American Skiing Company entered into a definitive agreement to sell its Sunday River and Sugarloaf/USA resorts to Boyne USA, Inc. for $77.0 million in cash. Boyne will also assume $2.0 million in debt and other liabilities. The announced sale follows the
Author: sportsoneauthor
JJB Sports First Quarter Impacted by Low Soccer Jersey Sales
JJB Sports plc total revenue for the 18 weeks to 3 June 2007, including that from retail stores and from health clubs, was 1.2% lower than the same period last year and includes a comp-store decrease in revenue, of 1.8%. However, the combined gross margin
Zumiez May Comps Jump 11.2%
Zumiez Inc. total net sales for the four-week period ended June 2, 2007 increased 51.6% to $22.7 million, compared to $15.0 million for the four-week period ended May 27, 2006. The company's comparable store sales increased 11.2% for the four-week pe
Everlast Inks Licensing Deal with Michelin
Everlast Worldwide Inc. signed a worldwide license agreement with Michelin Lifestyle Limited. MLL has partnered with Everlast to create a new line of technically advanced professional boxing footwear. Everlast will launch the new professional boxing footw
Mark Wilford Joins Metolius as Sales Rep
Metolius hired a new regional Sales Representative for the Midwest territory, Mark Wilford. Based in Fort Collins, Wilford joins Metolius with 19 years of outside sales experience in the Midwest and over 35 years of climbing experience. In his years of ex
Forzani Q1 Earnings Double on 5% Revenue Increase
The Forzani Group Ltd. net earnings for the first quarter were $700,000, or two cents per share, compared to the prior year's first quarter of $300,000, or one penny per share. Retail system sales for the quarter were $308.4 million, an increase of 3
Ellen Brown Joins Isis
Isis appointed Ellen Brown as independent sales representative for its Rocky Mountain regional territory. She joined the team on May 15. She replaces former representative, Polly Tucker…
OIWC adn TAPS to Co-Host OR Clinics
Outdoor Industries Women’s Coalition (OIWC) and the Trade Association of Paddlesports (TAPS) are co-hosting two first-of-their-kind women-focused events at the paddle tank during Summer Outdoor Retailer 2007. Both events, underwritten by Kokatat, will be
New Era Cap Appoints New Counterfeiting Czar
New Era Cap Company Inc. has promoted Tony Swaffield to Director of Brand Protection in an effort to combat counterfeiting of its products on a global scale. With his new position, Swaffield, whose experience in both the public and private enforcement fie
Thule Closes Case Logic Acquisition
Thule has closed the Case Logic acquisition after approval of relevant anti-trust authorities. The transaction was originally announced on April 30th, 2007…
NSGA Management Conference Sees Strong Turn-Out
With nearly 450 sporting goods industry leaders in attendance, the 43rd Annual NSGA Management Conference and 9th Annual Team Dealer Summit – held at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs, Fla. – was described by many attendees as
adidas Supports ‘Right to Play’ with New Philanthropic Program
International humanitarian organization, Right To Play and adidas have joined forces to bring the positive impact of sport and play to children in disadvantaged communities around the world. The centerpiece of the program is a limited edition mini red bal
Everlast Shareholder Believes $26.50 Per Share Offer is Under Priced
Aquamarine Capital, an Everlast shareholder, believes buyout of Everlast at $26.50 is under-priced and the fair value of the company is in excess of $50 per share. Everlast Worldwide Inc. announced an agreement to be acquired by The Hidary Group for $26.5
prAna Launches New Merchandising Contest
prAna is launching a new merchandising program to encourage retailers to design and build prAna-themed environments in their stores. This focus on merchandising is intended to maximize sales on the retail level, highlight best merchandising practices and
Sugoi Opens New DC In Europe
Less than a year after opening a United States distribution center in Bedford, Connecticut, Vancouver, B.C-based Sugoi Performance Apparel has announced plans to open a distribution facility in Oldenzaal, Netherlands…
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