Kona Named Official Bike Supplier of Whistler… Again
The Kona Bicycle Company will once again be the official bike supplier of the Whistler Mountain Bike Park (WMBP), the world’s number one mountain bike resort destination. The formalization of the 2004 relationship marks the 5th year the two companies have
SIA Turns 50
SnowSports Industries America is celebrating its 50th Anniversary with its 50th global trade show beginning Monday, January 26, 2004 at the 2004 SIA SnowSports Show at the Mandalay Bay Convention Center in Las Vegas…
Unifi Reports $9.2 million Net Loss
Unifi released operating results for Q2 of fiscal year 2004. The Company reported a net loss of $9.2 million or 18 cents per share, which compares to a net loss of $2.2 million or 4 cents per share for the prior Q2. The Company also reported a net loss of
New Harris Poll Finds Internet Use is Changing
A new Harris Poll finds that the Internet continues to become more useful and more used. While the total
Internet population is rising more slowly than it was in the late 90s, the proportion of those with broadband is rising much faster (Harris Poll of Ja
MandA Group Sees Continued Industry Consolidation
Mergers and consolidations will continue to shrink the number of players in the $40 billion global sporting goods industry in 2004. That's the forecast of The Mercanti Group, a boutique investment banking firm that served as the advisor to K2, Inc. i
Nike to Replace adidas as U.S. Olympic Sponsor
Nike has signed as an official sponsor and licensee of the 2006 and 2008 U.S. Olympic and Paralympic Teams, as announced by the U.S. Olympic Committee. The partnership with Nike will officially begin in January 2005. For the first-time, U.S. Olympic and P
Amerex to License akademiks Brand for Ourterwear
Amerex Group Inc. has entered into a licensing partnership with Kemestre 8 dba Akademiks to manufacture a new line of outerwear for Akademiks men’s and akdmks ladies and girls. The first preview of the new Akademiks men’s and akdmks ladies and girls oute
Kestrel Lands New Japanese Distributor
Kestrel Bicycles has inked a deal with Aki Corporation, Ltd., making them Kestrel's new exclusive distributor for Japan.
Skechers Licenses Name for Childrens Socks
SKECHERS announced that United Legwear, Co. has been named the licensee for SKECHERS Kids-branded socks in the United States and Canada. SKECHERS Kids' sock agreement follows on the heels of the Fall 2003 launch of SKECHERS children's apparel wi
K2 Completes Fotoball Stock Exchange
K2 Inc. announced that, pursuant to its previously announced offer to exchange each share of Fotoball USA, Inc. common stock for 0.2757 of a share of K2 common stock, K2 has accepted for exchange all shares of Fotoball USA common stock tendered as of the
Johnson Outdoors Awarded Another Military Contract
Johnson Outdoors has been awarded a five-year contract for the Expanded Soldier Crew Tent (ESCT) by the U.S. military. The new government contract calls for annual orders of the seven-man all-weather tent, which provides billeting for combat vehicle crew
Torpedo Sports Files Delayed 10-K and 10-Q
Torpedo Sports USA reported net sales of $6,075,549 and a net loss of $(3,458,072) for the year ended July 31, 2003 as compared to net sales of $8,209,400 and net income of $280,356 for the year ended July 31, 2002. For the first quarter ended October 31
ICON Fiscal Q2 Net Income Up 12.4% on Stronger CV and Strength Sales
ICON Health & Fitness is reporting that net sales for the second quarter of fiscal 2004 ended November 29, 2003 increased $13.4%, to $331.8 million from $292.7 million in the comparable period in 2003. Sales of cardiovascular and other equipment increased
Super Show 2004: Woulda, Coulda, Shoulda…
The weather in Orlando turned warmer just as the 19th annual gathering of the sporting goods industry known as The Super Show got under way. The move to Florida was expected to signal a new chapter in the saga of the now well-traveled show, but the event
New Footstar CEO May Shed Athletic Division as Just for Feet Drags Down Results…
There is a humorous story, believe it or not, about the auction proceedings for the assets of the former Just for Feet company a few years ago. When Footstar Inc. prevailed in the bidding process, someone asked Bob Tucker, founder and CEO of Shoe Show In
