Payless to Acquire Collective
Payless ShoeSource inked a deal to acquire Collective International, a licensing platform that manages the Airwalk, Vision Street Wear, Lamar, Sims, LTD, genetic, Dukes, Rage, Ultra-Wheels and Skate Attack brands. When the deal closes, Collective will bec
K2 Grabs Snow Sports Market Share in Q4…
K2 Inc. appears to be the only publicly reporting Snow Sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport
Heely’s Rolls Through First Quarter in Public Eye…
Heely's, Inc. ended its first quarter as a public company at the same time as it ended its first fiscal year, all the while reporting triple-digit growth for sales and earnings for both periods. Sales grew both within the U.S. and without, with domes
Franklin Sports Underwrites SGMA Show Fees
Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is underwriting this month’s attendee registration fees – a savings of $50 per attendee…
Golf Town Sees 15% Annual Sales Increase
A strong fourth quarter led to a strong fiscal year for Canadian golf-specialty retailer Golf Town. For the fourth quarter, which ended December 31, 2006, net sales increased 16.4% to CA$37.7 million ($33.1 mm) from CA$32.4 million ($27.6 mm) on a 4.0% co
Life Fitness Inks iPod Deal
Life Fitness, a division of Brunswick Corporation, said it plans to offer seamless integration with Apple Inc.’s iPod players in several of its upcoming products…
Big 5 Announces Promotions
Big 5 Sporting Goods Corp named Richard A. Johnson as Executive Vice President and Shane O. Starr as Senior Vice President, Operations…
New Era Collaborates with Spike Lee on MLB Cap ads
New Era Cap Co., the official on-field cap of Major League Baseball (MLB), hired Spike DDB, the advertising agency founded by film director Spike Lee and DDB Worldwide, to produce and direct its latest television commercials, in support of the launch of i
OIA Sets Agenda for Capitol Summit 2007
Every year, Outdoor Industry Association members gather in Washington D.C. to visit with their Representatives and Senators and lobby for issues that are important to the Outdoor Industry. OIA has held events similar to this for over a decade, but each ye
Malden Converts BK to Chap 7
In the on-going saga of Malden Mills’ most recent bankruptcy, the company has filed for chapter 7 in an effort to dismantle the former entity known as Malden Mills and to start the business anew under the name Polartec, LLC. The attorneys for Malden filed
Cabela’s Incorporated Prices Secondary Offering
Cabela's Inc. announced the pricing of an underwritten public offering of 4,736,868 shares of its common stock, all being offered by stockholders affiliated with J.P. Morgan Partners, LLC and Fulcrum Growth Partners…
G-III Apparel Group Prices Secondary Offering
G-III Apparel Group, Ltd., an outerwear and sportswear manufacturer, priced an offering of 4,500,000 shares of its common stock at a price to the public of $20 per share. Of these shares, 1,621,000 shares will be sold by the company and 2,879,000 shares w
Golf Town Sees 15% Annual Sales Increase
Golf Town saw 2006 sales increase 14.8% to CA$220.1 million ($194.1 mm) from CA$191.7 million ($158.4 mm) last year. The increase was due to the addition of three new stores in 2005 and four new stores in 2006 for a total of 28 as at December 31, 2006 as
Umbro’s U.S. Business Disappoints
Umbro said its U.S. business has underperformed significantly in 2006 due to weakness at Foot Locker. Overall, sales in the U.S. were down 63.1%…
LL Bean Tops $1.5 Billion in Fiscal 2006
L.L.Bean reported record annual net sales of $1.54 billion for the 2006 fiscal year ending February 25, 2007, a 4.6% increase over 2005. E-commerce grew almost 10% and emerged as the company's dominant sales channel for the year. The company also an
