Outdoor Industry Foundation (OIF) released a new report – The Next Generation of Outdoor Participants Report — 2007. This new OIF report provides insight into changing participation trends in outdoor recreation and highlights the activities of the next g
Category: Outdoor
Industry Vendors See Q1 Profit Growth Lag Sales…
With the last of the first quarter reports now filed with the SEC, Sports Executive Weekly presents a wrap-up of industry public company results. SEW’s review shows healthy sales for the industry when looking at the overall market with sales increasing in
Early Softgoods Declines Plague Rest of NBA Season…
Though the NBA season finished with strong sales results, weakness early in the 2006/2007 season resulted in weak overall growth at retail when compared to the ‘05/’06 season. Overall sales of NBA licensed product grew in the low-singles, according to re
Ashworth Sees Sales and EDC Issues Impact Q2…
Ashworth, Inc. had a tough fiscal second quarter as sales decreases were compounded by a margin hit from the company’s Embroidery and Distribution Center being under-utilized. The company saw growth in its Gekko division as well as in its Outlet Stores. T
Luxottica Acquires Oakley in $2.1 Billion Deal…
In the second of two multi-billion dollar deals to hit the sporting goods industry this week (the first being the Finish Line-Genesco acquisition at $1.5 billion), the Luxottica Group will acquire Oakley for roughly $2.1 billion, or $29.30 per share. This
SGMA: Congress Continues PEP Support…
The U.S. Department of Education has awarded $44.5 million for 146 new PEP grants to schools and community-based organizations in 39 states, according to the SGMA. The balance of the PEP grant funds – roughly $28.5 million – is being distributed to existi
OBITUARY: Bill Cramer
Charles William (Bill) Cramer, chairman of the board of Cramer Products, Inc., passed away June 4th at the age of 86. He served as president of Cramer from 1973 – 1976, and also served the company as vice president of international sales and executive vic
World Kayak Organization Looks to Double Whitewater Participation in Five Years…
The newly formed World kayak Organization, backed by Jackson Kayaks, is looking to double whitewater kayaking participation in the next five years. The organization is doing this by creating a community hub at WorldKayak.com that focuses on news, recreati
Lafuma to Bring Oxbow to U.S.; Sees Own U.S. Growth Strong…
Later this year, the Lafuma Group will be bringing the French surf brand Oxbow across the Atlantic to the U.S. market. Heading up the effort, Oxbow’s key sponsored athlete, Laird Hamilton will take a 12% stake in the U.S. subsidiary. The main office and d
SSL Adds New Stockholders at Annual Board Meeting…
The Sports Specialists Limited Board voted in four new official stockholders, increasing the collective bargaining clout to $300 million, 150+ storefronts and 55 unique retailers across North America. Geiger’s Ski & Sport Haus from Chagrin, OH, owned by G
Yue Yuen Sees Balanced Growth Across Most Business Segments…
Yue Yuen Industrial Ltd, which manufactures footwear for many major athletic brands, saw its biggest growth come in its casual/outdoor footwear and sports sandals categories in its second quarter ended March 31. Overall Q2 revenues rose 11.9% to $944.5 mi
NSGA: Women’s Sports Participation Yields Surprising Results
The growth in women’s sports participation is not always where you expect it, according to data in the new NSGA Sports Participation reports. If one looks at the percent difference growth between the percent of females participating in sports and recreat
Joe’s Names Rep and Vendor of the Year
Joe’s Sports & Outdoor named manufacturer’s representative Scott Sims of HO Sports/Hyperlite as the company’s 2007 Manufacturer’s Representative of the Year and Columbia Sportswear of Portland, Oregon as its 2007 Vendor of the Year…
Upper Deck Makes Offer to Acquire Topps Company
The Upper Deck Company through its direct wholly-owned subsidiary, UD Company, Inc., is commencing a cash tender offer today for all of the issued and outstanding shares of The Topps Company, Inc. common stock, par value $.01 per share, at a price of $10.
Lululemon Q1 Comps Jump 20%; Net Income Up 11.3%
Lululemon Corp. reported that net revenue increased 58.9% to $44.8 million for the fiscal first quarter ended April 30, compared to $28.2 million for the first quarter of fiscal 2006. Comparable corporate store sales increased 20% for the period. Gross
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