Vibram was named one of the top ten most significant gear innovations in the history of outdoor sports according to the February 2004 issue of Hooked on the Outdoors…
Tag: Supplier
Noonan is Promoted to COO at Tecnica USA
Mike Noonan has been promoted to the position of COO of Tecnica USA and its subsidiary, Volkl Sport America. Noonan replaces John Stahler who will now assume the position of President and CEO of the Tecnica Group in the United States, which includes Tecni
Pacific Cycle Acquired by Canadian Consumer Brands Company
Dorel Industries Ltd. has signed a purchase agreement to acquire Pacific Cycle, best known for its Schwinn, Mongoose and GT bicycle brands. The total value of the all-cash transaction is US$310 million and is being financed through additional debt facilit
Dorel Acquires Pacific Cycles
Dorel Industries Ltd. is adding a significant new leg to
the Company's business by entering the bicycle industry through a major acquisition. The Company has signed a purchase agreement to acquire Wisconsin-based Pacific Cycle…
Oakley Opens O-Store in Chile
Oakley opened the first licensed O Store outside the United States and discussed the company's plans for additional international Oakley retail locations. This latest addition to the company's expanding retail presence opened December 10, 2003 i
SRAM to Acquire Avid
SRAM Corporation has signed a Letter of Intent to purchase Avid LLC. This acquisition furthers SRAM’s goal of providing a full component group to the bike industry. SRAM and Avid are currently in the final phase of due diligence, with the closing expected
Precor Acquires Fitness Products International
Amer Group's Precor division has acquired Fitness Products International, a privately held company with executive offices and manufacturing facilities in Sun Valley, just north of Los Angeles. FPI serves the commercial fitness market with a range of
Everlast Restructures Series A Preferred Stock Minimum Redemptions
Everlast Worldwide Inc. announced that it has entered into an agreement with its Principal Preferred Stockholder, modifying its annual minimum redemptions. Under the terms of the agreement, in lieu of a cash payment for the redemption of a portion of the
NRF Projects 5.0% Retail Growth in 2004
Following a year of bumpy growth, the economy is poised for consistent gains in 2004. The National Retail Federation released its 2004 forecast, predicting that GAFS sales will increase 5.0% from last year. According to its Retail Sales Outlook Report,
SGMA Releases Annual State of the Industry Report
There is further retail consolidation among retailers, as well as manufacturers. Internet sales strengthen. Licensed sales gain momentum. Federal funds back P.E. Those are just a few of the topics in the 2004 SGMA International State of the Industry r
Forzani Under Investigation for Advertising Practices
The Forzani Group Ltd. was recently contacted by the Canadian Competition Bureau about certain of its advertisements. The Company said in a release on Thursday that they aways have been “committed to compliance with the advertising provisions of the Compe
Bell Canoe Appoints New Reps
Bell Canoe Works has grown its team of professional paddlesports representatives and expanded product distribution. Craig Johnson, Sales Manager, announced the company has signed agreements with two new rep groups and launched distribution into Eastern Ca
Forzani Holiday Comps Up 6.5%; Franchise Comps Jump 18.1%
The Forzani Group Ltd. reported that Holiday Season results for the eight weeks ended December 28th, 2003 showed a 10.9% increase in total retail system sales. Comparable retail system sales were up 6.5%. Comparable corporate stores sales increased 2.0%
Big 5 Sporting Goods Q4 Comps Up 3.6%
Big 5 Sporting Goods Corporation reported that net sales for the fourth quarter ended December 28, 2003 increased 8.5% to $191.8 million from $176.7 million in the same period last year. Same store sales increased 3.6% for the quarter, representing the 32
Urban Outfitters December Comps Jump 20%
Urban Outfitters announced record sales for the two-month period beginning November 1 and ending December 31, 2003. Total comparable store sales increased by 20%. Comparable sales at our Urban Outfitters and Anthropologie stores were up 19% and 21%, respe