SGB Executive Outdoor
Report: Herz Sibs Get Okay for Majority Stake in Puma
Forbes.com is reporting this morning that Germany's Cartel Office has approved plans by Gunter and Daniela Herz to take a majority stake in Puma. The billionaire siblings have been the biggest shareholders in the German sportswear company, holding a
Pacific Sunwear Moving Merchant Role to Divisions; Harmon to Exit
Pacific Sunwear of California Inc. announced that Tim Harmon will be retiring from the company after almost 14 years of service, most recently as president and chief merchandising officer. Harmon's merchandising duties will be assumed by the company&
Sew Cal Logo Acquires Action Shirts
Sew Cal Logo, Inc., a Southern California-based film wardrobe, hat, and surf wear manufacturing company, has acquired the assets of Action Shirts for cash and stock. The company, also known as “Hangtime,” has been a Huntington Beach icon since 1978…
The Great Malls of China…
The International Herald Tribune is reporting that the retail environment in China is not growing steadily, but rather it is growing in leaps and bounds with new “mega-malls” opening at a rapid rate. Apparently, by the year 2010 seven of the world’s ten l
Exel Sustains Nordic Walking Funding…
Exel’s efforts at expanding the Nordic Walking market internationally have not yet shown an any dividends, but the company stated that it will continue to invest in this emerging market in both North America and China. The Finnish company’s Q1 interim rep
Lapierre and Accell Land on U.S. Soil…
Lapierre Cycles, a member of Accell Group, opened a branch office in North America, and plans on distributing a complete line of road and mountain bikes starting in October 2005 at Interbike. After an investigative trip to the States in April for the Sea
Lafuma Takes Control of Oxbow…
Lafuma has completed its initial acquisition of Oxbow from the majority shareholder, Teahupoo, gaining 63.7% ownership of the company. Lafuma will now submit a draft standing offer at a price of €10.75 per OXBOW share cum-dividend and as a result OXBOW’s
Merrell Inks Footwear Licensing Deal with Patagonia…
Patagonia and Wolverine World Wide have inked a licensing agreement under which WWW’s Merrell brand will design, manufacture and market under the Patagonia name with rights to Water Girl and Lotus Designs. The first product line is expected at retail in s
Scott Kaier Joins Pale Morning Media
After months of courtship and waffling, Pale Morning Media LLC is pleased to announce the arrival of Scott Kaier as a full-time staff addition. A veteran of the outdoor retailing arena with more than eight years of floor and management experience, Kaier b
Oakley Adds Two to Board of Directors
Oakley, Inc. announced that on June 3, 2005, Greg Trojan and Colombe Nicholas were added to the company's Board of Directors. Mr. Trojan currently serves as the CEO of House of Blues (HOB) Entertainment and its divisions and Ms. Nicholas, former pre
Brown Shoe Co. on Major Naturalizer Restructuring
Brown Shoe Company, Inc. announced a series of moves to further strengthen its flagship Naturalizer brand. Brown will close approximately 80 underperforming stores – 60 in the United States and 20 in Canada — in addition to the ten closed in the first q
Patagonia and Merrell Ink Licensing Agreement
Patagonia and Wolverine World Wide's Merrell footwear brand have entered into a long-term global license agreement to produce Patagonia footwear. The first product line is expected at retail in spring 2007. Under the agreement, Merrell will design, m
Conservation Aliance Launches New Phase with Money from Keen Grant
Sixteen years ago, a group of outdoor business leaders began the Conservation Alliance. Since then, the Alliance has grown into a unique funding source for grassroots conservation groups as the only environmental grantmaker whose funds come from the non-m
Lotto 2004 Sales Increase Slightly in Challenging Environment
Sales of Lotto brand products around the world ended 2004 at €256 million ($318.4 mm), up slightly from the sales figures posted in 2003 of €255 million ($336.8 mm). The Mediterranean area gave the strongest performance in terms of proportion of sales: th
Quiksilver Second Quarter Income Jumps 25% with 32% Sales Gain
Quiksilver's consolidated net revenues for the second quarter of fiscal 2005 increased 32% to $426.9 million as compared to fiscal 2004 second quarter consolidated net revenues of $322.6 million. Consolidated net income for the second quarter of fisc
