While the Fashion Athletic trend was on the horizon and a beacon of things to come in 2005, the performance business continued to please as well, particularly at the upper end. Nike fueled much of the energy at the beginning of the year with the re-launc
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Outdoor Market Sees Acquisitions Slow in 2006…
This year could easily be looked at as four quarters of integration. The massive, blockbuster acquisitions of 2004 and 2005 forced many of the serial consolidators to take a step back and start to put the pieces of their new puzzle together in the most ef
And the Industry Gains Ground on Capitol Hill…
2006 can also be looked at as a turning point for government relations at OIA and SIA. All three were able to effectively lobby and push bills through the House and Senate that will have a tangible impact in years to come. Much of the progress was made d
Trade Industry Organizations Had a Busy 2006…
This year outdoor industry organizations were busy with their own consolidation efforts, some of which were successful, and others which are still shaking out.
In January, OIA acquired Outdoor University and began a transformation process for the program
VF Outdoor Coalition to Acquire Eagle Creek…
VF Outdoor, Inc. is in negotiation to acquire Eagle Creek, Inc. Eagle Creek currently has annual sales of approximately $30 million. Terms were not disclosed, but SEW suspects that Eagle creek sold for a premium, given the brand equity company founder Ste
Execute Sports to Sell Academy Brand and Pursue Strategic Options…
Execute Sports, Inc. plans to reorganize its business and to divest portions of its Snow Sports operations including the Academy brand. The goal is to reduce the company's operational cash flow requirements and create a “more efficient path to profit
Innovative Invests in VO Gloves…
VO Gloves, makers of CZiP gloves, has received $2.5 million in new funding from Innovative Distribution. The funding will support VO’s new product line and increase the company’s manufacturing and design capabilities. VO Gloves has plans to develop produc
Nautilus Shuffles Product Development Teams…
Nautilus plans to relocate its Louisville, Colo.-based fitness product development facility to the company’s headquarters in Vancouver, Wa. and then move its Apparel Division, including Pearl iZUMi from leased facilities in Broomfield, Colo., into the now
American Skiing Company to Sell Steamboat to Intrawest…
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation to an affiliate of Intrawest for $265 million. American Skiing Company initiated a review of strategic options for the resort in July. Included in t
adidas Refuses to Outbid Nike for German Soccer Sponsorship
Herbert Hainer, CEO of adidas, told German newspaper Sueddeutsche Zeitung that his company will not enter a bidding war with rival Nike to keep its sponsorship of Germany's national soccer team…
Execute Sports to Sell Academy Brand
Execute Sports, Inc. plans to reorganize its business and to divest from its snow sports operations including the Academy Snowsports brand with the goal reducing the company's operational cash flow requirements and creating a more efficient path to p
Planet Dog Names Operations Manager
Shari Duke has been promoted by Planet Dog from Assistant Controller to Operations Manager. In addition to her current responsibilities of supervising inventory control and the shipping and receiving functions, Shari will be taking on the added responsib
Nike Inc. Posts Solid Fiscal Q2 Sales Growth…
Nike, Inc. CEO Mark Parker described the U.S. region as the “workhorse” of the Nike brand in the second quarter, but the high-single-digit sales increase in the region for the period was eclipsed a bit by a mid-teens increase in Asia Pacific for the brand
The Finish Line Struggles in the Mall…
The Finish Line, Inc. pointed to fashion shifts in athletic footwear and increased promotional activity in the mall as key issues that continue to impact their business. Management said they are working on the product mix and even how it is displayed in
New York NBA Store Says adidas Partnership Fuels Growth…
The NBA Store on Fifth Avenue had its “most successful November ever,” along with its “most successful shoe launch ever” with the adidas Originals NBA Superstar Collection. The store reported that November sales volume increased 7% over its previous highe
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