Luen Thai, the Hong Kong based apparel manufacturer that recently announced a joint venture with Yue Yuen to focus on the global athletic apparel market, will float an IPO in efforts to raise approximately HK $680 million (US $72.2 million) to help fund n
Category: Outdoor
Hi-Tec Re-Branding is Right on Track…
Hi-Tec Sports has brought former Ecco Global Marketing Director, Tony Linfor on board as their own Group Marketing Director. The move is the latest step in Hi-Tec’s global re-branding effort that has been met with much success in both Europe and in the U
Axcent Sports Adds New Reps
Axcent Sports, the exclusive supplier of Descente Cycle, Run, Triathlon and Fitness apparel in the USA and Canada has added key sales reps in important territories over the last several weeks in preparation for its Spring 2005 product launch. Chris Watson
Trek, Maverick, and Pacific Settle Their Dispute
Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino
K2 Closes Marmot Deal; Completes Financing Actions
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd. The purchase price was approximately $84 million plus the assumption of debt. Additionally, K2 announced that it has completed several financing transactions to support curre
Datta Picks Up Entrpreneur of Year Award
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…
Sears to Test Schwinn Exercise Bikes
The Nautilus Group, Inc. is teaming up with Sears, Roebuck and Co. to begin a test of its Schwinn Fitness brand of cardiovascular equipment at select Sears locations nationwide. Nautilus will test market certain of its Schwinn fitness exercise bikes in 3
Deckers Inks License Deal for Ugg Sportswear
Deckers Outdoor Corporation has entered into a license agreement with David Peyser Sportswear, Inc. for the sale of UGG Australia branded outerwear in the United States. Under the terms of the agreement, David Peyser Sportswear, Inc. will design, manufact
Watershed Partners with Granger’s
Watershed USA has formed a new division with a wholly owned subsidiary, doing business as Axis Outdoor. Axis Outdoor will be responsible for the distribution, marketing, and brand management of the product side of Watershed’s business. Watershed USA will
Felt Racing Inks New Distribution Deals
Felt has selected five new international distributors to provide its bicycles and products to its ever-growing global customer base. Effective immediately, Felt products will be carried in Canada by Spaso Sports; Italy by Charlie Srl; New Zealand by Cycle
Wolverine Licenses Hush Puppy Name to Toy Manufacturer
Wolverine World Wide has signed a multi-year contract with Russ Berrie and Company, Inc. to manufacture and market Hush Puppies branded plush toys. The global license agreement will allow the Hush Puppies plush program to be available through the vast net
Nike Has a Good Day, But Great Quarter and Year…
“It is a good day today.” That statement by Charlie Denson, co-president of Nike Brand, in his prepared remarks on Thursday evening probably best summed up the upbeat mood on the Nike campus after releasing their most recent fiscal year-end and fourth q
Finish Line Sees Itself the “House of Shox”; Strong Q1 Performance Shocks No One…
The Finish Line expects to see the promotional landscape in the mall continue as they enter the Back-to-School period, but is also looking for some upside with the amount of athletic specialty retail real estate that has been taken out of the market and a
Dick’s Sporting Goods Acquires Galyans in Gutsy Move to Expand Faster…
If you were surprised by last Monday evening’s announcement regarding the Dick's Sporting Goods acquisition of Galyan’s Trading Company, you probably have not been reading between the lines (or SEW) for the last six months…
Cabela’s IPO Price Jump Puts an Extra 25% in their Quiver…
When Gander Mountain debuted its IPO in April SEW quipped that the management there should send some flowers to Ed Stack and his team for helping create the impression of a strong opportunity in sporting goods retail stocks. Well, we think the Cabela’s t
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