Specialty Sports Venture, a joint venture majority-owned by Vail Resorts, Inc., entered into an agreement to acquire 18 Breeze Ski Rental shops at locations throughout Colorado, Utah and California for $6.5 million. With this acquisition, SSV becomes one
Author: SGB Media
NSGA Elects New Officer and Board Members
The National Sporting Goods Association elected one new officer and five members of its Board of Directors. Bob Dickman, Kesslers Team Sports, was elected Treasurer/Chairman-Elect and assumes that office on June 1…
Perry Ellis CFO Resigns
George Pita, Chief Financial Officer of Perry Ellis International, Inc. announced his resignation, effective June 18, 2007, to pursue other interests. Following Mr. Pita's departure, Mr. Thomas D'Ambrosio will assume the role of interim CFO unti
Former Cloudveil Owners Acquire Ouray Sportswear
O Holdings, LLC has completed the acquisition of the assets of Ski Country Imports, Inc. and Ouray Sportswear Wyoming, Inc. O Holdings has capitalized a new company, Ouray Sportswear, LLC which will continue the operations of Ski Country Imports, formerly
Pacific Cycle Hires IBD Marketing Guru
Pacific Cycle hired Jennifer Schwai to serve as Pacific’s Director of IBD Marketing as she returns to the bike industry. In this new role, Schwai will lead strategic marketing initiatives for the GT Bicycles brand and oversee the Schwinn and Mongoose bran
Payless Plans New DC in Ohio
Payless ShoeSource, Inc. plans to locate its eastern distribution center in Brookville, Ohio, a community 15 miles west of Dayton, as part of its dual distribution center plan announced earlier this year aimed at enhancing the logistical efficiency and qu
Brooks Gains More Traction in Specialty Running Market
According to the recently released Sports Marketing Surveys Running Specialty Store Sales Survey, Brooks Sports, Inc. took home first-place standings for its “Brand Strength Forecast” and “Market Strength Forecast” in the specialty running industry. Addit
Unifi Appoints Dillon Yarn CEO to Board
Unifi, Inc.'s Board of Directors appointed Stephen Wener to the Board. Mr. Wener, who lives in Franklin Lakes, New Jersey, has served as the President and CEO of Dillon Yarn Corporation since 1980 and has been a driving force behind Dillon's suc
Ashworth Restructures Management and Staff
Ashworth, Inc. will undergo a series of personnel changes. Edward (“Eddie”) J. Fadel has returned to Ashworth as President, effective immediately. Gary I. (Sims) Schneiderman, President, has left the Company to pursue other interests. Peter E. Holmberg, E
Shoe Carnival Q1 Earnings Slip on Tough Retail Environment
Shoe Carnival, Inc. net earnings for the first quarter were $7.3 million, or 53 cents per diluted share, compared to net earnings of $7.4 million, or 54 cents per diluted share, for the prior year first quarter ended April 29, 2006. Net sales decreased 1
Execute Sports Outlines Plan for 2007
Execute Sports Inc. announced several strategic initiatives for the rest of 2007 and summarized key achievements for the past 18 months including the closures of Eagle Rider clothing, Kampus wakeskates and Collective Development bags as well as office and
OIA Lobbying Effort Helps Secure Recreation Funding
Outdoor Industry Association extended its thanks the U.S. House of Representatives, Interior Appropriations subcommittee, for its funding commitment to close to home recreation infrastructure as well as its support of a substantial funding increase for th
SIA: Specialty SnowSports Sales Flat for ’06-’07 Season
Specialty stores, buoyed by strong early and late season sales in the East and Midwest and consistently strong sales in the Rockies and West, finished the August through March selling season with $1.8 billion in sales, flat compared to last year's re
Dick’s Sporting Goods Hits Top-End of Q1 Guidance with Positive Comps
Dick's Sporting Goods, Inc. first quarter Net income increased 90% to $21.7 million and earnings per diluted share increased 81% to 38 cents, compared to prior year net income of $11.4 million, or 21 cents per share. Net sales for the quarter increas
Thule Acquires Norwegian Trailer Distributor
Thule acquired its Norwegian distributor of trailers in Norway, Brenderup Tilhengersenter AS. The company has 10 employees and sales of about 40 million Norwegian krona ($6.6 mm). The unit will be integrated into Thule's business area Trailers, which
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