Huffy Sees Weak August Hurting Q3…
Huffy Corporation announced last week that sales and earnings for August were below anticipated levels and the company does not see any indications of a reversal of the damage done early in the quarter. HUF fell 16% for the week, closing at $6.04 on Frid
Pacific Launches The New Schwinn
When Pacific Cycles acquired Schwinn two years ago independent bike dealers started having second thoughts about the Schwinn brand. When Pacific began distributing the bikes to retailers like Wal-Mart, Target, and Toys ‘R Us, I.B.D.’s started jumping ship
MontBell Is Movin’ On Up…
MontBell America, a wholly owned subsidiary of MontBell of Osaka Japan, has landed a new distribution facility in Boulder, CO. Currently, the product line has been coming out of their retail store location on the Pearl Street Mall in downtown Boulder, th
The Good, the Bad, and Oregon…
Nike and Columbia were recently voted number one and number two for The Oregonian’s “Top-50 ranking of publicly traded businesses.” While journalists are giving these companies recognition, there is a perceived lack of support for the Footwear and Apparel
Washington Gets it Right on Trails…
Congressmen Tom Petri and John Olver proposed a bill last month that was designed to save the federal Transportation Enhancement Act that funds bicycle and pedestrian paths, rail-to-trails and other quality-of-life transportation projects…
And The Prize Goes To…
Canoe and Kayak magazine has named their Boat Manufacturer, Accessory manufacturer, and Retailer of the year award winners for 2003. This is the 15th annual presentation of these honors, which were voted on by 700 retailers and 650 manufacturers…
Cannondale Appoints Paul Francese As CFO
Cannondale has announced that Paul Francese will be joining the company on October 1st as its new Chief Financial Officer. The hiring of Francese fills the last remaining vacancy in Cannondale's executive team, and comes two months after Bell Sports
Zodiac Performs Despite Weak Dollar
Zodiac beat its operating targets for 2002/03, with organic growth in its Aerospace businesses (+0.7%) and a strong advance in the Marine segment (+7.7%). However, the exceptionally rapid slide in the dollar – down 18% year-on-year – offset some of this g
Gildan Issues Q4 Earnings Warning
Glidan Activewear becomes the latest company to issue an earnings warning for its current quarter, citing the weaker U.S. dollar coupled with lower-than-expected unit volume sales. Gildan is forecasting full year diluted EPS in the range of C$2.55 – C$2.
VF Imagewear Looking for Exclusive NBA Deal
On the heels of their recently-announced deal with Major League Baseball to be the exclusive supplier of non-authentic MLB fleece and T-shirts for the U.S. mass market, as well as Canada and Latin America, VF Imagewear officials revealed in a Thursday con
Nike and Kasky Announce Settlement of First Amendment Case
In a joint announcement Friday, the parties to Kasky v. Nike, a lawsuit which prompted a U.S. Supreme Court review exploring the question of what constitutes free versus commercial speech, have agreed to settle the case. The two parties mutually agreed t
Dick’s Appoints Gap Vet as Supply Chain Head
Dick's Sporting Goods, Inc. has appointed Jerel Hollens as Senior Vice President of Supply Chain. Mr. Hollens is responsible for all aspects of the supply chain, from the planning process to the sales floor, leading the areas of Store Allocation an
Fischer Appoints New Nordic Race Director
Fischer US announces the appointment of Eli Brown to the new in-house position of Nordic Race Director…
REI and Black Diamond Team Up For HERA
Black Diamond Equipment announced a partnership with REI, which will take the HERA (Health Empowerment, Research and Advocacy) Ovarian Cancer Climb for Life on the road to six major metropolitan areas this winter…
Prince Appoints Bill Foy As Head of New Division
Prince Sports, Inc. announced the appointment of Bill Foy to the position of Executive Vice-President and General Manager of a newly formed business unit to be called Prince U.S.A. In this new position Foy will be responsible for the commercial success a
