The Industry Wins One on the Hill…
The Carol M. White Physical Education for Progress program passed through Congress with a 15% increase in funding as part of an omnibus spending bill. For this year, $69 million has been allocated to the program, which provides grants to public schools,
Two in a Row for Precor…
The Precor division of the Amer group has finalized a deal which will bring ClubCom, a provider of private television networks to clubs and fitness facilities, into the Precor corporate structure. ClubCom operates in two separate divisions – ClubCom, and
Vans Named in Class Action Lawsuit
A class action lawsuit has been filed against Vans, Inc. in the United States District Court in California on behalf of the City of Dearborn Heights Act 345 Police & Fire Retirement System and purchasers of VANS common stock during the period between Marc
SEW Goes One-On-One with… K2’s Richard Heckman
Richard Heckman has been CEO of K2 Inc. since October 2002, Chairman of the Board since April 2000 and a director since 1997. Mr. Heckmann retired as Chairman of Vivendi Water in June 2001. He was Chairman, President and CEO of US Filter Corporation. Mr.
The State of the Industry 2004: Does it Really Have to Decline Like This?
SGMA International released their annual State of the Industry report at the recent Super Show in Orlando, and once again focused on the “positive developments” for the industry despite a year of negative growth…
Under Armour Takes on Equity Partner…
In an exclusive interview with Sports Executive Weekly, Under Armour founder and CEO Kevin Plank announced that Under Armour has sold a 9% stake in the performance apparel brand to Rosewood Capital, a San Francisco-based private equity firm. Plank did no
Callaway Takes Top-Flite Hit, But Future May Be Heading in Right Direction…
On the surface, Callaway Golf Company’s results for the fourth quarter and full year 2003 looked like the company was heading in the right direction on the top-line and in the wrong direction in the bottom line…
Acushnet Golf Sees Double-Digit Growth Trend Continue; Builds Share…
Fortune Brands reported that the Acushnet golf division delivered its third consecutive quarter of double-digit sales growth in the fourth quarter of 2003, rising 12.8% to $192 million from $192.8 million in Q4 2002…
Rossignol Shakes Off FX Rate Impact…
On the surface Rossignol appears to be yet another European company with sales being held back by poor U.S. and Asian exchange rates…
Dodge Latest Casualty in Ex-JFF Fiasco…
The old Just for Feet claimed its latest victim in the form of Steve Dodge, the former VP of footwear sales for Converse. Dodge was more recently VP/GM of Tecnica’s Outdoor & Winter Footwear division…
NSGA Report Shows Continued Footwear Price Declines in 2003…
NSGA previewed some of its data from its annual report due that is due out in May. One element of The Sporting Goods Market in 2004 that measures the average retail selling price across 24 categories of footwear shows a slight dip is ASP in 2003 versus 2
USOC and Nike in New Sponsor Deal…
The news just keeps getting better for adidas-Salomon in the U.S. as Nike and the U.S. Olympic Committee announced last week that Nike would replace adidas as an official sponsor and licensee of the U.S. Olympic and Paralympic Teams commencing after the d
The Hockey Company Gets New Blade…
The Hockey Company has acquired a 33.3% stake in t-blade, which is described by the company as “the next generation in skating technology.” The remaining equal shares are owned by Graf Canada Ltd. and t-blade GmbH…
Fox River Hires New Reps
Fox River Mills, Inc., has named Mike Lilly as the new sales representative for the upper Midwest. Lilly will handle Fox River sales in North and South Dakota, Minnesota, Wisconsin and Northern Illinois.
Fox River has also hired Kent Bocks and his agency
SGMA: PEP Bill Passes with 15% Increase in Funding
For the fourth consecutive year, physical education received a boost on Capitol Hill. Congress finalized a 15% increase in funding for the Carol M. White Physical Education for Progress (PEP) program as part of a 2004 omnibus spending bill, was approved
