Most of the key stories featured in the annual Sports Executive Weekly year in review issues over the last five years have been centered around mergers & acquisitions as the market consolidated and private equity firms, flush with cash, found companies in
Category: Outdoor
Zumiez Cuts Guidance on Slow December Comps Growth
Zumiez Inc. reported a 3.9% increase in same-store sales for the five-week fiscal December period. The gain comes on top of an 11.5% jump for the year-ago month. Total net sales for the month increased 15.3% to $72.0 million, compared to $62.5 million las
Sport Supply Expects Q2 to Beat Plan
Sport Supply Group, Inc. said it expects it will exceed current analyst consensus revenue and EPS estimates and produce a profitable second quarter. The team sports manufacturer and distributor, based in Dallas, also announced a program to repurchase of u
Mammut Expands Sales Force in Canada and Western U.S.
Mammut Sports Group USA announced two new additions to the company’s growing sales force. Mark Freeborn will join the sales team as territory manager, with sole dedication to Mammut for all of Canada. The brand has divided its Southwest sales territory, a
Fleet Feet/Balega International Partner to Assist African School
Fleet Feet, Inc. and Balega International said a partnership between the two raised enough money in 2007 to purchase a much needed handicapped-accessible bus for a South African school for physically disabled and visually impaired children…
adidas, Reusch, Brine and Eurosport Win Soccer Awards
adidas, Reusch, Brine and Eurosport were winners of the best soccer products from AVID Soccer Equipment Review. Reviewers also said Puma, Kelme, Lotto, Umbro, and Nike all improved on existing models…
Pacific Sunwear to Close Remaining demo Stores
Pacific Sunwear of California, Inc. plans to close its remaining 154 demo stores. The company expects to incur aggregate pre-tax charges in the range of approximately $35 million to $50 million for anticipated lease terminations, employee severance charge
Woolrich Closing Bottled Water Operation
Just two years after launching the effort, Woolrich plans to cease production of its bottled spring water business to better focus on its core businesses. Woolrich President Jim Griggs told The Express in Lock Haven, PA, “We don’t feel it is in our best i
ispo Appoints New Head of Marketing and Communications
Susanne Fischer has been appointed at the new Head of the Marketing and Communications Department for the ispo Group and inhorgenta europe. In her new position, Susanne Fischer will be looking after all events of the “ispo” sports equipment and fashion fa
The Finish Line Q3 Loss Grows on Sales Decline; Genesco Fees
The Finish Line, Inc. recorded a net loss from continuing operations of $13.8 million, or 29 cents per diluted share for the third quarter ended December 1, 2007. The quarterly loss widened from a net loss from continuing operations of $1.8 million, or 4
ForeFront Receives Equity Infusion
ForeFront Holdings has entered into agreements to receive an equity infusion in an amount equal to $12 million from Stanford International Bank, an affiliate of Stanford Venture Capital Holdings that currently holds approximately 80 percent of Forefront&#
Base Camp Names Social Media Director
Base Camp Communications hired Kendall Card as director of social media. The P.R. agency said Card would head up its social media, social networking, word-of-mouth and online community initiatives. Card will oversee blogging, vlogging and podcasting, as w
Stanwood and Partners Sold
Carmichael Lynch Spong, based in Minneapolis, announced its purchase of Stanwood & Partners, a Wyoming-based public relations firm that represents several outdoor companies. Carson Stanwood, president of Stanwood & Partners, will be principal and chair of
Lance Armstrong Enters Boston Marathon
Lance Armstrong, the seven-time Tour de France champion, has entered the 2008 Boston Marathon, the Boston Athletic Association announced Jan. 17. Armstrong qualified for the Boston Marathon with a 2:46:43 finish at the 2007 ING New York City Marathon…
Walking Co. Closes Natural Comfort Acquisition
The Walking Company closed its acquisition of substantially all the assets of Natural Comfort Footwear, Inc. effective Jan. 15. Natural Comfort, an independent comfort shoe retailer in Florida, has eight stores operating under the names Natural Comfort an
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