SGB Executive Outdoor
Lafuma Takes Control of Oxbow…
Lafuma has completed its initial acquisition of Oxbow from the majority shareholder, Teahupoo, gaining 63.7% ownership of the company. Lafuma will now submit a draft standing offer at a price of €10.75 per OXBOW share cum-dividend and as a result OXBOW’s
Lapierre and Accell Land on U.S. Soil…
Lapierre Cycles, a member of Accell Group, opened a branch office in North America, and plans on distributing a complete line of road and mountain bikes starting in October 2005 at Interbike. After an investigative trip to the States in April for the Sea
Exel Sustains Nordic Walking Funding…
Exel’s efforts at expanding the Nordic Walking market internationally have not yet shown an any dividends, but the company stated that it will continue to invest in this emerging market in both North America and China. The Finnish company’s Q1 interim rep
The Great Malls of China…
The International Herald Tribune is reporting that the retail environment in China is not growing steadily, but rather it is growing in leaps and bounds with new “mega-malls” opening at a rapid rate. Apparently, by the year 2010 seven of the world’s ten l
Spalding Rolls Out Global Brand Marketing Strategy
Spalding is introducing a new worldwide vision to unify and grow its well known, 129-year old business. In addition to expanding its predominant position in basketball, the high quality sporting goods manufacturer plans to expand its business in existing
Quiksilver Second Quarter Income Jumps 25% with 32% Sales Gain
Quiksilver's consolidated net revenues for the second quarter of fiscal 2005 increased 32% to $426.9 million as compared to fiscal 2004 second quarter consolidated net revenues of $322.6 million. Consolidated net income for the second quarter of fisc
Lotto 2004 Sales Increase Slightly in Challenging Environment
Sales of Lotto brand products around the world ended 2004 at €256 million ($318.4 mm), up slightly from the sales figures posted in 2003 of €255 million ($336.8 mm). The Mediterranean area gave the strongest performance in terms of proportion of sales: th
Reebok International Sells Ralph Lauren Footwear License Back to Polo…
Reebok International and Polo Ralph Lauren will part ways after a nine-year deal that had the two in an exclusive footwear licensing arrangement that granted Reebok the rights to design, develop, manufacture, market and distribute men's, women's
GSI Expands to Europe in Acquisition…
GSI Commerce Inc. announced a definitive agreement to acquire control of privately-held Aspherio, S.L., a Barcelona, Spain-based provider of outsourced e-commerce solutions. GSI will work strategically with Aspherio to offer its international e-commerce c
Rawlings and Matrix Trade Shots in the New Hit “Bag Wars: Episode III”
In a messy fight between a brand and a licensee, K2, Inc. and Rawlings last week filed papers asking for a new trial in a breach of contract suit case that saw Matrix Group Ltd, Rawlings’ bag licensee, awarded approximately $8.7 million by a jury earlier
Sierra Club Elects Lisa Renstrom as New President
The Board of Directors of The Sierra Club elected Lisa Renstrom from Charlotte, North Carolina to serve as the organization's 51st president, a position first held by John Muir. Renstrom has held local, state and national posts with the Sierra Club
True Temper Swims Against Golf Tide…
True Temper took a note from our salmon friends, swimming against the golf industry currents as the company posted decent gains for the quarter over last year. Net sales improved 6.3% to $32.1 million from $30.2 million in the year-ago quarter. Gross ma
Gander Mountain Q1 Net Loss Expands on Comp Store Sales Decline
Gander Mountain Company reported sales for the first quarter ended April 30 increased 37% to $135.1 million. Comparable store sales decreased one percent after an increase of 8.7% in the first quarter of 2004. The net loss for the first quarter of fiscal
SmartWool Taps Davidson as New Marketing Director
SmartWool has hired Carol Davidson as their new Marketing Director. Davidson was formerly a Creative Director at DDB-Seattle, an award winning global advertising agency. In her new position as Marketing Director, she will be responsible for development an
Dick’s SG Posts Q1 Loss on Merger Costs, But Beats Estimates
Dick's Sporting Goods, Inc. reported net income for the first quarter ended April 30, 2005, excluding merger integration and store closing costs, of $12.2 million, or 23 cents per share, compared to proforma combined company net income of $5.0 millio
