Salomon president Jean-Luc Diard said during his presentation last week that his division, which includes Mavic in Cycling, Arc’teryx in Outdoor, Bonfire in Snowboard and Cliché as their European Skateboard line, saw sales “pretty much” double since 1997.
Author: SGB Media
With a Little Help From My Friends…
The on again, off again saga of the Malden Mills bankruptcy appears to be winding down this week, with a new exit date set for the middle of the month. Company chairman Aaron Feuerstein has another window of opportunity to close on a deal that will enable
It Pays to be Flexible These Days…
Deuter has only been around in the U.S. for a little over two years, but they have been giving many entrenched pack companies a run for their money. This may be because Deuter has been around for so long in Europe, and they have built in production effici
Some Sinister Plans in Store for Bike Maker…
Sonnax Industries, an automobile parts manufacturer, has purchased Sinister Bikes. On the surface this may seem like a corporate buyout that could ruin the downhill bike manufacturer, but in reality it seems like Neil Joseph, the owner of Sonnax, will fi
Big Brother Makes The First Move
Just a few weeks after the Climbing Wall Association completed their formation, they face their first big challenge – government regulation…
INTERBIKE is THE Place To Be This Weekend…
The InterBike Tradeshow is shaping up to be a record-breaking event on just about every level. Preliminary attendance levels are the highest they have been since 1998 with 14,000 retailers from 3,300 bike shops pre-registered. The show has seen a 43% gro
Columbia and Jeep Join Forces
Columbia Sportswear Company and the Jeep are teaming up to offer the new limited-production “Columbia Edition” Jeep Grand Cherokee, Liberty and Wrangler. Available in both the United States and Canada, vehicles will begin arriving at dealerships this fall
adidas Sees Continued U.S. Weakness…
At the company’s Investor Day presentation last week, adidas-Salomon AG CFO Robin Stalker discussed the difficulties that the company is having in the critical U.S. market, revealing that North America full-year sales for 2003 are expected to come in belo
Tiger Goes Back to a Nike Driver…
Tiger Woods has changed drivers again, switching back to a new Nike driver after a two month stint with his old Titleist 975D model. The new Nike club will be the largest he has ever used in competition. Woods has been struggling with control off the te
Bauer Nike Hockey Cuts Canadian Workforce in Modernization Effort…
Bauer Nike Hockey Inc. is cutting over 320 jobs at Canadian production facilities, the result of a broad re-organization of the company that will see the closure of a hockey stick factory and a goalie equipment plant in Ontario, and downsizing the labor f
Phoenix Expands Stable in Royal Robbins Acquisition Deal…
Phoenix Footwear has signed an agreement to acquire Royal Robbins. The deal includes $6.5 million due at closing with an additional contingent purchase value of around $5 million based on a two-year earn-out formula. The initial payment will consist of $6
With a Little Help From My Friends…
The on again, off again saga of the Malden Mills bankruptcy appears to be winding down this week, with a new exit date set for the middle of the month. Company chairman Aaron Feuerstein has another window of opportunity to close on a deal that will enable
Wolverine Again Sees Merrell Lead Q3…
Wolverine World Wide said that Merrell continues to be its major growth driver, but company president and CEO Tim O’Donovan said it is also encouraging to see major contributions from the other footwear businesses…
DeFeet Uses Flashy Feet to Grow…
Textile Mills are slowly becoming a thing of the past in the U.S., particularly in the Carolinas, but one North Carolina company may have found the answer – innovate or die…
Rocky Knocks Out Military Deal…
Rocky Shoes & Boots is cashing in on an expanded defense budget with a $6.1 million deal to produce boots for the U.S. Military. The agreement is not cancelable and is accretive to earnings…