SGB Executive Outdoor

Obituary — Jim O’Brien

Jim O’Brien, founder of O’Brien & Associates, in Detroit, Michigan, passed away April 12 after battling numerous illnesses over the last few years. He was 75 years old.
Mr. O'Brien founded the agency over 35 years ago, covering the Midwest territory.

Reebok Walks Away from Roddick, But Wait… There’s More…

Reebok International on Friday confirmed that the company will not re-sign Andy Roddick when his contract expires on May 1, saying the decision came about after assessing what was “best for the business.” Roddick is rumored to be close to a deal with Lac

Mr. Mossimo Wants His Company Back…

Mossimo Giannulli is making a bid to buy back the 35% of his company that is currently outstanding in publicly held shares. He is offering $4.00 per share in cash, representing a 20% premium to the closing price of the company's common stock when th

Quadriga Acquires Jack Wolfskin…

Funds advised by Bain Capital have sold all shares of Jack Wolfskin to private equity firm Quadriga Capital. Jack Wolfskin’s top management will continue to hold a considerable, but minority, part of the shares. No financial details were disclosed, but J

Retail Execs Stay Upbeat in March…

After a nice retail rebound in February, Retail Executives apparently kept their upbeat attitude in March as an early Easter promised to give them a lift versus the year-ago period. Still, the holiday lift for the month only brought the execs’ outlook fl

Serial Acquirer Alert: Quiksilver Nabs Aussie Retailer…

Quiksilver has been on quite the acquisition tear recently, expanding both their wholesale division through the Rossignol deal reported last month, and now their retail division through the acquisition of Surfection. Surfection has been operating in Austr

March Retail Gets an Easter Boost, But…

March was a month that both giveth and taketh away this year as the upside benefits expected by many due to the earliest Easter in 16 years were offset by the wicked winter weather in much of the northern tier of the country. While the early holiday, whi

Hus Joins Titus Cycles as CEO

Pat Hus has been hired as the Chief Executive Officer for Titus Cycles, joining Chris Cocalis as President. Prior to coming to Titus, Hus was the Vice President of Sales and Marketing at the American Bicycle Group, owners of Litespeed, Quintana Roo, and M

Riddell Bell Holdings Posts Loss for 2004

Riddell Bell Holdings, Inc. reported net sales for 2004 increased 52.6% to $165.9 million, as compared to $108.7 million for 2003 on a pro forma basis. Approximately $47.5 million of the increase was a result of acquisitions including $45.4 million relate

Big 5 to Appeal Delisting Action by Nasdaq

Big 5 Sporting Goods Corporation reported late Friday that it received a notice that it is subject to delisting from the Nasdaq National Market due to the delayed filing of its Annual Report on Form 10-K with the SEC. Commencing Monday, April 11, Big 5 s

AND 1 Acquires Footwear License for Triple Five Soul

Seth Berger, CEO of basketball footwear and apparel company AND 1, announced the company’s first footwear license acquisition, Triple Five Soul. AND 1 will be handling the design, sales and marketing of the footwear for the Brooklyn-based lifestyle appar

Gander Boosts Net Income on SEC Clarification

Gander Mountain announced revisions to the fiscal 2004 financial results reported on March 11, 2005, and to the restated fiscal 2003 results reported on that date. Net income for fiscal 2004 increased to $1.6 million from $0.8 million as previously report

Exercise Walking Still Number One According to NSGA

Fueled by 4% growth in 2004, exercise walking, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held for more than a decade. Data contained in NSGA’s annual “Sports Participation – Seri