SGB Executive Outdoor
Regional Shows Report Mixed Results; Southeast Flourishes…
Following OR Summer Market many sales reps from around the country were in a rush to get home and prepare for their regional shows. The Outdoor Reps Associations hosted their 30th annual trade show at the Alliant Center in Madson, WI, while the Eastern O
OIA and NOLS Protest BLM Leases…
Separately, the OIA and NOLS wrote formal letters of protest against the sale of 14 oil and gas leases bordering the Green River above Desolation Canyon in Utah. Over 200 parcels are slated for auction. The fourteen parcels of land in contention border a
Dick’s Expands New England Presence…
Dick’s Sporting Goods hasn’t wasted any time expanding its New England presence after losing out in its bid for the Bob’s Stores real estate. The 69,000 square foot single-story format store that opened at the Bangor Mall last week is the retailer’s sec
OIA Ratifies New Board…
The day before OR Summer Market opened, the OIA ratified its new Board members and Board officers. Lee Fromson, CEO, Cascade Designs was re-elected as Board Chairperson; the new 1st Vice Chair is Kim Coupounas, CEO, GoLite; 2nd Vice Chair is Jim Clark, CE
OIA Breakfast Focuses on Building Participation…
The second official Industry Breakfast, held by the Outdoor Industry Association catered to a full house and left most in attendance with the very feeling of community that OIA was trying to impart. The two keynote speakers, PBS America’s Walking host Mar
Dick’s Moving Fast on Galyans Integration; Raises Guidance…
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Footstar Sells Gaffney Distribution Center
Footstar, Inc. has entered into an agreement to sell its distribution center in Gaffney, SC for approximately $15.1 million. The facility will be acquired by Automated Distribution Systems, L.P., a leading third party distribution and logistics solutions
Columbia Signs Distribution Deal s for South Africa, Philippines
Columbia Sportswear Company has inked distribution agreements with South Africa-based Foschini Retail Group and Philippines-based Kenrich International Distributor Corporation (KIDC). These new relationships further Columbia's strategy to distribute
Bell Sports Acquired by Riddell Parent; Fry to Run Merged Company
Private Equity firm Fenway Partners, Inc. will acquire Bell Sports, owner of the Bell and Giro helmet brands, essentially forming the world’s largest protective headgear and related accessories company, for approximately $240 million. Fenway, which owns f
Mossimo Q2 EPS Cut in Half on Softer Retail Sales
Mossimo, Inc. reported second quarter 2004 net revenues of $6.0 million compared to $6.9 million for the same period last year. MOSS reported net earnings of $1.0 million , or six cents per diluted share, in Q2, compared to net earnings of $1.8 million, o
Callaway Picks Up $2.2 Million Verdict in Dunlop Action
A jury in Wilmington, DE on Thursday returned a verdict of $2.2 million in favor of Callaway Golf Company and against Dunlop Slazenger Group Americas Inc. based on a finding that Dunlop willfully engaged in false advertising when it claimed in 2001 and 20
The Buckle Sees Q2 Profits Jump 49% on 5.8% Comp Sales Gain
The Buckle, Inc. reported net income for the second quarter of fiscal 2004 increased 48.9% to $5.3 million, or 24 cents per diluted share, compared with $3.6 million, or 17 cents per diluted share, for the second quarter of 2003. Net sales for the period
Shoe Carnival Q2 Net Up 26% Despite 3.7% Comp Decline
Shoe Carnival, Inc. reported that net income for the second quarter of fiscal 2004 increased 26.2% to $1.9 million, or 15 cents per diluted share, compared with net income of $1.5 million, or 12 cents per dilted share, in the second quarter of fiscal 2003
Head Q2 Bottom Line Takes Tax Hit; Sales Up 5.1%
Head N.V. reported that net revenues for the second quarter increased by 5.1% to $83.2 million from $79.2 million in the year-ago period. The net loss for the period widened 244% to $30.7 million versus a net loss of $8.9 million in Q2 last year, due pri
SGMA: U.S. Customs Encourages C-TPAT Verification Between Businesses
The U.S. Bureau of Customs and Border Protection has established the Status Verification Interface (“SVI”) in the Customs-Trade Partnership Against Terrorism (“CTPAT”) section of its internet website. The SVI will allow C-TPAT members to easily confirm wh
