SGB Update Sportsmans
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
Nat’l Wild Turkey Federation Revamps Communication Team
National Wild Turkey Federation CEO George Thornton announced Thursday that the Federation's communications team would be headed by two director positions…
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
EOG Conservation Association Hires Manager
Tanya Bascombe will join the staff of the European Outdoor Group (EOG) Association for Conservation early in 2009 as manager…
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
Discounting Prompts G-III to Lower Guidance
G-III Apparel Group, Ltd. lowered its full-year guidance after reporting net sales rose 29.6% thanks largely to acquisitions. The company said that since retailers have been slower to reorder, it expects to see a higher level of promotional activity in th
Crocs Hires Global Creative Director
Crocs, Inc. said Charlie Johnson has recently filled the newly created Global Creative Director position. Chris Ladd was appointed VP of Global eCommerce…
