REI plans to open its first store in Greensboro, N.C., at The Shops at Friendly Center in the fall of 2006. The 24,000 square-foot store will employ about 55 full- and part-time staff…
Author: SGB Media
SIA and REI Host ‘Winter Feels Good’ Event
SIA is working with REI stores in Northern Virginia and Maryland to host the Winter Feels Good Pavilion and Snowshoe Park that will be a interactive feature of the National Ski and Snowboard Expo this weekend – November 11-13, 2005 – at the Dulles Expo Ce
Veltec Taps Specialized Veteran for New Sales Staff
As part of its stated goal of bringing top management talent to the company, Veltec Sports announced that industry veteran Shara Christensen has left Specialized to manage Veltec’s growing sales staff for North America. She will report to Veltec Managing
Mountain Hardwear launches Updated Website in New Marketing Push
Mountain Hardwear has launched an improved website, which is designed to be far easier to navigate and more helpful to consumers to educate themselves about the company. The web site was launched earlier this fall and, according to MTH, early customer rev
Scott USA Hires Bremer as New Mid-Atlantic Rep
With snow flying from coast to coast, Scott USA took a step to increase business by hiring Chris Bremer as its head Mid-Atlantic sales representative. Chris will be responsible for all Scott product lines; goggles, gloves, apparel, ski poles, beanies, h
Third Party Backs Out of Mossimo Bid
In October, Mossimo Acquisition Corp. deferred their planned tender offer for the outstanding shares of the Company's common stock to allow Mr. Giannulli and the Special Committee to consider an unsolicited proposal received from a third party indica
SIA: Ski and Snowboard Pants and Jackets Excluded from 2006 Quotas
The United States and China announced an agreement today to limit imports of certain apparel products from China over the next three years. The agreement explicitly excludes ski and snowboard pants from any import restrictions. It also places no limits on
Bloomberg: EU Retail Sales Rise but Demand Still Weak
The October Bloomberg Eurozone Retail Purchasing Managers' Index, a monthly survey indicating economic conditions in the Eurozone retail sector, indicates that month-on-month sales at Eurozone retailers rose marginally in October. The latest growth o
Feehan Replaced as Confluence CEO
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
Intrawest Sees Fiscal First Quarter Return to Profitability
Intrawest Corporation, for the first quarter of 2006, reported total revenue of $301.8 million, an increase of 47%. Net income increased significantly to $9.2 million, resulting in diluted earnings per share of $0.19. Total Company EBITDA more than triple
prAna Acquisition Puts Claiborne in Outdoor…
In 1993, after gaining brand building experience by launching Spy Optics – which is now a public company of its own – Beaver Theodosakis started a new apparel company with his wife, Pam, and business partner, Demian Kloer. The group named the company aft
Pearl Izumi Delivers Upside to Nautilus Q3; Channel Shift Hurts Margins…
Nautilus Inc. saw a boost from three out of four distribution channels during the third quarter as well as the acquisition of Pearl Izumi and subsequent formation of the Nautilus Apparel Group. But the gains were partially offset by chaotic consumer spen
Blacks Leisure Sees Profit Jump in Outdoor Business…
Blacks Leisure Group reported total group sales for the company’s first half ended August 31, 2005 inched up 1.1% to £140.0 million ($257.3 mm) from £138.6 million ($252.2 mm) for the first half of 2004. The retail group raised its margins 390 basis poin
Royal Robbins Maintains Double-Digit Growth…
Phoenix Footwear experienced a slow third quarter because of cancelled orders from one of their key footwear accounts and lagging military orders in their Altama division. The two bright spots for the company were Royal Robbins, which remains one of the m
LaCrosse Q3 Top-Line Hurt by Lack of GSA Orders; Taxes Take a Chunk Out of Bottom Line…
LaCrosse Footwear third quarter sales fell 10.1% to $31.0 million, compared to $34.5 million in the third quarter of 2004. Sales last year included $2.8 million from General Services Administration delivery orders for uniform boots and $1.6 million from
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