Bushnell Outdoor Products was sold from one private equity firm to another last week as MidOcean Partners acquired the optical and outdoor products firm from Wind Point Partners. Terms of the deal were not disclosed, but local papers reported the total e
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Possible Port Strike Could Stymie Holiday Deliveries…
The Ports of Long Beach and Los Angeles currently face a strike that could send ripples throughout the sporting goods industry, causing late deliveries of fall and back-to-school product. The International Longshore and Warehouse Union threatened to hono
VF Corp. Q2 Earnings Growth Hurt by Majestic Deal and Intimates Sale…
While VF Corporation saw strong top-line growth in the Outdoor and Sportswear Coalitions as well as some acquisition-aided growth in Imagewear, the gains did not translate into bottom-line growth for the second quarter due to the divestiture of the Intima
Oakley Sees Double-Digit Growth in Q2…
Oakley, Inc. reported double-digit sales gains pretty much anyway you slice the data during the second quarter, following up on a strong start to the year and, no doubt, making new expectant parent Luxottica Group quite happy. The 29.3% top-line growth f
Orange 21 Looks to Acquire No Fear Retail Stores…
The Orange 21 Inc. board of directors is reportedly conducting preliminary discussions with No Fear Inc. regarding a possible strategic transaction involving the acquisition of No Fear Retail Stores, Inc., a subsidiary of No Fear. NFRS currently operates
Play It Again Parent Sees Merchandise Sales Jump in Q2…
Winmark Corporation, parent company to Play It Again Sports, recorded a 20.6% increase in net revenues for the second quarter to $7.6 million. Merchandise sales revenues increased 51.1% for the quarter to $1.2 million, while franchise fee revenues decreas
Nautilus Takes Hit from Weaker Retail Business…
Nautilus, Inc. tripped over its own Treadclimber in the second quarter as the only thing keeping the company out of the red on the bottom line was a settlement that went its way. That litigation settlement came from an intellectual property case involving
World Cup Comps Hassle JJB Sports in H1…
British sporting goods retailer JJB Sports plc reported declines in both net sales and comparable store sales for the fiscal first half ending July 15, 2007, due primarily to tough comparisons against last year’s FIFA World Cup. For the first half, net r
Cybex Unveils New Minnesota Manufacturing Plant…
Cybex International, Inc. has opened a new, $15 million, 340,000 square foot eco-friendly manufacturing facility in Owatonna, Minn. This facility is expected to serve projected growth and to generate significant manufacturing efficiencies over time. The
Rebel Sport NZ Parent Expects H1 Income Slide…
Rebel Sport in New Zealand’s parent company, Briscoe Group, is having a tough first half, reporting that H1 net income will be “up to 15% lower” than the NZ$12.0 million ($7.6 mm) recorded in the year-ago period…
Delta Apparel to Close Plant, Cut Jobs…
Delta Apparel Inc., parent to M.J. Soffe, plans to close an Alabama plant, cut 110 jobs, and take restructuring charges as it moves some manufacturing to Honduras. As a result, Delta slashed its Q4 earnings outlook. The company predicts earnings of betw
Crocs Inks MLB Licensing Deal
Crocs, Inc. has reached an agreement with Major League Baseball Properties that allows Crocs to license the names and logos for all 30 Major League Baseball teams and related properties with worldwide distribution rights. The products include a primary te
NRF: Back-to-School Footwear Sales to Jump 10%
This Back-to-School season will top the $18 billion mark, according to the National Retail Federation’s 2007 Consumer Intentions and Actions Back-to-School survey, conducted by BIGresearch. In fact, sales should amount to $18.4 billion according to the re
Weak Marine Sales Causes Brunswick to Lower Guidance…
Brunswick Corp. has lowered its guidance for the fiscal year to a range of $1.20 to $1.35 per diluted share from continuing operations due to lower production of marine products in the second half of 2007 as a result of continued weakness in retail market
Garmin Acquires Another International Distributor…
Garmin Ltd. plans to acquire Electronica Trepat S.A., the company’s principal distributor in Spain. The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial
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