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Schwinn Sponsors Boy Scout Jamboree

Schwinn Bicycles has joined forces with the Boy Scouts of America by providing 1,000 bicycles for the 2005 Boy Scouts Jamboree. The Scouts will use the Schwinns for transportation throughout the 3,000-acre Jamboree site. Attendees will include 35,000 Scou

Is The Climbing Shoe Market Settling Down?

Over the past two years, the climbing shoe market has been in turmoil with falling prices and an unprecedented number of brands setting up shop in North America. Last Year, The B.O.S.S. Report ran a three part series on the initial shake-up (see BOSS_0410

Is Everyone Looking to China?

A recent Boston Globe article highlighted Tubbs Snowshoes and the company’s relocation of its production facilities following K2’s acquisition of Tubbs’ parent company, WinterQuest. K2 also closed the Atlas Snowshoes manufacturing and distribution facilit

Shimano Misses 2004 Guidance; Still Posts Record Year…

Shimano finished off fiscal 2004 with a very strong fourth quarter, posting a 16.9% increase in sales to ¥46.6 billion ($441.0 million). In spite of the strong improvements over 2003, the company did not quite reach its full year projections of ¥170 billi

Magnum Acquires U.S. Footwear Factory

Magnum USA, a division of Hi-Tec Sports USA, is proud to announce the acquisition of an historical Lewiston, Maine footwear factory, Falcon Shoe Manufacturing Co. Transfer of assets occurred on March 1, 2005. Magnum will begin producing Made-in-USA foot

Payless Comps Jump 13.5% in February

Payless ShoeSource same-store sales increased 13.5% during the February reporting period, the four weeks ended February 26, 2005. Company sales totaled $182.5 million, a 10.8% increase from $164.7 million during fiscal February of last year…

Ernst and Young Sees U.S. Retail Growth Up 6.5% in 2005

U.S. retail sales will grow 6.5 % in 2005, compared with an 8.7% increase last year, according to the annual industry forecast from The Ernst & Young Consumer Trends Center. The forecast also anticipates that many consumer products categories will be defl

Foot Locker Beats Street Estimates for Q4; Net Up 21%

Foot Locker, Inc. reported net income for its fourth quarter ended January 29, 2005 increased 21% to 57 cents per share, or $89 million, from 47 cents per share, or $71 million in Q4 last year. Sales increased 15.1% to $1.54 billion this year compared wi

Billabong Sees H1 Profit Growth Outpace Sales Gains…

Billabong International, Ltd. saw net profit rise 73% from A$41 million ($28.2 mm) last year to A$70 million ($51.4 mm) for the first half of the 2004/05 fiscal year while EPS lifted 70% to 34 cents per share. Total sales rose 37% to A$419 million ($307.5

Globe’s Half-Year Revenues Jump 20%…

Globe International revenues improved 20% over the year-ago period to A$108.5 million ($79.6 mm) for the first half. Australian and New Zealand revenues rose 12.4% to A$61.7 million ($45.3 mm); and European revenues rose 60.9% to A$10.3 million ($7.6 mm).

Nautilus Appoints New CFO

Nautilus has promoted Bill Meadowcroft to chief financial officer effective March 31, succeeding Rod Rice who is retiring March 31 after 11 years with the company. Meadowcroft joined Nautilus in 2000 and has served as the company's principal accounti

Gander Inks New $225 Million Credit Facility

Gander Mountain announced the signing of a new credit facility for $225 million with Fleet Retail Group, Inc., a Bank of America company. The facility may be increased to $300 million subject to certain terms and conditions. This facility expands and exte