Accell Group Expands in Finland with Hellberg Acquisition
Accell Group NV agreed to acquire all the shares in Raul Hellberg Oy and affiliated companies (‘Hellberg’). Hellberg is active in the market for bicycles, bicycle parts and accessories and has its head offices in Helsinki, Finland…
Callaway Golf Completes $140mm Stock Offering
Callaway Golf Co. completed its private offering of $140 million in preferred stock. The company privately placed 1.25 million shares of 7.5 percent series B convertible preferred stock as well as 150,000 additional shares of preferred stock to cover over
Wrangler Footwear Line to Debut at Kmart
The Wrangler brand, which is owned by VF Corp., introduced a new footwear line, exclusively at Kmart. The line includes sandals, casual shoes and work and hiking boots for men…
K2 Sports Names North America Sales and Marketing Chief
K2 Sports said Louis Boudreault has been appointed VP of sales and marketing for the North American region. In this capacity Boudreault is responsible for the domestic sales and local marketing initiatives in both Canada and the United States for the K2 S
OR Summer Market Attendees May Exceed Last Year
Outdoor Retailer's organizers said attendee registration numbers for the 2009 Outdoor Retailer Summer Market show, held at the Salt Palace Convention Center in Salt Lake City, Utah, July 21-24, 2009, are meeting benchmarks from this time last year. I
Rocky Brands Adopts Shareholder Rights Plan
Rocky Brands, Inc. has adopted a Shareholder Rights Plan designed to assure shareholders fair value in the event of a future unsolicited takeover attempt. The company added that the plan was not adopted in response to any attempt to acquire the company an
Signature Eyewear Q2 Sales Dip 9%
Signature Eyewear, which makes Cutter & Buck eyewear, reported net income of $216,000, or 3 cents a share, on net sales of $6.1 million for the first quarter ended April 30, 2009. This compares to net income of $212,000, or 3 cents, on net sales of $6.7 m
Aetrex Forms Aetrex Canada
Aetrex Worldwide has announced the formation of Aetrex Canada, a new division of Aetrex Worldwide, Inc. Aetrex said the new division “reaffirms the company's commitment to the Canadian market and will enable Aetrex to provide retailers with better pr
Cherokee Q1 Net Income Slides on Lower U.S. Dollar Royalties
Cherokee Inc., the global licensor and brand management company, said net income for the first quarter ended May 2 decreased by a total of $847,000 to $3.8 million or 43 cents per diluted share, as compared to $4.7 million, or 52 cents per diluted share i
OIA: April Outdoor Sales Indicate Declines Easing, Shoppers Returning
Retail sales for all core outdoor stores combined (chain, internet, specialty) grew 2% compared to last April, moving from $339 million to $347 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report.
Rip Curl Appoints New Group CEO
Rip Curl International has appointed Olivier Cantet as its new Group CEO. The appointment will be effective July 1, 2009. Cantet has been with Rip Curl since 2003 in his current regional role of European CEO and he will continue to manage that business al
Golfsmith Inks Lease for Third LA Xtreme Store
Golfsmith International Holdings, Inc. has signed a lease for a new 40,000-square foot playground for golfers and tennis players in Orange County that will open in November 2009…
Bakers Footwear Reports Q1 Sales Up on Comps Gain
Bakers Footwear Group, Inc. reported net sales for the first quarter ended May 2 increased 3.3% to $45.0 million from $43.5 million in the year ago period. Comparable store sales for the same period were up 4.8% as compared to a decrease of 11.1% in the y
Iconix Closes Common Stock Offering
Iconix Brand Group, Inc. announced the closing of the public offering of 11.5 million shares of its common stock at a price to the public of $15.00 per share, of which 800,000 shares were sold by certain selling stockholders named in the prospectus…
Dorel Hires Human Resources Officer, Recreational/Leisure
Dorel, the owner of Cannondale, Schwinn, GT, Mongoose and SUGOI, hired Lila Campbell as its new chief human resources officer – global for the Recreational/Leisure Segment. Most recently, she served as the group executive director of human resources for C
