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
SGMA: Basketball Most Played Organized Sport
Courts, diamonds and fields. Those are the three most popular destinations for Americans of all ages with an interest in playing organized sports. According to SGMA International's recent analysis of the Superstudy® of Sports P
Debonair Acquires Brand Name from Fruit
Debonair Sportswear completes acquisition of the Debonair trademark from Fruit of the Loom, Inc. for an undisclosed amount. The sale and assignment of the Debonair trademark on June 18th, 2004 is viewed as a goodwill gesture on the part of Fruit of the Lo
Sportsman’s Guide Acquires Golf Warehouse/TGW.com
The Sportsman's Guide, Inc. has acquired The Golf Warehouse, LLC, in an all cash transaction valued at approximately $30 million. A combination of available cash and an expanded bank credit facility will be used to finance the transaction, purchasin
Yue Yuen Plans to Acquire 9.9% of Luen Thai
Yue Yuen and Luen Thai jointly announced that Yue Yuen plans to become a strategic shareholder of Luen Thai by acquiring the new shares to be issued in Luen Thai’s Global Offering exercise. Upon completion of the share acquisition and the Global offering,
Nike Makes Key VP Promotions in IR, EMEA
Nike has appointed three divisional vice presidents: Pamela M. Catlett as vice president of Nike's Investor Relations, Jim Allaker as vice president, Finance, Planning and Operations for Nike's Europe, Middle East and Africa (EMEA) region and Hu
Brooks Sports Looks Stronger in Recent Retail Survey
Brooks Sports, Inc. is reporting that it was recently applauded by specialty running retailers nationwide in a survey measuring brand strength, sales momentum, potential growth, and product appeal. Sports Marketing Surveys USA, in its Retail Sales Survey
Accusplit Inks Marketing Partnership with PGA Tours
Accusplit has become an official marketing partner of the PGA TOUR and has created a customized pedometer-based activity wellness program to coincide with the agreement.
Through the four-year agreement, Accusplit becomes the “Official Pedometer of the PGA
Watershed Partners with Granger’s
Watershed USA has formed a new division with a wholly owned subsidiary, doing business as Axis Outdoor. Axis Outdoor will be responsible for the distribution, marketing, and brand management of the product side of Watershed’s business. Watershed USA will
The Internet Makes More Retail Happen at Home…
According to The State of Retailing Online 7.0, a Shop.org study conducted by Forrester Research, 2003 online retail sales improved 51% to $114 billion, surpassing all industry expectations. All online product categories experienced strong growth with onl
Trango Cam Will Make it to Market…
At the OR winter market Trango introduced one of the first major innovations in the climbing hardware market since advent of the double axle cam (BOSS_0405). The new product effectively doubled the useful range of a standard cam, but due to technical diff
Yue Yuen Sees Upside in Apparel JV…
In a move designed to cement its place in the Chinese sports apparel manufacturing before WTO quotas are lifted (SEW_0424), Yue Yuen has formed a joint venture with Luen Thai Holdings, a privately held fashion apparel manufacturing company. The new compan
Pacific Implements RFID Source-Tagging
With Wal-Mart as one of its largest customers, Pacific Cycle has announced that they will comply with the retailer’s RFID mandate, which calls for RFID source tagging on each case shipped. Since each case shipped from Pacific contains a single unit, Pacif
Italy to Put More Boots on the Ground…
Two separate ‘top Italian boot brands’ are making their presence known in the U.S. market with new marketing initiatives and a new U.S. subsidiary. Aku hails from Montebelluna, Italy, while Zamberlan is headquartered in Pievebelvicino, Italy…
More on the OR Trade-Show Talks
Last week BOSS reported that Salt Lake City representatives were making a sales call to VNU in an attempt to convince the company to keep the Outdoor Retailer trade show in its current location. The city presented its plan to expand The Salt Palace Conven
