Magnum Acquires U.S. Footwear Factory

Magnum USA, a division of Hi-Tec Sports USA has acquired Falcon Shoe Manufacturing Co. and its historic Lewiston, Maine footwear factory. The move all but secures the future of the factory’s current labor force, and has already resulted in the addition o

Arc’Teryx Shuffles Management Deck…

Arc'Teryx has promoted several of its principal employees. Long time designer Tom Fayle has been promoted to Director of Product Design. Janice Larsen has been elevated to Director of Product Engineering. Lance Richardson, formerly the Director of Pr

Shimano Misses 2004 Guidance; Still Posts Record Year…

Shimano finished off fiscal 2004 with a very strong fourth quarter, posting a 16.9% increase in sales to ¥46.6 billion ($441.0 million). In spite of the strong improvements over 2003, the company did not quite reach its full year projections of ¥170 billi

OR Postpones OutdoorPreview Event…

Shortly before BOSS went to press, Outdoor Retailer announced that the “OutdoorPreview” apparel event, which was scheduled before OR Summer Market in Chicago, has been “postponed until further notice.” In an interview in January (See BOSS_0504), Peter Dev

Wal-Mart Comps Up 4.1% for February

Wal-Mart Stores, Inc. reported same store sales of 4.1% for the entire company, for Wal-Mart, and for Sam's Club for the four-week period ending February 25, 2005. Total company sales were up 10.9% to $22,368 million for February…

The Par Shop Wins Mizuno’s Fitter of the Year Award

Each year, Mizuno recognizes select customer accounts for their outstanding commitment to Mizuno’s custom fitting program. For 2004, Mizuno’s Fitter of the Year is The Par Shop in Menominee, Michigan. Regional winners include: Golfing By Design, Sanford

K2 Sees Net Sales Jump 75% for Q4; Up 67% for Year

K2 Inc. reported net sales for the fourth quarter ended December 31, 2004 of $338.9 million, an increase of 75% from $193.8 million in the prior year, and diluted earnings per share of 18 cents, a 157% increase over the fourth quarter of 2003. Operating i

Cannondale Recalls Bike Seats

Cannondale Bicycle Corp. has announced the recall of roughly 1,480 ‘1-X’ bicycle suspension seat posts that were installed on various 2005 model year Cannondale brand bicycles. The recall involves Lee Chi model 1-X bicycle suspension seat posts. Lee Chi i

Eddie Bauer will Become Independent, Public Company…

Spiegel, the bankrupt parent company to Eddie Bauer, has filed a reorganization plan with the U.S. Bankruptcy Court that would give the company’s unsecured creditors, excluding Spiegel Holdings, Inc. and its affiliates, approximately 90% of their claims t

OIA Redoubles Efforts to Help Protect Recreation Areas…

As the climate for public policy and environmental issues heats up, Outdoor Industry Association (OIA) has fired up its commitment and efforts to protect the pristine lands and waterways that are the lifeblood of the outdoor industry—the outdoors themselv