Yue Yuen is moving beyond footwear and apparel and into bags and accessories. The Taiwan based manufacturer has acquired a 30% stake in Prosperous Industrial Holdings Limited, an OEM/ODM manufacturer of sports bags, luggage, golf bags, hand bags and trave
Author: SGB Media
Umbro IPO Float Lives Up to Lowered Expectations After Offer Price Cut…
The Umbro Holdings IPO in London hit a bit of a snag this week after the company was forced to back off its initial expectations of a offer price in the £1.50 – £1.90 ($2.72-$3.45) range to a more realistic offering at £1.00 ($1.81). Investors and analys
Cabela’s Keeps the Momentum Going…
Cabela’s continues to see its Retail business capture a larger part of its fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mounta
Outlast Acquires Frisby Assets; Litigation Continues…
After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…
New TSA Getting Closer to the Gart Model…
Doug Morton, vice chairman and CEO of The Sports Authority, will temporarily assume the chief merchant role as the retailer looks for a replacement for Elliott Kerbis after the president and chief merchant resigned last week. Morton pointed to five “very
Cabela’s Keeps the Momentum Going…
Cabela’s continues to see its Retail business capture a larger part of a fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mountain
Outlast Acquires Frisby Assets; Litigation Continues…
After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…
Currency FX Rates Limit Rossignol’s Full Year Sales…
Rossignol closed the books on the company’s 2004 fiscal year, which ended in March, reporting a 1.1% decline in sales when measured in Euros, down from €484.9 million ($482.0 mm) in 2003 to €479.4 million ($563.7 mm) for the past year. With over half of i
Deckers Uses Stock Sales to Clean Up Balance Sheet; Pays Off Thatcher Early…
Deckers Corp. has completed the sale of 1.5 million company shares for net proceeds of $35.2 million, and has used the proceeds to substantially eliminate company debt. Deckers paid in full its $7 million subordinated note issued to the Peninsula Fund, an
TEA Bill Makes Some Progress…
America Bikes is reporting that the transportation bill reauthorization process is on a roll again after sitting still for weeks. BOSS reported last month (BOSS_0413 & 0414) that the TEA bill safely passed through the House and Senate, but faced a threat
Yue Yuen Closer to Providing One-Stop-Shopping for Vendors…
Yue Yuen is moving beyond footwear and apparel and into bags and accessories. The Taiwan based manufacturer has acquired a 30% stake in Prosperous Industrial Holdings Limited, an OEM/ODM manufacturer of sports bags, luggage, golf bags, hand bags and trave
Sport Chalet Gets Comfy Up North…
Sport Chalet pointed to “more seasonable” winter weather at the resorts frequented by their customers as well as an “improved economic climate” for a strong fourth quarter that finished off a turnaround year for the 31 store chain based outside Los Angele
Raleigh Hires New Product Manager
Raleigh America has named Dan Nall to the position of senior product manager in order to drive further development in Raleigh’s parts and accessories division. Nall worked the previous six years with Bell Sports, spent a decade with Specialized and former
VF Completes Green Sport Acquisition
VF Corporation has completed its acquisition of Green Sport Monte Bianco S.p.A., which designs and markets premium casual outdoor apparel under the Napapijri(R) brand. Green Sport, which generated sales of $76 million in 2003, is expected to contribute ap
Leki Bets on Nordic Walking
LEKI has recently completed a program to certify and train its sales staff and retailers as basic Nordic Walking trainers. LEKI now has the only Nordic Walking certified sales staff in North America. Retailers currently authorized as LEKI Nordic Walking C