Oakley, Inc. has signed a definitive agreement to acquire all of the outstanding stock of privately held OSA Holding, Inc. and its wholly owned subsidiary, The Optical Shop of Aspen (OSA). Specific terms of the agreement were not disclosed. The company ex
Author: SGB Media
Sew Cal Logo Completes Second Funding Phase
Sew Cal Logo, Inc., a Southern California based film wardrobe, hat and surf wear manufacturing company, has completed the first two rounds of a 3 phase funding which, when completed, will provide the Company with a principal amount of $2,000,000 in workin
Backpacker Magazine Announces Editors’ Choice Awards
Fifteen innovative outdoor products have been selected by the editors of Backpacker magazine as 2006 recipients of the 13th annual Backpacker Editors' Choice Awards, the most prestigious honor in the outdoor product industry.
The Backpacker Editors&
Rosalee Hermens Appointed VP and CIO of Timberland
The Timberland Company appointed Rosalee Hermens as Vice President and Chief Information Officer. In this role, Rosalee will be responsible for development and execution of Timberland’s global information systems and strategies.
Nautilus Restates 2005 Q4 and Year
Nautilus, Inc. filed a report with the SEC stating that the company will report adjustments to the preliminary Q4 and full year 2005 results, previously reported on February 2, 2006. In addition, the Company will report two material weaknesses in its inte
L.L. Bean Sales Increase 4% in 2005
L.L.Bean announced its fiscal 2005 sales results as well as its intention to pay performance bonuses to employees. For the 2005 fiscal year ending February 26, 2006, L.L.Bean reported record annual net sales of $1.47 billion, a 4% increase over 2004. The
TNF Opens Urban Flagship Store in Rome
The North Face opened its first Italian urban flagship retail store at Via Delle Convertite 22/23 in the heart of historic Rome. The opening marks the Company’s twelfth retail store in Europe and its first urban location in Italy. The North Face also has
Marmot Tent Wins Backpacker Editor’s Choice
Backpacker Magazine announced that the Marmot Aeolos 2
person tent received its 2006 Editors Choice Award for the tent category for “outstanding innovation in design, materials and performance.” Recognized as one of the most prestigious awards in the outd
Sears Holdings Makes Progress in Sears Canada Offer
Sears Holdings Corporation has received notice that five of the eight senior officers of Sears Canada Inc. intend to either accept the Sears Holdings' offer and tender all of the common shares held by them to the offer or sell the shares into the mar
JJB Inks 10-Year License with Rangers Soccer Team
JJB Sports plc has signed a ten-year licensing agreement
with Rangers Football Club. Under the terms of the licence, JJB will design, develop, source and retail all Rangers merchandise throughout its substantial network of 439 stores within the UK. This w
Vail Resorts Fiscal Q2 Shows Top and Bottom Line Improvement
Vail Resorts, Inc. Mountain revenue for the second quarter of fiscal 2006 was $246.2 million, a 15.0% increase from $214.2 million last year. Mountain expense increased $17.8 million, or 13.4%, to $150.7 million. Total revenue grew $23.4 million, or 8.8%,
Ashworth Extends Deal with Ryder Cup
Ashworth, Inc. has signed an agreement with Ryder Cup Ltd. to become the Lead Vendor, as well as Official Licensee, at the September 2006 Ryder Cup to be held at the K Club in Ireland. This agreement extends the 14-year relationship between Ashworth, the
SIA: Chain SnowSports Sales Climb 10% Season-to-Date
Overall sales for the entire winter sport market, including specialty and chain stores, were up 9% in dollars to $1.8 billion for the August 2005 through January 2006 period, compared to $1.7 billion reported last year, according to the SnowSports Industr
SIA: Specialty SnowSports Retail Sales Climb 8% for Season
High sell-throughs are pointing to strong season-to-date sales and prudent buying by specialty retailers. According to the SIA Retail Audit, alpine skis, integrated systems, snowboards and vests, specifically, are looking at tight inventories through th
Laderman Honored by USFWS for Conservation Efforts
On March 9, Johanna Laderman, director, FishAmerica Foundation, the conservation and research arm of the American Sportfishing Association, was honored by the U.S. Fish and Wildlife Service for her commitment to conserving and protecting America’s valuabl
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