic for three years, Strassburger fills the newly created position of Race and Promot
Saucony Moves to Keep Key Execs in Fold as Sale Talk Continues…
Saucony Inc. filed papers last week indicating the company entered into retention agreements with several officers as incentives to work through any possible change in ownership of the company. The agreements cover Michael Umana, COO/EVP/CFO; Michael Jepp
Jarden Corp. Acquires Coleman Parent Company
Jarden Corporation has signed a definitive agreement to acquire privately held American Household, Inc. for $745.6 million in cash for the equity and the assumption or repayment of indebtedness. American Household is the parent of The Coleman Company, Inc
Are You Locked in to the Trade Show World of Yesterday?
Now that we’ve come to the close of yet another marathon trade show season, it’s time once again to take a look at the shows as a whole and offer up our observations and thoughts about the potential drivers for the industry…
Reebok Inks Deal with Streetwear for Big and Tall Collection
Reebok International has joined with Streetwear Inc. to launch a collection of Reebok “Big and Tall” men’s fitness, core and NBA licensed apparel. Ideal for large athletes and fitness enthusiasts, the collection debuted last month exclusively at 430 “Cas
New Quarter, Same Story: Outdoor Group Drives Wolverine’s Q3 Gains…
Wolverine World Wide saw sales increases at three out of four of its brand divisions in the fiscal third quarter ended September 11 combine with improved profits in all divisions to contribute to the eleventh consecutive quarter of both record revenue and
adidas-Salomon Sees Shift in Central Europe Management
After more than 16 years with the company, Michael Rupp, currently Managing Director of adidas' Area Central (AC) will take a one-year- break from his responsibilities at adidas-Salomon. Effective September 27, Ulli Gritzuhn will join adidas-Salomon
Kohl’s Appoints Federated Vet as Footwear GMM
Kohl's Department Stores has announced that Chris Capuano is joining the company as EVP/GMMfor Home and Footwear. She will report directly to Kevin Mansell, Kohl's president. Prior to joining Kohl's, Capuano was senior vice president-Home
Reebok Recalls Toddler Shoes
After receiving a customer complaint about its ‘Iverson/Answer’ mid and low-athletic toddler shoes, Reebok has voluntarily recalled the product, in cooperation with the CPSC. The company stated in a release that the ‘I-3’ logo on the shoes was easily remo
