Highgear hired Chris Johnson as National Sales Director for the newly developed brand, New Balance Sports Monitors. Johnson comes to Highgear with more than twenty years experience in the Sporting Goods Industry. Prior to joining Highgear he spent five ye
Author: SGB Media
FeelFree Kayak Opens New Bankok Factory
Feelfree Kayak transitioned to a new production facility in Bangkok, Thailand. This multi-storied, state of the art facility houses production Feelfree Kayaks as well as Feelfree Waterproof Gear and Accessories…
Hat World to Acquire Hat Shack in $18 Million Deal
Genesco Inc.'s Hat World subsidiary has entered into an agreement to acquire Hat Shack, Inc. The Marietta, Ga.-based Hat retail chain operates 49 retail headwear stores located in 10 states, primarily in the southeastern United States. The purchase p
Vail Resort’s Fiscal Q1 EPS Flat on 33% Revenue Gain
Vail Resorts, Inc. first quarter of fiscal 2007 total revenues increased $28.1 million, or 32.9% to $113.5 million from $85.4 million for the comparable period last fiscal year. Loss from operations for the quarter increased $1.0 million, or 2.0%, to a lo
Miōn to Operate as Carbon Neutral Brand
Miōn footwear will operate as a carbon neutral brand in 2007 and beyond. The brand formulated this goal to operate as a carbon neutral company just prior to the European Outdoor Show in Friedrichshafen, Germany and the Outdoor Retailer Summer Market
OIA Scores Major Victories During Final Votes of 109th Congress
Outdoor Industry Association scored a series of major victories on Capitol Hill recently. Congress has approved legislation that for the first-time provides a permanent source of funding for local parks and trails. The precedent-setting legislation establ
Westcomb Wins ISPO BrandNew Award
After sorting through 231 nominations from 23 countries, the 18 judges of the the ISPO BrandNew Awards named Westcomb Outerwear, Inc. as the winner of the 2007 award in the Sportswear category. This is the second international nod in as many years for the
GBMI Creates U.K. Subsidiary
Global Brand Marketing Inc. is organizing its operations in the United Kingdom in order to establish direct control over its wholesale distribution, merchandising and marketing in that region. In addition, GBMI has hired Steven Price Brown to head up GBMI
Forzani Sees Strong Third Quarter; Comps Increase 7.7%
The Forzani Group Ltd. net earnings for the third quarter were $11.9 million, or 35 cents per share, compared to the prior year's third quarter of $6.5 million, or 20 cents per share, an 83.1% increase in profits and a 75.0% increase in earnings per
Heelys IPO Skates Ahead of Expectations
Heelys IPO officially launched on Thursday and the market priced the 6.425 million share offering well above original estimates. The offering was expected to sell for $16-$18 per share but sold for $21 per share, raising almost $135 million…
Dick’s Sporting Goods and NFL Team Up for Holiday Giving
A special holiday shopping event, co-sponsored by several NFL teams, is scheduled to take place in Dick's Sporting Goods stores throughout December. The event gives approximately 50 underprivileged kids in each community MVP status through a special
Gildan Fourth Quarter Sales Boosted by Acquisition; Increases Guidance
Gildan Activewear Inc. fourth quarter net earnings were $16.8 million and diluted EPS were 28 cents. Sales in the fourth quarter amounted to $235.2 million, a record for any fiscal quarter, and up 30.2% from $180.7 million in the fourth quarter of last ye
Spy Optic Shuffles California Reps
Spy Optic's rep Nik Hennessee will be transitioning from his present territory of Los Angeles to the Orange County region. Due to pressing family matters, existing OC rep Todd Madsen will be moving to Northern California. He will be greatly missed a
Cutter and Buck Profits Jump on 10% Sales Increase
Cutter & Buck Inc. second quarter sales increased 10.7% to $37.3 million. Corporate business unit sales were $14.8 million, a 5.9% increase. Golf sales were $7.7 million during the second quarter, a 4.6% increase. Specialty retail sales of $9.9 million in
Coleman Promotes Three SVPs
The Coleman Company, Inc. promoted three senior vice presidents, Pat Barnett, Senior Vice President of Global Product Management; Bob Fowler, Senior Vice President of Global Supply Chain; and Sam Solomon, Senior Vice President, Global Administration and C
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