Datta Picks Up Entrpreneur of Year Award
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…
K2 Closes Marmot Deal; Completes Financing Actions
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd. The purchase price was approximately $84 million plus the assumption of debt. Additionally, K2 announced that it has completed several financing transactions to support curre
Trek, Maverick, and Pacific Settle Their Dispute
Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino
Axcent Sports Adds New Reps
Axcent Sports, the exclusive supplier of Descente Cycle, Run, Triathlon and Fitness apparel in the USA and Canada has added key sales reps in important territories over the last several weeks in preparation for its Spring 2005 product launch. Chris Watson
Deckers Gets Fortune Small Business Accolades
Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business (FSB) magazine's list of the 100 fastest growing publicly traded small businesses in America. Deckers was the only footwear company to make the list, which appears in t
LaCrosse Picks Up $5.0 Million Military Boot Order
LaCrosse Footwear, Inc. announced that its Danner subsidiary received a $5.0 million GSA delivery order to supply boots to the U.S. military. The order will be for the Company's Desert Acadia boot, which is specifically designed to perform in desert
GSI Commerce Sites Get Top Ranking
GSI Commerce Inc. announced that its e-commerce platform was the leading choice among more of the Top 300 Web retailers in the U.S. than any other solution provider's platform, according to research published in June by Internet Retailer Magazine. W
West Marine Reduces Q2 Guidance on Weather Woes
West Marine, Inc. reported that sales for the second quarter would be approximately $252 million to $256 million, with comp store sales increasing approximately 4% to 5% for the quarter. The retailer said they have been negatively impacted by “unseasonab
SGMA Recreation Market Report Says Sporting Goods Industry Hit $68.6 Billion in 2003
Steady as she goes. That's one way to summarize the U.S. sports products industry, which is nearly $70 billion (at wholesale) in size. According to SGMA International's Recreation Market Report, manufacturers' sales of sporting goods equipm
Native Inks Deals with REI and Gander Mtn.
Native Eyewear will be doubling its store count with REI from 27 to 54 stores. The brand has also recently been rolled out to all stores of the premier outdoor retailer, Gander Mountain. The company says that the 'All Sports All Polarized' niche
Deckers Named to FSB Top 100 List
Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business magazine's list of the 100 fastest growing publicly traded small businesses in America. Deckers was the only footwear company to make the list, which appears in the Ju
VF Corp. Completes Vans Deal; Murray Named President
VF Corporation has completed its merger between Vans and a subsidiary of VF for a total purchase price of $396 million including the cashout of stock options. As Vans is now a wholly-owned subsidiary of VF and each outstanding share of Vans stock has bee
Sears to Acquire 61 Stores From Kmart and Wal-Mart
Sears, Roebuck and Co. has agreed to acquire ownership or leasehold interest in up to 61 off-mall stores in key Sears markets from Kmart Holding Corporation and Wal-Mart Stores, Inc. for approximately $620 million in cash. The majority of the stores are
NSGA: State Participation Details Show Michigan as Most Active State
Among the 11 largest states, making up more than 56% of the U.S. population, residents of Michigan are the most active, according to an analysis of data contained in “Sports Participation in 2003 — State-by-State,” a report published annually by the NSGA
Cramer Names Christman as VP of Marketing
Cramer Products has appointed Edward Christman as the company’s new vice president of marketing. Christman leaves his post as senior merchandising manager at Bike Athletic Co. in Atlanta to take the position at Cramer, where he started on June 16. Christ
