SGB Update Sportsmans

Summitt Golf Integrates Sales Force

Summit Golf Brands, parent company of Fairway & Greene, Ltd. and Zero Restriction Outerwear, has integrated its sales force, which the company says will create a powerful presence as the leading green grass brands in their categories…

Quiksilver Pulls Out of ASR

Quiksilver Inc. plans to pull most of its brands out of the Action Sports Retailer (ASR) show, according to a statement from ASR. Roxy, Quiksilver, Quiksilver For Women, Quiksilver Mens and Raisins will all not be at ASR, although DC Shoes will be exhibit

Spalding to Introduce Inaugural Balls

Spalding, along with the Harlem Globetrotters, this month are introducing four “Inaugural Balls,” or red, white and blue basketballs, in December in light of the upcoming inaugural proceedings for President-elect Barack Obama…

Quiksilver Revenues Up 3% for Q4, 11% for Year

Quiksilver, Inc. reported consolidated net revenues increased 3% in the fourth quarter ended Oct. 31, to $606.9 million compared to $587.3 million in the fourth quarter of fiscal 2007. The company lost $13.8 million from continuing operations versus incom

Reports: Acushnet Seeks to Cut U.S. Workforce

Acushnet Co., has offered buyout packages to 125 workers, or about 4% of its U.S. staff, reports Massachusetts' South Coast Today. Citing the lagging economy and sharply declining sales, representatives Acushnet told the Today that these “voluntary s

PIA Names Canoe Kentucky Founder as CEO

Canoe Kentucky founder and co-owner Ed Councill has been named as CEO of the Paddlesports Industry Association (PIA) — a trade group representing canoe, kayak and raft manufacturers, retailers, outfitters and instructor programs across the US. Councill r

Riddell Helmet Lawsuit Sparks Heated Schutt Response

Riddell, Inc. last week filed a lawsuit against Schutt Sports, Inc, claiming Schutt has infringed on three different patents arising from Riddell’s helmet and faceguard technologies. The suit, which demands a jury trial, was filed Dec. 10, 2008 in the U.

Gildan Sees Taxes Put Damper on Strong Q3

Gildan Activewear reported net sales jumped more than 20% for the fourth quarter fiscal 2008, but net income fell by just as much due to a one-time tax assessment because of the company’s restructuring of its international wholesale business and the relat

PacSun Responds to Adrenalina’s Requests

Pacific Sunwear of California, Inc. responded to the press release and latest correspondence received from Adrenalina regarding a proposed merger. In a letter to Adrenalina's management, the surf-inspired retailer asserted that it planned to stick wi

Rab Moves Operations to Boulder

Rab has moved its sales and marketing operations to Boulder, CO. Owner and President Matt Gowar made the decision to move to Boulder based on his commitment to grow the Rab brand in the North American market. The company has been selling into U.S. special

NFL to Lay Off 14% of Staff

The National Football League will lay off almost 14% of its staff to cut costs, Reuters reported. The report follows an announcement by the NBA in mid-October that it was laying off 9% of its workforce due to a weakening economy and declining season ticke

Season Pass Sales Soar, Bookings Dive at Vail Resorts

Vail Resorts, Inc reported its season pass sales were up 29% from the same time last year, but said advance bookings at its mountain resorts were off 23% and that if they did not improve it would have to lower its guidance for the current fiscal year…

SIA: Pre-Season Snow Sports Sales Post Solid Gains

Snow sports sales rose a surprising 9% in the August to October period, bolstered by a significantly higher ratio of carryover equipment sales. Sales of children's gear was also up strongly, the Snowsports Industries Association reported. The number