SGB Executive Outdoor
Gander Expands Credit Facility by $50 Million
Gander Mountain Company announced that it has expanded its credit facility with Fleet Retail Group, LLC, a Bank of America company. The facility was increased from $225 million to $275 million as permitted under the terms of the agreement, which was signe
Congressman Proposes Sale of 15 National Parks; OIA and Sierra Club Opposed
Frank Hugelmeyer, President of Outdoor Industry Association and Carl Pope, Sierra Club Executive Director
both isssued seperate statements in response to Representative Pombo’s (R, 11th-CA) proposed legislation to sell off 15 National Parks for commercial
Seattle Sports Enters Bike Market
With over 20 years knowledge and experience in creating dry bags, Seattle Sports is taking their dry bag expertise and introducing it to the cycling market. With their main offices in Seattle, a city that has been voted by Bicycling Magazine as one of th
Axcent Sports to Bring Descente Run and Bike Apparel to Europe
Axcent Sports, the exclusive supplier of Descente cycle, run, triathlon and fitness apparel in the USA and Canada has been granted an extended license in the same categories for all of Europe including many non-EU nations, as well as Australia, New Zealan
Martinez Appointed to Deckers’ Board
Angel Martinez was appointed to the Deckers Outdoor Corporation Board of Directors, effective September 16, 2005. He had previously been appointed President and Chief Executive Officer on April 11, 2005…
Dragon hires Mike Tobia as Global Team Manager
Dragon Optical hired Mike Tobia as Global Team Manager for both Snow and Wake divisions. Mike joins Dragon fresh from a career as a professional snowboarder with an experienced background in marketing and communications…
Sports Chalet Shareholders Ratify Measures
Sport Chalet, Inc. announced the results of its annual meeting of stockholders held September 20, 2005. Shareholders approved a number of measures, including the election of three directors, an increase in the number of outstanding shares and the creation
European Footwear Vendors Take Issue with EU Anti-Dumping Probe
The European Branded Footwear Coalition, representing many highly regarded European and global footwear brands, today warned of the detrimental impact of the current European anti-dumping investigation being conducted targeting leather footwear and the ha
Palmer Hires Two New Reps
Palmer Snowboards continues to make additions to its sales force with Nick Gotelaere taking on the Rocky Mountain region, and Maximus James’ territory expanding to cover all of California…
Stride Rite Corp. Completes Saucony Acquisition
The Stride Rite Corporation has completed the acquisition of Saucony, Inc. for a total purchase price of approximately $170 million in cash. The acquisition is being financed with cash on hand and borrowings under a new $200 million revolving credit facil
SIA Launches First Phase of ‘Model for Success’
SnowSports Industries America will introduce results from the first phase of its new “Model for Success”, as presented by Jim Spring, president of Leisure Trends, at its pilot education seminar series set to take place in New England next week. The prese
Trek Technologies Inks Deal with StuffBak
Trek Technologies, d.b.a. Trek-Tech inked a partnership with the StuffBak, a loss-protection-and-recovery service. The new StuffBak feature provides consumers with a service designed to recover lost possessions. As part of a TrekPod product purchase, con
Sport-Haley Reverses Q4 Loss on 10% Sales Gain
Sport-Haley reported net income of $587,000 for the fourth quarter of its fiscal year ended June 30, 2005, or 23 cents per share, as compared with a loss of ($1,659,000), or (55 cents) per share, in the fourth quarter of the previous fiscal year. Net sale
Saucony Shareholders Approve Stride Rite Merger
Saucony, Inc. announced that shareholders had voted overwhelmingly to adopt the merger agreement allowing The Stride Rite Corporation to acquire Saucony. At the Special Meeting of Shareholders approximately 86% of the company's Class A Common Stock a
Black Diamond Expands Management Team to Support Growth
Black Diamond Equipment created ten new middle and upper level positions to enhance innovation and streamline efficiencies. Black Diamond said that the company's recent growth, and confidence in its continued growth, has led to the hiring of experien
