S.R.A.M. = SRAM, Rock Shox, Avid, and … Mavic?

An article published in DirtRag set the bicycle industry abuzz with talk of SRAM’s latest acquisition. The piece quoted SRAM’s Michael Zellman saying that his company has acquired the French wheel manufacturer, Mavic, currently owned by adidas-Salomon. BO

Independent Reps Wanted — Teko

Teko®, LLC is looking for independent reps for Southern CA, Mid Atlantic, Texas, and the Great Lakes. Teko makes high performance outdoor socks while striving to have the least environmental impact. Teko is proud to have received the 2005 Backpac

VF Corp. To Add Reef to Growing Outdoor Coalition

VF Corporation has signed a definitive agreement to acquire all the outstanding stock of Reef Holdings Corporation from an investor group led by majority shareholder Swander Pace Capital. Terms were not disclosed. Reef had sales of $75 million in 2004 exc

Nike Fiscal Q3 Net Income Up 36% on a 14% Revenue Increase

Nike reported revenues for the third quarter increased 14% to $3.3 billion, versus $2.9 billion for the same period last year. Third quarter net income totaled $273.4 million, or $1.01 per diluted share, compared to $200.3 million, or $0.74 per diluted sh

Prime Rate Investors to Acquire Skiershop Mountain Sports

Prime Rate Investors, Inc. signed a letter of intent to acquire Skiershop Mountain Sports, the Stowe, Vermont based retailer of skis, bikes, and outdoor gear and apparel. Its e-tail platform www.skiershop.com is featured as “Best of the Web” on Forbes.com

Saks February Comps Increase 3.5%

Saks Incorporated, for the four weeks ended February 26, 2005 compared to the four weeks ended February 28, 2004, total sales increased 2.6% and comparable store sales increased 3.5% on a total company basis. By segment, comparable store sales increased 0

Rebel Sports H1 Income Slips on Slight Sales Gain…

Rebel Sports, Australia’s largest sporting goods retailer, issued a preliminary sales report in January for the first half of 2004-05 (See SEW_0506). In the company’s more recent, fully audited first half financial release, Rebels Sports reported a 4.4% s

Mountain Hardwear Names New Marketing Director

Mountain Hardwear announced that Phyllis Grove has been named to the position of Marketing Director. Grove will oversee marketing efforts for the company including strategy, branding, advertising, web, retailer coop programs, consumer and trade promotions

Garmin 2004 Income Climbs 15% with 33% Sales Gain…

Garmin reported revenue for the fiscal year was $762.5 million, an increase of 33.1% over $573.0 million generated last year. This beats guidance given for revenue to be in the range of $742-$746 million. The Consumer segment reported revenue for the fisc

Lafuma Sees Strength Across Board…

Lafuma is becoming more and more dependent on international sales. The French company posted a 9.8% increase in sales to €37.0 million ($48.0 mm) for the first quarter of fiscal 2005 and international sales accounted for 40.0%, or €14.8 million ($19.2 mm)

prAna Looks Forward to 13th Year

As prAna heads into it's 13th year of business, the company continues to
keep a tight focus on the youth market.
PrAna got it's start in the climbing market and has built its name in that
community by creating long-standing relationships with yo