Cloudveil has reported 79% total revenue growth for
2003. Gross margin increased by 4%, and Cloudveil gained 25% growth in
retail storefronts in 2003…
Category: Outdoor
The Hockey Company Acquires t-blade Stake
The Hockey Company has acquired a 33 1/3% ownership stake in t-blade. The remaining shares are owned by Graf Canada Ltd. (33 1/3%) and t-blade GmbH (33 1/3%). Separately, the Company also announced the formation of a European joint venture with t-blade Gm
Gerber Enters the LED Market by Acquiring CMG
Gerber has acquired CMG Equipment, LLC. CMG is recognized as a leading manufacturer and marketer of Light Emitting Diode (L.E.D.) -based portable outdoor lighting products. CMG's lights will form the foundation of a complete Gerber L.E.D. Lighting li
Anderson Named Division President of Fox River Brands
Fox River Mills has named Joel Anderson divisional president for Fox River brands. He was formerly Fox River’s national sales manager. Anderson, who was hired by Fox River in 1999, will lead the Fox River team to increase Fox River’s branded products’ vis
The Athlete’s Foot Expands into Saudi Arabia
The Athlete's Foot has formalized an agreement with The Alajlan Company of Riyadh, Saudi Arabia to become The
Athlete's Foot's master franchisee for the Kingdom of Saudi Arabia. The company projects 10 store openings over the length of the
InterBike Appoints New EU Sales Rep
In an effort to further enhance its international reach and customer service, Interbike is pleased to announce the recent appointment of Uwe Weissflog and his agency, called inMotion mar.com, as its new European sales representative…
Vibram Named in Top 10 Most Significant Innovations…
Vibram was named one of the top ten most significant gear innovations in the history of outdoor sports according to the February 2004 issue of Hooked on the Outdoors…
Dahon Posts 28% Unit Sales Growth
Dahon California announced record sales results in 2003. Unit volumes increased by 28% compared to 2002. Dahon produced and sold an all time record high of 160,000 folding bicycles in 2003 compared to 125,000 units in 2002…
Noonan is Promoted to COO at Tecnica USA
Mike Noonan has been promoted to the position of COO of Tecnica USA and its subsidiary, Volkl Sport America. Noonan replaces John Stahler who will now assume the position of President and CEO of the Tecnica Group in the United States, which includes Tecni
Footstar Updates Restatement; May Sell Off Athletic Unit
Footstar, Inc. has updated its expectations for the total impact of its financial restatement for fiscal years 1997 through the first half of fiscal 2002 and reported on discussions it is having with its bank syndicate. The company is continuing to evalu
Pacific Cycle Acquired by Canadian Consumer Brands Company
Dorel Industries Ltd. has signed a purchase agreement to acquire Pacific Cycle, best known for its Schwinn, Mongoose and GT bicycle brands. The total value of the all-cash transaction is US$310 million and is being financed through additional debt facilit
SGMA: Forecasting the Future of the Sporting Goods Industry – 2010
Getting the right product to the right place at the right time. That’s the key to success in business – especially in the sporting goods industry. How that will be best accomplished by 2010 is the $64,000 question. That’s one of the dominant themes of
Dorel Acquires Pacific Cycles
Dorel Industries Ltd. is adding a significant new leg to
the Company's business by entering the bicycle industry through a major acquisition. The Company has signed a purchase agreement to acquire Wisconsin-based Pacific Cycle…
Oakley Opens O-Store in Chile
Oakley opened the first licensed O Store outside the United States and discussed the company's plans for additional international Oakley retail locations. This latest addition to the company's expanding retail presence opened December 10, 2003 i
Footlocker Ups Guidance on Positive Comps
Matthew D. Serra, President and CEO of Foot Locker provided attendees at The Super Show in Orlando, Florida with a review of the Company's key profitable growth strategies. Mr. Serra also confirmed that the Company expects its fourth quarter comparab
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