WaterMark Relocates Certain Operations to Portland
In a statement made by Jim Clark, CEO of WaterMark, the company announced it will relocate some of its business functions to Portland, Oregon, beginning in early 2005. The company will maintain a portion of its operations in Arcata, and has renewed the l
CenterStone Goes Global with New Stregic Partnership
CenterStone Technologies, Inc., a Denver-based developer of Web software and services for managing sales orders, has announced a strategic partnership with Pulpsport S.A., a European sales order management provider for the sports and fashion industries. T
Solstice Signs Pale Morning Media
Solstice has signed Pale Morning Media to provide product publicity support for their spring 2005 line. Pale Morning Media will design and implement a fall public relations
campaign to publicize Solstice and their growing assortment of warm-weather gear..
Callaway Posts Q3 Loss on 16.4% Sales Drop
Callaway Golf Company reported third quarter net sales fell 16.4% to $128.5 million, resulting in a net loss of $35.9 million, or a net loss of 53 cents per fully diluted share. Included in both the net loss and fully diluted net loss per share were charg
The Athelte’s Foot Closes on Long-Term Credit Facility
The Retail Finance Group of GMAC Commercial Finance announced the closing of a long-term $20 million senior secured credit facility to provide ongoing working capital needs to The Athlete’s Foot Stores, LLC…
Head Inks Multi-Year Agreement with Ferraro
HEAD announced the addition of two-time Grand Slam winner Juan Carlos Ferrero to its player roster during the TMS Tournament in Madrid. The worldwide, multi-year agreement includes HEAD tennis racquets, bags and accessories and Penn tennis balls. As a p
Fox River Taps Extreme Skier for Women’s Effort
Fox River Mills is partnering with champion extreme skier Alison Gannett to promote and refine Fox River’s women’s sock line. Specifically, Gannett will lead the technical design team on Fox River’s winter sport socks for women, as well as provide design
Salomon Focuses on China SnowSports Market…
In an effort to be one of the first western SnowSports companies with a solid presence in the massive Chinese Market, Salomon has signed a three year agreement with the China Ski Association. Salomon will be the official supplier, equipping Chinese compet
OIWC Teams up with Bike Industry Women at Interbike…
This year at Interbike Ariadne Scott from Specialized and the Outdoor Industry Women’s Coalition teamed up to organize the first annual ‘Schmoozapalooza,’ a gathering of women in the bike industry. The event was designed to build the community feeling, pr
National Whitewater Center Takes One More Step Toward Completion…
The U.S. National Whitewater Center on the Catawba River near Charlotte, NC secured $20 million in funding this past week, bringing the project closer to completion. Project managers now expect to break ground on the 307 acre outdoor recreation facility
TaylorMade-adidas Golf Cites Innovation as Key Driver for Continued Growth…
TaylorMade-adidas Golf may owe a fair portion of their recent success to the missteps of neighbor Callaway Golf Company, but the golf division of adidas-Salomon can point to real advances in technology and innovation in both its hardgoods and softgoods bu
Talk of Nike’s Burton and Patagonia Acquisition Deals Looks Iffy…
A Reuters news story last week that had the industry buzzing about potential Nike acquisitions appears to have been constructed using unrelated comments and quotes from a number of sources and failed to follow up on assertions made by other sources. The
Luen Thai Expansion in High Gear…
According to local Beijing newspapers, Luen Thai, one of Asia’s largest apparel manufacturers, saw net income drop 4% for the first six months of the 2004 to $13.1 million. The company is currently working on constructing a new 300,000 square foot factory
Sport Haley Files Delayed 10-K Report; Hogan Offsets Declines in Haley Brand…
Sport-Haley, Inc. finally got its financial statements pulled together for the fourth quarter and fiscal year ended June 30, pointing to a continued increase in its Ben Hogan apparel business in the premium price market as the primary driver for the compa
ICON GM Hurt by Rising Steel Prices…
ICON Health & Fitness saw both categories of its business take a dive in its fiscal first quarter ended August 28, 2004, resulting in a total sales decline that was more pronounced than even its lowered expectations against a strong Q1 last year. The com
