SGB Executive Outdoor
OIA Applauds Senators’ Work to Keep LWCF Alive…
Created in 1964, the LWCF Act directed $900 million per year to create and protect America’s parks, forests, and wildlife refuges. Earlier this year, both the House and the Bush Administration advocated zeroing out the program. However, The Senate Interio
Garmin Sees More Success in Outdoor Electronics in Second Quarter…
Garmin seems to have recovered from the raw material supply issues it experienced over the past two quarters with increased sales, margins, and profitability during the second quarter. The consumer segment, which includes outdoor and fitness oriented GPS
Johnson Outdoors Provides Insight Into Watercraft Future…
Johnson Outdoors hosted their Annual Meeting of Shareholders, celebrating the company's 35th anniversary. During the meeting, company chairman and CEO, Helen Johnson-Leipold shared her vision for the company’s future and remarked on some recent miles
Exel Invests Heavily in Nordic Walking Expansion…
The Exel group’s sport division, one of the primary drivers behind the Nordic walking movement in Europe and the U.S., reported a steady first half performance with sales climbing 2.2% to €19.0 million compared to €18.6 million last year. However, investm
The Friedrichshafen OutDoor Show: First Impressions…
With the OutDoor show in Friedrichshafen, Germany edging in three weeks before Outdoor Retailer Summer Market, a number of U.S. buyers and journalists showed up to get a sneak peek at the newest gear before the “official” launch in North America at the Ou
Specialized and Supergo Agree to Disagree and Terminate Relationship…
Specialized and Supergo bike shops announced Friday that they had reached an “amicable agreement” to terminate their relationship. The action comes after almost a year of discussion and negotiation. Supergo will sell the remainder of its inventories of
Skechers Sees Continued Momentum; Raises Third Quarter Guidance…
Skechers USA, Inc. certainly looks as though its multi-brand strategy is starting to pay dividends as second quarter sales and earnings growth easily outpaced expectations on Wall Street. Consolidated net sales increased 12.5% to $263.9 million in the se
Dick’s SG Gets $10.85 Million from Pennsylvania for Expansion Effort
Pennsylvania Governor Ed Rendell presented a $10.85 million check to Edward Stack, chairman and CEO of Dick's Sporting Goods, for the expansion of the company's corporate headquarters in Findlay Township outside of Pittsburgh. At least 700 new j
Oakley and Motorola Launch RAZRWire
Motorola, Inc. and Oakley, Inc. announced the expected availability of RAZRWIRE Bluetooth eyewear in early August. RAZRWIRE is armed with Motorola's third generation Bluetooth technology and supports Bluetooth RF protocol 1.1 and 1.2 ensuring compati
Element 21 Names Curry VP of Sales
Element 21 Golf Company has recently added Jack Curry as VP of sales. Jack is a thirty-year veteran with a successful management history of upwards $50 million in annual sales, and profound expertise in the Golf and Sporting Goods industries. In the past
Recall: VisionTech USA Aero Bars
The U.S. Consumer Product Safety Commission, in
cooperation with VisionTech USA, Inc., announced a voluntary recall of about 280 of the VisionTech USA SuperMax, TriMax, TriMax Plus and Pro model Integrated Bicycle Aero Bars. Consumers should stop using re
Huffy Corp. Files Re-Org Plan…
Huffy Corp. has filed its proposed Plan of Reorganization and related Disclosure Statement with the U.S. Bankruptcy Court, planning to emerge as a private entity focused on its Huffy Bicycle, Tommy Armour Golf, and Ram Golf brands. While the efforts of a
Phil Knight Sets Sight on Expanding His Entertainment Businesses…
Nike Inc. founder and chairman Phil Knight last week announced a new entertainment and media venture called Laika Entertainment. The new entity will absorb Vinton Studios, which Knight acquired in September 2003…
Quiksilver to Re-Open Rossignol Tender Offer; Raises $400 Million in Note Sale…
Quiksilver, Inc. has successfully completed its tender offer for the outstanding share capital of Skis Rossignol S.A., acquiring approximately 6.0 million shares during the offering period for €19.00 per share. Upon the anticipated closing of the transac
The Sportsman’s Guide Will Again Beat Street Estimates…
For the third quarter in a row, the Sportsman's Guide, Inc. announced that its originally released guidance needed to be raised, an action that sent shares up 24% for the week to close at $22.30 on Friday.
SGDE reported that net sales for the secon