Author: Eric Smith

The Tiger Effect: Woods’ Victory Boosts All Golf Stakeholders

The Tiger Effect: Woods’ Victory Boosts All Golf Stakeholders

When Tiger Woods won his first PGA title in five years Sunday by clinching the Tour Championship, the golf industry roared a collective “hurrah” at Woods’ victory, fully understanding that whenever Tiger makes a tournament cut and dons his signature red shirt for the Sunday round—but especially when he wins—everyone benefits. (Read More)

Behind The Deal: Peak Resorts Makes Strong Play With Snow Time Acquisition

Behind The Deal: Peak Resorts Makes Strong Play With Snow Time Acquisition

The move that Peak Resorts Inc. made Monday—the $76 million acquisition of Snow Time Inc. and its three Pennsylvania ski areas—won’t generate the same buzz as deals made by competitors such as Vail and Alterra, but the Wildwood, MO-based company’s purchase does pack plenty of punch. Company executives spoke with SGB about the purchase. (Read More)

Reima’s Successful U.S. Debut Has Kidswear Brand Eyeing More Growth

Reima’s Successful U.S. Debut Has Kidswear Brand Eyeing More Growth

Reima, a Finland-based maker of functional kidswear, debuted in the U.S. about a year ago, and the stateside expansion has been a successful one thanks to landing some premium retailers and successfully building brand awareness, according to Matti Lehtovirta, international sales director, who shared some company updates this week with SGB via email. (Read More)

Industry Voices Grow Louder In Opposition To Trade War

Industry Voices Grow Louder In Opposition To Trade War

President Trump’s claim that increased tariffs on foreign goods have resulted in an improved business climate for U.S. companies has been widely rejected by representatives of the outdoor, sporting goods and active lifestyle industries, who are growing louder in their opposition to the administration’s escalating trade war. (Read More)

The Path to $5 Billion: Vans Unveils Roadmap For Lofty Goal

The Path to $5 Billion: Vans Unveils Roadmap For Lofty Goal

The numbers that the Vans leadership presented at Wednesday morning’s investor meeting in Costa Mesa, CA, were staggering relative to the company’s current financial snapshot of $3 billion in annual revenue for fiscal 2018. The footwear and apparel brand expects to generate compounded annual growth rate (CAGR) of 10 percent to 12 percent each year over the next five years to reach $5 billion in annual revenue by 2023. Here's how the company plans to do it. (Read More)

August M&A Roundup: Implus Nets Sporting Goods Asset

August M&A Roundup: Implus Nets Sporting Goods Asset

The last full month of summer was again quiet on the M&A front, with only a handful of notable deals in the sporting goods, outdoor and active lifestyle industries. But August did get off to a strong start when Implus announced the company would acquire Pro Performance Sports LLC, dba SKLZ, a provider of multisport athletic performance and skill development training products. (Read More)

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