Nautilus to Acquire Pearl Izumi in $74 Million Deal
Nautilus, Inc. has agreed to acquire all of the outstanding stock of privately-owned PEARL iZUMi USA for $68 million in cash and about $6 million in assumed debt. Pearl generated approximately $49 million in sales in 2004. The deal is expected to be neut
Brunswick Moving Bowling From Muskegon to Mexico
Brunswick Corporation announced it will begin moving its bowling ball production from Muskegon, Mich., to Reynosa, Mexico, over the next 12 to 24 months. The company cited its inability to be competitive in the global marketplace, despite numerous cost-cu
Confluence Consolidates Operations in Easley; Trinity Facility to Close
Confluence Holdings Corporation will be consolidating all of its operations, sales, marketing, finance and manufacturing into its Easley, South Carolina facility. As a result of the consolidation Confluence will cease operation and close its Trinity faci
Volcom Prices Shares; Reports Nearly Doubled Q1 Income
Volcom, Inc. moved closer to the actualization of the company's IPO by releasing its expected list price in an amended S-1 filed with the SEC. Volcom expects to sell its shares in a range of $15 to $17 per share. Volcom expects to net approximately $
American Skiing Company: Revenues and Skier Visits Climb
American Skiing Company announced an increase in resort revenues of approximately $16 million (7%) and an increase in skier visitation for the year to date. The improved results were due to an increase in season pass visitation as a result of the successf
Mastro and Cordray Named Horny Toad Reps of the Year
On the final night of the recent Horny Toad annual sales meeting, Jen Mastro and Jen Cordray won “Rep of the Year” honors and a cocktail napkin IOU for the cash award from company president Gordon Seabury. Mastro and Cordray are the Rocky Mountain reps fo
Report: Herz Sibs Get Okay for Majority Stake in Puma
Forbes.com is reporting this morning that Germany's Cartel Office has approved plans by Gunter and Daniela Herz to take a majority stake in Puma. The billionaire siblings have been the biggest shareholders in the German sportswear company, holding a
Rossignol Posts €23 Million Fiscal Year Loss on Flat Sales
Rossignol S.A. reported that consolidated sales for the fiscal year ended March 31 were €477.4 million ($601.2 mm), a 0.25% decline from the €478.6 million ($562.7 mm) posted in the prior year. At constant exchange rates, sales would have risen by 2.4% f
Pacific Sunwear Moving Merchant Role to Divisions; Harmon to Exit
Pacific Sunwear of California Inc. announced that Tim Harmon will be retiring from the company after almost 14 years of service, most recently as president and chief merchandising officer. Harmon's merchandising duties will be assumed by the company&
Fisher-Price Recalls Scooters and Mini Bikes
The U.S. Consumer Product Safety Commission in voluntary cooperation with Fisher-Price is recalling Power Wheels Lightning PAC Scooters and Power Wheels MX3 Mini Bikes. Roughly 29,000 scooters and 5,000 mini bikes are affected by the recall…
Razor Recalls Scooters Due to Two Defects
The U.S. Consumer Product Safety Commission Razor USA recalled about 246,000 electric scooters due to a weld which can break, and roughly 584,000 Razor USA PowMax Battery Chargers, manufactured by Leadman Electronic Co. Both items were manufactured in Chi
Snowboard Boot Category Manager — K2 Sports
K2 Sports, a leading provider of performance sports equipment is seeking a qualified Snowboard Boot Category Manager based at our world headquarters on Vashon Island, WA. This individual will manage the line assortment plan, functional and aestheti
Sew Cal Logo Acquires Action Shirts
Sew Cal Logo, Inc., a Southern California-based film wardrobe, hat, and surf wear manufacturing company, has acquired the assets of Action Shirts for cash and stock. The company, also known as “Hangtime,” has been a Huntington Beach icon since 1978…
Boa Tech Names Marty Carrigan as VP of Sales and Marketing
Boa Technology, Inc. announced the appointment of Marty Carrigan, as VP of sales and marketing. In his new role at Boa Technology Inc., Carrigan will be responsible for global sales and marketing efforts and driving Boa’s vision to be the worlds leader i
Forzani Posts Q1 Loss on 4.3% Comp Store Decline
The Forzani Group Ltd. reported that total revenue for the first quarter ended May 1 increased 4.2% to CN$238.2 million over the same period last year, due primarily to the acquisition of National Gym Clothing Limited on January 31, 2005. Corporate sote
