SGB Executive Outdoor
Amer Q1 Sales Down 9%; Loss Widens
Amer Sports net sales in the first quarter decreased 9% to €381.8 million ($500.3 mm) from €417.4 million ($501.9 mm) in 2006. Net sales declined by 4% in local currency terms. Net sales by business segment were as follows: Salomon 29%, Wilson 43%, Precor
Jarden Corp. to Acquire K2 Inc. for $1.2 Billion
Jarden Corporation and K2 Inc. have signed a definitive merger agreement pursuant to which Jarden will acquire K2. Under the terms of the agreement, Jarden will pay $10.85 per share of K2 common stock in cash and will issue 0.1086 of a share of Jarden com
Altus Names Director of Marketing/Product Development
Altus Athletic, a leading manufacturer of personal fitness equipment, appointed John Hetzel as Director of Marketing and Product Development.. He was recently with Sportcraft as Director of Marketing managing the Recreational Products Division and was pre
OutDoor Show Boosts Accomodations with Caravan City
In order to increase overnight accommodations, a caravan city will be set up this summer on the OutDoor exhibition grounds in Friedrichshafen, Germany. This “hotel on wheels” is called Hymer-City. During the two international trade fairs, OutDoor and EURO
EMS to Donate 1% of ‘Upgrade Your Gear’ Sale Proceeds
Eastern Mountain Sports is partnering with the Conservation Alliance and the Access Fund by donating 1% of all proceeds from its semi-annual “Upgrade Your Gear” sale at all store locations April 20 – 22, 2007. The proceeds will be divided equally between
Spalding Launches Mobile Campaign for Never Flat
Spalding is supporting Never Flat basketball technology with its first mobile marketing effort dubbed, “Ask Me,” via KSL Media, New York. Consumers texting basketball-related questions via cell phones to “Ask Me 27563” will be entered into a contest to wi
Ashworth Adds to Board
Ashworth, Inc. appointed Eric S. Salus to serve as a director on the company's board of directors, effective April 16, 2007. In accordance with Ashworth's Bylaws, Mr. Salus will stand for election at the company's 2007 Annual Meeting of Sto
Shoe Pavilion Sees Q1 Comps Gain; Expects Widened Loss
Shoe Pavilion, Inc. reported that net sales for the first quarter totaled $36.2 million while comparable store sales increased by 7.8%. The company said it expects a net loss for the first quarter of approximately $1.2 million to $1.3 million, or a loss o
Oakley Posts 31% Q1 Sales Jump; Net Follows
Oakley, Inc. reported first quarter net sales of $199.2 million, an increase of 31.3% from $151.7 million in the same period of 2006. First quarter net income jumped to $5.7 million, or 8 cents per diluted share, from $1.9 million, or 3 cents per diluted
IMBA Adds Development Director
Concluding a national search, International Mountain Bicycling Association (IMBA) has selected Richard Cook as its new development director. An active figure in the outdoor industry, Cook has worked with several sports oriented organizations over his care
Nautilus Signs India Health Center Supply Deal
Nautilus, Inc. has been awarded an exclusive supply agreement with Talwalkars, one of India's largest chain of health centers. The exclusive partnership involves outfitting 20 health and fitness centers in 2007, with another 80 planned in major retai
Phoenix Footwear Names Taylor as CEO
Phoenix Footwear Group, Inc. named Cathy B. Taylor as CEO, effective April 23, 2007. James Riedman, who serves as Phoenix's Chairman of the Board of Directors and since May 2006, as Phoenix's interim CEO will continue in his role as Chairman…
Payless Adds EVP/COO to Executive Team
Payless ShoeSource hired Bill May as executive vice president and chief operating officer, a new position reporting to Matt Rubel, chief executive officer and president. As EVP and COO, May will lead the finance, store development and IT functions for the
Zumiez March Comps Jump 17%
Zumiez Inc. reported a 53.7% increase in sales for the month of March to $28.3 million from $18.4 million for the same period last yaer. The company's comparable store sales increased 17.0% for the five-week period, on top of a comparable store sales
NGF: 2007 Rounds Played Well Below Prior Levels
According to the National Golf Foundation, golf rounds played for the YTD period through February 2007 were down 15.8% on a same-store basis, the weakest performance in three years for the same time period. In 2006, rounds were up 15.4% through February v