SGB Executive Outdoor
American Skiing Company Revenues Climb; Net Loss Shrinks
American Skiing Company announced its financial results for the first quarter of fiscal 2005 reflecting a 6% increase in total revenues and a $3.5 million reduction in net loss compared to the same period in fiscal 2004. The Company also reported signific
Retail Execs Upbeat Despite Weak Nov…
U.S. retail executives were rather hopeful for a strong start to the Holiday shopping season, based on the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation. The tempered outlook in the October survey
Rossignol H1 Profits Hurt by FX Rate Impact, Asia Restructuring…
Last month, SEW’s sister publication The B.O.S.S. Report reported that The Rossignol Group’s first half sales showed a marked improvement, but requests to delay shipments and exchange rates again pulled sales down.
Consolidated group sales for the firs
Huffy Corp. to Sell Snowboard Assets to Salter Group…
As SEW reported last week, Huffy Corporation filed a motion in U.S. Bankruptcy court seeking approval to sell its Hespeler hockey, in-line skates, and action sports businesses to Forzani Group Ltd. in a deal worth $1.6 million. Huffy was also soliciting
Umbro Upbeat at Analyst Meeting…
Umbro last week invited institutional investors and analysts to company HQ in the U.K. for presentations on Umbro’s marketing strategy, its international licensee network, new product development, and updates on the U.K. and U.S. markets…
Russell Athletic: And Then There Were Three… Again…
Russell Corporation continues to experiment with organizational structure, this time splitting the Russell Athletic business into three business units again after three years as a merged business. This time the business will be split into Team, Men’s Ret
Nike Golf Taps Industry Vet to Run U.S…
Nike has tapped Cindy Davis, senior vice president of The Golf Channel, as general manager for Nike Golf in the U.S. Davis, who was previously president and CEO of Arnold Palmer Golf Company, replaces David Pillsbury, who left Nike in August to become CO
K2 Inc. Acquires Miken; Rolls Brand into Rawlings…
K2 Inc. has acquired yet another company to “tuck-in” to its team sports division. Miken Sports, the Caledonia, Wisconsin-based manufacturer of carbon fiber softball and baseball bats was acquired two weeks ago for an undisclosed sum. The deal had report
Huffy Corp. to Sell Assets to Forzani; Moves to Focus on Bikes and Golf…
Huffy Corporation has filed a motion in U.S. Bankruptcy Court seeking permission to sell a number of its Hockey and Action Sports brands and assets to Forzani Group Ltd. in a deal worth $1.6 million. The Hespeler hockey brand and the Rage, Dukes, Skate A
Fitness Quest Recalling Ab Lounges…
Fitness Quest Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of approximately 460,000 Ab Lounge, Ab Lounge 2, and Ab Lounge Ultimate Exercisers. Consumers have been advised to stop using the recall
Perry Ellis Would Look at Selling Jantzen Swim Business; Cuts Workforce 25%…
Perry Ellis International said it is open to any potential suitors for its Jantzen Swimwear business, which has the license for Nike Swimwear and Tommy Hilfiger Swimwear. That revelation came at the tail-end of the company’s conference call to discuss Q3
Sports Authority Sees Renewed Energy in October; Outdoor Cited as Issue…
The Sports Authority was able to report fiscal third results compared against combined results as a merged entity in the year-ago period, finally giving the market a real apples-to-apples view of the business for the first time since the deal to merge Gar
Vendor Q3 Results Again Get Acquisition Lift…
Industry vendors in both the Softgoods and Hardgoods categories looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line.
The Athlete’s Foot Expands into India
The Athlete's Foot has formalized an agreement with Planet Sports Pvt Ltd. to become The Athlete's Foot's master franchisee for India. The company projects 80 store openings over the length of the 15-year agreement. Planet Sports Pvt Ltd.
Thorlo Inks Deals with Ski Resorts
THORLO has joined forces with selected premier US ski and snowboard resorts to sponsor on-mountain activities, events, and competitions this winter. Thorlos is the Official Sock of Aspen/Snowmass, Durango Mountain Resort, Telluride Ski and Golf, and Taos