Polo Ralph Lauren will purchase Ralph Lauren Footwear Co., Inc., a wholly owned subsidiary of Reebok and Polo's footwear licensee, for a gross purchase price of $110 million, subject to certain closing adjustments. It is expected that the sale will r
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The Walking Company Acquires Footworks for $10 Million
The Walking Company, signed a definitive agreement to purchase the assets of Footworks, a division of the privately held shoe retailer Bianca of Nevada, Inc., for approximately $10 million. Footworks operates a chain of 8 retail stores selling comfort sho
Finkelstein and Krinsk Looking for Other Plaintiffs in ORNG Case
In March, a complaint was filed alleging violations of the federal securities laws by Orange 21, Inc. and certain of its officers and/or directors. The class action was commenced in the United States District Court for the Southern District of California
Shoe Carnival Q1 Net Up 31% on 5.5% Comp Sales Gain
Shoe Carnival, Inc. reported net earnings for the first quarter ended April 30 increased 31% to $5.9 million, or 45 cents per diluted share, as compared with restated net earnings of $4.5 million, 34 cents per diluted share, in the first quarter ended May
Product Developer — Marmot Mountain
Marmot Mountain is looking for an exceptionally organized individual with logistical problem solving skills. Must have the ability to coordinate multiple priorities to meet established quality standards that adhere to company time lines and season
Gander Mountain Q1 Net Loss Expands on Comp Store Sales Decline
Gander Mountain Company reported sales for the first quarter ended April 30 increased 37% to $135.1 million. Comparable store sales decreased one percent after an increase of 8.7% in the first quarter of 2004. The net loss for the first quarter of fiscal
OIA Applaude Senators Alexander and Landrieu
Outdoor Industry Association applauds Senator Alexander of Tennessee and Senator Landrieu of Louisiana for their tireless support of close to home recreation opportunities for all Americans with the reintroduction of the Americans Outdoors Act today in Wa
PETA Drags Outdoor Brands into Merino Mulesing Fight…
The animal rights group, PETA, has been dragging outdoor companies into an Australian Merino wool boycott, apparently without notifying the companies. In a series of separate announcements, PETA stated that Timberland and Smartwool had joined their fight
OIA Not Happy with U.S. House Action on LWCF…
The House Appropriations Committee voted to eliminate funding for the Land and Water Conservation Fund in the proposed 2006 budget. Since LWCF was created by Congress 40 years ago, the program has funded 40,000 parks in 98% of the counties in the nation.
Lafuma Buys 63.55% Stake in Oxbow…
Last week, BOSS reported that Lafuma and Oxbow shares were suspended from trading on the Paris stock exchange pending merger negotiations (See BOSS_0519). This week, the Lafuma Group signed an agreement with Teahupoo, an investment fund acting on behalf o
Spalding Enters China Market in New Partnership
Russell Corporation's Spalding division has signed a strategic alliance agreement with Kangwei to design, manufacture and sell Spalding products in China. The agreement covers athletic apparel, footwear and accessories. Kangwei has established a sep
Brooks Finds Four on U.S. Marathon Team
Brooks Sports, Inc. will set the pace at the International Association of Athletics Federation (IAAF) World Championships in Athletics, held this summer in Helsinki, Finland. Elite runners supported by the performance running company secured four of the 1
Keys Fitness Will Target the Mass Market
Keys Fitness Products will target distribution of its Ironman Fitness personal health and fitness accessories to national grocery, drug, and mass merchant retailers throughout the United States hoping to reach female consumers, ages 18-54, who purchase 60
Kampus Wakeskat8s Wins BrandNew at ispo
Kampus Wakeskat8s continued a growing tradition of market-savvy sports product development in the United States, becoming the latest American company to win a coveted ispo BrandNew Award. Based in Oceanside, CA, Kampus Wakestat8s received the inaugural Ri
Confluence Acquires Watermark Paddlesports
Confluence Holdings Corp. has signed a purchase agreement under which Confluence will acquire the water sports division's assets of WaterMark Paddlesports Inc. including WaterMark's paddlesports brands, the WaterMark name and WaterMark's a