SIA’s season-end Retail Audit is reporting that sales for the entire SnowSports retail market climbed 1.9% to $2.25 billion for the August 2004 through March 2005 season versus $2.20 billion in sales last season. Unit sales were down 7.8%, but higher ASP’
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Consolidation Strikes Again in the Paddlesports Market…
In a move that is sure to change the face of the paddlesports industry once again, Confluence Holdings last week acquired one of their largest competitors, WaterMark Paddlesports. Rumors about a pending merger deal had been floating around the industry f
Orange 21 Sees Sales Jump 32%, But Income Still Red
Orange 21 Inc. announced net sales for the first quarter ended March 31, 2005 were $8.5 million compared to $6.4 million in the first quarter of 2004, an increase of 32%. The net loss for the first quarter of 2005 was approximately $495,000 versus a net l
Sport Chalet Announces Effects of SEC Clarification
Sport Chalet, Inc. announced that, as a result of a clarification issued by the SEC on February 7, 2005 affecting many retail companies, the company has reviewed and corrected its lease accounting practices. The effect on the company's previously rel
Vail Susbsidiary to Sell Vail Marriot Mountain Resort and Spa
Vail Resorts, Inc. announced that one of its subsidiary companies has entered into a contract to sell the Vail Marriott Mountain Resort & Spa for $62.0 million to DiamondRock Hospitality Limited Partnership. The transaction price indicates a total value f
Mossimo Q1 Income Up 50% on 40% Sales Jump
Mossimo, Inc. reported total net revenues for the first quarter ended March 31, 2005 of $8.7 million, an increase of 40.3% compared to $6.2 million for the same period last year. The company reported first quarter net earnings rose 50% to $1.8 million com
Consolidation Strikes Again in Paddlesports Market…
In a move that is sure to change the face of the paddlesports industry, Confluence Holdings has acquired one of their largest competitors, WaterMark Paddlesports. Rumors about the pending deal had been floating around the industry for months and virtually
Johnson Outdoors Shows Mixed Results in Fiscal Q2; Watercraft Improves…
The predicted slow-down in military tent sales became a reality at Johnson Outdoors during their fiscal second quarter, but this was offset by sales growth in the Marine Electronics division, driven by the acquisition of Humminbird in May of last year. To
Columbia Sportswear Enters the Bicycle Market in Licensing Deal…
The Columbia Sportswear Company has signed a license agreement with World Wide Cycle Supply giving WWCS the rights to design, manufacture, and market outdoor bikes and bike accessories with the Columbia name. WWCS will manage distribution and plans on sel
Head NV Narrows Q1 Loss on Charges, But All Divisions Take Revenue Hits…
The benefits that Head sees from reporting in U.S. Dollars wasn’t enough to save them in the first quarter as the company struggled with the impact of weather on their Winter Sports business, while a weaker tennis market and poor weather impacted a Racque
PETA Drags Outdoor Brands into Merino Mulesing Fight…
The animal rights group, PETA, has been dragging outdoor companies into an Australian Merino wool boycott, apparently without notifying the companies. In a series of separate announcements, PETA stated that Timberland and Smartwool had joined their fight
OIA Not Happy with U.S. House Action on LWCF…
The House Appropriations Committee voted to eliminate funding for the Land and Water Conservation Fund in the proposed 2006 budget. Since LWCF was created by Congress 40 years ago, the program has funded 40,000 parks in 98% of the counties in the nation.
Pacific Cycle Up 30% in First Quarter, But is Sting-Ray Effect Waning…
Dorel continues to outperform Wall Street’s expectations for both sales and earnings with much of the top line growth coming from the acquired Pacific Cycle, which makes up Dorel’s Recreation and Leisure Division. Total company sales for the first quarter
Lafuma Buys 63.55% Stake in Oxbow…
Last week, BOSS reported that Lafuma and Oxbow shares were suspended from trading on the Paris stock exchange pending merger negotiations (See BOSS_0519). This week, the Lafuma Group signed an agreement with Teahupoo, an investment fund acting on behalf o
SIA: Chain Stores End Season Outpacing Specialty Stores in SnowSports Sales…
SIA’s season-end Retail Audit is reporting that sales for the entire SnowSports retail market climbed 1.9% to $2.25 billion for the August 2004 through March 2005 season versus $2.20 billion in sales last season. Unit sales were down 7.8%, but higher ASP’
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