SGB Executive Outdoor
TNF Athlete to Attempt 5 Desert Crossings
The North Face announced The North Face Desert Grand Slam, in which The North Face Endurance athlete Dean Karnazes will attempt to complete the world’s five major desert foot races in a single calendar year. Three competitors will be attempting to be the
G-III Apparel Increases Revolving Credit Line
G-III Apparel Group, Ltd. announced it has increased its secured revolving credit line to a maximum borrowing level of $250 million compared to a maximum of $195 million under the prior loan agreement. Amounts available under the credit line are subject t
Cabela’s Increases Revolving Credit Facility
Cabela's Incorporated announced that pursuant to its existing credit agreement it has increased its revolving credit facility to $430 million from $325 million. The five-year credit facility, which expires June 30, 2012, is supported by a consortium
Broder Bros. Posts Loss
Broder Bros., Co. reported net sales in the fourth quarter slipped to $232.7 million compared to $240.9 million a year ago. Including a non-cash goodwill impairment charge of $87.3 million, the fourth quarter 2007 loss from operations was $85.9 million c
Beefed up OIA Lobbying Staff Sets ’09 Priorities
When asked about the single biggest obstacle to Outdoor Industry Association’s (OIA) public policy agenda this year, Todd Keller responds without hesitation:
“The election”…
Consultant Signs up Nine New Bike Dealers
The Biking Solution, a consulting firm that works with independent bicycle dealers, has added six new members and a total of ten locations in recent weeks. The company focuses on improving the profitability and quality of life for specialty bike retailers
Reebok Promotes O’Toole to CMO; Names Gabel as NA Prez
Reebok International Ltd. has promoted Matt O’Toole to chief marketing officer. O'Toole will be succeeded as president of Reebok North America by Jim Gabel, currently senior vice president of adidas America. O’Toole’s appointment is effective April 1
Fonte to Retire From Prince, Again
After coming out of retirement in the spring of 2005 to take a leadership role in the rebuilding of the Prince brand in the U.S., Doug Fonte will step away from the corner office, once again entering retirement. Fonte helped to rebuild the brand over the
DSW Reports Fourth Quarter Net Income Drop
DSW Inc. recorded net income of only $1.1 million for the thirteen-week fourth quarter ended February 2, 2008, down sharply from the year-ago net income of $16.6 million for that fourteen-week period. For the fifty-two week fiscal year ended February 2, 2
NBA Reports Top Ten Jerseys of Last Ten Years
To begin the celebration of its 10th anniversary, the NBA Store in New York City announced the ten most popular jerseys of the past 10 years, since the store opened on Sept. 18, 1998. The list is topped by Michael Jordan, Kobe Bryant and Allen Iverson. A
Nautilus Chairman Takes CEO Reigns
Nautilus Chairman Edward Bramson has assumed the additional duties of chief executive officer replacing Robert S. Falcone. Falcone has served as CEO since Aug. 13, 2007 when the board asked him to step in to run the company following the termination of th
Founder Leaves Teko as Private Investor Enters
Teko Founder and CEO Jim Heiden has left the company as part of a deal with a new investor, the performance sock maker said late Wednesday. The company said teko VP of Operations Owen Hammond had been named general manager in a move to ensure “a smooth ow
True Temper Q4 Sales Climb 22.1%
True Temper Sports, Inc. reported sales for the fourth quarter increased 22.1%, to $29.5 million from the $24.2 million recorded during the fourth quarter of 2006. Adjusted EBITDA for the fourth quarter increased over 100%, to $6.7 million from $3.2 milli
PolarMax/XGO Parent Hires National Sales Manager
Longworth Industries, parent company of PolarMAX and XGO brands of technical, base-layer apparel, has named Roger Maxey as national sales manager to lead its national sales force. As president of Performance Marketing, Maxey helped open up retail markets
Cabela’s Invades L.L. Bean Territory
New Englanders and New Yorkers driving up to L.L. Bean's flagship store in Freeport, Me will soon have to drive right past a brand new Cabela’s on the Maine Turnpike. Nebraska-based Cabela's said it will open a 125,000-square-foot store in Scarb
