Sears Holdings Corporation is proposing to acquire all of the outstanding common shares of Sears Canada Inc., for C$16.86 per common share in cash, after the distribution to shareholders of the C$18.64 per share distribution announced last Friday by the B
Author: SGB Media
Specialized Wins FSR Patent Case
After a year and a half of arbitration and courtroom battles, Specialized has successfully defended its FSR suspension system. Under the terms of a recently reached agreement, Scott USA admits that its existing Genius bicycle suspension design infringes o
Dick’s Hires Gwen Manto as EVP and CMO
Gwen Manto will join Dick's Sporting Goods as Executive Vice President & Chief Merchandising Officer. Ms. Manto will be responsible for all areas of merchandising as well as private label sourcing, merchandising planning, replenishment and allocation
Reebok Inks Sponsorship Deal with Daddy Yankee
Reebok and Latin music recording artist Daddy Yankee have formed a multi-year partnership that includes a signature collection of athletic footwear, apparel and accessories called DY. Regarded as one of the most respected and influential reggaeton artists
Volcom Shareholders Price Secondary Offering
Volcom has priced an underwritten secondary public offering of 5 million shares of its common stock by certain selling stockholders at a public offering price of $34.00 per share. The underwriters of the offering have a 30-day option to purchase up to an
Pratt Elected as Vice Chairman at Gander Mtn.
Gander Mountain Company's board of directors has elected David C. Pratt to fill the newly created position of vice chairman of the board. Pratt, the former chairman, president and CEO of United Industries, has been a director of Gander Mountain since
New Snow Records Set at Vail Resorts
Vail Mountain surpassed its all-time historical cumulative snowfall record with year-to-date snowfall of 141 inches, or nearly 12 feet of snow. The prior record of 140 inches was set during the 1985-1986 winter season. In November alone, nearly 84 inches
Forzani Renovations Pay off; Q3 Corporate Comps Climb 3.2%
The Forzani Group Ltd. reported retail system sales for the third quarter were $307.6 million, an increase of $50.2 million, or 19.5% from $257.4 million. Total Revenue, consisting of corporate store sales, wholesale sales, service income, equipment renta
Sport Chek and Columbia Join Forces to Help ‘The Power of Sport for Kids Program’
Sport Chek, a corporate banner of The Forzani Group, announced that long time major supplier Columbia Sportswear Company partners with The Power of Sport for Kids Program. Sport Chek, through The Forzani Group Foundation presents this program in partne
Kellwood Sees Sales Decline 12.5% in Q3
Kellwood Company Sales from continuing operations for the third quarter decreased 12.5% to $587 million, as compared to $671 million last year. Net earnings for the third quarter were $16.2 million or $0.60 per diluted share. The “other soft goods” divisi
Columbia Becomes Sponsor of Jeep’s ‘King of the Mountain Series’
Columbia Sportswear Company will return as the official apparel sponsor of the 2005-2006 Jeep King of the Mountain Series. Described as “the richest and most prestigious professional snow racing series in the world,” the Jeep King of the Mountain Series b
SRAM Hires Schutt to Handle MTB PR
With tremendous growth in nearly every product category, SRAM has now established two PR positions in separating MTB and Road. SRAM’s new MTB PR Manager is Eric Schutt, who will make the transition from Marketing Events Coordinator in early December. Schu
Peak Resorts Takes Over Operation of Jack Frost and Big Boulder
Blue Ridge Real Estate Company and Big Boulder Corporation have entered into a long term agreement with Peak Resorts whereby Peak Resorts will operate Jack Frost Mountain and Big Boulder ski areas…
Cabela’s to Open First Chicago Store
Cabela's Incorporated expects to open a Hoffman Estates retail showroom as early as summer of 2007. The Hoffman Estates retail store would be Cabela's first store in Chicago and first in the state of Illinois…
Moonstone Hires New Brand President
Noted outdoor apparel brand Moonstone Mountain Equipment announced the appointment of Brent Bishop as president of the Moonstone brand. Bishop, no stranger to Moonstone, has led Moonstone’s product design board since 2001 and has provided strategic marke
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