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
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…
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
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
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
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
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
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
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
DSW Comps Up 1.2% in July; RVI Comps Off 2.3%
Retail Ventures, Inc. reported that total sales for the four weeks ended July 31, 2004, increased 3.7% to $170.6 million from $164.6 million for the four weeks ended August 2, 2003. The company's same store sales decreased 2.3% for the four week peri
Bon-Ton July Comps Inch Up 1.4%; Beerman’s Fall 3.5%
The Bon-Ton Stores' total sales for the four weeks ended July 31, 2004 increased 93.4% to $75.2 million, including $35.2 million from the acquired Elder-Beerman stores, compared to $38.9 million for the same period last year. Bon-Ton comparable store
Federated July Comps Up 3.7%
Federated Department Stores, Inc. reported total sales of $998 million for the four weeks ended July 31, 2004, an increase in total sales of 3.6% compared to total sales of $962 million in the same period last year. On a same-store basis, Federated's
Ross Stores July Comps Fall 5%
Ross Stores reported sales of $309 million for the four-week period ended July 31, 2004, a 2% increase above the $303 million in sales reported for the four weeks ended August 2, 2003. Comparable store sales for the same period declined 5% from the prior
Payless July Comps Drop 6.5%
Payless ShoeSource same-store sales decreased 6.5% during the July reporting period, the four weeks ended July 31, 2004. Company sales totaled $192.0 million, a 5.7 percent decrease from $203.6 million during fiscal July of last year…
