SGB Executive Outdoor
K2 Inc. Boosts Bottom Line on Flat Sales
K2 Inc. posted essentially flat net sales for the second quarter of $301.1 million, compared to $301.4 million in the prior year quarter. Adjusted net income for the second quarter was $3.4 million, an increase of 47.8% from $2.3 million in the year-ago q
REI to Open Store in Fresno
Recreational Equipment, Inc. plans to open a store at The Shops at River Park in Fresno, Calif., in the spring of 2007. The two-story 26,000 square-foot store at North Blackstone and East Nees avenues off Route 41 will employ about 55 full- and part-time
Reebok Inks Deal with Scarlett Johansen for Footwear Line
Reebok has signed a multi-year partnership with one Scarlett Johansson to co-create Scarlett “Hearts” Rbk, a fashion-forward, athletic-inspired footwear and apparel signature collection debuting in spring 2007 at high-end department stores and boutiques a
RECALL: Lotus Designs Mildwater PFD
Lotus Designs, Inc., the paddling apparel manufacturer and an affiliate of Patagonia, Inc., is voluntarily recalling its Mildwater PFD. This style is also sold as the Fishing PFD and Patagonia Fishing Vest. The recall is issued due to the possibility that
Gramicci Hires Several New Faces
Gramicci hired several outdoor and apparel industry veterans in sales and customer service. Michael Donovan is the new western regional sales director. Treeline Sales will cover the western sales region. Rob Brown was hired to represent Gramicci's mo
InSport Restructures After Vital Apparel Acquisition
Local papers are reporting that InSport International plans to lay off 12 people. The layoffs come after the company was acquired by Vital Apparel last November and accounts for most of InSport's staff. Vital will shift distribution and several other
FESI Takes Action on Anti-Dumping Issue
The Federation of the European Sporting Goods Industries (FESI) issued a statement urging EU member states to agree on a solution for antidumping measures on footwear during the meeting of the Antidumping Committee in Brussels this week to re-establish ce
Blacks Leisure Comps Fell 1.0% Year-To-Date
At its Annual General Meeting, Blacks Leisure provided an update on its performance over the first 20 weeks of the current financial year. Total Group sales increased by 2.6%. Comp sales fell by 1.0% in the same period, (2005: -2.0%). The company stated t
Columbia Sees 5.9% Q1 Sales Increase
Columbia Sportswear Company posted first quarter net sales of $260.2 million, an increase of 5.9% over net sales of $245.7 million for the same period of 2005. The company reported net income for the first quarter of $19.5 million, an 8.5% decrease compar
The Outdoor Market is Going to the Dogs
Outdoor specialty retailers are constantly looking for new products to bring in store traffic. Nothing lifts sales receipts like a new product getting publicity in outdoor-oriented consumer magazines. Now, the time might be right to expand the traditional
Columbia Acquires Pacific Trail in Auction…
Columbia Sportswear Company won out over three other bidders in the London Fog Bankruptcy auction of the Pacific Trail group of brands with a bid of $20.4 million. There were only three other bidders involved in the process, Perry Ellis, Studio Ray, LLC,
Global Surf Industries Partners with Stoked Mentoring
Global Surf Industries (GSI) has announced a partnership with Stoked Mentoring, an action sports organization whose mission is to bring together “at-risk” youth with professional adults to learn a new, non traditional sport. Stoked Mentoring is a unique
Fortune Brands Golf Revenues Generated Primarily in U.S.
Fortune Brands golf division netted $1.3 billion in sales in 2005, with 70% of that originating in the U.S. market. Sales of Titleist and Pinnacle golf balls accounted for roughly 40% of sales while sales of clubs accounted for 30%. Shoes, outerwear and a
Dickson Concepts Subsidiary to Acquire Tommy Hilfiger Asia
Castlereagh, a wholly-owned subsidiary of Dickson Concepts, is proposing to acquire Tommy Hilfiger Asia Pacific Limited (THAP). The consideration payable by Castlereagh for the THAP Acquisition is HK$396 million, which was determined after arm’s length ne
Athlete’s Foot’s Sees Strong Australian Performance
In a letter to investors, Julia King, executive chairman of Australian company Retail Cube, noted that 2005/6 had been a disappointing year, but that the company's The Athlete's Foot division had delivered a “stellar performance” with year on ye
