Armor Holdings, Inc., the parent company to Gregory Mountain Products, has entered into a definitive merger agreement to be acquired by BAE Systems, Inc., a wholly-owned subsidiary of BAE Systems plc, a global company engaged in the development, delivery
Author: SGB Media
Conservation Alliance Works to Save Mount Hood
Conservation Alliance Executive Director John Sterling testified at a Senate hearing today in support of legislation that would protect wilderness and wild rivers on Oregon’s iconic Mount Hood…
Zumiez April Comps Climb 3.0%
Zumiez Inc. total net sales for the month of April increased 34.4% to $20.2 million, compared to $15.0 million for the four-week period ended April 29, 2006. The company's comparable store sales increased 3.0% for the four-week period, versus a compa
Wal-Mart April Comps Fall 4.6%
Wal-Mart Stores April sales increases 0.4% to $16.870 billion compared to 16.795 billion last year. Comparable store sales decreased 4.6% due to unseasonable weather and the Easter holiday shift…
adidas Group Q1 Earnings Decline on 9% Sales Growth
During the first quarter of 2007, adidas Group sales increased 9% on a currency-neutral basis, mainly driven by sales growth in the adidas segment. Currency-neutral sales grew in all regions except North America, which was stable. In euro terms, revenues
Heelys Owners to Offer Additional 8 Million Shares
Heelys, Inc. filed a registration statement with the Securities and Exchange Commission for the proposed offering of 8,000,000 shares of common stock held by Heelys, Inc. stockholders. Heelys, Inc. will not receive any of the proceeds from the sale of the
Warnaco Swimwear Q1 Sales Increase 1.8%
The Warnaco Group, Inc. first quarter ended March 31, 2007 net revenues rose 20.7% over the prior year quarter. Operating margin increased 350 basis points to 11.6% of net revenues and net income increased by 52 cents to 82 cents per diluted share. The Sw
REI to Open Asheville, NC Store
Recreational Equipment, Inc. plans to open a store in Asheville, North Carolina in the fall of 2008 at Biltmore Park Town Square, a new mixed-use village. The one-story 29,000 square-foot store will be located approximately 12 minutes from downtown Ashevi
Garmin to Acquire German Distributor
Garmin Ltd. has signed a letter of intent for the proposed acquisition of GPS Gesellschaft fur Professionelle Satellitennavigation mbH (“GPS GmbH”), the exclusive distributor of Garmin's consumer products in Germany. The completion of the acquisition
Performance Bicycle to Open New Ohio Store
Performance Bicycle, will open a new location in Mayfield Heights, OH in May, 2007. The store will be 8,200 square feet and will be located in at 1509 Golden Gate Plaza. Following Performance Bicycle’s commitment to green business practices, 100% of the e
Big Dog Q1 Net Loss Widens Despite 14% Sales Gain
Big Dog Holdings reported that consolidated net sales for the 2007 first quarter were $44.2 million, a 14% increase from $38.7 million in the first quarter 2006. The consolidated operating loss for the period was $5.9 million, compared to $4.8 million for
Rocky Brands Sees Q1 Profits Decline on Lower Margins
Rocky Brands first quarter, 2007 net sales increased 7.2% to $61.7 million versus net sales of $57.5 million in the first quarter of 2006. Net income was $800,000 versus net income of 900,000 and diluted earnings per share were 14 cents compared to dilute
Oakley Plans New SoCal DC
Oakley, Inc. has pre-leased approximately 290,000 square feet of distribution space in southern California from ProLogis. Oakley's new distribution facility will be located at Crossroads Business Park, a master-planned park ProLogis is developing in
Gramicci Hires Three New Reps
Gramicci apparel has expanded its U.S. sales force with the addition of Steve Shrednick and his wife Bobbi Bensman, covering the Rocky Mountain territory, and Matthew Miller, outdoor industry veteran responsible for the mid-Atlantic.
Liberty Media Acquires Controlling Interest in Backcountry.com
Liberty Media Corporation and Backcountry.com have entered into a definitive agreement for Liberty Media to acquire control of Backcountry.com. Terms of the acquisition were not disclosed. Liberty's interest in Backcountry.com will be attributed to t
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