Aquamarine Capital Management LLC, a shareholder of Everlast Worldwide Inc., asked the boxing equipment maker to reconsider a buyout offer from New York-based Hidary Group. Aquamarine said Everlast's refusal to negotiate with Hidary may represent a b
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Confluence and Johnson Outdoors Settle Lawsuit…
Johnson Outdoors Inc. has reached a settlement agreement with Confluence Holdings Corp. that will end a long-standing intellectual property dispute between the two companies. While the terms of the agreement are confidential, the settlement does not const
Wolverine World Wide Sees Another Strong Performance from Outdoor Group…
Wolverine World Wide continues to rely on its Outdoor Group and its licensing business in its Heritage Brands Group for the majority of quarterly revenue gains while the Bates military business is showing more weakness in the face of slow government order
adidas CEO Anticipates Record Year in 2008…
In an interview with German daily newspaper, Die Welt, adidas’ chief executive, Herbert Hainer, commented that the rumors of a takeover by Nike are completely unfounded. 2008 “will be a record year,” according to Hainer as soccer revenue alone should exce
Easton-Bell Names D’Onofrio as COO
Easton-Bell Sports, Inc. has named Anthony (Tony) D’Onofrio as COO, effective immediately. In this newly created position, D’Onofrio will be responsible for global operations, including supply chain, sourcing, distribution, manufacturing and planning for
Pacific Outdoor Equipment Names U.S. Sales Director
Pacific Outdoor Equipment has hired John Campbell as U.S. Sales Director. Campbell will be joining the Bozeman, Montana based company immediately and will work directly with Pacific Outdoor’s sales reps and dealers…
Nautilus Sees Settlement Keep Q2 Out of the Red
Nautilus, Inc. reported a 15% decrease in net sales for the second quarter to $117.1 million from $137.6 million last year. Net income for the quarter was $1.1 million, or 4 cents per share, down 35.3% compared to $1.7 million or 5 cents per share for the
Sports Direct buys U.K. Retailer, Field and Trek
Sports Direct has acquired a 60% interest in U.K. outdoor clothing and equipment retailer Field & Trek for £5 million ($10 mm.) The U.K. sporting goods chain also has an option to acquire the remaining 40% in the next five years for an additional £5 milli
SIMA Reports Surf Industry Sees Double-Digit Growth…
According to the Surf Industry Manufacturers Association (SIMA), the surf industry grew in the mid-teens since 2004. In a third-party research study commissioned by SIMA, Retail Distribution Study, the surf industry grew 14.5% in 2006 to $7.48 billion fro
NSGA: Used Equipment Sales Top $1 Billion…
Consumers purchased $1.01 billion in used sporting goods equipment in 2006, according to a newly released report by the National Sporting Goods Association. For 2005, consumers indicated they had purchased almost $885 million in used sports equipment. Use
Jansport President Corvino Killed in Car Accident…
Michael Corvino, president of JanSport, was killed Saturday in a car accident. Corvino, who was 46 years old, died when he lost control of the 1970 Dodge Charger he was driving, veering off the road and hitting a tree, according to a California Highway P
June Sport Footwear Sales Growth Accelerates on Promotional Increases…
The month of June presented a mixed bag of results for the sporting goods and athletic footwear and apparel markets as retailers in the mall turned up the heat on the promotional fire in footwear and apparel to drive growth towards the back end of the mon
RECALL: Sport Maska Goalie Masks
Sport Maska Inc., the hockey equipment unit of Adidas AG, recalled 1,325 facemasks in the U.S. and Canada because they failed quality-control tests. Sport Maska said it hasn't received any reports of injuries from the FM5K masks, which were sold in M
John Connolly Comes Out of Bozeman with a New Footwear Brand…
While the outdoor industry has seen more than its fair share of strong footwear start-ups over the last few years, many footwear veterans feel there is still room for more. This year, Obôz will be the next new footwear line to launch in the aisles of OR
EORA Shifts Show Dates…
Eastern Outdoor Reps Association will be moving their Hartford, CT show serving the Mid-Atlantic and Northeast market from August to July in 2008. The EORA is also presently investigating a site for a post Labor Day on-water paddlesports event. Historical
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