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