Puma signed an agreement to acquire 100% of the golf equipment brand Cobra Golf from Acushnet Company, the golf business of Fortune Brands, Inc. The acquisition includes the Cobra brand as well as related inventory, intellectual property and endorsem...(read all)

Hibbett Sports' long-time Chairman and CEO Mickey Newsome will give up the CEO's job and be replaced by the chain's Chief Operating Officer Jeffry O. Rosenthal. Newsome will become executive chairman. Both moves are effective March 15, 2010. Newsom...(read all)

Foot Locker Inc. announced goals to reach annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, chairman and CEO of Foot Locker, Inc., announced a new strategic plan, including a series...(read all)

Collective Brands, Inc. reported a fourth quarter net loss of $10.9 million, or 17 cents per diluted share, compared to a net loss of $144.0 million, or $2.28 per share, in the fourth quarter of 2008. Taking adjustments into acc...(read all)

Reebok is helping Sidney Crosby, the Canadian hockey Olympic star relocate his stolen hockey gear. Crosby, who scored the winning goal in overtime to defeat the US 3-2 this February in Vancouver, wants his gold-medal winning stick and glove back. Ree...(read all)

Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5...(read all)

Big 5 Sporting Goods Corp. reported earnings vaulted 77.8% in its fourth quarter. Sales advanced 8.2% to $237.6 million from $219.6 million with comps inching up 0.1%. The sporting goods chain also said it expects first-quarter earnings to range betw...(read all)

Easton-Bell Sports, Inc. announced that Chris Zimmerman has been hired as president of Easton Sports, effective immediately. Reporting to Paul Harrington, President and CEO of Easton-Bell Sports, Zimmerman will lead a unified Easton Sports brand bann...(read all)

Element 21 Golf Company reported revenues grew 52% in its second quarter ended Dec. 31, to $902,000 from $431,000. The increase in revenue was mainly attributable to a ramp in sales of the company's Carrrot Stix brand of fishing equipment. The comp...(read all)

Outdoor apparel and equipment manufacturer, Marmot Mountain, LLC, announced six internal promotions and one external new hire, including several newly created positions. They include: Andy Welling was originally hired at Marmot in October, 2006 as...(read all)

Puma acquired a 20.1% stake in Botswanan ecotourism company, Wilderness Safaris, as part of its sustainability program. Puma bought its stake in Wilderness Safaris via a private placement for about 186 million Botswana Pula, a prospectus for Wildern...(read all)

Orange21 announced today that it was teaming up with Jimmy Buffett for a new line of sunglasses under his Margaritaville brand. The expansion is part of SPY’s parent company’s revised strategy for growth. “Our strategy is very simp...(read all)

Kohl's Inc. reported net income for the fourth quarter increased 28% to $431 million, or $1.40 per share, compared to $336 million, or $1.10, a year ago. Sales were $5.7 billion, an increase of 8.5% for the quarter. Comparable store sales for the qua...(read all)

Golfsmith International Holdings, Inc. reported net revenues reached $63.8 million in the fourth quarter ended Jan. 2, 2010, down 5.9% from $67.8 million in the fourth quarter of 2008. Comparable store sales increased 0.9% while sales from the comp...(read all)

Genesco Inc. said Robert J. Dennis, president and chief executive officer, has been named to the additional office of chairman, effective April 1, 2010.  Dennis will succeed Hal N. Pennington as chairman, implementing the final step of a trans...(read all)