NSGA’s recent study, “The Sporting Goods Market in 2005,” found that females are significant purchasers in many important footwear and equipment categories. In 2004, females purchased 54% of the $14.8 billion of athletic footwear sold at retail. Specifica
Author: SGB Media
Gander Taps Home Depot Veteran for Merchandising EVP
Richard Vazquez is joining Gander Mountain as executive vice president of merchandising. Vazquez has served in various positions at Home Depot since 1994, most recently as vice president, merchandising and marketing, Mexico Division, where he oversaw all
Gander Closes $20 million Note Placement
Gander Mountain completed a private placement of $20.0 million of floating rate convertible subordinated notes with David C. Pratt, a private investor. Pratt also owns 1.4 million shares of Gander Mountain Company common stock…
Gander Mountain Net Loss Doubles on 4.2% Comp Sales Decline
Gander Mountain, second quarter fiscal 2005 sales increased to $173.6 million, an increase of 35.5% over the second quarter of fiscal 2004. Comparable store sales decreased 4.2% after an increase of 1.8% in the second quarter of fiscal 2004. The net loss
American Hiking Society National Trails Fund Applications Under Way
American Hiking Society is currently accepting applications for the 2006 National Trails Fund. The National Trails Fund is the country's only privately funded grants program providing financial assistance to grassroots organizations working toward es
John Pagotto Leads Buy-out of TPS Hockey
TPS Hockey and its parent company Hillerich & Bradsby Co., of Louisville, Kentucky have signed a Letter of Intent to sell majority interest in their global hockey operation to TPS Sports Group Inc., a Canadian Company, lead by industry veteran John Pagott
Dick’s Q2 Comps Increase 0.5%; Cuts Fiscal Year Guidance
Dick's Sporting Goods net income for the second quarter ended July 30, 2005, excluding merger integration and store closing costs and gain on sale of investment, was $24.2 million, or 45 cents per share, as compared to GAAP net income and earnings pe
Giannulli Withdraws Mossimo Bid
Mossimo Giannulli, founder, Chairman of the Board and Co-Chief Executive Officer of Mossimo, is withdrawing his proposal to acquire all outstanding shares of the Company not owned by him at $4.00 per share. Giannulli said that while he remains interested
prAna Launches New Wind Power Initiative for 100 Retailers
In a move that underscores the company's commitment to being part of the solution, prAna announces the prAna Natural Power Initiative, which will provide renewable wind energy to 100 of its retailers across the nation. PrAna's wind power
Craft Distributor Brings Karhu Running Shoes to N.A.
At the 1952 Olympics in Helsinki, Finland, Karhu running shoes were on the feet of many top competitors. In honor of the brands glorious past, just prior to the recently completed World Track and Field Championship in Helsinki, Karhu announced an innovati
Ritchey Expands Kahl and Partners Sales Role
Ritchey inked an agreement with Midwest rep group Kahl & Partners to significantly increase their representation in the U.S. Kahl & Partner’s main office and showroom is in Denver, Colorado, from which they cover territories that include: Texas, Louisiana
Patagonia Launches Cradle-toCradle Polyester Recycling Program
Patagonia partnered with Teijin to launch the Common Threads Recycling Program at Outdoor Retailer Summer Market. This program asks Patagonia customers to return their worn-out Capilene baselayers to be recycled into new garments. Worn-out Capilene basela
OIA Elects New Board Members
Frank Hugelmeyer, President of Outdoor Industry Association (OIA), announced the results of the 2005 Board of Directors Elections. As a member driven organization, it is vital that the members of OIA Board of Directors accurately represent the association
Ritchey Recalls Rear Wheels
Ritchey Design is recalling roughly 2,000 WCS – Protocol, Carbon, DS, DS Aero, and Girder rear wheels manufactured under license from American Classic Inc. because the hub in the bicycle's rear wheel can fail to engage properly, causing no resistance
Lowa Brings New Sandals and Boots to Outdoor Retailer
From the ATC, All Terrain, Series comes the new midcut Kirano GTX and the Kody GTX in both mid and low cut, all available in specially lasted men’s and women’s versions. From the Trekking Sandal Collection, the new Centurio in both men’s and women’s. From
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