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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

Footstar Shareholder Stirs the Pot…

January 12, 2004 SGB Update

Footstar Inc.’s second largest shareholder, Chapman Capital LLC , which holds a 7.1% stake in the parent company to Footaction , Just for Feet and Meldisco, filed papers last week with the Securities and Exchange Commission that called for the resignation

Kellwood Gets “Phat” with Urban Plans…

January 12, 2004 SGB Update

Kellwood is getting “Phat” after the company reported that it will acquire Russell Simmons’ Phat Fashions LLC in a deal that is reportedly worth $140 million in cash plus earnouts and additional incentives…

Malden Now a Political Focal Point…

January 12, 2004 SGB Update

After a barrage of lobbying from several politicians from both parties, the U.S. Export-Import Bank has agreed to the full $35 million in loan guarantees that former Malden Mills CEO Allan Feuerstein needed to secure funding to regain control of his compa