Quiksilver is the latest company to see value in bringing a venerable European snow sports company into their growing stable of brands with an agreement to acquire the Rossignol Group. The deal gives Quiksilver an additional $625 million in annual revenue
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
The Finish Line Surpasses Billion Dollar Mark for Year; Nike Still Growing Share…
The Finish Line, Inc. surpassed the billion dollar mark for the first time in their fiscal 2005 year ended February 26, but started to see their impressive comp sales gains moderate a bit more in the fourth quarter as comparable store sales increased 8% o
Forzani Reports Audited Results for Q4 and Year…
After alerting the market in February about its slow fourth quarter, Forzani Group last week reported its audited financial results for Q4 and fiscal 2004, revealing that the recent clarification by the SEC regarding lease accounting practices would resul
Li and Fung’s Push for Better Margins Pays Off in 2004…
Li & Fung, the Hong Kong-based manufacturer of hardgoods and apparel is continuing to grow its sales in higher margin areas, providing low double-digit top-line growth and increasing net income by 25% in 2004. The company continues to manufacture in Hong
U.S. Exports Top $2 Billion in 2004…
According to a recent report released by the SGMA that was based on U.S. Department of Commerce data, U.S. exports of Sporting Goods and Athletic Footwear are on the rise. The category saw a 5.6% dollar gain, which comes on the heels of a gain of 9.7% in
Fab-Knit BK May Convert to Chapter 7…
Last week, Sports Executive Weekly (SEW_0512)reported that Fab-Knit Ltd., which is doing business as Reebok Team Uniforms, had shut its doors despite receiving approval for DIP financing in its Chapter 11 bankruptcy case (SEW_0512). According to more rec
VF Corp. Expands Outdoor Coalition with Another Action Sports Acquisition…
VF Corp., parent to The North Face, Jansport, Vans, and Eastpak brands, among others, has signed a definitive agreement to acquire Reef Holdings Corporation. Reef is currently owned by an investor group led by majority shareholder Swander Pace Capital.
Quiksilver Sees Apparel Opportunity in Rossignol Acquisition…
Quiksilver is the latest company to see value in bringing a venerable European snow sports company into their growing stable of brands as the company last week announced that it would acquire the Rossignol Group in a deal worth approximately $320 million
Johnson Outdoors will Remain Public…
After over a year of negotiations and analysis, shareholders have decided that Johnson Outdoors will remain a publicly traded company. JOUT last week held a vote at a special meeting of shareholders, looking for a two-thirds vote of the minority sharehol
Forzani Reports Audited Results for Q4 and Year…
After alerting the market in February about its slow fourth quarter (see BOSS_0509), Forzani Group last week reported its audited financial results for Q4 and fiscal 2004, revealing that the recent clarification by the SEC regarding lease accounting pract
B.O.S.S. Goes One-On-One with… REI’s Sally Jewell
Each month, The B.O.S.S. Report goes One-On-One with a key executive that is seen as a driving force for the future on the sporting goods, athletic footwear and/or athletic apparel markets.
This month we sat down with Sally Jewell, soon to be CEO of
Dick’s Sporting Goods Issues Apology for Canoecopia Concerns…
Dick's Sporting Goods has issued a letter of apology to the organizers of the recent Canoecopia event in Minnesota (BOSS_0512) after flyers advertising “Dick’s Sporting Goods Store Closing” were distributed at the event. BOSS received a copy of the
Thule Acquires Trailer Manufacturer…
Thule has acquired the Swedish trailer manufacturer Star Industrier AB, Bromölla. The company will be consolidated into the Thule Group under the Trailers division, which has annual net sales of SEK 550 million ($75.0 mm) making up 20% of the Thule Group
Fischer Moves to A New Office
Fischer Sports has completed its move to a new office in Auburn, NH. The new building is twice the size of their old office in Concord with 7960 sq. ft. of office space and 23520 sq. ft. of warehouse space. Fischer managed to move into the new place and
Genesco Will Restate Earnings Based on Review of Accounting
Genesco Inc. announced that upon completion of its review of its accounting for retail store leases, it expects to revise previously reported fourth quarter and fiscal 2005 results and to issue restated consolidated financial statements for the fiscal yea