Outdoor Industry Foundation completed the 2007 edition of The Next Generation of Outdoor Participants which takes a holistic approach to analyzing the activity of the life-cycle of consumers who participate in outdoor sports. In the first edition of this
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Confluence to Boost Personnel, Service and Quality…
For the past three years Confluence has been showing up in Salt Lake City with a story that vendors usually try to avoid. While the company has innovative new products, and creative marketing plans, it is usually apologizing for late deliveries, incomplet
Polartec Hires New N.A. Sales Director
Polartec hired Steve Cuthbert as the Director of Sales, North America. Cuthbert arrives with particularly unique qualifications having worked as an Account Manager for Malden Mills from 1997 to 2004. Most recently he was the National Sales Manager for Pr
Nautilus Acquires Chinese Manufacturer for $72 Million
Nautilus, Inc. has exercised a purchase option to acquire the assets of its largest contract manufacturer, Xiamen, China-based Land America Health and Fitness Co., Ltd. The all cash-transaction of approximately $72 million is expected to close January 2,
Blademaster Acquires Battco Mfg.
Blademaster has acquired Battco Manufacturing. Battco is a manufacturer of riveters and related products for the skate industry…
Hanesbrands to Close Plants, Cut Jobs to Reduce Costs
Hanesbrands Inc. will close nine plant in four countries and reduce worldwide management and administrative jobs as part of a multiyear effort the company began when it was spun off as an independent company in September 2006 to consolidate manufacturing
Timberland Sees Q1 Income Drop on Restructuring Costs
The Timberland Company recorded first-quarter net income of $9.3 million, down 64.5% from $26.1 million in the year-ago quarter. Diluted earnings per share were 15 cents, after 40 cents last year. Net revenue decreased 3.9% for the quarter to $336.3 milli
Denny ‘Inks’ Deal with Better Energy Systems
Denny, ink., has been chosen by Better Energy Systems to promote its collection of portable, renewable energy products within the outdoor market. Denny, ink. will oversee all public relations initiatives for the environmentally focused company, including
Payless Inks Exclusive Deal with Dexter
Payless ShoeSource, Inc. and H.H. Brown Shoe Company, Inc. have signed a multi-year agreement making Payless ShoeSource the exclusive retailer for the Dexter brand of footwear and accessories in the United States and the rest of the Western Hemisphere. H.
Nike Q4 Earnings Jump 32% on 9% Sales Gain
Nike, Inc. 2007 fourth quarter revenues increased 9% to $4.4 billion, compared to $4.0 billion for the same period last year. Fourth quarter net income increased 32% to $437.9 million, compared to $332.8 million in the prior year, and diluted earnings per
SIA Highlights Top Snow Sports States
According to SIA, more snow sports equipment sold in Texas than in 46 other states with $106 million in retail sales for the 2006/2007 season. California, Colorado, New York and New Jersey rounded out the top five states in total snow sports retail receip
OIF Releases New Participation Study
Outdoor Industry Foundation (OIF) released a new report – The Next Generation of Outdoor Participants Report — 2007. This new OIF report provides insight into changing participation trends in outdoor recreation and highlights the activities of the next g
Industry Vendors See Q1 Profit Growth Lag Sales…
With the last of the first quarter reports now filed with the SEC, Sports Executive Weekly presents a wrap-up of industry public company results. SEW’s review shows healthy sales for the industry when looking at the overall market with sales increasing in
Luxottica Acquires Oakley in $2.1 Billion Deal…
In the second of two multi-billion dollar deals to hit the sporting goods industry this week (the first being the Finish Line-Genesco acquisition at $1.5 billion), the Luxottica Group will acquire Oakley for roughly $2.1 billion, or $29.30 per share. This
SGMA: Congress Continues PEP Support…
The U.S. Department of Education has awarded $44.5 million for 146 new PEP grants to schools and community-based organizations in 39 states, according to the SGMA. The balance of the PEP grant funds – roughly $28.5 million – is being distributed to existi
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