SGB Update Apparel
American Skiing Co. to Sell Mount Snow and Attitash…
American Skiing Company has entered into a definitive agreement to sell its Mount Snow and Attitash resorts for $73.5 million to Peak Resorts Inc. The announced sales follow the December announcement of the planned $265 million sale of Steamboat resort. I
Bälle de Mätch Hires Two New Sales Reps
Bälle de Mätch hired two new sales representatives, Terry Gratz and Laurie Bouch, who have joined the California-based tennis apparel company to manage sales in the Northeast and Southeast regions…
Umbro Increases Stake in China Joint Venture to 40%
Umbro plc has reached an agreement with Win Hanverky Group to purchase an additional 15% equity stake in its licensee for Greater China, Team & Sports Ltd and enter into a revised distribution agreement. Umbro purchased an initial 25% equity stake in Octo
Johnson outdoors Receives Marine Tent Order
Johnson Outdoor has received a $1.65 million tent order from The Marine Corps. U.S. Sens. Charles Schumer and Hillary Rodham Clinton and U.S. Rep. Maurice Hinchey, all of New York, announced the order. The tents are produced at Johnson Outdoors' plan
Crocs Inks Licensing Deal for DC Comics
Crocs, Inc. has entered into a licensing agreement with Warner Bros. Consumer Products, Inc. The agreement, which covers both Crocs footwear and Jibbitz shoe charms, among other products, allows Crocs and Jibbitz to license properties by Warner Bros. Cons
Everlast Inks Licensing Deal for Holistic Pain Relief Products
Everlast Worldwide Inc. has signed a license agreement with Bossong Mills Inc. to launch the “Everlast Pain Manager,” a graduated compression band for joint pain produced with Bossong's revolutionary carbon fiber technology. This new product will be
Collegiate Pacific Narrows Q2 Loss on 6% Sales Increase
Collegiate Pacific Q2 net sales were up 6.4% to $49.4 million for the quarter from $46.4 million for the same period in fiscal 2006. Net income for the quarter was a loss of $871,000 compared to a loss of $971,000 last year. Fully diluted earnings per sha
GSI Commerce Sees 38% 2006 Sales Jump
GSI Commerce Inc. saw net revenues increase 38% for the fiscal year to $609.6 million from $440.4 million last year.
Merchandise sales increased 74% to $1.2 billion from $682.0 million. Net income increased to $53.7 million or $1.10 per diluted share from
Hibbett Changes Name and Forms Holding Company
Hibbett Sporting Goods, Inc. changed its name to Hibbett Sports, Inc., which became the holding company for Hibbett Sporting Goods, Inc., effective February 10, 2007. The holding company was formed to correct a technical error with respect to certain of t
A16 Names Vendor and Rep of the Year
Adventure 16 named Icebreaker as its “2006 Vendor of the Year” and that Black Diamond’s Linh Nguyen has been chosen as “2006 Rep of the Year.” Adventure 16 judges its yearly recipients on a dozen criteria ranging from their dedication to specialty retail
Nike Inc. Steps Boldly Toward Future with 23:11 Program…
Nike Inc. held their bi-annual Investor Day entitled “The Customer Decides” in Portland last Tuesday and made a number of very important and unusual announcements to the attendees. They presented, in an uncharacteristic amount of detail, the company'
LaCrosse Q4 Improves Despite Decrease in Days…
LaCrosse Footwear, Inc. saw sales improve for both its fourth quarter and full year, with even stronger gains on the bottom line. All that despite a decrease in the calendar days covered by the current period compared to the year-ago. Fourth quarter conso
OIA Supports New NPS Budget Proposal…
While much of the newly elected democratic Congress was calling President Bush’s new budget proposal, “dead on arrival,” Outdoor Industry Association expressed strong support for the increased funding for National Parks. The Administration’s proposed budg
Gander Pulls Realistic Airsoft Guns off Shelves…
Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of guns that are more obviousl
VF Corp. Organic Growth Continues in Q4; Misses Guidance on Write-Downs…
VF Corporation reported solid organic sales growth during the fourth quarter, but write-downs relating to the company’s Jeanswear business and the recently announced sale of their Intimates business caused net income and diluted EPS to miss guidance issue
