Gander Mountain Company announced that it has expanded its credit facility with Fleet Retail Group, LLC, a Bank of America company. The facility was increased from $225 million to $275 million as permitted under the terms of the agreement, which was signe
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
SGMA: Wholesale U.S. Sporting Goods Sales Top $52.2 Billion for 2004
According SGMA International's Recreation Market Report, sales of sporting goods equipment, sports apparel, and athletic footwear at wholesale in the U.S. were $52.2 billion in 2004, up 4.2% over the 2003 mark. Equipment sales were also up for the y
Longitude Group Report Finds Off-Course Golf Retail Has Room to Grow
The Longitudes Group announced the release of its 2005 Market Trend Report on USA Off-Course Golf retail, finding that in the overall off-course retail segment, the trend shows the large format retailers are aggressively opening stores across the country,
Sports Chalet Should See More Wall Street Focus after Recap Plan Approval…
Sport Chalet, Inc. held its annual meeting of shareholders last week, receiving approval for a number of initiatives that will see the company positioned as a more attractive investment opportunity; but, the biggest move was the change to the company’s Ce
Retail Execs See Stronger Near-Term Outlook, But Long-Term Outlook Sinks…
Retail Executives participating in the monthly survey conducted by the National Retail Federation appeared to echo the stronger-than-expected retail sales results for month, but they have also apparently lost faith in the continued resilience of the consu
Last Year it was Choppers… What’s in Store for 2006…
While performance bikes continue to evolve year after year, shaving grams and tweaking suspensions and ride quality, one category made a giant leap at Interbike last year, and the industry may be feeling its effects for seasons to come. The overriding th
What’s Next for Bike Apparel Market…
This year has been quite active for many apparel companies in the bike market, not only from new products and evolving designs, but also on the M&A front, where we now see two of the biggest brands in bike apparel now under new ownership. Nautilus in Jun
Trek Pullout Leaves a Gap at Interbike…
As previously reported, Trek Bicycles and its family of brands have opted to skip Interbike this year. The company chose to rely on its own in-house sales event in Waterloo, Wis. rather than bring its show to Vegas. The decision is somewhat reminiscent o
Non-Motorized Recreation Community Excluded from Roadless Committee…
Agriculture Secretary Mike Johanns selected members to the Roadless Area Conservation National Advisory Committee, which provide advice and recommendations on implementing the state petitions for the Inventoried Roadless Area Management Rule adopted by US
Online Sales Grow as Web Advertising Evolves…
According to a new forecast by Forrester Research, U.S. Online Retail will nearly double over the next five years, jumping from $172 billion in 2005 to $329 billion in 2010. The research firm feels that new innovations will make online shopping easier an
Amer’s Salomon Deal Delayed a Bit…
The Amer Sports Corporation acquisition of Salomon from adidas-Salomon AG will be delayed by two weeks due to a revision of the processing schedule by EU competition authorities. Salomon will commence operating as an Amer Sports division on October 1, 20
Finish Line Provides Closer Look at Concept Store
The Finish Line announced that it is in the developmental stages of a new concept store. The company did not reveal the name of the new concept as it is currently in the trade mark process, but said that the concept will be a unique, multi-channel, premi
Oakley Appoints Coors CEO to Board
Oakley, Inc. announced the appointment of Frits van Paasschen to its Board of Directors. Mr. van Paasschen is president and CEO of Coors Brewing Company, a subsidiary of Molson Coors Brewing Company. Prior to joining Coors Brewing Company, Mr. van Paassc
Perry Ellis Signs Sponsorship Agreement with the Miami Dolphins
Perry Ellis International, Inc. announced that it has signed a multi-year agreement with the Miami Dolphins and Dolphins Stadium to promote the company's brands at Dolphins games. The agreement gives Perry Ellis the rights to place the Dolphins Stadi
FTC Sees Ab Force as Falsely Advertised
The Federal Trade Commission announced a unanimous opinion and order holding Telebrands Corporation, TV Savings, L.L.C., and their principal, Ajit Khubani, liable for false advertising for the Ab Force, a belt-like device that uses electronic stimulation
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