Confluence Holdings Corp. has signed a purchase agreement under which Confluence will acquire the water sports division's assets of WaterMark Paddlesports Inc. including WaterMark's paddlesports brands, the WaterMark name and WaterMark's a
Author: SGB Media
Watermark’s LandSports Division Renamed ‘Yakima Products’
Yakima has been renamed Yakima Products, the end result of the announcement that the holding company that owns Yakima (Arcapita) has sold the WaterMark boat division to Confluence Holdings Corp. Though Yakima will now focus its energies completely on the
Lafuma Buys 63.55% Stake in Oxbow
On May 12, the Lafuma group signed an agreement with Teahupoo, an investment funds subsidiary advised by Argos Soditic and acting on behalf of Oxbow's managers, to acquire the 63.55% stake in Oxbow held by the Teahuppo's key managers. The two p
CDTA Reognizes Corporate Donations
Since 1995, the Continental Divide Trail Alliance has played a central role toward the completion, management and protection of the Continental Divide Trail. In 2005, the Alliance celebrates a 10th Anniversary and forges on with the critical support of co
OIA Strengthens Its Stance on LWCF Elimination
Outdoor Industry Association expressed outrage at the House Appropriations Committee vote to eliminate funding for the Land and Water Conservation Fund (LWCF) in the proposed 2006 budget. Since LWCF was created by Congress 40 years ago, the landmark progr
SIA: Specialty SnowSports Sales Climb 1.5% for the Season
SnowSports sales at specialty shops were up 1.5% compared to last season to $1.74 billion in sales compared to $1.71 billion for the same period last season. Unit sales were down from last season 3.3%. Sales for the entire winter sport market, including s
SIA: Chain SnowSports Sales Climb 3.5% for the Season
Sales for the entire winter sport market, including specialty and chain stores, were up 1.9% in dollars to $2.25 billion for the August 2004 through March 2005 period, compared to $2.20 billion last year, according to the SIA Retail Audit. Unit sales wer
NBDA Takes a Look at U.S. Bike Dealers
A new national study of specialty bicycle retailers in the United States shows that on average NBDA-member stores are larger, more active in their communities, more marketing and tech savvy, more readily enlist educational services and support, and genera
Peregrine Inks Deal with Karhu and Line Skis for Warehousing and Fulfillment
Peregrine Distribution Services, a division of Williston, VT based Peregrine Outfitters has signed its newest client, Trak Sports USA, manufacturer's of Karhu and Line ski gear, based in Burlington, VT. According to Bob Olsen, President of PDS, they
Lotto Forms New North American Subsidiary
Lotto Sport Italia has inked a partnership with The DCS Group, LLC to create Lotto North America, LLC. David Schulte, Managing Partner of The DCS Group, will serve as CEO of Lotto North America, while the company confirmed as creative director Mr. Come Ch
Bell Sports: Americans Need Softer Saddles to Ride More
Americans are looking for a reason to get back on their bicycles, according to a new survey released by Bell Sports. While three-quarters of the 1,062 respondents ride less often now than in the past 10 years, 79% said they would ride more often if their
Sierra Magazine Takes Home a Maggie Award
Sierra magazine took home the award for the Best Special Theme Issue for a Consumer Publication for its March/April 2004 “Wild America” issue. Senior Editor Paul Rauber and Production Manager Chuck Baldwin were at the Western Publications Association'
Faytex Relocates Manufacturing to Guangdong, China
Faytex has relocated manufacturing facilities from Taiwan to the Guangdong province of China. Effective May 13th, all Faytex products will be in the hands of Tai Lee Textiles, Ltd. Faytex has a 27 year history of purveying fabric technology with customer
New Era Inks Licensing Deal with Hockey Hall of Fame
New Era Cap Co. has entered into an exclusive relationship with the Hockey Hall of Fame, located in Toronto, Ontario, Canada. The New Era and HHOF relationship engages New Era to be the exclusive licensee and supplier of the organizations’ headwear. The
SGMA Lobbies Congress with P.E.4Life
Children need P.E. to get fit. That was the basic message delivered by the membership of SGMA International to U. S. Senators and U. S. Congressmen in Washington, D.C. during the 5th Annual National P.E. Day. Two of the key meetings were held with the Spe