Wolverine World Wide Inc. Chairman and CEO Tim O’Donavan said that Merrell and the Outdoor Group continue to be the company’s most significant growth driver, but also indicated that three of the company’s four major marketing groups contributed to the con
Category: Outdoor
OnBoard Outfitters Launches Baby Line at MAGICkids
OnBoard Outfitters is launching its OnBoard Baby line at MAGICkids at the MAGIC Marketplace. OnBoard Baby is introducing a full line of baby carriers and diaper bags incorporating its patent-pending performance and adventure-tested fabrics NeoClene and Lu
Crocs IPO Success Could Create Even More Opportunities…
The fact that Crocs Inc. even became a public company during the past week had many at the WSA show shaking their heads, but the fact that the company’s shares debuted at such a high price and then continued to climb after the issue had even more wonderin
SGMA Opposes 2nd Annual PEP Budget Cuts
Just as he did last year, the President has recommended the elimination of the Carol M. White Physical Education Program (PEP) by 2008. The 2007 budget proposes only $26.4 million for PEP, the amount needed to fund previously-awarded, multi-year PEP grant
K-Swiss Gets Europe Help to Offset the Classic Downturn in Domestic Market…
K-Swiss Inc. saw its reliance on its classics positioning take a bite out of its U.S. business in the fourth quarter, but the top-line came in slightly above the company’s guidance thanks to continued strength in the international business and better-than
Brine Signs Clemens to Soccer RandD Team
Brine, Inc. signed an agreement with Mandy Clemens to join the Brine Soccer R&D Team. The 27-year-old San Diego native and Santa Clara University graduate will be prominently featured in Brine advertising, including their “Find Your Game” campaign. In add
SGMA Board Sees New Faces; Leadership Shifts…
During the recent and final Super Show, the SGMA made several changes to its Board of Directors. Richard Bourne, the COO & president of Asics America, Paul Ehrlich, the general counsel at adidas America, and Chris Considine, the president of Wilson Sport
Tod Swank, Owner of Tum Yeto, Acquires Watson Laminates
Watson Laminates has been acquired by Tod Swank, founder and owner of Tum Yeto, Inc., home of Foundation Skateboards, Toy Machine Bloodsucking Skateboard Company, Dekline Footware and Apparel, Pig Wood and Wheels, Ruckus Trucks and Deathbox Skateboards. T
December Weak at Golf Courses Across the Country…
The National Golf Federation reported that same-store rounds played in the U.S. were down 8.1% for December 2005 versus the same month last year. The estimate is based on data from operators at 1,573 golf facilities. The decrease for the month was enough
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation continued to capitalize on the success of its Outdoor Coalition during the 2005 fourth quarter, with total revenues climbing 23% to $343.9 million compared to $279.9 million last year. The division was driven by growth across nearly all ODC
Sport Chalet Sales Increase on Difficult Comparison…
After experiencing a very strong snow season in California last year and reporting one of its most successful winter seasons ever, Sport Chalet was able to maintain some slight growth against some very difficult comparisons. The company reported a 3.7% sa
adidas Chief Sees Performance Opportunity for Reebok Brand…
Speaking via satellite video at the first global investor conference at the WSA show, adidas Group Chairman and CEO Herbert Hainer said he felt Reebok could be positioned as more of a performance brand than it has recently. He was responding to questions
Fitness Equipment Leads Amer to Strong Q4…
Amer Sports reported that fourth quarter net sales increased 114% to €558.5 million ($664 mm) from €261.0 million ($339 mm) in the year-ago quarter. The Salomon acquisition contributed €255.2 million ($304 mm) to the quarter’s top-line, a 0.8% increase ov
Riddell Bell / Easton Deal Forms $600 MM Company…
Riddell Bell Holdings has entered into an agreement to acquire 100% of the outstanding capital stock of Easton Sports, Inc. from JAS D. Easton, Inc., the current owners, for $385 million in cash. At the time of the closing of the transaction, JAS will pur
Timberland Fourth Quarter Sales and Earnings Inch-Up
The Timberland Company reported fourth quarter net income of $46.9 million and diluted earnings per share of 71 cents, compared with fourth quarter 2004 net income of $45.0 million and diluted EPS of 64 cents. Fourth quarter revenue increased 2.3% over st
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