RAWLINGS SAYS IT'S READY FOR NIKE'S CHALLENGE IN EQUIPMENT
Rawlings Sporting Goods "promised shareholders" at
Thursday's annual meeting that the company "is preparing to
do battle not only with the Wilsons and Spaldings of the
world, but also ... Nike," according to Al Stamborski of the
ST. LOUIS POST-DISPATCH. Nike has plans to increase its
investment in the sports equipment market this year.
Stamborski reports that while baseball accounts for 55% of
Rawlings' sales, "the company is trying to cut its reliance
on that sport by beefing up its offerings and marketing in
softball, football, basketball, volleyball, hockey and
soccer." In related news, Rawlings named Robert Prather, as
its newest board member (ST. LOUIS POST-DISPATCH, 1/16).