SGB Executive Outdoor
Collegiate Pacific to Sees Shift in Kesslers Deal
Collegiate Pacific on Thursday stated that its shareholder equity will increase by $7.25 million due to a change in a guarantee provision in the comapny's acquisition of Kesslers Team Sports. The Dickman family – previous owners of Kessler Team Spor
Vail Resorts Mtn. Revenue Grows 7.8% in FY 2004
Vail Resorts' Mountain revenue for the fiscal year ended July 31, 2004 was $500.4 million, a $36.3 million, or 7.8%, increase from $464.1 million for the comparable period last year. Mountain expense increased $2.5 million, or 0.7%, to $369.0 millio
Deckers Inks Ugg Licensing Agreement with Fownes Brothers
Deckers Outdoor Corporation has entered into a license agreement with Fownes Brothers, Inc. for the sale of UGG Australia branded cold weather accessories in the United States. Under the terms of the agreement, Fownes Brothers, Inc. will design, manufactu
Scott USA Names New Senior Designer
SCOTT USA welcomes Jeremy “Jerms” Lanningham to the Art Department as a Senior Designer. With the addition of Jerms, the Art Department now consists of four key individuals committed to growing the Scott brand worldwide. Jerms will work closely with all
Backcountry.com and The F.S. Utah Avalanche Center Create Education Program
The Forest Service Utah Avalanche Center will partner with Backcountry.com to develop a first-of-its-kind avalanche safety campaign specifically developed for and targeted to school-age children in Utah. Called “Know Before You Go”, the one hour educatio
Accell Acquires German Bike Parts Distributor
Accell Group N.V. has signed a letter of intent for the acquisition of Julius Holz GmbH & Co. KG in Munich, a firm trading in bicycles, bicycle parts and bicycle accessories. After the acquisition of Juncker B.V. and Van Buuren & Co. B.V. in The Netherlan
Specialized Recalling Bikes with Faulty Handlebars
Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of Allez Sport, Allez Elite, Roubaix, and Sequoia Bicycles due to a handlebar problem. The handlebar may loosen and turn unexpect
Full Speed Ahead Recalls Quick Release Sets
Full Speed Ahead, Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced the recall of roughly 1,375 sets of Full Speed Ahead (FSA) Scatto bicycle wheel quick releases. There have been 12 reports of the quick release mechani
adidas-Salomon Sees Shift in Central Europe Management
After more than 16 years with the company, Michael Rupp, currently Managing Director of adidas' Area Central (AC) will take a one-year- break from his responsibilities at adidas-Salomon. Effective September 27, Ulli Gritzuhn will join adidas-Salomon
Reebok Inks Deal with Streetwear for Big and Tall Collection
Reebok International has joined with Streetwear Inc. to launch a collection of Reebok “Big and Tall” men’s fitness, core and NBA licensed apparel. Ideal for large athletes and fitness enthusiasts, the collection debuted last month exclusively at 430 “Cas
Jarden Corp. Acquires Coleman Parent Company
Jarden Corporation has signed a definitive agreement to acquire privately held American Household, Inc. for $745.6 million in cash for the equity and the assumption or repayment of indebtedness. American Household is the parent of The Coleman Company, Inc
Atomic Tunes Race Department
In preparation for another season of World Cup racing, Atomic Ski is pleased to announce the promotion of Jake Strassburger to its Race Department. Having worked with Atomic for three years, Strassburger fills the newly created position of Race and Promot
Fu Sheng Acquires Certain Coastcast Assets
FS-Precision Tech Co LLC, a subsidiary of Fu Sheng Industrial Co, Ltd., has acquired the non-golf business and certain assets of Coastcast Corporation. The all cash transaction included the Rancho Dominguez facilities and assets. Coastcast has retained it
Nike Beats Fiscal Q1 Street Estimates; U.S. Futures Up 11%
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31 increased 18% to $3.6 billion, versus $3.0 billion for the same period last year. Net income totaled $326.8 million, or $1.21 per diluted share, compared to $261.2 million, or
Globe International Appoints Hill CEO
Globe International has appointed Matt Hill as chief executive officer of the company. Mike Sonand, Globe’s former chief executive officer, will be appointed as chief operating officer and will report to Hill. Matt is the younger brother of Globe founde
