Golite has been stepping up their efforts in the bicycle industry, and has inked three new licensing deals for sublimated jerseys for the 2005 product season. The company launched their first cycling apparel line at Interbike 2003, and quickly realized th
Category: Outdoor
Sporting Goods Real Estate Moves…
Scheels All Sports has reportedly accelerated construction of its new 265,000 sf flagship store and corporate headquarters in Fargo, North Dakota, due primarily to a strengthening economy. Work on the $32 million project was to begin in a year, but will
Herbst to Retire from Arc’Teryx CEO Post
Tom Herbst will resign as CEO at ARC’TERYX Equipment Inc. effective January 31, 2005. Herbst, most of whose 30+ years in the outdoor industry were at the helm of Mountain Equipment Co-op, joined ARC’TERYX as a shareholder and adviser in 1998. He became
Accell Acquires German Bike Parts Distributor
Accell Group N.V. has signed a letter of intent for the acquisition of Julius Holz GmbH & Co. KG in Munich, a firm trading in bicycles, bicycle parts and bicycle accessories. After the acquisition of Juncker B.V. and Van Buuren & Co. B.V. in The Netherlan
Backcountry.com and The F.S. Utah Avalanche Center Create Education Program
The Forest Service Utah Avalanche Center will partner with Backcountry.com to develop a first-of-its-kind avalanche safety campaign specifically developed for and targeted to school-age children in Utah. Called “Know Before You Go”, the one hour educatio
Scott USA Names New Senior Designer
SCOTT USA welcomes Jeremy “Jerms” Lanningham to the Art Department as a Senior Designer. With the addition of Jerms, the Art Department now consists of four key individuals committed to growing the Scott brand worldwide. Jerms will work closely with all
Deckers Inks Ugg Licensing Agreement with Fownes Brothers
Deckers Outdoor Corporation has entered into a license agreement with Fownes Brothers, Inc. for the sale of UGG Australia branded cold weather accessories in the United States. Under the terms of the agreement, Fownes Brothers, Inc. will design, manufactu
Vail Resorts Mtn. Revenue Grows 7.8% in FY 2004
Vail Resorts' Mountain revenue for the fiscal year ended July 31, 2004 was $500.4 million, a $36.3 million, or 7.8%, increase from $464.1 million for the comparable period last year. Mountain expense increased $2.5 million, or 0.7%, to $369.0 millio
Collegiate Pacific to Sees Shift in Kesslers Deal
Collegiate Pacific on Thursday stated that its shareholder equity will increase by $7.25 million due to a change in a guarantee provision in the comapny's acquisition of Kesslers Team Sports. The Dickman family – previous owners of Kessler Team Spor
Fenway Completes Merger of Bell and Riddell
Fenway Partners, Inc., a leading private equity firm with investments in the middle market, has announced that it has completed its acquisition of Bell Sports Corporation, combining it with Riddell Sports Group, which Fenway purchased in June of 2003. The
adidas Continues Building NBA Roster; Inks Billups
Detroit Piston's guard Chauncey Billups and adidas have reached a multi-year partnership agreement. Terms of the deal were not revealed.
Billabong Acquires Palmers Surf Company; Enters Footwear Business
Billabong International Limited has acquired Kustom surf shoes as part of the purchase of Palmers Surf company. The transaction includes the purchase of the 15-year-old Palmers surf wax and surf accessories business, as well as the four-year-old Kustom s
Billabong International Appoints New CFO
Billabong International Limited has appointed Craig White as the company’s chief financial officer. Mr White is currently the division finance director, South Pacific and Korea Division, for The Coca-Cola Company. The appointment is effective from Novem
Specialized Recalling Bikes with Faulty Handlebars
Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of Allez Sport, Allez Elite, Roubaix, and Sequoia Bicycles due to a handlebar problem. The handlebar may loosen and turn unexpect
Full Speed Ahead Recalls Quick Release Sets
Full Speed Ahead, Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced the recall of roughly 1,375 sets of Full Speed Ahead (FSA) Scatto bicycle wheel quick releases. There have been 12 reports of the quick release mechani
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