Suunto Names Director of Marketing
As of Jan. 19, Suunto North America will name Nate Randle as their Director of Marketing. Randle comes to Suunto North America with 10 years of marketing and sales experience most recently with Callaway Golf Company...(1/12/2009)

Avia Partners with Troy Lee Designs
Avia announced a new partnership deal with Troy Lee Designs (TLD), the southern California-based company that produces custom graphic designs for the “world’s fastest racers.” TLD will co-create a collection of AVIA racing shoes with a limited release per style. The first AVIA/TLD shoes will hit retailers in June ’09 with a retail price starting at $125.00...(1/12/2009)

Study: Obese Now Outweigh the Overweight
A new study by the National Center for Health Statistics finds that the number of obese American adults outweighs the number of those who are considered merely overweight for the first time. The study shows that more than 34% of Americans are obese, compared to 32.7% who are overweight, with just under 6% classified as "extremely" obese...(1/12/2009)

Big 5 Narrows Guidance Above Estimates
Big 5 Sporting Goods Corp. said it expects fourth quarter earnings to come in between 13 to 16 cents a share, reaching the upper end of its previous forecast calling for earnings between 7 to 17 cents a share. Wall Street's consensus estimate had been 12 cents a share. Comps declined 8.6%, in line with previously issued guidance...(1/8/2009)

Wolverine to Cut 450 Jobs; Acquires Cushe
Wolverine World Wide, Inc. announced a strategic restructuring plan that the company said will create significant operating efficiencies, improve its supply chain and create a stronger global brand platform. When fully implemented, the company expects the restructuring plan will result in a net reduction of approximately 450 positions and will generate an annualized pretax benefit in the range of $17 million to $19 million... (1/8/2009)

Reports: Layoffs at Reef
Reef has laid off as many as 42 employees from its Carlsbad, CA, headquarters, according to several published reports...(1/8/2009)

Sears Sees 12.8% Comps Drop at Domestic Stores
Sears Holdings Corporation reported that total company comparable store sales declined 7.3% for fiscal December as a 1.1% slip at Kmart stores was exacerbated by a 12.8% drop at Sears Domestic stores. Net income for the quarter ending January 31, 2009 is expected to be between $300 million and $380 million, or between $2.44 and $3.09 per fully diluted share, down from income of $426 million or $3.17 per diluted share last year...(1/8/2009)

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