Accell 2004 Earnings Outpace Sales by Two-to-One Ratio…

The Accell Group is continuing to show strong growth in the European bicycle and fitness market with sales increasing 17.8% to €341.1 million ($424.3 mm) compared to €289.6 million ($327.9 mm) in 2003. Organic sales grew 7% for the year while income jumpe

Huffy Replaces Independent Auditor…

Following efforts by its unsecured creditors to block Huffy’s retention of KPMG, LLP as its independent auditor (see BOSS 0504 & 0506), Huffy has retained Marcum & Kliegman LLP. This new firm has been approved by the bankruptcy court and the Audit Committ

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

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

Globe’s Half-Year Revenues Jump 20%

Board Sports and streetwear apparel company Globe International announced that revenues of A$108.5 million ($79.6 mm) for the half year ended December 31, 2004 were an improvement of 20% on the corresponding period last year and that the company remained

US E-Commerce Sales Up 4.7% for Q4

The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the fourth quarter of 2004, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, was $18.4 billi

SMS Clothing Hires New Reps

SMS Clothing announced the appointment of two new reps to cover key regions in Canada and the US. Bill Reeves is now covering the Ontario area and Brian Healy is now covering CO, UT, NM, WY…