SGB Update Apparel
PPR Acquires Stake in Puma in Lead Up to Proposed Buy Out
After rumors swirled in the market late last week, Puma confirmed that French luxury goods company Pinault-Printemps-Redoute (PPR) had acquired the stake of Mayfair “Beteiligungsfondsgesellschaft” in PUMA and that the company made a voluntary public take-
Coleman Parent Adds Pure Fishing to Outdoor Division
Jarden Corporation has acquired Pure Fishing, Inc., a provider of fishing tackle, lures, rods and reels marketed under brands including Abu Garcia, Berkley, Mitchell, Stren, Trilene and Gulp. Pure Fishing had 2006 revenue in excess of $250 million. Though
American Apparel/Endeavor Merger Moves Ahead
Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million pro-forma EBITDA for the fiscal year ending December 31, 2006. Under the terms of the merger agreement, American Apparel was required t
Puma Shares Rise On PPR Takeover Rumors
Shares of Puma stock rose almost 10% last Thursday on market talk that French luxury-goods retail group PPR is in advanced talks with the sportswear manufacturer’s largest shareholder to buy its 30% stake and then make a bid for the rest. A deal would val
Reebok Launches $30mm Running-Focused Ad Campaign
While doing battle in court, Reebok also took a swipe at Nike's “Just Do It” slogan on the street. One of the poster ads as part of its $30 million “Run Easy” campaign showing a runner in pain exclaims, “What are you just doing? Run easy.”…
Remington Sold to Cerberus for $370 Million
Remington Arms Co. Inc. has agreed to be acquired by private equity firm Cerberus Capital Management LP for $370 million. The purchase priced includes $118 million in cash as well as the assumption of $252 million of debt, including a revolving credit lin
Jetboil Hires Lathrop as VP of Sales
Jetboil has been on a rapid growth curve for the past three years, grabbing market share from many of its competitors in the backcountry cooking segment of the outdoor market and re-inventing the stove category. According to info collected by SportScanINF
Outdoor U. Launches 2007 Events
OIA’s Outdoor University has finalized its program and speaker agenda for 2007 events. The program will be offered at four sessions across the country – Rendezvous Conference/Outdoor University Workshop, EORA Southeast Show, ORA/MRA Midwest Rep Show, and
Stride Rite Sponsors SpongeBob
Stride Rite Corp. will become a sponsor of the SpongeBob SquarePants television show as part of a new promotion behind its SuperBall footwear line…
CandN Sports Group to Sell Digital Floor Displays
C&N Sports Group, a Roanoke, Va.-based performance and athletic apparel distributor to the collegiate retail market, has partnered with IntelliMat, Inc. to sell digital floor displays to approximately 750 collegiate bookstores across the nation…
Gander Plans More Stores for the Southeast
Gander Mountain Company plans to open stores in St. Augustine, Florida; Fayetteville, North Carolina; and College Station, Texas, before the end of June. These openings follow the opening of Gander Mountain's newest store in Eden Prairie, Minnesota,
Brooks Extends Brooks-Hansons Original Distance Project (ODP)
Brooks Sports Inc. announced it has extended and enhanced its partnership with the Brooks-Hansons Original Distance Project (ODP). With mutual commitment to and respect for the sport, both parties decided to extend their existing contract—well before its
Under Armour Launches Survivor Search as Part of ‘Power in Pink’ Campaign
Under Armour will host a national search for breast cancer survivors whose stories of courage and survival illustrate why a physically active lifestyle is so vital to a healthy life with or without cancer. The search is the centerpiece of Under Armour’s 2
Rudy Project Adds to Sales Staff
Rudy Project Technically Cool Eyewear appointed industry veteran Shane Kanderis to the position of Western Regional Sales Director. Kanderis’ responsibilities will include leading Rudy Project’s Western Sales Team and working with and supporting Rudy Proj
Simple Shoes Inks Deal with StopGlobalWarming.org
Simple Shoes has teamed up with the Stop Global Warming Virtual March to develop a special StopGlobalWarming.org edition of the Toepeeka flip-flop for men and women…
