PUMA Signs Partnership Deal with Ferrari Spa
PUMA AG and Ferrari Spa have signed a multi-year contract, which becomes effective on January 1st 2005. PUMA AG will become the official licensee of replica and fan merchandise as well as supplier of Scuderia Ferrari Marlboro, the most successful Formula
Callaway Inks Mickelson to Endorsement Deal
Callaway Golf Company has signed a long-term contract with reigning Masters champion Phil Mickelson to play its golf clubs and golf ball and endorse Callaway Golf on the PGA Tour. Just last week Mickelson severed his relationship with the Acushnet Compa
Sports Authority Still Sees Long Term Merger Upside; Warns of Short term Pain…
The New Sports Authority is attempting to get over the hump and navigate through the obstacles to a smooth integration of the now year-old merged entity that combines the former Gart Sports and The Sport Authority.
Eight Outdoor and Snow Sports Companies Brought to Court…
Baychar Inc, and Baychar Holdings LLC have filed a number of suits recently, all revolving around the “810” patent held by the companies. So far, Outlast, Frisby Technologies, Salomon, Black Diamond Equipment, Burton, Deckers, New Balance, and Nordica US
Kellwood Sees Specialty Outdoor Making a Comeback…
Kellwood fought a softening consumer apparel market and delayed marketing initiatives to post a 10.1% increase in group sales to $560.5 million for the second quarter of 2004 compared to $508.9 million last year. Organic sales growth accounted for a 7% in
Regional Shows Report Mixed Results; Southeast Flourishes…
Following OR Summer Market many sales reps from around the country were in a rush to get home and prepare for their regional shows. The Outdoor Reps Associations hosted their 30th annual trade show at the Alliant Center in Madson, WI, while the Eastern O
OIA and NOLS Protest BLM Leases…
Separately, the OIA and NOLS wrote formal letters of protest against the sale of 14 oil and gas leases bordering the Green River above Desolation Canyon in Utah. Over 200 parcels are slated for auction. The fourteen parcels of land in contention border a
Dick’s Expands New England Presence…
Dick’s Sporting Goods hasn’t wasted any time expanding its New England presence after losing out in its bid for the Bob’s Stores real estate. The 69,000 square foot single-story format store that opened at the Bangor Mall last week is the retailer’s sec
OIA Ratifies New Board…
The day before OR Summer Market opened, the OIA ratified its new Board members and Board officers. Lee Fromson, CEO, Cascade Designs was re-elected as Board Chairperson; the new 1st Vice Chair is Kim Coupounas, CEO, GoLite; 2nd Vice Chair is Jim Clark, CE
OIA Breakfast Focuses on Building Participation…
The second official Industry Breakfast, held by the Outdoor Industry Association catered to a full house and left most in attendance with the very feeling of community that OIA was trying to impart. The two keynote speakers, PBS America’s Walking host Mar
Dick’s Moving Fast on Galyans Integration; Raises Guidance…
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Footstar Sells Gaffney Distribution Center
Footstar, Inc. has entered into an agreement to sell its distribution center in Gaffney, SC for approximately $15.1 million. The facility will be acquired by Automated Distribution Systems, L.P., a leading third party distribution and logistics solutions
Columbia Signs Distribution Deal s for South Africa, Philippines
Columbia Sportswear Company has inked distribution agreements with South Africa-based Foschini Retail Group and Philippines-based Kenrich International Distributor Corporation (KIDC). These new relationships further Columbia's strategy to distribute
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
