ICON Q3 Margins Haunted by Commodity Prices, Slower Direct Business…
ICON Health & Fitness saw its Cardio equipment start to regain some of its energy again in the fiscal third quarter ended February 26 as the division posted its first increase in sales since Q3 in the prior year. Still, the increase in the company’s core
Prince Sports Taps Doug Fonte to Lead U.S. Effort…
Former Penn Tennis president Doug Fonte has been coaxed out of semi-retirement and will be joining the Prince Sports team as the new president of Prince USA. He replaces Bill Foy, who had moved over to Prince from the GM spot at Prince’s former sister co
Karstadt Reflects German Retail Woes…
The retail scene in Germany continues to stymie a rebound in Europe as a high unemployment and a stagnant economy keep consumers out of the stores. German retailing and mail-order powerhouse Karstadt-Quelle AG is both a recipient and a contributor to the
Rebel Sports Sees “Patchy” Conditions Curtail Comps Sales Growth…
Rebel Sports reported that total sales for the fiscal third quarter ended April 2 increased 6.4% to A$76.5 million (US$59.5 mm), compared to A$71.8 million (US$48.5 mm) in the year-ago period. For the nine month period, sales were up 5% to A$238.4 millio
Quiksilver Gets Workers Thumbs Up in Rossignol Deal…
Quiksilver, Inc. has executed the stock purchase agreement with the Boix-Vives family, which holds a majority interest in the Rossignol Group. While the deal, which is said to worth approximately $320 million in cash and stock, was initially announced in
Acushnet Sues Academy Sports and Scheels All Sports Over Pro V1 Fakes…
The Acushnet Company, the Fortune Brands division that manages the Titleist, FootJoy, Cobra, and Pinnacle golf brands filed suit last Monday in Federal District Court in Dallas against Academy Sports & Outdoors, alleging counterfeiting and trademark infri
SIA Again Sees Chain Stores Outpace Specialty in SnowSports Market…
In Chain stores, Alpine Equipment experienced a slight decline in units-sold, but the significantly higher ASPs, which have persisted throughout the season, kept dollar-sales flat. February was a tough month for equipment sales at Specialty retailers, but
Mr. Mossimo Wants His Company Back…
Mossimo Giannulli is making a bid to buy back the 35% of his company that is currently outstanding in publicly held shares. He is offering $4.00 per share in cash, representing a 20% premium to the closing price of the company's common stock when th
Reebok Walks Away from Roddick, But Wait… There’s More…
Reebok International on Friday confirmed that the company will not re-sign Andy Roddick when his contract expires on May 1, saying the decision came about after assessing what was “best for the business.” Roddick is rumored to be close to a deal with Lac
Obituary — Jim O’Brien
Jim O’Brien, founder of O’Brien & Associates, in Detroit, Michigan, passed away April 12 after battling numerous illnesses over the last few years. He was 75 years old.
Mr. O'Brien founded the agency over 35 years ago, covering the Midwest territory.
Outdoor Industry Takes Message to D.C…
Members of Outdoor Industry Association gathered in Washington, D.C. last week to address several issues critical to the growth of the outdoor industry at the annual Capital Summit. By all accounts, this year was the most successful and most well-run even
Crisafulli Adds His Two Cents on Any Mountain Bankruptcy…
BOSS caught up with former Marmot president Steve Crisafulli to get his perspective on the ongoing Any Mountain bankruptcy, a case in which he is now intimately involved. (see BOSS_0515). In interviews with local papers, Bud Hoffman, the principal owner
Dolphin Appears Serious in Bid for JOUT Shares…
As previously reported in BOSS_0514, Dolphin Limited Partnership I, a minority investor in Johnson Outdoors, sent a letter two weeks ago to the company stating that they were prepared to offer Johnson Outdoors a transaction that they believe is “superior
Sports Authority Sees Lease Accounting Changes Less of an Issue…
The Sports Authority, Inc. on Thursday reported that the expected restatement of its earnings due to changes in lease accounting will decrease EPS by a penny per share in its fiscal fourth quarter ended January 29. For the year, EPS were reduced by two ce
OBITUARY — Jim O’Brien
Jim O’Brien, founder of O’Brien & Associates, in Detroit, Michigan, passed away April 12 after battling numerous illnesses over the last few years. He was 75 years old.
Mr. O'Brien founded the agency over 35 years ago, covering the Midwest territory.
