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
June Retail Results Cause Concern for BTS…
June retail results surprised many that had become accustomed to the run-up in retail sales performance over the last six months or so. But as tax rebate checks get spent, gasoline prices stay high, and the Fed starts to raise interest rates, the consume
Sears Establishes New Retail President Role; Cosby Exits
Sears, Roebuck and Co. has established a new, expanded leadership position of President of Sears Retail. The new role reflects the next phase of the company's growth strategy, including Sears' recently announced accelerated expansion off-mall.
Operators Settle Suit Over Steamboat Sale
Triple Peaks, LLC and American Skiing Company have jointly announced the settlement of the lawsuit regarding the termination of the proposed 2002 sale of the Steamboat Ski Resort to Triple Peaks, LLC. In return for a cash settlement, Triple Peaks has agr
Triple Peaks and American Skiing Co. Settle Steamboat Suit
Triple Peaks and American Skiing Company have jointly announced the settlement of the lawsuit regarding the termination of the proposed 2002 sale of the Steamboat Ski Resort to Triple Peaks, LLC. In return for a cash settlement, Triple Peaks has agreed to
Oakley Lowers Guidance on Softer than Expected Sales
Oakley expects to report its second quarter net sales will be approximately $152.0 million, an increase of 5.7% over the year-ago period. As a result of these sales, the company has revised its annual earnings guidance of 65 cents per share on 12% net sal