TheDeal.com is reporting that both Marmot Mountain Ltd. and Spyder Active Sports are shopping for new owners. J.P. Morgan Chase and Co. has reportedly been retained by Marmot’s management to solicit potential buyers, while Spyder has retained the joint s
Author: SGB Media
Pacific Cycles Fitting in Nicely at Dorel; Posts 50% of Company Sales Gain…
Total revenues at Dorel for the first quarter of 2004 were up 41.5% to $391.8 million, compared to $276.9 million. Net earnings for the quarter were $19.6 million or 60 cents per share, compared to 19.2 million or 60 cents per share for the first quarter
Rocky Gets Military Lift; Swings to Q1 Profit for First Time in Six Years…
Rocky Shoes and Boots first quarter sales reached a new high this year, jumping 59.1% from $13.8 million last year to 21.9 million this year. Gross margins improved by 50 basis points, from 25.2% last year to 25.7% for Q1 2004. SG&A expenses were $5.3 mil
Amer Group Sees Breakout Quarter…
Amer Group had a breakout quarter in Q1, with currency-neutral sales increasing across all divisions with the exception of Suunto. The divestiture during the quarter of the Tobacco business dropped some additional benefit to the bottom line and now posit
Everlast Q1 Revenues Climb 16%
Everlast Worldwide reported net sales were $14.1 million, representing an increase 14% over 2003. Net licensing revenues increased 26% to $2.1 million. Combined, net revenues were $16.2 million an increase of 16%, or $2.2 million over the 2003. For the qu
Jetboil Wins ‘Gear of the Year’ Award
Jetboil Inc has received Outside magazine’s “Gear of the Year” award. In the magazine’s 2004 annual Buyer’s Guide, Jetboil is applauded for its convenience, speed, and efficiency, bringing liquid to a boil in about one minute…
Cloudveil Honored with International Advertising Awards
Cloudveil was recently honored by the Summit Creative Awards® and The Communicator Awards for its Fall ’03 consumer catalog and advertising campaigns. Cloudveil’s Fall ’03 “Soul Focus” advertising campaign garnered silver medal honors from the Summit Crea
Five Ten Restructures EU Managment Team
Five Ten has completed restructuring its management team in Europe. John Connelly, International Sales Manager for the brand, has named Bastiaan Wauters as Five Ten’s new Sales and Sponsorship Coordinator for Europe. Also tapped for the Five Ten Europe m
OIF Sponsors ‘Get Fit with US’ Event
Outdoor Industry Foundation is the lead sponsor of the first Get Fit With US event to take place in St. Paul, Minnesota on June 5, 2004. The event, which coincides with National Trails Day, will launch an initiative developed by federal agencies t
SNL Adds Boeckermann as Newest Account Exec.
SNL Communications has hired Dawn Boeckermann as the company’s newest Account Executive. Boeckermann’s primary focus will be on the action sports market, developing new business and working with existing clients to build and execute strategic public relat
Indigo Expands Sales Force
Indigo Equipment has hired three new sales representatives to cover the Rockies and Midwest territories for the growing Indigo brand, the company announced this week. Steve Srednick and Bobbi Bensman will represent Indigo in the Rockies, and Bill Gange wi
Ritchey Hires New Retail Sales Manager
Ritchey has hired Pat Smith as Retail Sales Manager to manage its independent sales force that serves direct sales to retailers. Ritchey sales have increased at a rapid rate, chiefly due to Break-Away Bike sales and multiple product releases in the past 7
Collegiate Pacific Revises Q3 Guidance
Collegiate Pacific stated that operating income for the Quarter ending March 31, 2004 is expected to “Materially exceed” previous estimates of $1 million. The company said it is seeing signs of strong operating leverage as it moves into the second half of
Reebok Completes Offering
Reebok International has completed its offering of $350 million of 2.0% Convertible Debentures due 2024, which includes the exercise by the initial purchasers of their option to purchase an additional $50 million aggregate original principal amount of deb
SIA Wins Two SNAP Awards
The SIA was recently awarded two bronze awards from the Society of National Association of Publications (SNAP) for collateral pieces promoting the 2004 SIA SnowSports Show. SIA received these accolades in the multi-piece campaign and single piece categori
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