Third Party Backs Out of Mossimo Bid
In October, Mossimo Acquisition Corp. deferred their planned tender offer for the outstanding shares of the Company's common stock to allow Mr. Giannulli and the Special Committee to consider an unsolicited proposal received from a third party indica
Speedo Signs Several US Winter Olympians
Speedo announced that it has signed endorsement deals with several American 2006 Winter Olympic sledding hopefuls including, Vonetta Flowers, Todd Hays, Noelle Pikus-Pace, Jean Prahm (formerly Racine), and Chris Soule. These are the first-ever winter spor
NRF: West Coast Railroad Congestion Causes Mild Concern
The nation’s major retail container ports are operating smoothly this month, but west coast railroad congestion is causing some delays moving away from the water, according to the November Port Tracker report released by the NRF and Global Insight. All We
K2 Appoints Brass Eagle President
K2 Inc. announced the appointment of Gary Remensnyder as president of Brass Eagle, the worldwide leader of paintball markers, loaders, paintballs and accessories. Mr. Remensnyder, who has been senior vice president of sales & marketing of Shakespeare Fish
adidas Inks Three-Year Sponsorship Deal with UMASS
The University of Massachusetts Department of Athletics and adidas America have announced a three-year contract with 21 of UMass' 23 intercollegiate sports teams, through the 2008 fiscal year. adidas is the exclusive provider of all UMass uniforms, s
Sport-Haley in JV to Sell Top-Flite Apparel to Wal-Mart
Sport-Haley, Inc. and Explorer Gear USA, Inc., a California corporation have entered into a joint venture in order to manufacture and market Top-Flite branded apparel to Wal-Mart Stores, Inc. in the U.S. The joint venture is to be formed and operated as a
Sport Chalet Posts 12.7% Q2 Sales Jump
Sport Chalet, Inc. announced sales increased 12.7% to $81.7 million for the fiscal second quarter ended September 30, 2005 from $72.5 million for the same period last year, with sales from five new stores contributing $6.9 million, or 10.7% of the increas
NGF: September Rounds Up Off 2004 Weakness…
The National Golf Federation reported that same-store rounds played in the U.S. were up 1.0% in September 2005 versus last year. The estimate is based on data from operators at 1,903 golf facilities. The resulting year-to-date total through September is s
If You’re Delta Apparel, Junkfood Can Be Healthy…
Delta Apparel saw the acquisition of Junkfood Clothing help to boost sales in the company’s fiscal first quarter ended October 1, benefiting from the acquisition of the brand half-way through the quarter. The company also underwent a bit of restructuring
The Sportsman’s Guide Sees Margin Improvements Help the Bottom Line…
The Sportsman's Guide, Inc. anniversaried its acquisition of The Golf Warehouse in its most recent quarter, with total net sales of $61.5 million, compared to $57.0 million for last year's third quarter. The nearly 8% increase in consolidated ne
Jarden Lays Out Plans for Transformation of Coleman…
Jarden Corporation, parent company of Coleman, last week hosted an analyst meeting, which focused primarily on the Outdoor Solutions segment and Coleman’s business strategy moving forward. Jarden acquired Coleman just over a year ago, appointing Gary Kie
Nordic Walking Expansion Efforts Slow Exel’s Profits…
The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart
Salomon Q3 Operating Profit Up on Declining Sales…
The Salomon brand was a bit of an orphan child in the third quarter, as the business transitioned from adidas-Salomon to Amer Sports at quarter-end. Amer Sports did not close the deal until mid-October, and the newly named adidas Group moved quickly to m
Völkl Performance Wear Hires Northwest Territory Reps
Völkl Performance Wear has hired Gordy Bolstad and Barry Galvin, to cover the states of Alaska, Idaho, Montana, Oregon and Washington. Völkl Performance Wear will compliment their other lines which include Völkl Skis and Tecnica Boots…
Timberland Acquires SmartWool in $82 Million Deal
The Timberland Company has signed a definitive agreement to acquire 100% of the outstanding stock of SmartWool Corporation, from RAF Industries, Inc. and the Stripes Group LLC. The purchase price is estimated to be approximately $82 million and will be f
