K-Swiss’s Q4 Losses Widen
K-Swiss widened its net loss in the fourth quarter to $25.2 million, 71 cents per share, compared with a net loss of $20.6 million, or 58 cents, per diluted share, for the prior-year period. Total worldwide revenues increased 17.8 percent to $50.2 million
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
MandA Fees Hurt Derby Cycle Earnings in Fourth Quarter
Derby Cycle AG said preliminary figures indicate its sales increased 6.6 percent in the quarter ended Dec. 31 2011, but that costs incurred fighting off an unsolicited offer hurt profits…
Advocates Say New Government Report Shows Endangered Programs May Be Reducing Cycling Fatalities
As bicycle advocates closed ranks in Washington D.C. last week to prevent Congress from gutting federal funding for pedestrian and bike trails, an obscure federal report emerged indicating those programs may have helped reduce cycling fatalities in 2009.
Ironcald Performance Wear Launches Coleman Glove on Web
Ironclad Performance Wear Corporation is using a limited time, web-exclusive promotion to launch technical performance gloves its developed under license from The Coleman Company for the outdoor sports and camping enthusiast…
Jarden Expects Late Winter to Cut 2012 Snow Sports Sales by up to 10 Percent
Jarden Corp. expects sales of its K2, Marker and Volkl ski and snowboard products would decline by 5 to 10 percent, or up to $50 million, this year due to the unseasonably warm start to winter in the fourth quarter in both the United States and Europe…
Billabong Gets Buyout Offer from TPG
Billabong has received a buyout offer from private equity giant TPG, a person familiar with the matter told Deal Journal Australia. The conditional offer, contained in letter Tuesday, valued the company at Australian $765.3 million (US $819.3 million)…
Maverik Lacrosse Founder Inducted Into Hall of Fame
Maverik Lacrosse's founder and president John Gagliardi from Manhasset was inducted into the Long Island Metropolitan Lacrosse Hall of Fame…
Puma’s Q4 Revenues Climb 16 Percent
Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. Puma said it expects sales to rise by a high-single-digit percentage in 2012 and 2013, and net income to increase at a mid-single-digit pace in eac
Jarden Outdoor’s Sales Slow Sharply in Fourth Quarter
Jarden Corp. reported its Outdoor Solutions segment generated net sales of $614.5 million in the fourth quarter ended Dec. 31, 2011, up 1.7 percent from the year earlier quarter. The segment owns such brands as Abu Garci, Berkley, Coleman, ExOfficio, K2,
OIA Webinar to Focus on Working with the Federal Government
Outdoor Industry Association (OIA) will present an online webinar on Friday, February 17, focusing on the opportunities and challenges of working with the federal government…
Sperry Top-Sider Adds New Licenses
Sperry Top-Sider signed three additional new license agreements to expand Sperry Top-Sider branded products into the categories of luggage, watches and eyewear…
Eddie Bauer CEO Departing
Neil Fiske, who took the helm at Eddie Bauer in 2007 and tied its turn around to a return to its roots in technical mountaineering, will leave the company, according to an article in the Seattle Times…
Pon Holdings Forms Bicycle Business Unit
Pon Holdings BV has formed a bicycling unit to oversee its growing investments in cycling, which now include the Gazelle and Cervélo brands as well as those owned by Germany's Derby Cycle AG….
Hi-Tec Sports Partners with Friends of Trees
Hi-Tec Sports USA is literally deepening roots in its adopted hometown of Portland, OR. The global sports and outdoor company, which moved its USA headquarters from Modesto, CA to Portland, OR in Jan. 2011, has partnered with Friends of Trees and committe
