In a deal that looks to have synergistic opportunities aplenty when it closes, Gill Athletics, Inc. announced last week that it had signed a non-binding letter of intent to purchase substantially all of the assets of Porter Athletic Equipment Co. Gill Ath
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Easter Calendar Shift Takes the Wind Out of Early March Momentum at Retail…
The calendar shift in the Easter holiday back to April this year is a prime example of why so many retailers are now reporting comparable store sales on a quarterly basis. The shift that diluted March results this year will certainly boost April in time
Recall: LandRoller Roller Skate
The CSPS and LandRoller Inc., announced a recall of about 1,400 pairs LandRoller “Terra 9” Roller Skates. The wheels on these roller skates can detach and the brakes can fail.
The recalled LandRoller brand skates are the “Terra 9” model manufactured betw
Paul Gagner to Become Sierra Designs President…
Paul Gagner, VP of sales and marketing of Gregory Packs, has accepted a new position as president of Sierra Designs and Ultimate Directions. Mr. Gagner has been an outdoor industry advocate for over 25 years, and an active climber for almost 30 years. His
Zumiez March Comps Jump 14%
Zumiez Inc. total net sales increased 37.3% in March to $18.4 million, compared to $13.4 million last year. The company's comparable store sales increased 14.3% for the five week period on top of a comparable store sales increase of 14.2% in the year
Sport Division Slows for Exel
Exel Sports finished 2005 with a slower fourth quarter than anticipated, while investments in emerging Nordic Walking markets are still waiting on a return. Total company net sales for the fourth quarter increased 10.6% to €21.9 million ($26.1 mm). The sp
Sport Division Slows for Exel
Exel Sports finished 2005 with a slower fourth quarter than anticipated, while investments in emerging Nordic Walking markets are still waiting on a return. Total company net sales for the fourth quarter increased 10.6% to €21.9 million ($26.1 mm). The sp
SmartWool to Open New Boulder, Colo. Design Center
SmartWool has hired Anne Wiper as their new VP and General Merchandising Manager. Ms. Wiper was formerly the Footwear Merchandise Director for Pearl iZUMi, and a Vice President at Salomon where she managed the Salomon Design Center in Boulder, Colo. Her e
Thule Looks to Double Sales in 2006…
Thule issued its annual report and laid out some aggressive strategies for worldwide growth during the coming two years. Company CEO, Anders Pettersson, has implemented a “3-6-9” growth strategy. Essentially, now that Thule has reached the SEK 3 billion (
March Retail Results Shows Continued Promise in
The reality of a shifting holiday calendar reared its ugly head again in March as the broader retail market saw comp store sales stagnant at the end of the month. The shift of the Easter holiday deeper into April this year robbed
retailers of the opportun
Bratton Joins SportsOneSource Team…
The SportsOneSource Group has expanded its senior
management team with the addition of Bill Bratton as
vice president of business development and will oversee
all product and advertising sales, business development,
and strategic partnership opportunities
Softgoods Sector Leads the Way in Fourth Quarter…
While acquisitions still played a role in outdoor industry vendors’ fourth quarter results, the deal market has clearly slowed down compared to its frenetic pace last year. Even though there were not as many deals closed
during 2005, the size of many of t
Collective Licensing Signs Japan and Taiwan Deals
On the heels of an aggressive expansion year, Collective Licensing International, LLC has entered into new international licensing agreements for its Airwalk brand in Taiwan, and its Vision Street Wear brand in Japan. Hanray Industrial has renewed its lic
NRF: Nation’s Ports Operating Smoothly
The nation’s major retail container ports are operating smoothly this month as volume levels build back up after the winter slow season, according to the April Port Tracker report released by the National Retail Federation and Global Insight…
Muller Partners With Controlling the Game President
Jorge Medina founder, president, and CEO of Controlling the Game Athletics has partnered with Roberto Muller and the Muller Group. Mr. Muller most notably achieved success as President of Reebok International Ltd. During his tenure, Muller was instrumenta
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