Helly Hansen Hires New VP of Sales and Marketing
Helly Hansen tapped Russ Rowan to drive its image and revenues in the U.S. through a newly created vice president of sales and marketing position based in Bellevue, Wash. Rowan is a 15-year winter sports, outdoor and cycling industry sales veteran. He joi
Walk-EZ Promotes McCall to SVP
Walk-EZ International promoted Bill McCall from Director of Promotional Events to Senior Vice President of Global Sales. Drawing upon his twenty-five year tenure in the snow sports industry, Bill will provide positive leadership and direction to the Walk-
Ashworth Q4 Loss Widens, Posts Net Income for 2006
Ashworth, Inc. saw net revenue for the fourth quarter ended October 31, 2006 decrease 9.3% to $50.2 million from $55.3 million last year. For the quarter, the company posted a net loss of $4.4 million, widened from $2.2 million last year. For the fiscal y
Mizuno Sponsors ING Georgia Marathon
Mizuno signed a multi-year contract to be the Official Footwear and Apparel Supplier of the ING Georgia Marathon and Half Marathon…
REI Plans Second Charlotte, NC Store
Following the successful opening of a store in Pineville, N.C., in August, 2006, REI plans to open a second store in the Charlotte area in the spring of 2008. The new store will be located in the NorthCrest development adjacent to the Northlake Mall. A st
West Marine Fiscal 2006 Sales Positive Despite Fourth Quarter Slip…
West Marine, Inc. saw both overall and comparable store sales slip in the fourth quarter, but not so much as to drag the annual results negative. Net sales for Q4 were $122.3 million decreasing 2.0% from $124.8 million for the same period last year. Compa
Urban Climber Parent Acquires Climbing Magazine
Skram Media LLC, a platform multi-media holding company that is the parent company to Urban Climber Magazine, The Surfer’s Path, and several other action sports consumer titles, has completed the purchase of Climbing Magazine and Climbing.com from Primedi
Ads for the Earth Auction Currently Under Way
The Conservation Alliance “Ads for the Earth” benefit auction has completed one week of bidding, and will conclude on January 12. The auction consists of ad space donated by Outdoor Business, Backpacker, Climbing, Canoe & Kayak, GearTrends, National Geogr
GarminAcquires Digital Cyclone
Garmin Ltd. has acquired Digital Cyclone Inc. for $45 million in cash. The acquisition is expected to be accretive to Garmin Ltd. earnings in 2007. DCI will operate as a subsidiary of Garmin Ltd. The company will retain its management, R&D, and supporting
ispo BrandNew Awards Announced
ispo announced the winners of the 15th BrandNew contest. The awarding of the ispo BrandNew trophies will take place on the catwalk of the “BrandNewVillage” in Hall A2 at 4:30 p.m. on February 5, 2007. BrandNewVillage, which covers a total area of more tha
Hot IPO’s Drive Interest in Market…
After 2005’s barnstorming series of IPO’s for the sporting goods industry, 2006 had a bit more of a roller coaster ride…
Trade Industry Organizations Had a Busy 2006…
This year outdoor industry organizations were busy with their own consolidation efforts, some of which were successful, and others which are still shaking out.
In January, OIA acquired Outdoor University and began a transformation process for the program
VF Outdoor Coalition to Acquire Eagle Creek…
VF Outdoor, Inc. is in negotiation to acquire Eagle Creek, Inc. Eagle Creek currently has annual sales of approximately $30 million. Terms were not disclosed, but SEW suspects that Eagle creek sold for a premium, given the brand equity company founder Ste
adidas Refuses to Outbid Nike for German Soccer Sponsorship
Herbert Hainer, CEO of adidas, told German newspaper Sueddeutsche Zeitung that his company will not enter a bidding war with rival Nike to keep its sponsorship of Germany's national soccer team…
The Finish Line Posts $3 Million Dollar Loss in Quarter Three
The Finish Line, Inc. posted a net loss of $3.0 million for the third quarter, or 6 cents per diluted share, after reporting a net income of $845,000, or 2 cents per diluted share in the same quarter one year ago, Consolidated net sales increased 2.7% to
