Cabela's Incorporated sold $60 million aggregate principal amount of its 6.08% senior notes due 2017 in a private placement to qualified institutional buyers. The company intends to use the proceeds from the offering for new retail store expansion, i
Category: Outdoor
Everlast Buyout Deal Sees More Opposition…
Galt Investments on Tuesday became the second stakeholder to say it will vote against Everlast Worldwide Inc.'s $146 million buyout offer because it believes the price for the boxing equipment maker is too low. Galt, which owns about four percent of
American Apparel Revenues Jump 24% in Q1…
American Apparel's Q1 sales climbed 24%, to $73.5 million from $59.3 million last year. Same-store sales rose 17%. Wholesale results were $35.3 million for the 2007 first quarter as compared to $35.5 million for the 2006 first quarter…
Nike and Brooks Settle Logo Lawsuit
Nike Inc. and Brooks Inc have settled a lawsuit over the logo used in its Tailwind collection. Bothell, Wash.-based shoemaker Brooks alleged the Tailwind logo was too similar to its own and filed a suit over trademark infringement and unfair competition.
Callaway Golf Sues Acushnet Parent Over Patents…
Callaway Golf Co. filed a lawsuit against Fortune Brands Inc. The complaint alleges that some of Fortune unit Acushnet Co.'s Titleist and Cobra brand drivers use “breakthrough” inventions patented by Callaway since 2002, according to a lawsuit filed
Bike Barn Expands Again…
Bike Barn which is touted as Houston's largest independently-owned bicycle dealer with five locations, has added a sixth location with the acquisition of ACME Bicycle Co. and its 15,000-square-foot retail center located in Katy, Tex. Terms of the de
Lafuma N.A. Growth Strong; Will Launch U.S. Oxbow Subsidiary
Lafuma has seen strong growth in the US Market with an increase in sales of 55% at the end of May 2007, surpassing the $6 million mark at the end of its fiscal year this October. Later this year, the Lafuma Group will be launching the French surf brand O
Ashworth Fiscal Q2 Income Falls on 9.3% Sales Decrease
Ashworth, Inc.'s second quarter ended April 30, 2007 consolidated net revenue decreased 9.3% to $59.9 million as compared to $66.0 million for the second quarter of 2006. The Company reported consolidated second quarter net loss of $2.5 million, or 1
SGMA Creates Solid Foundation for New Market…
In its inaugural incarnation, SGMA found its Spring Market to be a trade show that for the most part fulfilled attendee expectations for the present and filled hopes for the future. As a first show of a new concept it was seen by most as better than the
Conference Series Provides Focus for Key Issues…
SGMA hosted a journalist roundtable at the show with members of the “Don’t Take My Bat Away” coalition including Tom Cove, president and CEO of SGMA, Jim Darby, VP of promotions for Easton Sports, and Ari Fleischer, the former Bush Administration spokesma
Warrior Acquires MIA Sports…
Warrior Sports, a division of New Balance, has acquired Made In America Sports, a manufacturer of hockey gloves, sports bags, pant covers and accessories. MIA Sports, which is based in Montreal, Quebec, has approximately 23 employees, which are all expec
Lolë Inks Deal with Momentum Media
Lolë is partnering with Momentum Media PR, a Boston and Boulder-based public relations agency specializing in bringing outdoor and lifestyle brands to the forefront of their markets and mainstream media. Engaging public relations support marks a signific
180s Hires Two New Designers
180s hired two industry veterans to its product development team. Lonnie Drosihn will assume his post as 180s VP of Product Research and Development, and counterpart Roy Rodriguez-Armijos will begin work as senior product designer/developer…
Vail Resorts Promotes New General Counsel
Vail Resorts, Inc. announced that Fiona Arnold, most recently deputy general counsel of Vail Resorts, has been named the Company's new Senior Vice President and General Counsel. As general counsel, Arnold will oversee all legal affairs of the Company
Balega Names Account Marketing Coordinator
Balega International named Ashley Kelso as account marketing coordinator. In this newly created position, Ms. Kelso will spearhead Balega’s efforts on sales and marketing initiatives that spread the Balega message throughout the United States…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal