Gryphon Investors has closed on its acquisition of G.I. Joe’s, Inc. Terms of the transaction were not disclosed. Wells Fargo Retail Finance provided the financing for the transaction and Houlihan Lokey was the financial advisor for GI Joe’s…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Outdoor Retailer Winter Market ‘07: Bigger and Greener than Ever…
Two years ago, Patagonia’s CEO Michael Crooke issued a challenge to the outdoor industry to become the leaders in environmental sustainability. Apparently the industry took this message to heart, because this year’s OR Winter Market was a showcase of inno
Wool Continues to Work…
Wool infused garments continue to be a growing trend, and were seen in products all over the show floor. Brands such as Icebreaker, SmartWool and Ibex have plenty of company now, as wool is making its mark in some less traditional areas as well…
OR Winter Market: Bigger and Greener than Ever…
Two years ago, Patagonia’s CEO Michael Crooke issued a challenge to the outdoor industry to become the leaders in environmental sustainability. Apparently the industry took this message to heart, because this year’s OR Winter Market was a showcase of inno
Chaco Acquires Ulu to Address Winter Footwear…
Chaco had the biggest news on the floor at winter market, which is surprising given the fact that before the show the company made only summer product. This fact is about to change, since Chaco acquired all of the trademarks and assets of the Ulu brand fr
OIA Wins Utah Roadless Protection…
With a petition signed by more than 400 ORWM attendees, Kim Coupounas, chairperson of OIA and CEO of GoLite; Frank Hugelmeyer, president of Outdoor Industry Association; Peter Metcalf, CEO of Black Diamond; Mike Wallenfels, president of Mountain Hardwear;
Dunlop Adds Sales and Marketing Analyst for Raquet Sports
Dunlop Sports Group Americas continues to grow its racquet division with the appointment of Kristin Mears as Sales and Marketing Analyst for Racquet Sports. Mears will coordinate the management and development of key racquet reports and analysis for Dunl
Nike Golf Adds College Amateur Golf Manager
Nike Golf appointed golf industry veteran Marlin “Cricket” Musch to the position of College Amateur Golf Manager. In that capacity, Musch will oversee all of Nike Golf’s collegiate, junior and amateur golf categories with an emphasis on bolstering Nike G
Asics Updates Logo, Revisits Sound Mind, Sound Body Roots
ASICS Corporation (Japan) and ASICS America Corporation, the North American Subsidiary, announced the debut
of a freshly updated brand logo, reflecting the momentum of the brand with a faster, more modern feel and a slogan that revisits ASICS' roots.
Iconix Closes Shop at Ocean Pacific’s California Office
When Iconix Brand Group, Inc. purchased Ocean Pacific from Warnaco in October for $54 million, the company said that it “can expand OP's international business further and significantly grow the brand's penetration in the U.S.” Those plans, howe
Asics Posts 16% Nine Month Sales Gain
For the nine months ending December 31, Asics Corp. saw net sales increase 16.0% to ¥142.2 billion ($1.23 billion) from ¥122.6 billion ($1.10 billion) last year. Gross margin for the company increased 60 basis points to 44.0% of net sales from 43.4% durin
Nautilus Hopes to Acquire Largest Contract Manufacturer
Nautilus, Inc. has signed a purchase option agreement to acquire the assets of its largest contract manufacturer, Xiamen, China-based Land America Health and Fitness Co., Ltd. Consideration for the acquisition is approximately $72 million in cash and stoc
Confluence’s Woolsey Join PIA’s Board of Directors
The Paddlesports Industry Association added Kelley Woolsey to its board of directors as he took an at-large position. Woolsey is SVP Sales and Marketing at Confluence Watersports of Easley, South Carolina…
Polar Design Acquired by Sport Innovation Group
Polar Design, Inc. along with its Polarpak and Promopak brands, has been acquired by the Sport Innovation Group, Inc. Terms of the deal were not disclosed…
Crocs to Acquire Ocean Minded
Crocs, Inc. has entered into a definitive agreement to acquire 100% of the membership interest of Ocean Minded, LLC for $1.75 million in cash, plus a potential earn-out of up to $3.75 million based on Ocean Minded hitting certain earnings targets over a t
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