Veltec Inks Partnership with Cole
Veltec Sports entered into a Joint Development Partnership with Cole USA, a wheel manufacturer, to bring Cole's patented Dynamic Spoke Alignment technology for road and MTB wheels to market in North America for the first time. Under the terms of the
Sports, Inc. Adds Schuylkill Valley to Roster
After adding Allen Sports Center to its team dealer base last week, Sports, Inc. has added Schuylkill Valley Sports in Pottstown, Penn. as store number 875…
Saks Completes Parisian Sale
Saks Incorporated has completed the sale of Parisian to Belk, Inc. for a total purchase price of approximately $285 million in cash…
SGMA: Team Sports Grow in Popularity with Women
According to the SGMA’s U.S. Trends in Team Sports, team sports remain very popular in the United States, but the overall number of participants is still declining. But, it’s not all bad news. Right now, interest in organized/sanctioned team sports is o
Antigua VP of Finance and CFO Steps Down
Gerald K. Whitley, VP of Finance and Chief Financial Officer, has announced his retirement from The Antigua Group, Inc. after twenty-one years of service. Mr. Whitley came to Antigua in 1985 after a successful career in public accounting and has been a ke
Oakley’s Olivet to Sit on Payless Board
Payless ShoeSource, Inc. has had D. Scott Olivet, CEO of Oakley, Inc., elected to its Board of Directors, with a term that will expire in 2009…
Nike Inc. Fiscal Q1 Profits Down on Tough Comps…
The conversation at Nike, Inc. was very different in the fiscal first quarter this year compared to the same period last year as the company saw gross margins decline, expenses increase, and net income decline for the period ended August 31. Still, the c
Collegiate Pacific Fiscal Year Results Hurt by Charges; Ramps Up Deal Machine Again…
Busy boys down at Collegiate Pacific Inc. last week. During the past week, the company announced a new partnership with Varsity Group Inc. to become their exclusive sporting goods supplier; entered another (and seemingly final) attempt to acquire 100% of
Forzani Sees Strong Back-to-School Season…
Following a strong second quarter report three weeks ago, The Forzani Group reported healthy sales and margins for the 2007 “Back to School” selling season. Retail system sales for the six-weeks from July 30 through Sept. 10, 2006 increased 7.0%, while s
Federal Judge Reinstates Roadless Rule…
Several U.S. state governments and environmental groups were successful in a direct legal challenge to the current administration’s repeal of the Roadless Rule. U.S. District Judge Elizabeth Laporte ruled that the Bush Administration did not conduct a sat
Execute Sports Inks European Distribution Deal for Academy…
Execute Sports, Inc. signed a strategic partnership with UDT Distribution Corporation. Under the agreement, UDT has the exclusive rights to sell and market the Academy Snowboard Company brand throughout Europe. In addition, UDT is required to meet minimu
Retailers are Back in the Driver’s Seat in Q2…
With the deal environment stagnating and integration efforts under full-swing at many Bicycle, Outdoor, and SnowSports industry vendors, profits during the second quarter of 2006 slowed considerably, while retailer profits swelled to record numbers. The s
Johnson Outdoors Named Official Vendor for ROI
Johnson Outdoors Watercraft Division, part of Johnson Outdoors Inc., will be joining the Retailers of the Outdoor Industry (ROI) buying group as an official vendor. ROI is composed of independent, entrepreneurial outdoor retailers.
As a member of ROI
Veltec Inks Development Partnership with Cole
Veltec Sports entereed into a Joint Development Partnership (JDP) with wheel manufacturer Cole USA.
The project will bring Cole's patented DSA (Dynamic Spoke Alignment) technology for road and MTB wheels to market in North America for the first time.
Black Diamond Raises $33K for UAC
Black Diamond’s 13th Annual fundraising party for the Utah Avalanche Center (UAC) hosted nearly 700 backcountry enthusiasts raised more than $33,000 for the UAC, which provides daily avalanche advisories and warnings, mountain weather forecasts and avalan