Prince Sports Realigns for Regional Focus
Prince Sports has realigned its organization, internal functions and activities in order to increase its ability to better serve customers, according to George Napier, chairman and CEO of Prince Sports, Inc. Prince is now divided into two business units,
Bon-Ton June Comps Fall 3.8%; Elder Beerman Down 2.4%
The Bon-Ton Stores sales for the five weeks ended July 3, 2004 decreased 3.2% to $61.2 million compared to $63.2 million for the same period last year. The acquired Elder-Beerman stores reported a 1.9% decline to $52.7 million. Bon-Ton comparable store s
LPGA Signs Headwear Deal with Drive Headwear
The Ladies Professional Golf Association has inked a deal making DRIVE Headwear the exclusive and official headwear provider of the LPGA. Under this new partnership, DRIVE Headwear will develop a line of hats complementing The LPGA Collection, an LPGA-br
Obermeyer Recognized for Alternative Transportation Initiatives
Sport Obermeyer recently received a $2,000 grant from the City of Aspen. The award is part of a $5,000 total given by the city’s Transportation Department to Aspen-based companies in connection with its annual Summer Commuting Competition. The grant recog
AAC Appoints Internationa Ski Mountaineering Council Delegate
The American Alpine Club has appointed Andrew McLean of Salt Lake City, Utah as the United States delegate to the International Ski Mountaineering Council, the organization that oversees ski mountaineering competitions worldwide. The ISMC operates under t
Genesco Acquires Canadian Cap Retailer
Genesco Inc. has acquired the assets and business of Edmonton, Alberta-based Cap Connection Ltd., consisting of 17 Cap Connection stores in Alberta, British Columbia and Ontario, Canada. The purchase price for the Cap Connection business was approximately
Ashworth Acquires Gekko Brands in $24 Million Deal
Ashworth, Inc. has acquired Gekko Brands, LLC, a leading designer, producer and distributor of headwear and apparel under The Game® and Kudzu® brands. The purchase price for the acquisition was $24 million consisting of $23 million in cash at the time of
Ashworth Settles Shareholder Lawsuit; Will See Charge
Ashworth, Inc. has reached a tentative settlement to conclude a securities class action lawsuit brought in 1999 against the company and certain current and former directors and officers. Under the settlement, all claims will be dismissed and the litigati
K2 Closes Volkl and Marker Acquisitions
K2 Inc. has closed its previously announced acquisition of Volkl Sports Holding AG, and The Marker Group. The purchase price was approximately $124 million plus the assumption of seasonal working capital debt. Additionally, K2 announced that the net proc
Collegiate Pacific to Exceed Q4 Sales Guidance
Collegiate Pacific announced that Q4 sales exceeded previous guidance. Sales for the period ending June 30 were approximately $18.2 million. Previous guidance was for sales in the $17 million to $18 million range. “Solid contributions” from the newly acq
Backcountry.com Launches Outlet Site
Backcountry.com has launched a new site focused on overstock goods. The company said that BackcountryOutlet.com will “provide customers the best prices on overstock of premium outdoor gear, while giving gear manufacturers a professional, well-respected c
Mizuno Gets High Marks in Run Specialty Survey; Gains Share
Emerging as a leader in retailer confidence, Mizuno USA, Inc., received high marks from running specialty retailers nationwide in a recent survey measuring brand strength, growth potential, and other key indicators in the running specialty market. Accor
Footstar Settles with Robinson Over Termination
Footstar, Inc. announced Wednesday that the Bankruptcy Court overseeing its Chapter 11 case approved a settlement with former Chairman and Chief Executive Officer J. M. “Mickey” Robinson of disputes relating to the Company's termination of Mr. Robins
Atomic Establishes Small Business Unit
Constantly evolving to meet the new challenges of the wintersports business, Atomic Ski now plans to establish the industry's first-ever corporate Small Business Unit. Atomic's SBU will be comprised of a Regional Business Director, two Territor
Spyder’s Jacobs Named Entrepreneur of Year
David Jacobs, founder and president of Spyder Active Sports, Inc., was named Ernst & Young Entrepreneur of the Year in the Rocky Mountain Region at a June 24 ceremony in Denver, Colorado. Jacobs was a finalist in the same competition in 1990, 1991, 1994,
