American Skiing Co to Sell Steamboat to Intrawest
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation, in Steamboat Springs, Colorado, to Steamboat Acquisition Corporation, an affiliate of Intrawest ULC, for $265 million. The announced sale follows t
ECCO USA President Promoted to Director of Americas
Tom Nelson, president of ECCO USA, will be promoted to Regional Director of ECCO Americas as of January 1, 2007. In addition to his ongoing responsibilities as ECCO USA president, Nelson’s new role will include serving as Chairman of ECCO Canada’s Board o
K2 Sports and Flow End Hiback Dispute…
Flow International and K2 Sports have resolved their binding patent dispute. The center of the conflict revolved around Flow’s hiback bindings that allow a rider to slide a boot into a cloth strap, then flip up the back and carve down the mountain. A c
OBIT: Lamar Hunt
Lamar Hunt, founder of the Kansas City Chiefs, as well as one of the founders of the American Football League and among the leaders of the AFL-NFL merger, passed away Wednesday evening December 13 at the age of 74. Hunt is also credited with coining the t
Vendors and Retailers Were Firing on All Cylinders in the Third Quarter…
Early cool weather helped the pace of sales and profit growth during the third quarter for Bicycle, Outdoor, and SnowSports vendors and retailers alike. With rising average selling prices and strong early sell-through delivering double-digit sales growth
K2 and Flow End Binding Dispute…
Flow International and K2 Sports have resolved their binding patent dispute. The center of the conflict revolved around Flow’s hiback bindings that allow a rider to slide a boot into a cloth strap, then flip up the back and carve down the mountain….
Johnson Appointed New Balance Sports Monitors’ Sales Director
Highgear hired Chris Johnson as National Sales Director for the newly developed brand, New Balance Sports Monitors. Johnson comes to Highgear with more than twenty years experience in the Sporting Goods Industry. Prior to joining Highgear he spent five ye
FeelFree Kayak Opens New Bankok Factory
Feelfree Kayak transitioned to a new production facility in Bangkok, Thailand. This multi-storied, state of the art facility houses production Feelfree Kayaks as well as Feelfree Waterproof Gear and Accessories…
Gander Mountain Receives $50 Million of Equity Financing; Names New Chairman
Gander Mountain Company has announced that David C. Pratt, founder of United Industries, has entered into an agreement to purchase 5,701,255 newly issued shares of common stock at a price of $8.77 per share for a total purchase price of $50.0 million. Mr.
Hat World to Acquire Hat Shack in $18 Million Deal
Genesco Inc.'s Hat World subsidiary has entered into an agreement to acquire Hat Shack, Inc. The Marietta, Ga.-based Hat retail chain operates 49 retail headwear stores located in 10 states, primarily in the southeastern United States. The purchase p
On-Line Retailers See ‘Cyber Monday’ Turn into On-line Weekend…
On-line retail sales growth continues to out-pace brick & mortar sales growth across the retail industry. With the holiday selling season ramping up, e-commerce retailers are seeing some fundamental shifts in the buying patterns with “Cyber Monday” stretc
Aspen, prAna, and Vail Honored for Green Power Initiatives
This week, the U.S. Environmental Protection Agency, the U.S. Department of Energy, and the Center for Resource Solutions honored a group of organizations with the annual Green Power Leadership Awards, recognizing leading national green power purchasers a
Reebok Expands Relationship with MLB
Major League Baseball Properties has agreed to name Reebok as an official licensee of MLB apparel for the fan and lifestyle consumer. The multi-year apparel partnership expands Reebok’s current partnership with the League, which, in February 2004, named t
Lotto Steps Up U.S. Presence with Etonic Acquisition…
Lotto Sport Italia last week announced that it had acquired Etonic Worldwide, giving the Italian brand a broader presence in the U.S. Lotto, which has been primarily known as a soccer and tennis brand — outside of a few years in the late 80’s when it sa
The Finish Line Expects Q3 Loss on Comp Declines…
The Finish Line, Inc. reported that total net sales increased 2.7% to $281.5 million for the third fiscal quarter ended November 25 from $274.0 million in the year-ago period, but comp store sales declines across the board at the company’s Finish Line nam
