Intrawest Corporation announced that a group controlled by Starwood Capital Group Global, L.L.C. has completed the previously announced purchase of a majority interest in Mammoth Mountain Ski Area, based on an enterprise value of $365 million. The transac
Category: Footwear
Puma Takes Majority Interest In Argentinian Distributor
PUMA will become the majority shareholder of UNISOL S.A. UNISOL is the current PUMA licensee for footwear, apparel and accessories in Argentina and has been responsible for the distribution of PUMA products in Argentina for almost 30 years. With this join
Skinner Appointed Chairman of Kellwood
Robert C. Skinner, Jr. was elected chairman of Kellwood Company effective February 1, 2006. He will also continue in his roles of president and chief executive officer. Skinner succeeds Hal J. Upbin, who is retiring as chairman on January 31, 2006…
Royal Robbins Hires Beller as Key Acct. Manager
Royal Robbins, a leading manufacturer of travel and outdoor apparel, today announced the appointment of Morgan Beller as key account manager for REI, effective immediately. In this role, Beller will handle day-to-day liaison with REI, one of the leading
Quiksilver Gets Nice Lift in Fiscal Fourth Quarter…
Quiksilver, Inc. sees the recent acquisition of Rossignol providing the company with a tremendous growth vehicle that is expected to contribute “several hundreds of millions of dollars” in upside. That forecast is in addition to the potential of the non-
Chick’s Sporting Goods Puts New Investment to Work…
Chick’s Sporting Goods, the SoCal-based big-box retailer, has inked leases for three new stores in newly-planned power centers in the Southern California market.
Chick’s received a $4 million cash infusion in June 2005 from Nogales Investment Fund, which
Earth Products Sets Sights on EU…
Earth Products expanded its reach in the European market with the establishment of Earth Products Europe, the company’s new European headquarters located in Münster, Germany. Through Earth Products Europe, the company expects to expand the reach of its A
OIA Continues China Quota Battle for One More Round on Capital Hill…
Last week, Outdoor Industry Association led a contingent of member company senior executives from W.L. Gore, Columbia Sportswear, VF Outdoor, Cabela's, and Cloudveil Mountain Works for meetings in Washington, D.C. on potential damage to the outdoor i
LaCrosse Completes Sale of Former PVC Boot Factory
LaCrosse Footwear, Inc. announced the completion of the sale of its facility in Claremont, N.H. for $685,000 in cash. The net proceeds from the sale are expected to approximate the net book value of the property. The facility was the manufacturing and dis
SRAM Launches Neutral Race Suppport on the Road
As SRAM introduces two new componentry groups and sponsorship of two professional teams, the company has also committed to a SRAM Neutral Race Support (NRS) program through 2007. The agreement puts five SRAM decaled 2006 Volvo XC70’s on the road, providin
Royal Robbins and Rossignol Ink Apparel Deal
Team Rossignol has selected Royal Robbins to wear when off the slopes at indoor ski clinics, awards events and public gatherings. Team Rossignol, the most visible Nordic team on the cross country circuit selected Royal Robbins apparel for its innovative
Isis Launches Goddess Scholarship Fund
Isis is establishing the Isis Goddess Scholarship Fund. The Isis Goddess Scholarship Fund offers one woman each year, the opportunity to take part in a transformational retreat free of charge at Mind Over Mountains of Ridgeway, Colorado. The Isis Goddess
Wolverine Declares Dividend, Additional Stock Repurchase, and Repatriation
The Directors of Wolverine World Wide, Inc. have declared a quarterly cash dividend of 6.5 cents per share of common stock. The Company also announced that its Board of Directors authorized the repurchase of an additional three million shares of common st
New Report Forcasts Slow British Apparel Market Through 2007
According to a new Research and Markets study, the UK clothing and footwear market was worth £44 Billion at retail selling prices in 2004. Whereas the 1980s and 1990s saw a decline in the proportion of disposable income spent on clothing, the market has g
Chain Stores See 6% increase in Early Season SnowSports Sales
Sales of SnowSports product for the August through October period of 2005 at chain stores were up 6% compared to last season. In dollars, that translates to $70.3 million in sales compared to $66.1 million for the same period last season. Unit sales wer
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