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  Jan 6, 2009
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*** Sports Business NEWS ***

Against All Odds Files for Chapter 11 Protection

Against All Odds USA Inc., the operator of urban apparel and footwear stores, has filed for Chapter 11 bankruptcy protection. In documents filed in U.S. Bankruptcy Court in Newark, NJ attained by SportsOneSource, the company listed assets of more than $36 million and liabilities of more than $26 million... Click for Full Story >>>

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Skechers USA said that Adjmi Apparel Group has been named the licensee for a new Skechers-branded children’s clothing line set to launch in Fall 2009 at department, specialty and online retailers that carry Skechers Kids footwear...(1/6/2009)

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The Timberland Co. has become the Official Footwear and Outerwear Sponsor of the 2009 Sundance Film Festival, taking place Jan. 15 to 25 in Park City, Salt Lake City, Ogden and Sundance, UT. In its sponsorship role, the brand will exclusively provide footwear, jackets and outdoor accessories for Festival filmmakers and programming team members. Timberland will also lend support to the Festival's on-site environmental efforts...(1/6/2009)

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Acushnet Company, the golf business of Fortune Brands, Inc., announced that it will move forward with the appeals process following denial of its request for a stay of an injunction regarding certain Titleist Pro V1 golf balls...(1/5/2009)

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Callaway Golf Company has acquired uPlay, a Carlsbad, California-based developer and marketer of consumer electronics devices. The transaction, which was completed on Dec. 31, 2008, is not expected to have a material effect on Callaway Golf Company’s 2009 results. Terms of the deal are not being disclosed...(1/5/2009)

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Although overall online sales tracked by comScore Inc. fell 3% this past holiday season, sales of sports & fitness jumped 18%. The web-tracking firm said the gains were led by "consumers’ focus on health and fitness and their growing confidence in buying high-priced treadmills, elliptical equipment and other items online."...(1/5/2009)

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The Golf Datatech National Golf Rounds played showed that in most regions, golf rounds played continue to rapidly fall. According to the report, national golf rounds played in the U.S. were down 6.7% in November 2008 vs. November 2007, bringing the year-to-date total to a decrease of 1.6% from last year’s overall results...(1/5/2009)

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The NSGA announced that basketball-coaching legend Jim Boeheim, head coach of Syracuse University’s men’s team, will speak at its upcoming conference. Other speakers include Dan Clark, best selling author and internationally known speaker, and Syracuse alumnus, former Baltimore Colts Pro Bowl defensive lineman Joe Ehrmann. The 45th Annual Management Conference & 11th Annual Team Dealer Summit will be held May 3-6, 2009 at the Westin La Cantera Resort in San Antonio, TX...(1/5/2009)

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Greg Norman Collection has entered into a licensing agreement with Vantage Apparel to sell and distribute GNC apparel into the corporate sales channel. Product design, sourcing, quality control and related matters will continue to be overseen by Greg Norman Collection. Additionally, the existing sales force will remain intact...(1/5/2009)

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JJB Sports, the struggling U.K. sporting goods chain, has named David Jones, the former chief executive of U.K. fashion chain Next, as executive chairman. Peter Williams, the former chief executive of the Selfridges U.K. department store, has also been appointed executive director with responsibility for the group’s strategic development...(1/2/2009)

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Johnson Outdoors Inc. completed an amendment to its existing debt agreements. Among other items, the amendment provides for greater flexibility with respect to financial metric covenants through the end of the company's 2009 fiscal year... (1/2/2009)

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