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Globe International, an Austraila-based maker and distributor of boardsports related products, lost $24.6 million on total revenues of $122.3 million for fiscal 2007-08 due largely to one-time non-cash goodwill adjustment. Net sales rose 5.2% in constant currency terms...
(9/8/2008)
* * * Eurobike is reporting record attendance of 36,800 trade visitors from 75 countries, 18,000 bicycle fans at its Open House Day and 1,430 journalists from 32 countries. Ninety percent of the trade visitors surveyed rated the economic situation as stable to rapidly growing...(9/8/2008)
* * * Sport Chalet, Inc. has signed an exclusive sponsorship agreement with the University of California at Los Angeles (UCLA). The deal gives SPCH a highly visible presence at UCLA for all home games from 2008 to 2011. In addition, Sport Chalet will receive Olympic sport exposure at all regular-season home events for selected UCLA Olympic sports...
(9/8/2008)
* * * Adidas and the Russian Football Union (RFU) announced a long-term partnership until 2018. Both partners will work together in order to promote football on all levels. Under the new agreement effective as September 1st, 2008 adidas will supply all RFU teams including the Olympic football team. Nike had been the sponsor...
(9/8/2008)
* * * Disabled Sports USA today announced its Executive Director Kirk Bauer was a member of the six member presidential delegation appointed by The White House to represent the United States at the Opening Ceremonies of the 2008 International Paralympics in Beijing, China. The Paralympic Games Opening Ceremony was held on September 6th...(9/8/2008)
* * * Oprah Winfrey and Bill Gates topped the list of who Americans would like to take on a day-long hike, according to a survey released over the weekend and co-sponsored by CGPR (www.cgprpublicrelations.com) and Open Air Magazine, an active lifestyle publication from USA TODAY...(9/8/2008)
* * * Callaway Golf Co. announced that the Board of Directors and George Fellows, president and CEO, have agreed to amend and extend the term of his employment agreement through December 2011...
(9/5/2008)
* * * Exports of German bikes are up 80% in the first half of the year, while imports are up 8.3%, the German Association of Bicycle Wholesalers and Exporters said at the opening of the Eurobike trade show in Friedrichschafen...(9/5/2008)
* * * Yakima said the Hans Johnsen Company of Dallas will begin distributing its products to independent bicycle dealers in the Southern United States. The companies said the partnership will provide IBDs the ability to quickly order limited SKUs of Yakima product...
(9/5/2008)
* * * Zumiez Inc. has appointed Lynn K. Kilbourne as the company's president and general merchandising manager. Prior to Kilbourne's promotion to president, she served as the company's EVP and GMM since Sept. 2004...(9/5/2008)
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