Fitness: Did You Hear?… - SNEWS

Fitness: Did You Hear?…

EncoreSeat, Matrix Fitness, Big 5, Nike, Tom Kennedy, Jeff Fardell, Stefano Caroti, Russell Corporation, Kevin Clayton, Matt Mirchin

>> Kevin L. Clayton will join Russell Corp. (NYSE: RML) as vice president of diversity, and was also elected a corporate officer by the board of directors at its December meeting. The board of directors also announced Matt Mirchin has been elected a corporate vice president. Mirchin is president of Russell Athletic and reports to Jon Letzler, president and COO. Mirchin joined Russell Athletic in August 2001 as president of team sports. He was named president of Russell Athletic in August 2002. And the board declared its regular quarterly dividend of $.04 per common share, payable Feb. 17, 2003, to shareholders of record on Feb. 3, 2003.

>> Nike has announced the appointment of three current general managers to vice president positions. Effective immediately, Tom Kennedy is vice president of U.S. apparel, Jeff Fardell is vice president of EMEA (Europe/Middle East/Africa) apparel, and Stefano Caroti is vice president of EMEA footwear.

>> Big 5 Sporting Goods (Nasdaq: BGFV) has announced the opening of a new store in South Ogden, Utah, bringing the total number of stores the company operates to 275. With this opening, the chain achieved its goal of opening 15 new stores this year. Next year, it plans to open 15 to 20 additional stores.

>> Matrix Fitness won itself a profile in the New Mexico Business Weekly last week titled "Small Business Strategies, Southwest fit." The story explains how President Ken Lucas took manufacturing to Taiwan to save costs on the company's commercial equipment.

>> Not the next wave in fitness, we don't think: The EncoreSeat touted itself last week as a seat to complement home gyms for resistance exercises and comes with a comfortable and convenient chair for therapeutic or sensual massage "and whatever comes next." No, really. Could we make this stuff up? The company founder Richard Harris was even quoted in the press release: "We leave it up to the couple as to what activity they move onto after a sensuous massage on the EncoreSeat. What we do know is that they always seem to come back for an 'encore.'" We're not sure if he'll ever live this one down.


Fitness: Did you hear?…

For the week Oct. 26 to Nov. 1 >> Have you seen the Tom Hanks movie, "The Terminal," where a visitor from a make-believe Eastern country gets held in the JFK airport because his country had a military coup while he was in the air and it basically doesn't exist? In the opening more

Fitness: Did you hear?

>> Matrix Fitness Systems celebrates its second anniversary and announced its plans to double its workforce in New Mexico from 25 to more than 50 by January 2004, according to company President Ken Lucas. Matrix is that state's only commercial fitness equipment manufacturer. The more

Fitness: Did you hear?...

Fitness: Did you hear?… >> Hoist Fitness’ Quik Change Dumbbell System has won SGMA’s Sports Product of the Year award, but in a tie with Huffy’s Canopy Trike. The dumbbell system, introduced nearly a year ago, allows users to create dumbbells from 7.5 to 75 pounds by easily more

Fitness: Did you hear?…

>> The CNN Effect strikes: Don't know what that is? Suppose it could also be called the Fox News Effect or the MSNBC Effect. It's where everybody is too glued to the tube to do anything, including shopping. According to one fitness retailer in the Northwest who chatted with SNEWS more

Fitness: Did you hear?...

>> PowerBar is at the 107th running of the Boston Marathon in a big and colorful way. A new feature is its "PowerGel Zone" at the base of "Heartbreak Hill" starting just before mile 17 of the 26.2 mile run from Hopkinton to downtown Boston. No, handing out the gels to runners more

Fitness: Did you hear?...

>> Super cool way to recycle athletic shoes:The National Recycling Coalition (NRC) and Nike have announced they are re-lacing their partnership to recycle used athletic shoes, expanding the Nike Reuse-A-Shoe program to every state in the continental United States. In the second more

Fitness: Did You Hear?…

>> Life Fitness founder Augie Nieto will introduce a new business venture at the IHRSA conference in San Francisco, IHRSA has announced. Calling him an "industry legend," IHRSA said in a brief announcement that Nieto will develop a nationwide system of medically based weight-loss more

Fitness: Did you hear?...

>> After six years in and out of courts, Nike has settled a lawsuit that claimed the company misled the public about working conditions in its overseas factories, resolving a battle over free speech protection that had gone to the U.S. Supreme Court and could have had more

Fitness: Did You Hear?...

>> At 11:40 a.m. on the first day of The Super Show, the fire alarms at the Sands Expo suddenly opened up with a piercing whooping screech. Most heads didn't even pop up, and no one made a move for the door. One exhibitor near the door said, after a couple of alarm whoops: "Hey more