SGB Executive Outdoor
Execute Sports Q1 Loss Widens on Lower Margins
Execute Sports, Inc. net sales for the first quarter ended March 31, 2006 were $595,534 compared to $639,610 last year, representing a $44,076, or 7% decrease. The three month year-over-year decrease is due to the discontinuation of its motocross business
Thule to Acquire Three Brands Worth $240 Million
Thule will acquire Brink International BV, Valley Industries, and SportRack Accessories, all subsidiaries of US based Advanced Accessory Systems (AAS). Brink and Valley are leading European and North American players for towbars while Canadian SportRack
GBMI Promotes Lemere and Nakamura to New VP Roles
Global Brand Marketing Inc. appointed Todd Lemere to Vice President of International Operations. Lemere has worked in many different divisions at GBMI, including Marketing, Operations, Business Development and International. In addition, GBMI has promoted
Zumiez Posts Q1 Profit on 19.7% Comps
Zumiez Inc. total net sales for the first quarter ended April 29, 2006 increased by 43.2% to $47.8 million from $33.4 million reported in the first quarter of the prior fiscal year. The company posted net income for the quarter of $1.1 million or four cen
Retailers Help Smith Optics Make the Next Move
Last month, Smith Optics held its annual Dealer Advisory Board Meeting with key retailers from different channels of trade. The Dealer Advisory Board provided strategic input to all aspects of the company then enjoyed a day of snowboarding/skiing in Sun
Easton-Bell Q1 Sales Jump 27.4%
Easton-Bell Sports posted net sales for the first quarter of $111.2 million, a 27.4% jump from sales of $87.2 million last year. Team Sports first quarter net sales increased 67.3% to $45.7 million from $28.2 million. This increase is primarily attributab
Foot Locker Sees Weakness in Europe Slows Bottom Line Growth
Foot Locker, Inc. posted net income of $59 million for the first quarter ended April 29, 2006, up 2.1% from net income of $58 million for the year-ago period. Earnings per share reflected the net increase at 38 cents per share, up a penny from 37 cents f
Cybex Prices Secondary Offering
Cybex International, Inc. priced a secondary offering of 3.5 million shares of common stock at $5.50 per share. Of the total shares being offered, 1.75 million shares will be issued by CYBEX and 1.75 million shares will be sold by the selling stockholders
Nike Loses South American Converse Contract Dispute
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay and Uruguay.
Zumiez Acquires Fast Forward Chain
Zumiez Inc. has signed a definitive agreement to acquire Fast Forward, an action sports retailer with 19 stores and a web presence. Of the 19 stores, 16 are in Texas, with one store in California and two stores in Oklahoma. Zumiez will fund the acquisitio
Golf Manufacturers Continue Fight Against Counterfeits
Following a request by the U.S. Golf Manufacturers Anti-Counterfeiting Working Group, Chinese law enforcement officials have raided four factories and three warehouses involved in the production and distribution of counterfeit golf clubs and equipment in
Escalade Sports Acquires Carolina Archery Products
Escalade, Incorporated's wholly owned subsidiary, Escalade Sports, acquired substantially all of the assets of Carolina Archery Products. Carolina Archery Products is based in Hillsborough, North Carolina and is best known for its patented Whisker Bi
Smooth Fitness Hires New COO
Smooth Fitness has hired Marc Cerceo as the company’s COO. Cerceo most recently held the same position with Pat Croce and Company. Previously, he was CEO of the Philadelphia chapter of the American Red Cross. Cerceo brings more than two decades of experie
OIWC Seeks Nominations for First Ascent Award
The Outdoor Industries Women’s Coalition (OIWC) is seeking nominations for the second annual OIWC First Ascent Award. This award recognizes a woman new to the industry who demonstrates strong potential for leadership. The winner will be rewarded with a sc
Phoenix Footwear CEO Resigns
Phoenix Footwear Group, Inc. has accepted the resignation of President and Chief Executive Officer, Rick White. Mr. White is departing to pursue entrepreneurial interests, but has agreed to consult with Phoenix Footwear during a leadership transition peri
