SGB Executive Outdoor
Stride Rite Ekes Out Q4 Profit on 13% Sales Gain
The Stride Rite Corporation reported that sales for the fourth quarter of fiscal 2004 increased 13% to $116.8 million from $103.8 million in the comparable period of fiscal 2003. Net income for the fourth quarter totaled $51 thousand or zero per diluted s
SBI Acquires Cloudveil Apparel; Forms new Company
Sport Brands International (SBI) has acquired outdoor apparel company Cloudveil and formed a new company, Cloudveil Mountain Works, Inc. Financial details of the agreement have not been disclosed. Jim Reilly has been appointed Managing Director of the n
NRI Distribution Relocates and Expands
NRI has finalized terms on a new facility located in Mississauga, ON and will be moving from it's current Brampton address in March '05. NRI opened its first operation in Ontario in 1998 in a 9000 sqft building in Etobicoke. In response to its g
Telemarkski.com Launches SkateSki.com
Telemarkski.com announced the launch of their new Skateski.com website to serve Nordic and Cross Country skiers. Coming on the heels of the recent launch of the Alpineer.com, a site that specializes in apparel and soft goods, Skateski.com focuses on cross
Sport Supply Group Gets Holiday Lift at Amazon
Sport Supply Group, Inc. reported a 47% increase in sales during the holiday season through its eSportsonline sales channel on Amazon.com’s Sports & Outdoors store. The company beleives that consumers responded to an eSportsonline-exclusive promotion on A
Orange 21 Announces Exercise of Over-Allotment Option
Orange 21 Inc. announced that the underwriters of its initial public offering have exercised their over-allotment option to purchase from the company 520,000 shares of common stock at the public offering price of $8.75 per share. Roth Capital Partners, L
NPD Adds Shoe Chain Channel to Reporting
The NPD Group has added DSW, Rack Room and Shoe Pavilion to its footwear tracking point-of-sale service. NPD has also added a new shoe chain channel that helps clients get a clearer picture of the marketplace. NPD said having the new retailers on board h
SIA: Chain Stores See Higher Selling Prices Drive Gains
According to the SnowSports Industries America (SIA) Retail Audit for the August through November period, sales at chain stores were up 12.2% to $145.3 million in sales compared to $129.5 million in 2003. Unit sales were down 5.9% from last season. Chain
Specialty Stores Lag Market in Latest SIA Retail Audit
Overall sales for the entire winter sports market were up 0.2% to $651.2 million for the August through November period of 2004, compared to $649.6 million reported last year, according to the SnowSports Industries America (SIA) Retail Audit. Unit sales w
Delta Apparel Closes Sale of SC Yarn Plant
Delta Apparel, Inc. has completed the sale of its yarn manufacturing plant in Edgefield, South Carolina to Parkdale America, LLC for $10 million. In conjunction with the sale transaction, DLA entered into a five-year agreement with Parkdale to supply its
West Marine’s December Comps Dive 5.3%
West Marine net sales for the five weeks ended January 1, 2005 were $45.7 million, a 14.0% decrease compared to net sales of $53.1 million for the six-week period a year ago. Comparable store net sales for the five weeks ended January 1, 2005 decreased 5.
Phil Schmitt Named Osprey’s New Associate Sales Manager
Phil Schmitt has been named Associate Sales Manager of Osprey Packs Inc, the Colorado-based pack company with more than thirty years of innovative design heritage. Schmitt has served the past three years as manager of the Osprey Customer Service Team…
Klein’s All Sports to Shutter All Doors…
Klein's All Sports, an Upstate New York regional sporting goods mainstay for 56 years, will be going out of business and closing its 12 stores in the near future. The sale of all inventory in all currently stores is underway and will continue until a
Giant and Merida Expect a Record 2004…
According to the China Economic News Service, Taiwan’s two largest bicycle manufacturers are posting record sales and profits this year. Last week BOSS reported that Taiwan exports were at an all time high in both units and value, with ASP’s climbing due
Spy Optics Launches IPO…
Spy Optics has launched a successful IPO on the Nasdaq National Exchange under the corporate name Orange.21 with the ticker symbol ORNG. Orange.21 offered 2.48 million shares initially, and then upping the number to 3.48 million shares when an internal st
