West Marine, Inc. lowered its earnings and sales outlook for 2007, citing softness in the market. The boat supplies retailer now expects full year earnings in the range of 24 cents to 34 cents per share, down from its previous range of 45 cents to 55 cent
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Vital Picks Up Warrior Sports Apparel License
Warrior Sports has signed an apparel license agreement with Vital Apparel. Vital will design and develop Warrior branded apparel in association with the Warrior product and design groups as well as work to introduce new and innovative materials and design
U.S. Supreme Court Affirms Brand Control…
The fight for control of a brand went the route of the brand owner last week as the U.S. Supreme court struck down a nearly century old ban on the setting of minimum pricing…
K2, Part II? Heckmann Forms Buyout Firm…
After the planned sale of K2 Inc. to Jarden Corp., the industry wondered what would become of the company’s outspoken leader, Richard Heckmann. It seems Heckmann is not yet done with the acquisition/consolidation game as he has formed a new buyout firm c
VF, Hanesbrands Plan Factory Closures…
Two of the major players in the apparel industry announced plans to close down redundant factories in the hopes of lowering costs last week…
OIF Takes an In-Depth Look at the Next Generation…
Outdoor Industry Foundation completed the 2007 edition of The Next Generation of Outdoor Participants which takes a holistic approach to analyzing the activity of the life-cycle of consumers who participate in outdoor sports. In the first edition of this
Hardgoods Vendors See Tough First Quarter…
Without the benefits of acquisition driven top-line growth, and all of the negative factors involved in the various integration initiatives hitting the bottom line, hardgoods vendors had a tough first quarter in 2007. However, softgoods and footwear vendo
Confluence to Boost Personnel, Service and Quality…
For the past three years Confluence has been showing up in Salt Lake City with a story that vendors usually try to avoid. While the company has innovative new products, and creative marketing plans, it is usually apologizing for late deliveries, incomplet
Outdoor Retailer Shifts Summer Show Dates for 2009…
Outdoor Retailer is moving up the date of its 2009 Summer Market to July 21-24. The decision to change the show dates, according to show management, was made in response to evolving market needs for many of the exhibitors at Summer Market. In particular,
MSR Delays Reactor Deliveries…
The MSR Reactor Stove System, previously scheduled for release in spring of 2007 is not ready for release yet. As production increased and stoves were put through MSR’s testing protocols, the majority of units met demanding test standards; however, a mino
Body Glove Expands Sales to Gulf Countries
Body Glove International LLC and its licensee Tiki Shark Hawaii Inc. have inked an exclusive deal to expand sales of an extensive line of Body Glove products into the Gulf Council Countries. Body Glove will team up with Omani based Al Barij International
Amer Sports Forms Winter and Outdoor Unit
Amer Sports said it is forming a Winter & Outdoor unit by combining it Salomon and Atomic divisions to better target the winter/outdoor market. The move is part of an overall reorganizing its executive structure as of September 1 to improve its operations
Dick’s Sporting Goods to Carry Enlyten SportStrips
HealthSport, Inc. has reached an agreement with Dick's Sporting Goods to become an authorized distributor of Enlyten SportStrips. Buffalo Bills starting quarterback, JP Losman, will be featured in Enlyten's marketing campaigns for Dick's..
Lone Pine Capital Accumulates 7.8% Stake in Under Armour
Lone Pine Capital and related funds has acquired a 7.8% stake (2,728,463 shares) in Under Armour Co., according to a 13G filing. Under Armour did not show a stake in UA for the quarter ended March 31, 2007…
Spalding Signs Oden and Arenas
Spalding announced the signing of two high profile basketball players, the top pick in the NBA draft Greg Oden and Washington Wizards guard Gilbert Arenas, to endorse its full line of basketballs and backboards on a worldwide basis. Spalding said it plans