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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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’
Outdoor Mystery Bloggers Call it Quits…
The blog that quickly became the talk of the outdoor industry has been shut down after a run of just under a year. ThePiton.com appeared before OR Summer Market last year and word spread quickly at the show about an anonymous group of outdoor industry exe
Roger Talermo Provides More Insight into the Amer Sports Salomon Acquisition…
When Roger Talermo joined Amer Group ten years ago he had a very clear and ambitious goal in mind for the company. He wanted it to become the largest sports equipment manufacturer, period. Shortly before Mr. Talermo took the reins at the Finland-based Ame
Rebel Sport Ltd Warns of Net Profit Declines
Rebel Sport Limited advises that its net profit attributable to members of the company for the year ended July 2, 2005 is estimated to be in the range of $13.5 million to $15.5 million. Accordingly, the company anticipates that its Group result will be at
Ganz To Cover SoCal, NV, AZ for TrekSta
TrekSta has added Ned Ganz to represent the line in Southern California, Nevada and Arizona. Ganz, who also represents Rossignol, is a former member of the US ski team and has a strong history with performance outdoor brands…
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