Specialized Recalls Mountain Bike Brake Rotors
Specialized Bicycle Components Inc. announced Wednesday a voluntary recall of its brake rotors for mountain bikes.
Company officials said during heavy braking, the brake tabs on the front forks could fail, possibly causing a loss of control and a fall fr
Ashworth Still Claims Top Spot in Golf Shirts; Callaway Share Doubles
Ashworth, Inc. reported that it is once again ranked by the Darrell Survey as the number one golf brand in shirt usage among golf consumers. This is the seventh consecutive year that Ashworth has been ranked number one, with a 12.6% market share of golf s
Spiegel Granted Additional Time to File Audited Financials
The Spiegel Group announced that the U.S. District Court in Chicago entered an Order on December 4, 2003, granting relief in response to the company's motion to modify the Amended Partial Final Judgment and Order of Permanent Injunction and Other Equ
Next, Inc. Inks Revised Financing Agreement
Next, Inc. has reached an agreement with LaSalle Business Credit, LLC, its primary lender, on a revised credit facility which waves the previously announced default under the original terms. Charles L. Thompson, CFO of Next, facilitated the waiver by volu
American Skiing Fiscal Q1 Loss Expands on Lower Revenues
American Skiing Company reported a net loss for the first quarter of fiscal 2004 was $41.3 million, or $1.30 per basic and diluted share, compared with a net loss of $39.1 million, or $1.23 per basic and diluted share for the year-ago period. The net los
Puma Joins with Vexed Generation Clothing
PUMA entered a partnership with London based Vexed Generation Clothing. The collaboration introduces two new apparel lines, Martial Arts and Urban Mobility, to the men's 2004 Autumn Collection. Taking design direction from the needs of city dwellers,
K2 Accepts Brass Eagle Shares
K2, pursuant to its previously announced offer to exchange each share of common stock of Brass Eagle for 0.6036 of a share of K2 common stock, has accepted for exchange all shares of Brass Eagle common stock tendered and not withdrawn as of the expiration
GBMI Promotes Von Ruden to Head Diesel Sales
Global Brand Marketing, Inc. has promoted of Steve von Ruden to Vice President of U.S. Sales. In his new position, von Ruden will oversee all aspects of US sales operations for Diesel Footwear and will be based at company headquarters in Santa Barbara, Ca
HH Brown Licenses Born Kid’s Footwear to Stride Rite
The Stride Rite Corporation announced a new licensing partnership with H.H. Brown Shoe Company, Inc. to develop, market and sell an exclusive line of children's footwear under the Born name. The license agreement, which will run through March 2007, c
GPG Honors Tackett Brothers
GRABBER Performance Group (GPG) awarded a cash prize and specially engraved trophy to Tackett Brothers of McKinney, TX for “Rep Group of the Year”. Donaldson & Associates also received awards for “Targeted Product Master” and “New Account Champion” for t
Schutt Sponsors Nike Coach of the Year Clinics
Schutt Sports has signed a two-year deal to become a Presenting Sponsor of the Nike Coach of the Year Clinics. Under the terms of the agreement, Schutt becomes the “official football protective gear” of the clinics.
The 2004 Nike Coach of the Year Clinic
FESI Takes Interest In Stopping Counterfeit Goods
FESI, the Federation of the European Sporting Goods Industry, representing in Brussels the interests of some 1,800 European Sporting Goods Manufacturers, attended two European events on the fight against counterfeiting, product piracy and organised crime.
Retail Plays Keep Away with Middle of the Market…
It has been argued of late that the recent increase in the export of white collar jobs — on top of the loss of the U.S. manufacturing job base — may result in a society that lacks a middle class, and is instead dominated by the wealthy and the working p
The New Sports Authority Exceeds Expectations for Q3; Disappoints for Q4…
Things look to be moving along nicely with the integration of the former TSA and Gart businesses, but it is increasingly apparent that the new management team will have a lot of work – and expense — ahead of them cleaning up the dozens of TSA stores that
Epstein Suddenly Departs Fila Parent…
Just days after Liz Claiborne finalized its acquisition of the Enyce brand from Fila, the architect of Fila’s management buyout by Cerberus Capital Management has resigned as president and CEO of the company set up to run the business. Sports Brands Inte
