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Confluence Acting CEO Makes it Official

Confluence Watersports recently appointed John
Bergeron as the company's new President and Chief Executive Officer. Bob Sharp has been the acting CEO since May of 2002 and will continue in his position as a principal with American Capital Strategies

Columbia Acquires Mountain Hardwear

Columbia Sportswear Company has entered into a definitive merger agreement to acquire Mountain Hardwear Inc. for aggregate consideration of approximately $36 million, including approximately $30 million in cash and $6 million of debt assumption. The merg

adidas and Louisville Sign Sports Marketing Deal

adidas America and the University of Louisville have reached a multi-year sports marketing partnership. This multi-year sports marketing partnership is an extension of the previous agreement that began in 1998. Terms of the agreement were not disclosed…

Foot Locker Grows 2002 Profits 46% on Flat Comps

Foot Locker, Inc. reported sales for the full year 2002 increased 4.3% to $4.5 billion as compared with sales from adjusted operations of $4.325 billion last year. Comparable-store sales inched up 0.1%. Income from continuing operations for 2002 increas

Vail Resorts Fiscal Q2 Net Income Sinks as Revenue Surges

Vail Resorts, Inc. announced Mountain revenue for the second quarter of fiscal 2003 ended January 31, 2003 was $189.2 million, a 29.6% increase from $146.0 million for the comparable period last year. Lodging revenue for the second quarter increased $2.5

adidas-Salomon Sales Surpass $6.5 Billion Mark in 2002

adidas-Salomon 2002 fourth quarter net sales grew 8% to €1.5 billion vs. €1.4 billion in Q4 2001. On a currency-neutral basis, sales increased 17%. Net income improved 21% to €29 million, or €0.64 per share.

Consolidated net sales for full year 2002 g

Jandd Considers Move Back to Santa Barbara Roots

Jandd Mountaineering Inc., maker of high-quality bags, backpacks and a host of other accessories for the active outdoors, may return to Santa Barbara. The company founded by then-UCSB student Dave Sisson 20 years ago, packed its own bags and headed sou

Quiksilver Sets Pace for Record Year…

Quiksilver looks to riding much the same wave as PacSun, but with broader appeal beyond the narrow – but deep — teen segment. The company is growing business across all age groups, genders and continents to establish a truly global lifestyle brand with

Quiksilver Doubles Fiscal Q1 Profits on 31% Sales Gain

Quiksilver, Inc. announced consolidated net sales for the first quarter of fiscal 2003 ended January 31, 2003 increased 31% to $192.1 million as compared to fiscal 2002 first quarter consolidated net sales of $147.0 million. Consolidated net income for th

GBMI Gets Attitude With Pony Acquisition Deal

Rumors have been flying for weeks about a mysterious “Brand Six” that was about to be added to the stable at GBMI. Speculation ran from GBMI buying an athletic performance brand to acquiring a skate shoe company. A section of their new headquarters in S

Fila Narrows 2002 Loss on 7.0% Sales Decline

Fila Holding S.p.A. reported a 2002 full year net loss of $76.4 million compared with $125.2 million in 2001. Worldwide revenues for the year decreased by 7% to EUR 909.5 million and were flat when expressed in terms of constant exchange rate and continu