Crisafulli Adds His Two Cents on Any Mountain Bankruptcy…
BOSS caught up with former Marmot president Steve Crisafulli to get his perspective on the ongoing Any Mountain bankruptcy, a case in which he is now intimately involved. (see BOSS_0515). In interviews with local papers, Bud Hoffman, the principal owner
Outdoor Industry Takes Message to D.C…
Members of Outdoor Industry Association gathered in Washington, D.C. last week to address several issues critical to the growth of the outdoor industry at the annual Capital Summit. By all accounts, this year was the most successful and most well-run even
Obituary — Jim O’Brien
Jim O’Brien, founder of O’Brien & Associates, in Detroit, Michigan, passed away April 12 after battling numerous illnesses over the last few years. He was 75 years old.
Mr. O'Brien founded the agency over 35 years ago, covering the Midwest territory.
Reebok Walks Away from Roddick, But Wait… There’s More…
Reebok International on Friday confirmed that the company will not re-sign Andy Roddick when his contract expires on May 1, saying the decision came about after assessing what was “best for the business.” Roddick is rumored to be close to a deal with Lac
Mr. Mossimo Wants His Company Back…
Mossimo Giannulli is making a bid to buy back the 35% of his company that is currently outstanding in publicly held shares. He is offering $4.00 per share in cash, representing a 20% premium to the closing price of the company's common stock when th
TSA Reports Lease Accounting Changes; Raises Q1 Guidance
The Sports Authority Inc. on Thursday reported that the expected restatement of its earnings due to changes in lease accounting will decrease EPS by a penny per share in its fiscal fourth quarter ended January 29. For the year, EPS were reduced by two c
Retail Ventures Posts Q4 Loss on Comp Sales Decline
Retail Ventures, Inc., parent of DSW Shoe Warehouse, reported that net sales for the fourth quarter ended January 29 increased 5.8% to $761.9 million from $720.4 million in the year-ago period. Total company comparable store sales for Q4 decreased 1.7%.
Redfeather Promotes Glover to VP of Sales
Bonnie Glover will take over as the new vice president of sales for the Colorado based snowshoe manufacturer, Redfeather Snowshoes. Glover takes over for Kris Koprowski who has left the company to pursue a new employment opportunity. Glover will have over
NRF Sees Sales Rise 6.8% Over Year-Ago For March
In spite of unseasonably cool temperatures, consumers were out buying Easter merchandise last month. According to the National Retail Federation (NRF), retail industry sales for March (which exclude automobiles, gas stations, and restaurants) rose a healt
AND 1 Nabs Footwear License for Triple Five Soul Brand…
AND 1 has inked its first footwear license, agreeing last week to manage the design, sales, and marketing of footwear for Brooklyn-based Triple Five Soul. Terms of the deal were not announced. The product is expected to hit U.S. retail in the next few w
Quadriga Acquires Jack Wolfskin…
Funds advised by Bain Capital have sold all shares of Jack Wolfskin to private equity firm Quadriga Capital. Jack Wolfskin’s top management will continue to hold a considerable, but minority, part of the shares. No financial details were disclosed, but J
Retail Execs Stay Upbeat in March…
After a nice retail rebound in February, Retail Executives apparently kept their upbeat attitude in March as an early Easter promised to give them a lift versus the year-ago period. Still, the holiday lift for the month only brought the execs’ outlook fl
Serial Acquirer Alert: Quiksilver Nabs Aussie Retailer…
Quiksilver has been on quite the acquisition tear recently, expanding both their wholesale division through the Rossignol deal reported last month, and now their retail division through the acquisition of Surfection. Surfection has been operating in Austr
March Retail Gets an Easter Boost, But…
March was a month that both giveth and taketh away this year as the upside benefits expected by many due to the earliest Easter in 16 years were offset by the wicked winter weather in much of the northern tier of the country. While the early holiday, whi
Hus Joins Titus Cycles as CEO
Pat Hus has been hired as the Chief Executive Officer for Titus Cycles, joining Chris Cocalis as President. Prior to coming to Titus, Hus was the Vice President of Sales and Marketing at the American Bicycle Group, owners of Litespeed, Quintana Roo, and M
