Angel Martinez will join Deckers Outdoor Corporation as the company's Chief Executive Officer and President effective April 11, 2005. He succeeds Douglas Otto, who will continue as Chairman of the Board of Directors and as an executive officer, focus
Author: SGB Media
Brown Shoe to Acquire Bennett Footwear
Brown Shoe Company has entered into a definitive agreement to acquire Boston-based Bennett Footwear Group for $205 million in cash. Bennett's owned and licensed footwear brands, which include Via Spiga, Franco Sarto, Etienne Aigner and Nickels Soft,
Kellwood Q4 Sales Increase 14%; Earnings Cut in Half
Kellwood Company reported fourth quarter sales increased $71 million, or 14% to $592 million, versus $521 million last year due to a combination of organic growth of $53 million, or 10%, and the acquisition of Phat Fashions and Phat Farm, which provided $
Mountainsmith Adds New Great Lakes Sales Agency
Michigan-based Active Pursuits sales agency has joined Mountainsmith as the new sales and marketing organization for the Great Lakes Region, including Michigan, Ohio, and Indiana. Active Pursuits is headed up by president, Mark Waddle, with the assistance
McCormack Joins Scott USA Sales Force after Tenure at Trek
Scott USA has hired Jason McCormack to the company’s bike group. McCormack will be the sales manager for the Arizona, Nevada, and Hawaii territory. McCormack started his cycling career working for Fair Wheel Bicycles while attending college at the Univers
Gander Mountain Sales Increase 30.3%; Comps Fall 5.4%
Gander Mountain fourth quarter sales increased 30.3% to $237.2 million, an increase of $55.2 million over the fourth quarter of fiscal 2003. Comparable store sales declined 5.4% after an increase of 12.2% in the fourth quarter of 2003 and 12.0% in the fou
RSN to Showcase SIA’05
RSN, Resort Television, attended the SnowSports Industries America show in Las Vegas in January to tape information on new skiing and snowboarding products and technologies will be available to consumers for the 2005/2006 ski season. That footage will beg
Outlast to Enter Indian Market
Outlast Technologies has appointed Mr. Raj Pillai as the Managing Director of the soon to be formed “Outlast Technologies, India”. Mr. Pillai has been overseeing the entry of Outlast Technologies, Inc., a global technology company, into the Indian sub-con
Prime Rate Investors to Acquire Skiershop Mountain Sports
Prime Rate Investors, Inc. signed a letter of intent to acquire Skiershop Mountain Sports, the Stowe, Vermont based retailer of skis, bikes, and outdoor gear and apparel. Its e-tail platform www.skiershop.com is featured as “Best of the Web” on Forbes.com
Vail Swings Back to Profits in Fiscal Q2
Vail Resorts' “Resort revenue,” the combination of mountain and lodging revenues, rose $17.4 million, or 7.3%, from $239.4 million to $256.8 million. Resort expense increased 5.2% from $164.9 million to $173.4 million, up $8.5 million. Total revenue
Mountain Khakis Announces Sales Team
Mountain Khakis has launched their North American sales team. The company stated that the team is made up of 14 enthusiastic industry leaders dedicated to meeting the needs of mountain lifestyle enthusiasts from coast to coast…
Quiksilver Sees 34% Revenue Increase; Income Jumps 55%
Quiksilver's net revenues for the first quarter of fiscal 2005 increased 34% to $342.9 million as compared to fiscal 2004 first quarter consolidated revenues of $256.1 million. Consolidated net income increased 55% to $14.2 million as compared to $9.
Smith Optics Brings in New Product Manager
Smith has brought on a new Sunglass Product Manager, Keith Achman. Achman will fill previous Sunglass Product Manager Eric Carlson's spot, as Carlson was promoted to the newly created position of Director of Product and Merchandising. Achman comes to
Dorel Sees Q4 Boost From Pacific Cycle and Schwinn’s Sting Ray
Dorel revenues for the fourth quarter rose to $462 million, up 42.7% from $323.7 million a year ago. Net income for the fourth quarter jumped 69.6% to $34.7 million from $20.5 million. Income per share for the final quarter was $1.05 fully diluted, compar
Kona Expands Bike Park Program
Kona Bicycle Company has expanded their 2005 “Groove Approved” bike park program to include 9 of the world’s leading mountain bike park resort destinations. Kona provides these parks with access to a fleet of downhill bikes for riders, several 'Stab
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