NSGA: Department Stores Taking Fitness Equipment Share
Department stores – most notably Sears – have increased their share of sales of the three most popular pieces of home exercise equipment, especially treadmills. An analysis of data contained in NSGA’s “Sporting Goods Market” reports shows department store
Hot Tuna to be Re-Launched in U.S. Under New License
Hot Tuna USA, LLC, has acquired the master license and will re-launch the legendary Australian surf brand
Hot Tuna in North America for Spring 2005. Hot Tuna USA acquired the license in May 2004 and will retain the license for 20 years distributing the l
O’Neill Signs On as Sponsor of Vans Triple Crown of Surfing
O'Neill, Inc. has signed on as title sponsor of the O'Neill World Cup of Surfing, the second stop of the Vans Triple Crown of Surfing®, at Oahu's Sunset Beach for the next three years…
Drapeau Falls on Titanium Sword; Resigns Callaway Post
Callaway Golf Company on Monday announced the resignation of Ronald A. Drapeau as chairman and CEO of the company. Effective immediately, William C. Baker, Callaway Golf's longest-tenured member of the Board, will assume the COB and interim CEO role
Saucony Posts Healthy Q2 Across the Board; May Seek Sale
Saucony, Inc. reported that net income for the second quarter ended July 2, 2004 increased 36% to $3.0 million, compared to $2.2 million in the second quarter of 2003. Net sales for the second quarter increased 28%, to $44.0 million, compared to $34.5 mi
Climb High Posts 46% Year-to-Date Sales Increase
Climb High, the U.S. distributor of the Mammut, Raichle, Ajungilak and ToKo brands, continued to see impressive growth for the Mammut brand in the second quarter. After posting a 36% increase in revenue for Mammut in the first quarter of 2004, CEO Bill S
Johnson Outdoors Looks Ahead…
Johnson Outdoors continued its reliance on Military and Marine Electronics through the third quarter, although some important new programs are being implemented to bring the rest of the company back to higher levels of performance. Total company net sales
Spyder Will Move into Summer Market; Sees $300 Million in Five Years…
In a deal that has been in the works for several months now, Apax Partners finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equity fu
VF Corp. Builds on Outdoor Coalition Success in Second Quarter…
The acquisitions of Nautica, Vans, Kipling, and Napapiji added $126 million to the top line for VF Corporation, but it was another exceptional quarter for The North Face that helped establish the company’s Outdoor Coalition as the darling of the corporati
Collegiate Pacific Completes Dixie Sporting Goods Acquisition
Collegiate Pacific has completed its acquisition of Dixie Sporting Goods of Richmond, Virginia. The purchase price was approximately $6 million, payable primarily in cash, and includes the potential for an earnout payment of up to an additional $1 million
Setnica Will Moderate OIWC Panel
Lou Setnicka, Training & Employee Development Manager for Patagonia, Inc. will moderate the Outdoor Industries Women's Coalition panel examining women's leadership issues at the annual OIWC Summer Gathering during the Outdoor Retailer Summer Mar
NRF Raises 2004 Retail Sales Forecast on Strong H1
Strong retail sales gains in the first half of this year have prompted the National Retail Federation to revise its 2004 forecast for GAFS sales. According to its forthcoming Retail Sales Outlook report, NRF has revised its 2004 forecast from 5.0% growth
Timberland Kick’s Off Outdoor Tour
The Timberland Company has launched a nationwide tour stopping at 78 of the country's biggest outdoor events
and adventure races. The tour kicks off with participation in events in California, Oregon, Illinois and the renowned Leadville Trail 100 Se
OIA is Concerned Over Change to Roadless Rule
The Outdoor Industry Association issued the following statement in response to Secretary of Agriculture Ann Veneman’s announcement of a new Roadless Rule which would abandon national protections for the nation’s last wild forests. The new rule would requ
Russell Corp. To Exceed Q2 Earnings Expectations
Russell Corporation said it expects to exceed analysts' expectations for the second quarter ending July 4, 2004. Russell also sold its interest in Marmot Mountain, Ltd., which will result in a one-time second quarter gain of 8.5 cents per share. In