Spy Optics Launches IPO…
Spy Optics has launched a successful IPO on the Nasdaq National Exchange under the corporate name Orange.21 with the ticker symbol ORNG. Orange.21 offered 2.48 million shares initially, and then upping the number to 3.48 million shares when an internal st
Giant and Merida Expect a Record 2004…
According to the China Economic News Service, Taiwan’s two largest bicycle manufacturers are posting record sales and profits this year. Last week BOSS reported that Taiwan exports were at an all time high in both units and value, with ASP’s climbing due
Veltec Pushes North; Enters Snow Biz…
Veltec made a series of major announcements this week, first expanding its LOOK cycle equipment distribution agreement into Canada, an then announcing the formation of a new SnowSports division…
Klein’s All Sports to Shutter All Doors…
Klein's All Sports, an Upstate New York regional sporting goods mainstay for 56 years, will be going out of business and closing its 12 stores in the near future. The sale of all inventory in all currently stores is underway and will continue until a
Obermeyer Hires Shenley Bertram Smith as Texas-Gulf Rep.
Sport Obermeyer has hired Shenley Bertram Smith to their Sales Team. A familiar face at Obermeyer, Smith was previously a member of their production and customer service departments in 1995 – 1998, but will be expanding her role at Obermeyer to Sales Repr
Suunto Inks Deal with WeCeFAR
Florida based adventure racing club, WeCeFAR (West Central Florida Adventure Racing) has inked a partnership with Suunto USA as a “sustaining” sponsor of its 2005 adventure racing and ultra endurance events…
Gear for Sports Inks Robert Trent Jones License
GEAR for Sports will be the exclusive licensee of Robert Trent Jones Apparel, a golfer’s fashion-forward brand of fine men’s apparel. This new brand will be designed, manufactured and distributed by GEAR for Sports. The Robert Trent Jones collection is cu
OR Winter Market Seminar Schedule Looks Promising
When it comes to educational seminars, lively panel discussions and expert advice, Winter Market attendees will have plenty to choose from at the January tradeshow (January 29 – February 1). Once again, Outdoor Retailer is providing a full line-up of fre
Gear for Sports Hires David Santana as VP of Sourcing
GEAR For Sports‚ has named David Santana vice president of
sourcing. In his new role, Santana will be responsible for all overseas GEAR offices including Hong Kong, Korea, Taiwan, Honduras, Guatemala, Peru and Colombia. Additionally, Santana will supervis
Tubbs Hires Atlantic Associates to Rep Northeast
Atlantic Associates, has been hired as the northeast agency for the Tubbs Snowshoes Brand, effective January 1st, 2005. Atlantic Associates is a six-person agency and has been incorporated since 1982. Atlantic Associates is composed of two principals,
OIA Releases Top-Line Retail Report
Outdoor Industry Association announced the availability of its most recent Top Line Retail Sales Report. According to this study, the total 2003 annual sales for the outdoor segment through all distribution channels are $12.7 billion, up from $11.3 billi
Lamar to Distribute Crocs Footwear
LAMAR Health, Fitness and Sports (HFS) will be the exclusive distributor of Crocs(TM) footwear to the health and fitness industry. LAMAR recently expanded Crocs' sales into the independent bicycle dealer network through a relationship with Fuji Bicy
Salomon Cutting French Jobs; Will Move Production East
Salomon has launched a restructuring program to improve its profitability and further ensure long-term competitiveness. By 2007 Salomon's ski production in France will be reduced to 35% from a current 55%, mainly by increasing production in Romania.
IISA to Restructure; Mathis to Move to SGMA
The Board of Directors of the International Inline Skating Association (IISA) agreed that the group has accomplished its original mission and will subsequently right-size the Association in 2005 in response to that accomplishment. The restructure will re
Skechers USA Settles Three Class Action Suits
Skechers USA, Inc. has reached a preliminary agreement to settle three disputed class action lawsuits brought by former and current store managers, assistant store managers and employees of the company's retail stores. The preliminary settlement, wh