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MandA Group Sees Continued Industry Consolidation

January 21, 2004 SGB Update

Mergers and consolidations will continue to shrink the number of players in the $40 billion global sporting goods industry in 2004. That's the forecast of The Mercanti Group, a boutique investment banking firm that served as the advisor to K2, Inc. i

Nike to Replace adidas as U.S. Olympic Sponsor

January 21, 2004 SGB Update

Nike has signed as an official sponsor and licensee of the 2006 and 2008 U.S. Olympic and Paralympic Teams, as announced by the U.S. Olympic Committee. The partnership with Nike will officially begin in January 2005. For the first-time, U.S. Olympic and P

New Company to Unveil Bobby Jones Golf Equipment Line

January 20, 2004 SGB Executive

The family of Bob Jones announced a licensing agreement for golf equipment with a newly formed company, The Bobby Jones Golf Company LLC, which has inked the international agreement to license the manufacturing and marketing rights for the use of the Bobb

Thule Acquires Trailer Manufacturer

January 20, 2004 SGB Executive

Thule has announced the acquisition of the recreational trailer manufacturer C&C Distributors, Inc. of Winslow, Maine. C&C, makers of the popular SNOPRO and CARGOPRO trailer brands, will be consolidated into the Thule Group as part of the North American C

The Hockey Company Acquires t-blade Stake

January 19, 2004 SGB Update

The Hockey Company has acquired a 33 1/3% ownership stake in t-blade. The remaining shares are owned by Graf Canada Ltd. (33 1/3%) and t-blade GmbH (33 1/3%). Separately, the Company also announced the formation of a European joint venture with t-blade Gm

Bauer Nike Hockey Partners with World Cup of Hockey

January 19, 2004 SGB Executive

Bauer Nike Hockey and the World Cup of Hockey 2004 have announced a global partnership for the eight-nation tournament to be held Aug. 30 through Sept. 14 in North America and Europe. The multi-tiered agreement will provide Bauer Nike Hockey a presence t

SIA Hires Rocky Mtn. Sales Rep

January 16, 2004 SGB Update

SnowSports Industries America has hired Terry Larson to the position of Rocky Mountain sales and marketing manager. Larson will be responsible for servicing the sales and marketing needs of SIA members in the Rockies…

Noonan is Promoted to COO at Tecnica USA

January 15, 2004 SGB Update

Mike Noonan has been promoted to the position of COO of Tecnica USA and its subsidiary, Volkl Sport America. Noonan replaces John Stahler who will now assume the position of President and CEO of the Tecnica Group in the United States, which includes Tecni

Noonan is Promoted to COO at Tecnica USA

January 15, 2004 SGB Update

Pacific Cycle Acquired by Canadian Consumer Brands Company

January 14, 2004 SGB Update

Dorel Industries Ltd. has signed a purchase agreement to acquire Pacific Cycle, best known for its Schwinn, Mongoose and GT bicycle brands. The total value of the all-cash transaction is US$310 million and is being financed through additional debt facilit

SIA: SnowSports Specialty Sales Fall 9.0% in November

January 14, 2004 SGB Executive

Overall sales in dollars for the winter sports market for the August through November period, including specialty and chain stores, decreased slightly by 1.65% to $652 million according to the SnowSports Industries America (SIA) Retail Audit. Unit

SIA: SnowSports Chain Store Sales Up 4.7% in November

January 14, 2004 SGB Executive

Dorel Acquires Pacific Cycles

January 13, 2004 SGB Update

Dorel Industries Ltd. is adding a significant new leg to
the Company's business by entering the bicycle industry through a major acquisition. The Company has signed a purchase agreement to acquire Wisconsin-based Pacific Cycle…

Oakley Opens O-Store in Chile

January 13, 2004 SGB Update

Oakley opened the first licensed O Store outside the United States and discussed the company's plans for additional international Oakley retail locations. This latest addition to the company's expanding retail presence opened December 10, 2003 i

Precor Acquires Fitness Products International

January 13, 2004 SGB Update

Amer Group's Precor division has acquired Fitness Products International, a privately held company with executive offices and manufacturing facilities in Sun Valley, just north of Los Angeles. FPI serves the commercial fitness market with a range of