DC Shoes has released its first snowboarding video, The Mtn. Lab Video. The video's packaging includes a 120-page full color book with photos and stories gathered throughout the Lab's existence, since the DC Mtn. Lab, DC's private snowboard
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
SGMA: Athletic Footwear Running Strong in 2005
SGMA reported that, based on NPD Group data, a strong turnaround in the men’s category caused consumer spending for athletic footwear to rise 10% during the first half of 2005. Total spending for athletic footwear rose to $8.7 billion for the 2005 period,
adidas-Salomon Increases Credit Facility to €2 Billion
adidas-Salomon signed a €2 billion Revolving Credit Facility, which was syndicated as an increase of the group’s €800 million revolving credit facility established in February. The amended facility increases the group’s financial flexibility and improves
Rebel Sport Posts 7.3% Q1 Sales Increase
Rebel Sport Limited’s group sales revenue for the three months ended October 1, 2005 increased 7.3% to AU$77.8 million ($59.1 mm) when compared to the same quarter last year, including sales revenue from the Glue lifestyle stores.
Sales on a same store ba
September Retail Results Stronger than Expected…
Consumer resiliency appears to be the theme for the month of September as the effects of Hurricanes Katrina and Rita and the resulting sharp rise in gasoline prices failed to have as strong a negative impact on retail sales results as expected for the mon
Hurricanes Effect on Port Congestion less Than Expected …
The September Port Tracker report gave the ports of Los Angeles/Long Beach and Oakland a medium congestion rating worrying that damage from Hurricane Katrina would require railroad rerouting, slowing down trains taking cargo away from other ports. However
adidas/Reebok Closer to Approval…
adi-bok came one step closer to reality last week after adidas-Salomon AG reported that its proposed €3.1 billion (U.S. $3.8 billion) acquisition of Reebok International Ltd. had survived the waiting period under the Hart-Scott-Rodino Antitrust Improvemen
Crooke to Step Down from Patagonia Post; Sheahan Named Interim CEO…
Michael Crooke, president and CEO of Lost Arrow Corporation, Patagonia’s parent company, will step down at the beginning of November after seven years in the position. Lost Arrow’s Board of Directors has named Casey Sheahan as interim president and CEO of
Timbuk2 Switches Private Equity Owners…
A majority ownership of Timbuk2 Designs was acquired by several individual investors and led by VMG Equity Partners and Capital Logic Partners. According to sources close to the deal, the company was sold for over $20 million, a considerable premium over
Nike and Bauer in Shared Logo and Brand Strategy…
Nike, Inc. and its Bauer subsidiary unveiled a new brand strategy and logo to help leverage their combined strengths for global hockey athletes and retailers. The company says it is following an offensive-minded approach; the move is intended to unify res
Umbro Picks Up 25% Stake in Chinese Distributor…
Umbro will acquire a 25% stake in Team & Sports Ltd., Umbro’s current licensee distributing product in China, Hong Kong, and Taiwan. The stake in Team & Sports will cost Umbro a total of $12 million. Upon completion of the deal, Umbro will pay $4.5 millio
Supply Issue Prompts Pinnacle Ball Layoffs…
Acushnet will apparently need to lay off more than 200 workers at a Pinnacle ball manufacturing plant in Massachusetts after supplies of raw materials required for use in ball covers were interrupted. A local New Bedford paper said supply of a key plasti
Wolverine Worldwide Sees Europe Outpace U.S. Growth; Merrell Apparel to Launch for Fall ‘07…
Wolverine World Wide posted another solid quarter, finishing Q3 with its eighth consecutive quarter of double-digit EPS improvement. The company now feels the time is right to extend the Merrell brand further, unveiling initial plans to have a Merrell Ap
Big 5 Completes Restatements; Q3 Comps Stronger…
Big 5 Sporting Goods Corporation was able to get up to date with its required SEC filings, prompting the Nasdaq Listing Qualifications Panel to restore its stock trading symbol to BGFV last week. The retailer was forced to restate earnings in a number of
Outdoor Industry Companies Again Lead the Way in Corporate Responsibility…
At a recent Patagonia press conference, former company CEO Michael Crooke issued a call to action for the outdoor industry. He made one simple request — take a leadership role in corporate responsibility. Many outdoor companies are involved in different