TheDeal.com is reporting that both Marmot Mountain Ltd. and Spyder Active Sports are shopping for new owners. J.P. Morgan Chase and Co. has reportedly been retained by Marmot’s management to solicit potential buyers, while Spyder has retained the joint s
Category: Outdoor
Smith Optics Appoints Regional Sales Managers
Smith Optics has hired Brian Cotsonas as the company’s East Coast regional sales manager. Cotsonas most recently worked as the East Coast sales manager for Eyeking/Hobie Polarized Sunglasses. Linda Rodney, who has worked at Smith for several years overs
Pacific Cycles Fitting in Nicely at Dorel; Posts 50% of Company Sales Gain…
Total revenues at Dorel for the first quarter of 2004 were up 41.5% to $391.8 million, compared to $276.9 million. Net earnings for the quarter were $19.6 million or 60 cents per share, compared to 19.2 million or 60 cents per share for the first quarter
Schutt Sports to Sponsor Texas Football Coaches Association
Schutt Sports has agreed to a platinum sponsorship with the Texas High School Coaches Association for 2004-2005. The partnership recognizes Schutt as the “Official Football Helmet of the Texas High School Coaches Association”. The THSCA consists of high
Rocky Gets Military Lift; Swings to Q1 Profit for First Time in Six Years…
Rocky Shoes and Boots first quarter sales reached a new high this year, jumping 59.1% from $13.8 million last year to 21.9 million this year. Gross margins improved by 50 basis points, from 25.2% last year to 25.7% for Q1 2004. SG&A expenses were $5.3 mil
West Coast Novelty Appoints New Sales Managers
West Coast Novelty Corp. is pleased to announce that Larry Burstein, CEO of the Frank Sussman Company, and Evan Burstein, National Sales Manager of the Frank Sussman Company, have joined the WCN management team. Larry Burstein will act in the capacity of
Smith Restructures U.S. Sales Team
Smith Optics has hired Brian Cotsonas as the company’s East Coast regional sales manager. Linda Rodney, who has worked at Smith for several years overseeing national sales, will become the Central regional sales manager and will handle a majority of Smith
The Wait is Over; Footaction Sale to Go Through
Footstar announced the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act in connection with its proposed sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to
High Gear Lands New Rocky Mtn. Reps
Clay Hardin, vice president of sales for HighGear, recently announced the appointment of Kim Miller and Jack Tackle as regional sales and marketing representatives for the company's Rocky Mountain territory. Veterans of the outdoor industry, both Mil
Jetboil Wins ‘Gear of the Year’ Award
Jetboil Inc has received Outside magazine’s “Gear of the Year” award. In the magazine’s 2004 annual Buyer’s Guide, Jetboil is applauded for its convenience, speed, and efficiency, bringing liquid to a boil in about one minute…
OIF Sponsors ‘Get Fit with US’ Event
Outdoor Industry Foundation is the lead sponsor of the first Get Fit With US event to take place in St. Paul, Minnesota on June 5, 2004. The event, which coincides with National Trails Day, will launch an initiative developed by federal agencies t
SNL Adds Boeckermann as Newest Account Exec.
SNL Communications has hired Dawn Boeckermann as the company’s newest Account Executive. Boeckermann’s primary focus will be on the action sports market, developing new business and working with existing clients to build and execute strategic public relat
Wanted: New Owner for Yet Another Venerable Sporting Goods Brand
Huffy Corporation has retained Lazard Freres & Co. LLC to advise the company on financing and strategic alternatives, “including the sale of the Company or of product segments within the Company”. With higher than anticipated costs associated with the re
Indigo Expands Sales Force
Indigo Equipment has hired three new sales representatives to cover the Rockies and Midwest territories for the growing Indigo brand, the company announced this week. Steve Srednick and Bobbi Bensman will represent Indigo in the Rockies, and Bill Gange wi
Ritchey Hires New Retail Sales Manager
Ritchey has hired Pat Smith as Retail Sales Manager to manage its independent sales force that serves direct sales to retailers. Ritchey sales have increased at a rapid rate, chiefly due to Break-Away Bike sales and multiple product releases in the past 7
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