SGB Update Sports & Fitness
Aldila Posts 2008 Net Loss
To conclude what management called “one of the weakest years in equipment sales on record,” Aldila, Inc. reported that net sales for the fourth quarter fell 34.7% to $11.5 million from $17.7 million in the year-ago period…
RECALL:Tippmann Markers
Tippmann Sports, in cooperation with the U.S. CPSC, announced a voluntary recall of about 13,000 A-5 Paintball Markers. Tippmann Sports has received three reports of the end cap assembly breaking, ejecting and hitting the operator. One minor injury has be
Dorel Q4 Earnings Fall; Inventory Skyrockets
Dorel Industries Inc. reported that revenues for the fourth quarter increased 4.6% to $479.9 million from $458.9 million in the year-ago quarter. Net income decreased 14.2% to $19.2 million, or 57 cents per diluted share, from $22.3 million, or 67 cents p
Woolrich Withdraws Eddie Bauer Complaint
Woolrich, Inc. has officially withdrawn its trademark infringement court action against Eddie Bauer. Following extensive discussions between the two companies, Eddie Bauer and Woolrich have determined that their respective trademarks are not infringing a
Paddlesports Enthusiasts Flock to Early Expos
Across the U.S. snow belt, lakes may still be frozen and average temperatures are still near freezing, but paddling enthusiasts who have had enough of winter are again anxiously awaiting the arrival of spring.
On March 6-8, the 1st Annual Northeast Paddle
Vail Resorts Sees Fiscal Q2 Net Jump
Vail Resorts, Inc. said net income increased 18.0% to $60.5 million in the second fiscal quarter ended January 31, compared to $51.3 million in the prior-year second fiscal quarter, despite a decline in the mountain and resort segments…
VW Signs Multi-year Major League Soccer Deal
VW Volkswagen of America entered into a multi-year deal with Major League Soccer (MLS) and its marketing arm, Soccer United Marketing. Tim Ellis, VP of marketing, Volkswagen of America, Inc., noted in a release that the relationship builds a relationship
SIMA Names Nominees for ’09 Image Awards
The Surf Industry Manufacturers Association (SIMA) revealed its list of nominees for the seventh annual SIMA Image Awards, which recognizes those making outstanding contributions to the surf industry. Nominees for breakthrough brand of the year include: A
Luxottica Q4 Sales Rise 4%, Earnings Drop 44%
Luxottica Group S.p.A., the parent of Oakley and Sunglass Hut, reported forth quarter sales rose 4% to €1.24 billion ($1.58 bn) from €1.19 million ($1.51 bn). At constant exchange rates, sales were unchanged at current exchange rates. Assuming the inclusi
REI Receives 2009 Social Innovation Award
Recreational Equipment, Inc. (REI) has received a 2009 Social Innovation Award by the Financial Times and JustMeans in recognition of the company's social and environmental efforts…
Smith and Wesson Q3 Net Sales Jump 25.9%
Smith & Wesson Holding Corporation, parent company of Smith & Wesson Corp., said net product sales for the third fiscal quarter ended Jan. 31, were $83.2 million, a $17.1 million, or 25.9%, increase over net product sales a year ago. Net income for the th
Nikwax N.A. Hires Southeast Sales Rep
Nikwax N.A. has hired Earl Roberson of Roberson Sports Group to its sales team. Roberson will cover the Southeast territory for the company. He is charged with maximizing the benefits Nikwax offers retailers and opening new accounts…
Adidas Group Continues to Struggle with Reebok Business
It was a bit of the same old tune for adidas Group as it ended another year with a continued sales growth at adidas and TaylorMade-adidas Golf while difficulties at Reebok left that business as a drag to the overall. However, overall group sales still gre
Golfsmith Q4 Comps, Sales Fall Double-Digits
Citing a dismal retail environment and a horrendous second half of the year for golf-related sales, management for Golfsmith International Holdings said net revenues for the fourth quarter of fiscal 2008 decreased 14.1% to $67.8 million compared to $79.0
NGF: January Rounds Played Up 8.6%
The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions, with participation in the East North Central, New England, Mid-Atlantic and South Atlantic regions decreasing and participation
