SGB Executive Outdoor
HEAD Racquet Sports Provides Relief for Florida Retailers
In light of the devastation caused by Hurricanes Charley and Frances and the potential result of Hurricane Ivan, HEAD/Penn Racquet Sports has announced it will provide its Florida retailers with relief on credit terms and interest charges. No interest wi
SIA and VERB Announce National Kid’s SnowSports Day
SnowSports Industries America (SIA) and VERB™, a national government funded kid’s marketing campaign, have created the first-ever VERB SnowSports Day on December 4, 2004. The event will take place in retail stores nationwide and will serve as a catalyst
NRF: August Saw Mixed Results at Retail
According to the National Retail Federation, August retail sales in the GAFS category, which includes most geneal merchandise sales, rose 2.0% over last year but dipped 0.4% over July. Sales at sporting goods, book, hobby, and music stores rose 1.4% adju
Saucony Moves to Tie Up Senior Management
Saucony Inc. filed papers on Tuesday indicating the company has entered into retention agreements with several officers as incentives to work through any possible change in ownership of the company. The agreements cover Michael Umana, COO/EVP/CFO; Micha
Kellwood Sees Specialty Outdoor Making a Comeback…
Kellwood fought a softening consumer apparel market and delayed marketing initiatives to post a 10.1% increase in group sales to $560.5 million for the second quarter of 2004 compared to $508.9 million last year. Organic sales growth accounted for a 7% in
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
