Spy Optic, Inc. has signed a distribution agreement with Surf Sales, a leading distributor of surf, skate, and snow products in teh U.K. and Ireland…
Author: SGB Media
Copeland’s Files For Chapter 11 Bankruptcy
Copeland’s Enterprises, Inc. filed for voluntary Chapter 11 Bankruptcy in the U.S. Bankruptcy Court, District of Delaware. The company, which also does business under the Copeland’s Sports and ShopSports.com banners, listed assets of $50 million – $100 mi
Newest IWHOF Inductees Announced
The newest class of inductees into the International Whitewater Hall of Fame (IWHOF) was announced at Outdoor Retailer's Summer Market exhibition in Salt Lake City. The class represents a diverse group of whitewater legends comprised of individuals
Golfsmith Q2 Slips into Red on Debt Reduction Charges
Golfsmith International Holdings, Inc. net sales for the second quarter increased 11.4% to $114.1 million compared with $102.5 million for the corresponding period a year ago. Comparable store sales for the quarter increased 3.0%. Golfsmith reported a net
Eddie Bauer Posts Q2 Loss on 5.9% Comp-Store Decline
Eddie Bauer Holdings, Inc. second quarter revenues were $225.7 million, compared to $243.8 million in the second quarter of 2005. During the quarter, $153.8 million of sales were from the Company's retail and outlet stores and $57.8 million of sales
Diadora Credits Athletes for Tennis Sell-Out
Diadora America Inc. saw a complete sell-out of its Speedzone Pro tennis shoe in Spring 2006 and again for Fall 2006, thanks, in part, to their four top professional tennis players. Ivan Ljubicic, Gaston Gaudio, David Ferrer and Nicolas Kiefer have all be
Bear Stearns Subsidiary Acquires Water Water Everywhere
Bear Growth Capital Partners has entered into a letter of intent to acquire Water Water Everywhere, a specialty retailer of designer swimwear with 20 stores located primarily in the Northeast and Mid-Atlantic regions of the U.S. Upon closing, BGCP will co
VAUDE and Edelrid Clarify Joint Strategy
In March 2006 VAUDE and the climbing brand Edelrid were combined. Together, both companies are now setting a strategic course for integrating their competencies and fortifying both brands’ market position in Germany and abroad. VAUDE’s eperience in the cl
Patagonia Finalizes Single Brand Transition
Effective Spring 2008 the Water Girl, USA brand will
transition to Patagonia Women's Surf. The decision comes as the final step in Patagonia's brand architecture simplification, which has included the transition of Lotus Designs to Patagonia Pad
Head Slips into Red on 5% Revenue Decline
Head N.V. second quarter net revenues were down 5.3% to €63.8 million ($78.0 mm). Operating result before restructuring costs and gain on sale of property, decreased by €3.2 million ($3.9 mm) to a loss of €2.9 million ($3.5 mm). The loss for the period wa
Cabela’s Accounting Review Sees No Top or Bottom Line Changes
Cabela's review of its prior accounting policies did not impact the Company's revenue, net income, total assets, stockholders' equity, or earnings per share for any prior periods. However, it did impact the company's statements of cash
Li and Fung First Half Earnings Out-Pace Sales
For the first half of 2006, profit attributable to shareholders reached HK$764 million ($98.5 million), an increase of 24% over the same period in 2005. The Group’s turnover increased by 19% to HK$28 billion ($3.6 billion). This increase is above the targ
Amer Sports Cuts First Half Loss in Half
Amer Sports' net sales grew by 7% in the first half of 2006 to €739.2 million ($903.7 mm) compared to €689.9 million ($896.7 mm) in 2005. In local currencies, net sales grew by 4%. Earnings before interest and taxes (EBIT) amounted to a loss of €7.4
Johnson Outdoors Hires Currier and Associates
Johnson Outdoors has hired Currier & Associates of Brush Prairie, Washington to represent the company’s Eureka!â, Silva and Silva Tech4Oä brands in the Pacific Northwest. Currier & Associates’ territory will cover Alaska, Washington, Oregon, Montana and
New OIA Report Quantifies Economic Impact of Outdoor Industry
Outdoor Industry Foundation will release its first economic contribution study August 11th during the Outdoor Retailer Show in Salt Lake City. The study will quantify the economic contribution of active outdoor recreation to the U.S. economy. The purpos
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