SSV to Acquire 18 Breeze Ski Rental Shops…
Specialty Sports Venture, a joint venture that is majority-owned by Vail Resorts and managed by Ken Gart, entered into an agreement to acquire 18 Breeze Ski Rental shops at locations throughout Colorado, Utah and California for $6.5 million. With this acq
Asolo/Lowe Alpine Group on Positive Trend…
The news was positive coming out of the Asolo/Lowe Alpine Group’s annual sales meeting, held May 17-19 in Treviso, Italy. The global gathering was comprised of about 200 attendees and included 70% of the company’s subsidiaries, as well as new distributors
WYNIT Announces Second Annual Outdoor Show Photo Contest
WYNIT, Inc., the distributor of consumer electronics for the outdoor enthusiast, and Olympus Imaging America Inc., announced details for the second annual OR Summer Show Photo Contest, “Spirit of the Great Outdoors.” WYNIT and Olympus are sponsoring the c
prAna Launches New Merchandising Contest
prAna is launching a new merchandising program to encourage retailers to design and build prAna-themed environments in their stores. This focus on merchandising is intended to maximize sales on the retail level, highlight best merchandising practices and
Everlast Shareholder Believes $26.50 Per Share Offer is Under Priced
Aquamarine Capital, an Everlast shareholder, believes buyout of Everlast at $26.50 is under-priced and the fair value of the company is in excess of $50 per share. Everlast Worldwide Inc. announced an agreement to be acquired by The Hidary Group for $26.5
adidas Supports ‘Right to Play’ with New Philanthropic Program
International humanitarian organization, Right To Play and adidas have joined forces to bring the positive impact of sport and play to children in disadvantaged communities around the world. The centerpiece of the program is a limited edition mini red bal
NSGA Management Conference Sees Strong Turn-Out
With nearly 450 sporting goods industry leaders in attendance, the 43rd Annual NSGA Management Conference and 9th Annual Team Dealer Summit – held at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs, Fla. – was described by many attendees as
Thule Closes Case Logic Acquisition
Thule has closed the Case Logic acquisition after approval of relevant anti-trust authorities. The transaction was originally announced on April 30th, 2007…
New Era Cap Appoints New Counterfeiting Czar
New Era Cap Company Inc. has promoted Tony Swaffield to Director of Brand Protection in an effort to combat counterfeiting of its products on a global scale. With his new position, Swaffield, whose experience in both the public and private enforcement fie
OIWC adn TAPS to Co-Host OR Clinics
Outdoor Industries Women’s Coalition (OIWC) and the Trade Association of Paddlesports (TAPS) are co-hosting two first-of-their-kind women-focused events at the paddle tank during Summer Outdoor Retailer 2007. Both events, underwritten by Kokatat, will be
Everlast to Be Acquired for $26.50 Per Share
Everlast Worldwide Inc. signed a definitive agreement to be acquired by The Hidary Group, for $26.50 per share in cash, a 14.5% premium to its closing price on May 31, 2007, and a 30% premium to the average closing price over the last month. The total val
Scott Sible Promoted to President of Merrell
Wolverine World Wide promoted Scott B. Sible to the position of president, Merrell. In this new capacity, Sible will continue reporting to Jacques Lavertue, president of the Outdoor Group of Wolverine World Wide…
Sugoi Opens New DC In Europe
Less than a year after opening a United States distribution center in Bedford, Connecticut, Vancouver, B.C-based Sugoi Performance Apparel has announced plans to open a distribution facility in Oldenzaal, Netherlands…
Forzani Denies Private Equity Buyout Rumors
In response to recent reports in other publications stating that the Forzani group is about to be acquired by certain private equity firms, the company announced that it is not currently in discussions with an potential suitors…
Thule Sold to Private Equity Group
Nordic Capital Fund VI has signed an agreement to acquire the Thule Group from Candover. Thule's current pro forma revenues are SEK6.6 billion (€721 million; $937 million) including recent acquisitions…
