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U.S. Remains Strong for Lafuma…

July 26, 2004 SGB Update

Lafuma reported this week that fiscal third quarter sales declined year on year by 0.5% to €45.6 million ($65.3 mm) compared to last year when the company posted sales of €50.9 million ($55.6 mm). International sales decreased in the third quarter as well

ASICS First Half Sales Up 9.5%; Increases Market Share

July 22, 2004 SGB Update

ASICS America Corporation reported that sales for the first half of 2004 were $111.1 million, an increase of 9.5% over 2003. The company continues its focus on running, the largest segment of the athletic footwear industry, showing footwear sales increasi

REI and Leave No Trace Launch Youth Education Program

July 22, 2004 SGB Update

REI and the Leave No Trace Center for Outdoor Ethics have launched a new program designed to educate children about the outdoors, and the responsible use of public lands.
The Promoting Environmental Awareness in Kids (PEAK) program, based on the seven Lea

TNF Shuffles the Executive Deck

July 22, 2004 SGB Update

Steve Rendle has been appointed to the position of President, The North Face – Americas, and Todd Spaletto to the position of Vice President of Sales for the US. Steve will report to Mike Egeck, President of VF Outdoor – Americas. Reporting to Todd will b

Oakley Q2 Income Down 12.1% on 5.7% Sales Increase

July 21, 2004 SGB Update

Oakley second quarter net sales increased 5.7%, to $152.0
million, a second quarter record, compared with $143.8 million in the second quarter of 2003. Net income for the second quarter totaled $16.0 million, or 23 cents per diluted share, compared with $

K2 Creates EU Management Team

July 20, 2004 SGB Update

K2 Inc. has established its European management team. John J. Rangel, a 20-year veteran of K2 Inc. and most recently SVP and CFO, has been appointed President of K2 Inc.'s European operations, responsible for integration of all current and future ope

Cloudveil Gears up for Fall ’04

July 20, 2004 SGB Update

Cloudveil has announced three strategic business partnerships that, according to the company, will further strengthen their infrastructure and rep force. Cloudveil has formed a partnership with Sojitz Corporation of America. The company is also relocating

SIA Ads XC Ski Element to Winter Trails Program

July 20, 2004 SGB Update

The opportunity for consumers to experience cross country skiing will be added to the 2005 Winter Trails program organized by SIA and the American Hiking Society. Historically a snowshoe event, Winter Trails celebrates its tenth anniversary next year. Sin

Russell Acquires Huffy Sports Company

July 19, 2004 SGB Update

Russell has purchased the assets of Huffy Sports Company, a division of Huffy Corp., for $30 million in cash, subject to working capital and other adjustments. Under the terms of the agreement, Russell will also assume certain operating liabilities. Huffy

SGMA Report Shows an Upside for Outdoor

July 19, 2004 SGB Update

The most recent SGMA Sports Participation in America report revealed some good news for the outdoor industry and some very interesting potential future trends in the bicycle industry. The study released by SGMA, which assesses participation trends in ove

Bush Ends Roadless Protection in U.S. National Forests…

July 19, 2004 SGB Update

Ann Veneman, the U.S. Secretary of Agriculture announced the government’s intention to abandon roadless protections for over 58 million acres of national forest. This decision has the potential to open these lands to deforestation by timber and mining co

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