Did you hear?... Smith Sport Optics downsizes

In more downsizing news, SNEWS® has learned that Smith Sport Optics laid off seven full time and two part-time employees on March 25.

In more downsizing news, SNEWS® has learned that Smith Sport Optics laid off seven full time and two part-time employees on March 25. Like Oakley last year, Smith was impacted -- though far less severely -- by the sale of Sunglass Hut chain Luxottica (click here to read story). Luxottica is a major competitor to Safilo SpA, the parent company of Smith and Carrera brand sunglasses and goggles and as a result, Sunglass Hut stopped carrying Smith products. In addition, Smith opened several international subsidiaries -- one in Canada, one in Italy -- as well as a field office in Southern California, making some of the work previously done in Ketchum unneeded. SNEWS® View: Combine job redundancy with flat sales and the 15 to 17 percent hit on sales the loss of Sunglass Hut business had on the bottom line, and you have a recipe for layoffs. Still, in the overall scheme, Smith sales remains very strong and the future for the company looks rosy. Annual sales last year were in the $50 million range and Smith's parent company just purchased a mall-based retail chain of six stores currently, giving Smith a bit more control of its own retail destiny.


Friends, community and Smith Sport Optics rallying to support injured friend

Teresa Hukari, dealer services manager at Smith Sport Optics, was severely injured in a skiing accident in Sun Valley on March 4. (See our story, Industry veteran, Teresa Hukari, needs your prayers and positive vibes.) Hukari dictated a letter to her sister as a thank you for ...read more

Fitness: Did you hear?…

For the week of Dec. 7-13>> For the second year in a row, Boston Magazine has awarded Fitcorp Fitness Centers as the "Best of Boston," paying tribute to its contributions to the Boston market. Fitcorp in its 25th year operates 10 fitness centers in and around Boston, and manages ...read more

Fitness: Did you hear?…

>> Uncle Sam may have collected a chunk of change on Tax Day, but Bally Total Fitness tried to soften the blow for taxpayers by opening all its club doors April 15 free of charge. The promotion was part of a nationwide effort to encourage people to work out their tax day ...read more

Outdoor: Did You Hear?...

>> Indigo Equipment has hired the company's first official employee -- not counting owner/operators of course. Kristen Simpson has joined the team as the company's product manager and the sales/marketing assistant. Based out of Indigo's Jackson Hole office, Simpson is a former ...read more

Fitness: Did you hear?...

>> The Nautilus Group is rolling out its new TreadClimber in no uncertain terms. If you didn't see the USA Weekend national newspaper insert from last weekend, take a look on page 21 where you'll find a full-page ad -- yes, that wasn't a typo, we said full page -- for the new ...read more

Outdoor: Did you hear?…

For the week of Feb. 15-21 >> It's time to get down and dirty ladies as the Sugoi Dirt Series ramps up for 2005. The women's technical mountain bike camps started in British Columbia, and expanded east into Alberta, before making its first trips to the United States last year. ...read more

Outdoor: Did you hear?…

For the week of Nov. 23-29 >> Bison Designs found its way into the news recently, in an AP report, but not the way you might think for the Longmont, Colo.-based, outdoor manufacturer. Instead of a story about the company's belts, key chains and other accessories, the AP story was ...read more

Outdoor: Did you hear?...

>> If you haven't made your reservation yet for the Outdoor Industry Association Rendezvous, Sept. 30 through Oct. 3 at the Park Hyatt in the Beaver Creek Resort in Colorado, do it NOW! It is, in our opinion, one of the single most important gatherings for outdoor industry ...read more

Did you hear?... TNF lays off 12 employees

Representatives of The North Face contacted SNEWS® to say the company has laid off 12 employees as part of a reorganization. The layoffs are spread among the marketing, customer service, and finance departments. TNF was quick to state that the layoffs have nothing to do with any ...read more