SGB Executive

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

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

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