REI’s Madsen Named to Rails-to-Trails Board
Dennis Madsen, president and CEO of Recreational Equipment, Inc., has been named to the national board of directors of the Rails-to-Trails Conservancy (RTC), a Washington, D.C.-based nonprofit organization that advocates for uniting communities and improv
Gates Adds Grimsrud-Barnes Group to Cover Midwest
As part of an overall goal to manage and continue growth in the active mountain sports market, GATES™ Gloves and Gear has appointed Grimsrud-Barnes to represent GATES in the select territories of Illinois, Wisconsin, Minnesota, Upper Peninsula of Michigan
Luxottica Sees U.S. Q3 Retail Turnaround
ttica Group S.p.A. reported that third quarter consolidated net sales declined year-over-year by 6.3% to €694.5 million ($782.5 million). In constant currency, consolidated net sales for Q3 would have increased by 3.4%. Retail sales declined by 4.7% to €
SGMA Raquetball Group Hires Coordinator
The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…
Sport Casuals Names Bua Sales Chief
Sport Casuals, Inc., the Private Label Apparel Design and Sourcing company, has appointed Jeff Bua as Senior Vice President of sales and business development…
Another Textile Giant to Emerge…
On the heels of Malden’s exit from Chapter 11, Burlington Industries creditors approved the acquisition of the company by takeover king WL Ross & Co. LLC, enabling the company to emerge from bankruptcy protection on November 10, 2003. The majority of cur
Petzl Given Sharp End Award From Access Fund
Petzl has been recognized by the Access Fund with a 2003 Sharp End award, granted annually for outstanding leadership. The Access Fund honored Petzl America for the company's commitment to continuing support, outreach, and education of important acce
Reebok Ready to Claim Their Place at the Table…
Reebok had its first billion dollar sales quarter in six years in the third quarter and has now seen three-and-a-half years of consecutive quarterly sales increases for the Reebok brand in the U.S. market. The underlying strength to the backlog numbers a
K-Swiss Will Allocate Its Top Model…
K-Swiss has decided to limit 2004 sales of the white/white Classic shoe, moving to an allocation program that will only enable retailers to buy as much product next year as they did in 2003…
Skechers Sees Q3 Loss on Close-outs…
Skechers saw third quarter sales fall sharply, but the numbers were better than the company’s previous guidance due primarily to the company’s “aggressive approach” to reduce inventories that cut into margins and pushed the company into the loss column…
Bob’s Should Emerge as a New Player…
The New England rumor mill has been forecasting the acquisition by TJX to save Bob’s Stores from the Kohl’s onslaught in the Northeast. TJX, parent to the familiar TJ Maxx and Marshall’s close-out stores, and the lesser-known HomeGoods, T.K. Maxx and A.J
Columbia Out to Prove They Aren’t Just Outerwear Anymore…
Columbia Sportswear Company pointed to a strong backlog picture in upgrading its outlook for the balance of this year and into fiscal year 2004. Backlog at the end of the third quarter increased 26.7%, or 20.2% in constant currency, for the spring period
Deckers is Filling in Revenue Valleys…
Deckers’ acquisition of the Teva brand looks like it will provide even more upside than first thought, with opportunities now apparent in the Simple line as well as the expected upside in the Teva range. The company is also pointing to the expansion of a
Top-Flite Deal Looks Solid for Callaway…
Callaway chairman and CEO Ron Drapeau pointed to a number of leading economic indicators that show positive signs in the global economic landscape that usually impacts golf companies much more than the balance of the sporting goods market. Drapeau pointe
adidas Lost Two of It’s Stripes…
The European Court of Justice ruled that a two-stripe design, common on sporting goods throughout the EU, does not constitute trademark infringement. The case was brought by adidas against Fitnessworld Trading in Dutch courts five years ago, and has just
