SGB Executive Outdoor
Third Party Backs Out of Mossimo Bid
In October, Mossimo Acquisition Corp. deferred their planned tender offer for the outstanding shares of the Company's common stock to allow Mr. Giannulli and the Special Committee to consider an unsolicited proposal received from a third party indica
Veltec Taps Specialized Veteran for New Sales Staff
As part of its stated goal of bringing top management talent to the company, Veltec Sports announced that industry veteran Shara Christensen has left Specialized to manage Veltec’s growing sales staff for North America. She will report to Veltec Managing
SIA: Ski and Snowboard Pants and Jackets Excluded from 2006 Quotas
The United States and China announced an agreement today to limit imports of certain apparel products from China over the next three years. The agreement explicitly excludes ski and snowboard pants from any import restrictions. It also places no limits on
Pony to Outfit the Harlem Globetrotters
Pony International, LLC, announced that they have signed the legendary Harlem Globetrotters to an endorsement deal in which the entire team, staff, and tour will be outfitted by Pony footwear and apparel. The two entities will partner up to create a uniqu
Adams Golf Posts Q3 Loss on 7.0% Sales Decline
Adams Golf reported that total net sales for the three months ended September 30 decreased 7.0% to $10.2 million from $11.0 million for the comparable period of 2004.
The company posted a $404,000 operating loss for the 2005 quarter, compared to an oper
NRF: West Coast Railroad Congestion Causes Mild Concern
The nation’s major retail container ports are operating smoothly this month, but west coast railroad congestion is causing some delays moving away from the water, according to the November Port Tracker report released by the NRF and Global Insight. All We
Sport Chalet Posts 12.7% Q2 Sales Jump
Sport Chalet, Inc. announced sales increased 12.7% to $81.7 million for the fiscal second quarter ended September 30, 2005 from $72.5 million for the same period last year, with sales from five new stores contributing $6.9 million, or 10.7% of the increas
Sport-Haley in JV to Sell Top-Flite Apparel to Wal-Mart
Sport-Haley, Inc. and Explorer Gear USA, Inc., a California corporation have entered into a joint venture in order to manufacture and market Top-Flite branded apparel to Wal-Mart Stores, Inc. in the U.S. The joint venture is to be formed and operated as a
adidas Inks Three-Year Sponsorship Deal with UMASS
The University of Massachusetts Department of Athletics and adidas America have announced a three-year contract with 21 of UMass' 23 intercollegiate sports teams, through the 2008 fiscal year. adidas is the exclusive provider of all UMass uniforms, s
K2 Appoints Brass Eagle President
K2 Inc. announced the appointment of Gary Remensnyder as president of Brass Eagle, the worldwide leader of paintball markers, loaders, paintballs and accessories. Mr. Remensnyder, who has been senior vice president of sales & marketing of Shakespeare Fish
Timberland Acquires SmartWool in $82 Million Deal
The Timberland Company has signed a definitive agreement to acquire 100% of the outstanding stock of SmartWool Corporation, from RAF Industries, Inc. and the Stripes Group LLC. The purchase price is estimated to be approximately $82 million and will be f
TJX Companies Adds Lane to Board
The TJX Companies, Inc. elected Amy B. Lane to its Board of Directors. Ms. Lane was an investment banker for 25 years, specializing in the retail industry. She currently serves as the presiding director of Borders Group, Inc. and is a trustee at MFS Funds
Everlast Goes Scandinavian
Everlast Worldwide Inc. announced that Contrast APS, a new licensee partner for EVST, will introduce a series of Everlast-branded products to Denmark, Norway, Sweden, and Finland. The Denmark-based company will develop and sell Everlast sports bags, duffe
Forest Service Allows Off Road Vehicle Use
U.S. Department of Agriculture Forest Service announced a new regulation for recreational motor vehicle use in national forests and grasslands which will forge a sustainable system of routes and areas designated for motorized use in the future…
Dorel Posts Lower Sales on Sting-Ray Softness
Dorel Industries Inc. reported revenue for the third quarter ended September 30, 2005 of $423.3 million, down slightly from $433.8 million a year ago with strong revenue growth in the juvenile segment partially offset the lower sales of Sting-Ray bicycles