Orange 21, Inc. last week followed up on their previous report of preliminary results for the 2004 fiscal year, providing much more detail to their overall business for the year and specific results for the fourth quarter. The company is also battling a
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
True Temper Posts Loss for 2004…
True Temper Sports, Inc. saw 70% of its revenues come from sales of steel golf shafts in 2004; a market in which True Temper sees itself having a 68% worldwide share. Net sales for 2004 decreased 15.3% to $98.4 million from $116.2 million in 2003. Gross
Johnson Outdoors and Family Terminate Merger Agreement…
After shareholders failed to approve a proposal by members of the Johnson family to acquire all outstanding shares not owned by the family and take Johnson Outdoors private, the company on Friday filed papers with the SEC terminating the merger agreement
More Fines in the JFF Case…
In a saga that never seems to end, Peter Berman, the former comptroller of Just for Feet Inc., has agreed to pay more than $51,000 in fines to settle allegations by the Securities and Exchange Commission that he participated in a scheme that inflated inco
SGMA Issues a Call to Action for National P.E. Day Lobbying Efforts…
SGMA has put out an all points bulletin to the sporting goods industry to rally support for P.E.4LIFE’s 5th Annual National P.E. Day and the associated lobbying efforts to support funding for physical education programs in schools. At issue is a cut in f
The Sports Authority Rolls Out The Red (Sox) Carpet for Investors…
TSA held an investor day on March 29 in the soon-to-be demolished .406 club at Fenway Park, with chairman and CEO Doug Morton starting the conference by telling investors that “We want the customer to come to TSA instead of WMT”. He then proceeded to des
Retailers Show Vendors How to Increase Fourth Quarter Profits…
Industry vendors again looked to acquisition to help boost sales and earnings growth for the fourth quarter, but retailers had a hard time keeping pace with the sales growth seen at their vendors. Retail is still clearly in the driver’s seat here as prof
Orange 21 Fends Off Legal Action as it Moves to Build Global Sales Model…
Orange 21, Inc. last week followed up on their previous report of preliminary results for the 2004 fiscal year, providing much more detail to their overall business for the year and specific results for the fourth quarter. The company is also battling a
Prime Rate Acquires Stockli U.S. Distributor
After a move last month to acquire a Vermont ski shop, Prime Rate Investors has now reportedly acquired a majority ownership of Stockli USA, LTD. Stockli Ski USA, which is based in Denver, Colo., has been operating for ten years as the exclusive distribu
Exel Sees Nordic Walking Grow in EU; North America Still in Transition…
Exel reported strong revenue and income growth for fiscal 2004. While a majority of the top-line growth was generated by the company’s industrial division, Exel’s sport division reported full-year sales grew 25.0% to €35.5 million ($44.2 mm) compared to €
S.R.A.M. = SRAM, Rock Shox, Avid, and … Mavic?
An article published in DirtRag set the bicycle industry abuzz with talk of SRAM’s latest acquisition. The piece quoted SRAM’s Michael Zellman saying that his company has acquired the French wheel manufacturer, Mavic, currently owned by adidas-Salomon. BO
Zumiez is Firing on All Cylinders as IPO Approaches…
Zumiez, Inc. filed its amended S-1 last week as the Seattle-based action sports retailer prepares to enter the public market this spring. Based on the company’s most recent results, management has read all the right books about dressing yourself up for t
Smartwool Inks New ‘Humane’ Contract with Wool Suppliers
In December 2004, BOSS reported that after holding multiple protests on three continents and issuing a year-long warning to the Australian government, PETA re-launched an international boycott of Australian wool. This boycott was expected to have its bigg
Thule Acquires Division of Sportworks…
Thule has signed a letter of intent to acquire the Quick-load Bike Racks division of Sportworks Northwest, Inc. Thule will acquire the Quick-load Bike Racks' assets, including all tooling trademarks, patents, and customer lists from Sportworks and wi
The Sports Authority Rolls Out The Red (Sox) Carpet for Investors…
TSA held an investor day on March 29 in the soon-to-be demolished .406 club at Fenway Park, with chairman and CEO Doug Morton starting the conference by telling investors that “We want the customer to come to TSA instead of WMT”. He then proceeded to des
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