Russell has purchased the assets of Huffy Sports Company, a division of Huffy Corp., for $30 million in cash, subject to working capital and other adjustments. Under the terms of the agreement, Russell will also assume certain operating liabilities. Huffy
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SGMA Report Shows an Upside for Outdoor
The most recent SGMA Sports Participation in America report revealed some good news for the outdoor industry and some very interesting potential future trends in the bicycle industry. The study released by SGMA, which assesses participation trends in ove
Wolverine Sees More Balance in Q2; Europe Outpaces U.S. in Merrell Growth…
Wolverine World Wide saw a much more balanced growth trend in its brand portfolio in the second quarter, posting good increases across the board with the exception of Wolverine boot sales and CAT footwear. Total sales for the quarter increased 8.0% to $1
Bush Ends Roadless Protection in U.S. National Forests…
Ann Veneman, the U.S. Secretary of Agriculture announced the government’s intention to abandon roadless protections for over 58 million acres of national forest. This decision has the potential to open these lands to deforestation by timber and mining co
Specialized v. Scott USA…
The recent launch of Scott USA bicycles in the U.S. market at the Sea Otter Festival caused some concern among the ranks of Specialized executives. Scott USA has been a strong competitor in Europe, and the company’s ‘Genius’ full suspension MTB design, ac
Physical Fitness Tops When it Comes to Participation…
Based on data outlined in the recently released Sports Participation in America report from SGMA International, America’s seniors are focusing on health and wellness more, pushing participation in low or non-impact fitness activities higher, while the you
Wolverine Works on New Merrell Structure to Energize Performance Products…
Wolverine World Wide saw a much more balanced growth trend in its brand portfolio in the second quarter, posting good increases across the board with the exception of Wolverine boot sales and CAT footwear. Total sales for the quarter increased 8.0% to $1
NRF Seems to be Hedging Bets After U.S. Commerce Dept. Retail Report for June…
The U.S. Commerce Department reported last week that retail sales in GAFS category, which includes most general merchandise categories, rose 5.9% over last year and were flat compared to May of this year. Total retail sales had jumped 7.6% versus last, d
SEW Goes One-on-One with Tom Cove
Tom Cove was recently appointed EVP of SGMA International and will become SGMA’s President and CEO February 1, 2005. From 1991 to 2004, Mr. Cove served as VP of Government and International Affairs for SGMA.
Mr. Cove spearheaded the soccer industry’s
Stride Rite Licenses PRO-Keds to Rocawear’s Dash
The Stride Rite Corporation has entered into an exclusive licensing agreement with Hip-Hop Mogul Damon Dash, CEO of Rocawear clothing and Roc-a-fella records, for the distribution of men's, women's and children's footwear under the PRO-Keds
Axcent Sports Taps Danforth for Director of Product Development
Axcent Sports, the North American Licensee of the Descente brand for athletic sports has hired Allison Danforth as Director of Product Development to its team in Boulder CO…
New Balance Commissions Bronze Statues of Greek Runners
New Balance Athletic Shoe, Inc. has commissioned a bronze statue, entitled “The Spirit of the Marathon,” of 1946 Boston Marathon winner Stylianos Kyriakides, the champion Greek runner whose victory helped bring food, medicine and
world-wide attention to h
Snow Industry Summit is Ready for Next Year
The Snow Industry Summit, an educational and networking conference that made its debut this past April, is scheduled to be held at Copper Mountain Resort, Colo., March 29 – April 1, 2005. The event is being organized by TransWorld Media, SnowSports Indust
OIA is Concerned Over Change to Roadless Rule
The Outdoor Industry Association issued the following statement in response to Secretary of Agriculture Ann Veneman’s announcement of a new Roadless Rule which would abandon national protections for the nation’s last wild forests. The new rule would requ
Setnica Will Moderate OIWC Panel
Lou Setnicka, Training & Employee Development Manager for Patagonia, Inc. will moderate the Outdoor Industries Women's Coalition panel examining women's leadership issues at the annual OIWC Summer Gathering during the Outdoor Retailer Summer Mar