Jarden Corporation, the company behind several consumer brands such as Bicycle playing cards and FoodSaver vacuum food storage devices, has acquired all of the assets and assumed all debt of Coleman’s parent company, American Household. The $745.6 million
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SMS Clothing Attracts New Investors and Hires Marketing Mgr.
SMS Clothing has appointed a new sales manager and attracted new investors to “take their technical outerwear line to the next level.” Peter Godber recently joined the SMS team as North American Sales Manager…
Nike Beats Fiscal Q1 Street Estimates; U.S. Futures Up 11%
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31 increased 18% to $3.6 billion, versus $3.0 billion for the same period last year. Net income totaled $326.8 million, or $1.21 per diluted share, compared to $261.2 million, or
Jarden Corp. Acquires Coleman Parent Company
Jarden Corporation has signed a definitive agreement to acquire privately held American Household, Inc. for $745.6 million in cash for the equity and the assumption or repayment of indebtedness. American Household is the parent of The Coleman Company, Inc
Nike Posts Solid Quarter to Start New Fiscal Year…
NIKE, Inc. moved their traditional quarterly earnings release date up a few days to accommodate the company’s annual meeting on Monday, a move a number of analysts applauded for its timing and content. Company management was again almost giddy with excit
Globe International Appoints Hill CEO
Globe International has appointed Matt Hill as chief executive officer of the company. Mike Sonand, Globe’s former chief executive officer, will be appointed as chief operating officer and will report to Hill. Matt is the younger brother of Globe founde
Wilderness Act Turns 40
As hundreds of wilderness activists converge on the
nation’s capital to celebrate the 40th anniversary of the landmark Wilderness Act, the Sierra Club is also pausing to celebrate the birthday of one of America’s legendary wilderness champions. Dr. Edgar
Ajay Sports to File Past 10-Q’s and K’s
Ajay Sports, Inc., which owns Pro Golf International, Inc., has announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004. Management said they will focus on restructuring the company to improve the bottom line an
Warrior Lacrosse Expands Sales Organization
Warrior Lacrosse has expanded their national sales team with the recent hire of three sales associates, Jack Piatelli in New England, Chip Mayer in the Southeast, and Scott Hochstadt on the West Coast. Piatelli comes to Warrior from Brine Inc. where he s
Ibex Wins Guides Choice Award
IBEX Outdoor Clothing was awarded the American Alpine Institute (AAI) Guide's Choice Award. The award presentation took place on August 12, 2004 at the Outdoor Retailer Summer Market tradeshow in Salt Lake City, Utah.
Outdoor Executives Gather in Oregon to Endorse Kerry
Senior executives from leading outdoor manufacturers, retailers and associations across the country gathered today to endorse Senator John Kerry for President and Senator John Edwards for Vice President. They announced their endorsement at a press confer
SIA and VERB Announce National Kid’s SnowSports Day
SnowSports Industries America (SIA) and VERB™, a national government funded kid’s marketing campaign, have created the first-ever VERB SnowSports Day on December 4, 2004. The event will take place in retail stores nationwide and will serve as a catalyst
Quiksilver Sees Global Brand Model Clicking on all Cylinders in Fiscal Third Quarter…
Quiksilver beat earnings estimates for the fiscal third quarter ended July 31, posting diluted EPS of 32 cents for the period against analysts expectations for 29 cents a share, thanks in large part to a nice improvement in gross margin, continued sales s
EMS Management in Buyout Deal…
Over the past few years, EMS has been described as “lacking oomph,” or “aimless” without a CEO or GMM, but the company still produced respectable results with an estimated $180 million in sales in 2003. Late last year, Will Manzer came on-board as the com
Manzer Leads EMS Management Team in Buyout…
For years Eastern Mountain Sports has been quietly doing business through its 84 stores in the Northeast and Colorado, in fact some would argue, almost too quietly. Over the past few years EMS has been described as “lacking oomph,” or “aimless” without a