Cabela’s Prices IPO Range; May Net North of $93 Million
Cabela's Inc. on Monday set the range for its pending IPO at an estimated price between $15 and $17 per share. The company plans to offer 9.375 million shares, netting the company between $93.75 million and $106.25 million. Selling shareholders wil
American Skiing Company Appoints New VP — Eastern Lodging
American Skiing Company has appointed Brandon McCarter to the newly created position of Vice President — Eastern Lodging. Most recently, Mr. McCarter was Vice President of Lodging and General Manager of the Grand Summit Resort Hotel at Mount Snow, Vermon
All Eyes on Gander Mountain…
Several top investment firms initiated coverage of Gander Mountain this week, including Piper Jaffray, Bank of America and William Blair & Co. – the firm that floated the outdoor retailer’s IPO. The company received high marks from all analysts, who cited
Cobblestones Names Sales and Marketing Chief
Cobblestones Activewear has named Michael Seegmiller vice president of Sales and Marketing, it was announced by Mark Osborn, general manager. Seegmiller comes to Cobblestone with more than 25 years experience in managing national and key accounts, includi
Retail Execs See Lighter Traffic But More Sales in May…
It looks like the most recent Executive Opinion Survey, a monthly index by the National Retail Federation, was a fair indicator of the health of the retail business in May as retail execs also noted that the prediction of a negative impact of higher gas p
Forzani Sees Continued Challenges in Canadian Sporting Goods Market…
Forzani started the year off on shaky ground on the sales front, thanks in large part to heavy price competition and a declining sporting goods market north of the border, but shook off the tougher market and posted a 38% increase in net income for the pe
Zanatta Leaves Lotto Board; Tecnica is Now Sole Focus…
Giancarlo Zanatta, President of the Tecnica Group, has resigned his position as a member of the board of directors of Lotto Sport Italia in an effort to focus on re-launching the Nordica and Rollerblade brands world-wide…
Specialty Companies See Profit Growth Double the Gains in First Quarter Sales …
Much of the issues that impacted the general sporting goods industry results in the first quarter – both positively and negatively – were also the key influencers for the Bicycle, Outdoor, and SnowSports specialty markets covered in The B.O.S.S. Report ea
American Recreation Parent Boosts Net Income 18.5% in Q1…
Kellwood, Inc. first quarter sales increased 2.1% to $686.1 million, compared to $672.3 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Phat Fashions which provided an additional
ASTM Certifies New Textile Testing Method…
The American Society of Testing and Materials and Outlast have collaborated with Dr. Douglass Hittle, the Director of Solar Energy Applications at Colorado State University, to develop a textile test for phase change materials…
But Loses Hoosier Deal to adidas…
The Hoosiers have made the switch from Nike to adidas for the school’s entire athletic department. The decision marks the first time that adidas has been the licensed product vendor for all of IU’s sports. Nike had held a majority of the contract since 20
DuPont Builds Eco-Friendly Textile Plant…
DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati
Sporting Goods Sales Pace Online Sales Growth in 2003…
According to The State of Retailing On-line 7.0, a Shop.org study conducted by Forrester Research of 150 retailers, 2003 on-line retail sales improved 51% to $114 billion, surpassing all industry expectations. Each on-line product category experienced str
Price Hikes Are Rolling Down the Bike Supply Chain…
Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China
Specialty Retailers Again Outpace Sporting Goods; Profit Gains Outpace Sales…
The industry’s Retail sector experienced much of the same sales and profit upside seen in the Vendor sector (SEW_0422), as earnings growth here more than doubled the pace of sales gains in the first quarter. Concerns about rising gas prices and consumer
