Bell Sports Acquired by Riddell Parent; Fry to Run Merged Company
Private Equity firm Fenway Partners, Inc. will acquire Bell Sports, owner of the Bell and Giro helmet brands, essentially forming the world’s largest protective headgear and related accessories company, for approximately $240 million. Fenway, which owns f
Mossimo Q2 EPS Cut in Half on Softer Retail Sales
Mossimo, Inc. reported second quarter 2004 net revenues of $6.0 million compared to $6.9 million for the same period last year. MOSS reported net earnings of $1.0 million , or six cents per diluted share, in Q2, compared to net earnings of $1.8 million, o
Callaway Picks Up $2.2 Million Verdict in Dunlop Action
A jury in Wilmington, DE on Thursday returned a verdict of $2.2 million in favor of Callaway Golf Company and against Dunlop Slazenger Group Americas Inc. based on a finding that Dunlop willfully engaged in false advertising when it claimed in 2001 and 20
The Buckle Sees Q2 Profits Jump 49% on 5.8% Comp Sales Gain
The Buckle, Inc. reported net income for the second quarter of fiscal 2004 increased 48.9% to $5.3 million, or 24 cents per diluted share, compared with $3.6 million, or 17 cents per diluted share, for the second quarter of 2003. Net sales for the period
Shoe Carnival Q2 Net Up 26% Despite 3.7% Comp Decline
Shoe Carnival, Inc. reported that net income for the second quarter of fiscal 2004 increased 26.2% to $1.9 million, or 15 cents per diluted share, compared with net income of $1.5 million, or 12 cents per dilted share, in the second quarter of fiscal 2003
Head Q2 Bottom Line Takes Tax Hit; Sales Up 5.1%
Head N.V. reported that net revenues for the second quarter increased by 5.1% to $83.2 million from $79.2 million in the year-ago period. The net loss for the period widened 244% to $30.7 million versus a net loss of $8.9 million in Q2 last year, due pri
SGMA: U.S. Customs Encourages C-TPAT Verification Between Businesses
The U.S. Bureau of Customs and Border Protection has established the Status Verification Interface (“SVI”) in the Customs-Trade Partnership Against Terrorism (“CTPAT”) section of its internet website. The SVI will allow C-TPAT members to easily confirm wh
Tecnica Shuffles the Management Deck
John Stahler continues as CEO of the Tecnica Group in the U.S. He will manage the groups’ activities in the United States. Sam Cook has been promoted to Vice President of Sales for Tecnica USA’s and Völkl Sport America’s Winter Divisions. Assuming Cook’s
OR to Stay in Salt Lake City
Outdoor Retailer plans to produce the Outdoor Retailer and Summer Trade Expos in Salt Lake City, Utah through 2009. This commitment to remain in Salt Lake City is contingent upon a final contract and financing from the city to expand the Salt Palace Conv
Outlast Inks two New Deals
Outlast Technologies, Inc. has signed a new partnership with Eddie Bauer, the premium outdoor-inspired casual wear brand, to offer consumers the first active lifestyle sweaters with Smart Fabric Technology™. Outlast has also inked a deal with Bernette Tex
Colorado Kayak Supply and Rocky Mountain Outdoor Center Join Forces
Two whitewater paddlesports industry powerhouses in Colorado are making huge waves as a result of a cooperative operating agreement that plays to each others’ strongest suits. Colorado Kayak Supply and Rocky Mountain Outdoor Center, both headquartered in
Nike Plays First Hand in Down Market Strategy; Acquires Starter
Nike, Inc. has acquired 100% of the equity shares of Official Starter Properties LLC and Official Starter LLC for a net purchase price of approximately $43 million. The entities are the sole owners and licensors of the Starter, Team Starter and Asphalt br
Pacific Extends Licensing Agreement with PTI Sports
Pacific Cycle has extended its contract with PTI Sports through 2008. PTI Sports develops bicycle parts and accessories, such as helmets, pumps and saddles, for several Pacific Cycle brands, including Schwinn, Schwinn Sting Ray, GT, Mongoose and Dyno…
True Temper Q2 Net Falls 55% on 22% Sales Decline
True Temper Sports, Inc. reported net sales for the second quarter decreased to $25.3 million from $32.5 million during the second quarter of 2003. Net income for the second quarter decreased to $1.7 million from $3.8 million in the second quarter of last
Ross Stores Launching New Off-Price Chain
Ross Stores, Inc. announced the upcoming launch of dd's DISCOUNTS, a new off-price concept targeting lower income consumers. The new stores, dd's DISCOUNTS, will offer exceptional values on brand name fashions typically featured in moderate depa
