Reebok International plans to acquire all of the outstanding shares of Montreal-based The Hockey Company Holdings for Canadian $21.25 per share in cash. The boards of directors of both companies have unanimously approved the transaction. The equity value
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Payless March Comps Rise 4.6%
Payless ShoeSource same-store sales increased 4.6% percent during the March reporting period, the five weeks ended April 3, 2004. Company sales totaled $284.6 million, a 5.0 percent increase from $270.9 million during fiscal March of last year…
The Conservation Alliance Announces Grant Recepients
The Conservation Alliance, a coalition of outdoor industry businesses working to fund conservation and recreation causes, today announced its first round of funding for 2004. Five grants, totaling $160,000, were awarded by the coalition to organizations
K2 Hires Bernthal to Head EU Marketing Effort
K2 SPORTS announced the appointment of Robert “Bernie” Bernthal as brand director for the European market. Bernthal will work out of K2 SPORTS’ European headquarters in Penzburg, Germany.
180s Ranked #1 Fastest Growing Inner City Company
180s along with Inc. magazine announced that 180s ranked number one on the ICIC-Inc. Inner City 100 list, an annual ranking of the fastest growing inner-city private companies in America. The Inc. Inner City 100 Special Issue will appear on newsstands Apr
REI Releases Survey on Women’s Specific Equipment
Do you run like a girl? If you're one of the nearly 17 million women across the country that participate in outdoor recreation*, the answer is likely a proud “yes.” You also ski, snowboard, bicycle, backpack and climb like a girl — and the outdoor i
OR will Distribute Exped
Outdoor Research has announced that effective January 1, 2005, they will be the exclusive Exped distributor for North America. This strategic business move will make available Exped's tents, sleeping bags and mats, along with OR's existing line
B of A Conference May Shed First Light on the Post-Footaction Era..
The Banc of America Securities Investor Conference in New York last week gave many an opportunity to get the first post-Q4 outlook from a number of companies we follow on a regular basis. As usual, much of the presentations is boiler-plate stuff we see d
Get Outdoors Act is Established
The OIA hosted a press conference where Congressmen George Miller (D-CA) and Don Young (R-AK) introduced the Get Outdoors Act which will establish a trust fund providing $3.1 billion annually to encourage physical activity and recreation. The goal of the
OIA presents Friend of Outdoor Industry Awards
Outdoor Industry Association is presenting its Friend of the Outdoor Industry award to Senator Patty Murray today to honor her strong leadership on the Wild Sky Wilderness proposal and to Representative Sherwood Boehlert (R-NY) to honor his leadership in
Scott USA Brings Back Bikes
Scott USA announced its return to the USA in the coming months and offer a full line of bicycles and selected cycling accessories for the 2005 model year. Beat Zaugg, President of Scott Sports Group said, “We have always wanted to return to North America.
HighGear is Ready to go International
HighGear/TechTrail is often described as one of the fastest-growing brands in the outdoor business, and after much success domestically, the North Carolina based company is now set to take their international business to an elevated level, with the additi
Genesco Completes Hat World Corporation Acquisition
Genesco Inc. has completed the acquisition of Hat World Corporation. The total purchase price for Hat World was $177.4 million in cash, including adjustments for $11.1 million of net cash acquired and for working capital and certain tax benefits, subject
Get Outdoors’ Act Introduced in U.S. Congress
The Great Outdoors is getting the attention it needs and deserves — thanks to the introduction of the Great Outdoors Act. Introduced by Representatives Don Young (R-AK) and George Miller (D-CA), this bill will help improve the health and quality of life
The Athlete’s Foot Taps Master Franchisee for Trinidad and Tobago
The Athlete's Foot has formalized an agreement with Jagasons Limited, a Republic of Trinidad and Tobago corporation, to become The Athlete's Foot's master franchisee for Trinidad and Tobago. The company projects a minimum of six openings ov
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