The Surf Industry Manufacturers Association unveiled the list of nominees for the fifth annual SIMA Image Awards. Nominated for the Company of the Year award are Billabong USA, Electric Visual, Quiksilver, Inc., Vans, and Volcom. Firewire Surfboards, Ins
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Foot Locker Goes Public with Genesco Acquisition Attempt…
Foot Locker, Inc. on Friday made public its recent attempts to acquire all of the outstanding stock of Genesco Inc. for $46 per share. In a letter sent April 19 to Hal Pennington, chairman, president and CEO of Genesco Inc., from Matthew Serra, chairman
Wolverine Worldwide Gets Another Solid Quarter from Outdoor; Lifts Guidance…
Tim O’Donovan last week conducted his last analyst conference call as the CEO of Wolverine World Wide, Inc. as Blake Krueger, company president and COO, assumed the reins as CEO under a succession plan previously approved by the company’s board of directo
Retailers Follow Vendor Lead With Strong Q4…
Though not quite keeping pace with industry vendor results, retailers tracked by Sports Executive Weekly had a terrific fourth quarter as the same ‘must haves’ that drove vendor gains drove consumers to the mall, the strip mall, and the Internet to do the
Sportcraft Snags Classic Sport…
Sportcraft, Ltd. has acquired Classic Sport Companies, Inc. in a merger of two privately-held sports games companies. Terms of the deal were not disclosed. Since being founded in 1994, Denver, Colo.-based Classic Sport has expanded from its original infla
Skechers to Re-file Asics Suit…
Skechers USA, Inc. will be re-filing its lawsuit against Asics Corporation and Asics America Corp. for trade libel, unfair competition and tortious interference with prospective economic advantage and economic business relations. The suit will be re-filed
Nautilus Signs India Health Center Supply Deal…
Nautilus, Inc. has been awarded an exclusive supply agreement with Talwalkars, one of India's largest chain of health centers. The exclusive partnership involves outfitting 20 health and fitness centers in 2007, with another 80 planned in major retai
Oakley Starts Year with Strong Organic Growth…
Oakley, Inc. recorded double-digit sales growth in the first quarter, pairing that gain with a triple-digit earnings jump. In addition, the company closed on its acquisition of Australian retailer Bright Eyes, and saw its renewed focus on optics fuel sal
Orange 21 Doubles Q4 Loss; Sales Climb 28%…
Orange 21 Inc. net sales for the fourth quarter of 2006 increased 28% to $11.4 million compared to $8.9 million in the fourth quarter of 2005. $1.7 million of the sales came from the company’s newly acquired manufacturing facility, LEM. Without the acquis
Sometimes It Pays to Have a Tiger on the Prowl…
Even though this year’s Master’s was won by ‘The Field,’ Nike still managed to come out on top in the battle for exposure, largely a result of Tiger being in the tournament up until the very end. Nike received the most brand exposure during the final roun
Callaway Golf on a Roll; Sees Q1 Revenue Up 10%…
Callaway Golf Company announced that it expects first quarter sales to increase approximately 10% to $330 million to $335 million, with a corresponding estimated increase of approximately 42% in earnings per diluted share that that should range from 46 ce
Four Industry Organizations Partner on Comprehensive New Participation Study…
Sporting Goods Manufacturers Association, National Golf Foundation, Snowsports Industries America and Outdoor Industry Foundation have come together to create a more comprehensive and reliable portrait of sports participation in the U.S., called the USA S
Corner Office Shifts Get Active…
This week saw a number of high level executive appointments in the outdoor and snow sports industries with CXO titles doled out to several industry veterans. In addition, a few companies brought in some new talent from outside the industry to take the hel
RECALL: Life is Good Kid’s Sweatshirts
The U.S. CPSC and the Independent Trading Co. of San Clemente, CA are recalling approximately 1,200 Life is Good children's sweatshirts. The garments have a drawstring through the hood, posing a strangulation hazard to children. In February 1996, CPS
OIA’s Capitol Summit Gains Support…
Since launching the Capitol Hill trade initiative three years ago, OIA’s Capitol summit has quickly become the most effective industry tool provided by the organization. This year, over 40 representatives from across the outdoor industry flew into Washing
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