Click any of the archive tabs above for more news by category of interest.
All BASIC subscribers can access posted articles free for seven days from publish date.
Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.
*******
The Latest News...
Schutt Sports Forms Sports Marketing and Business Development Division
Schutt Sports has formed a new division, the Sports Marketing and Business Development Division, to be headed up by chief marketing officer, Dave Rossi. The division will focus on the marketing and re-branding programs the company had undertaken throughout 2007...(5/12/2008)
Jarden Sees Double-Digit Growth on K2 Acquisition
Jarden Corporation reported a 48.3% jump in first quarter net sales to $1.22 billion compared to $820.9 million for the same period in the previous year. Net sales were buoyed by the acquisitions of Pure Fishing and K2 Inc. On an organic basis, net sales in the Outdoor Solutions business grew 3.6% for the quarter. Net income for the quarter grew to $4.7 million, or 6 cents per diluted share, from $1.4 million, or 2 cents per diluted share, in the first quarter of 2007...(5/8/2008)
New Era to Make Kiosks at MLB ballparks
New Era Cap has selected nParallel to develop portable, outdoor selling kiosks and indoor shop-in-shop environments to promote the sale of New Era merchandise at all 30 ballparks in Major League Baseball. New Era is now installing the shop-in-shop system in teams' existing stores and delivering the portable kiosks to all major league ballparks. The roll-out will be completed by April 2009...(5/8/2008)
Puma Experiences Weak Q1 in U.S. Market
Puma’s worldwide branded sales, which include consolidated and license sales, rose currency neutral 0.5% for the first quarter. In reporting terms, branded sales reached € 741.2 million ($1.11 bn) versus € 762.1 million ($998.7 mm). Footwear sales were down by 4.6% to € 404.1 million ($605.2 mm). In the U.S. market, sales were down 14.2% to $ 134.1 million ($145.8 mm), affected by the continued moderate environment in the mall-based business. Orders for U.S. end-of-quarter declined 20.8%...(5/7/2008)
Women's Sports Foundation Creates Women's Sports Museum
Women's Sports Foundation opened the Billie Jean King International Women's Sports Center, the world's only museum exhibit and hall of fame dedicated to all women's sports. Inductees for the current year include gymnast Shannon Miller, Algerian track star Hassiba Boulmerka, the Japanese golfer Hisako "Chako" Higuchi, and softball coach Sue Enquist...(5/7/2008)
Adidas Q1 Profit Climbs 32%
Adidas AG Tuesday reported net profit jumped 32% to 169 million euros ($261.7 million) from 128 million euros a year earlier. Revenue rose 3.3% to 2.62 billion euros ($4.05 billion) from 2.54 billion euros. Group sales increased 10% on a currency-neutral basis, driven by double-digit sales growth in the adidas and TaylorMade-adidas Golf segments. Revenues in the Reebok segment, however, declined. Currency movements negatively impacted Group sales in euro terms...(5/6/2008)
Nike/Finish Line Launch Running/Training Concept
Nike and The Finish Line, Inc. announced the opening of a new retail experience called Finish Line Ltd customized to meet the needs of young running and training athletes. The concept store is located at the Chandler Fashion Center near Phoenix, Arizona...(5/6/2008)
Russell Partners with Pop Warner
Pop Warner Little Scholars, Inc., the world's largest non-profit youth football and cheerleading organization, and Russell announced an exclusive five year partnership agreement from 2008-2012. Russell also retains the option to extend the agreement through 2013...(5/6/2008)
Next >>