Garmin Ltd. denied reports that it has made a counter bid to acquire Lowrance Electronics after Simrad Yachting's announced tender offer last month…
Author: SGB Media
Mountain Hardwear Names New Director of Operations
B. James Bottoms has been named to the new position of Director of Operations at Mountain Hardwear Inc. Bottoms will execute the strategic and tactical operational plans for Mountain Hardwear. He will oversee the functional areas of customer service, fore
adidas Closes Reebok Deal; Fireman Officially Steps Down
adidas-Salomon AG has closed its acquisition of Reebok International Ltd. providing the new adidas Group with a footprint of around €9.5 billion ($11.8 billion) in the global athletic footwear, apparel and hardware markets. Herbert Hainer is Chairman and
Luxottica Improves Fourth Quarter Top and Bottom Line
Luxottica Group S.p.A. consolidated U.S. GAAP results for the fourth quarter and fiscal year ended December 31, 2005 included consolidated sales of €1,118.8 million (+18.0%). Retail sales were €849.6 million (+15.3%); Retail comparable store sales increas
Stan Mavis Joins Sugoi as President
Stan Mavis will be named President of Sugoi Performance Apparel; a wholly owned subsidiary of Cannondale Bicycle Company. Mavis co-founded Pearl Izumi in the USA and held the titles of president and chairman for 12 years. Most recently he was the SVP of
Doc desRoches Awards Granted
The U.S. Ski Team and U.S. Snowboarding, together with SnowSports Industries America, have recognized the Team’s entire supplier pool with the Doc desRoches Award. The annual award was presented Wednesday (Jan. 25) Wednesday at the SIA.06 Snowsports Trade
BDE Receives Multiple Awards for AvaLung and Fritschi
Black Diamond Equipment Ltd received multiple accolades
for its new AvaLung Ski Packs and the Fritschi Freeride Plus alpine touring ski binding.Specifically, the Black Diamond Anarchist AvaLung Ski Pack and the Fritschi
Freeride Plus won the 2006 European
Markley Retires from SmartWool
SmartWool announced today that Jim Markley is retiring as of Director of Sales after ten years with the company. Markley’s retirement is effective March 31, 2006. He will continue to work though the spring trade shows, after which the SmartWool sales off
Columbia Acquires Montrail for $15 Million
Columbia Sportswear has acquired substantially all of the assets of Montrail, Inc. for cash consideration of $15 million plus the assumption of certain liabilities. The deal was advised by Silversteep Partners, a financial advisory and consulting firm spe
Karhu Wins Jackson Rental Contract
Karhu recently won the Jackson Ski Touring Foundation ’s highly selective rental contract. After a methodical equipment test, Karhu’s Snowblaze Fitness Touring ski package won the contract…
Probar Promotes Lambert to President
Probar's General Manager, Jules Lambert, has been named the new president of the company, effective immediately. Lambert, who has a background in international business and design, was also instrumental in the development of Probar’s new production e
Kellwood Sales Expected to Slip in 2006; American Recreation Continues Growth
Kellwood Company introduced first quarter and fiscal 2006 net sales and earnings guidance. Net sales from ongoing operations in fiscal year 2006 are expected to approximate $2.0 billion, versus $2.07 billion from ongoing operations forecasted for fiscal y
G3 Wins ispo Outdoor Award
At the ispo On Snow Preview in Garmisch-Partenkirchen, the G3 TARGA Ascent was awarded the prestigious ‘ispo Outdoor Award’ for best outdoor innovation in the Hardware Category of the Winter 2006-07…
Necky Sponsors Ocean 8 Kayak Expeditions
Necky kayaks is sponsoring the Oceans 8 kayak expedition. A long-term project aimed at examining the state of the world’s oceans and the lives of the people who depend on them, the next leg of the Oceans 8 journey begins in Tasmania, Australia this Febru
Fischer Inks New Deal with Rottefella
Rottefella, the Norwegian ski bindings manufacturer, inked a new contract with Fischer, and in the process secured a leading worldwide market position in the cross country and back country segment. Prior to the contract with Fischer, Rottefella represente