The consumer shift many retailers and suppliers are seeing in the specialty market may be more permanent and lasting than most hope. The B.O.S.S. Report believes the U.S. consumer has taken a fundamental lesson from the last year and habits have clearly
Author: sportsoneauthor
Best of the MandA Rest (Year in Review)
Deckers Outdoor Corporation acquired upscale casual footwear maker TSUBO, LLC for approximately $6 million in cash plus a potential future earn-out,. TSUBO had sales of roughly $10 million in the year ended Dec. 31, 2007…
L.L. Bean Holiday Sales Off Double-Digits; Plans Layoffs
L.L. Bean is considering several cost cutting moves, including layoffs, after posting a double-digit drop in sales over the holiday period.
In an e-mail to employees first obtained by the Times Record newspaper in Maine, Chris McCormick, president and ch
2008: The Year of the Chemical Spill (Year in Review)
Two major health concerns plagued the industry in 2008, but for the most part industry vendors and retailers were able to turn those obstacles into opportunities…
Moves of the Year (Year in Review)\
Following are the most notable personnel moves in the outdoor industry for 2009…
Gone, But Not Forgotten (Year in Review)
The sporting goods industry bid farewell to several longtime industry stalwarts this year, including William “Bill” Modell, chairman of the board of Modell’s Sporting Goods, who died February 14, 2008, in New York…
SMT Golf to Stop Accepting Clubheads
SMT Golf, a maker of custom golf clubs, has announced that they will no longer be accepting used clubheads. In a press release, the company said it was too difficult and time consuming to refurbish and recycle used clubs and that too many customers had ta
Brunswick to Mothball Riverview Boat Plant
Brunswick Corporation will mothball its Riverview boat manufacturing facility near Knoxville, TN, and take additional actions aimed at reducing its work force, production and expenses. One of three manufacturing facilities in the Knoxville area, Riverview
Big 5 Executes Restated Employment Agreement with CEO
On Dec. 31, 2008, Big 5 Corp. executed a Second Amended and Restated Employment Agreement with Chairman of the Board, President and CEO Steven G. Miller…
FuelBelt’s Sales Team Gets New Manager
FuelBelt's new sales team in California, Nevada and Arizona will be managed by Snowden and Co. with Principal Frank Snowden…
Thorlos Makes Changes in Rep Coverage
Sock manufacturer Thorlos has selected Tom and Tony Karas with Robb Green of T & T Manufacturers to provide coverage for the state of Colorado. Thorlos' long-standing representative Jan Gulliksen will also continue in his current capacity with the co
PINE Surf Shop Destroyed in Fire
Long Beach Island’s PINE Surf Shop and Gallery was destroyed in a fire on Monday, Dec. 30, reported various media outlets. The shop, a blend of surfing and art, was opened eight months ago and the owner Julie Goldstein is currently hopeful but unsure as t
Mountain High Resort Sees Record Attendance
Mountain High Resort in Wrightwood, CA reported a record-breaking holiday season with skier visits up more than 40% over last year for the two-week Christmas period. This marks a 36% increase over the resort’s 12-year average…
Perry Ellis Slashes Outlook for Q4
Perry Ellis International, Inc. announced that, based on preliminary results from its holiday season and estimates for initial deliveries of Spring 2009 merchandise, the company anticipates revenues for the fourth quarter ending Jan. 31, 2009 at the $200
The Deals of the Year (Year in Review)
The Deals of the Year, 2008…
Though lacking any of the major blockbuster deals like adidas/Reebok or even Quiksilver/Rossignol that seemed to fuel speculation in years past, 2008 did see a healthy amount of M&A activity as companies looked to achieve b
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