SGB Update Apparel
GarminAcquires Digital Cyclone
Garmin Ltd. has acquired Digital Cyclone Inc. for $45 million in cash. The acquisition is expected to be accretive to Garmin Ltd. earnings in 2007. DCI will operate as a subsidiary of Garmin Ltd. The company will retain its management, R&D, and supporting
ispo BrandNew Awards Announced
ispo announced the winners of the 15th BrandNew contest. The awarding of the ispo BrandNew trophies will take place on the catwalk of the “BrandNewVillage” in Hall A2 at 4:30 p.m. on February 5, 2007. BrandNewVillage, which covers a total area of more tha
Hot IPO’s Drive Interest in Market…
After 2005’s barnstorming series of IPO’s for the sporting goods industry, 2006 had a bit more of a roller coaster ride…
Outdoor Market Sees Acquisitions Slow in 2006…
This year could easily be looked at as four quarters of integration. The massive, blockbuster acquisitions of 2004 and 2005 forced many of the serial consolidators to take a step back and start to put the pieces of their new puzzle together in the most ef
Trade Industry Organizations Had a Busy 2006…
This year outdoor industry organizations were busy with their own consolidation efforts, some of which were successful, and others which are still shaking out.
In January, OIA acquired Outdoor University and began a transformation process for the program
Planet Dog Names Operations Manager
Shari Duke has been promoted by Planet Dog from Assistant Controller to Operations Manager. In addition to her current responsibilities of supervising inventory control and the shipping and receiving functions, Shari will be taking on the added responsib
Nike Q2 Sales Up 10%; Net Up 8%
Nike, Inc. saw fiscal second quarter revenues grow 10% to $3.8 billion from $3.5 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 1 percentage point for the quarter. Net income grew 8% in the quarter to
American Apparel Acquired By Endeavor Acquisition Corp.
American Apparel Inc. and Endeavor Acquisition Corp. have signed a definitive merger agreement in which Endeavor will acquire American Apparel and its affiliated subsidiaries for up to 32,258,065 shares of restricted Endeavor stock. Endeavor will also ass
Reebok Inks Licensin Deal for Play-doh Sneakers
Hasbro, Inc. has signed a deal with REEBOK International to manufacture the Versaflex PLAY-DOH collection of toddler footwear with PLAY-DOH compound inspired gel-cushioning material built into the heel. PLAY-DOH is under license from HPG, the licensing ar
Golf Galaxy Q3 Sales Gain Slowed by Acquisition Costs
Golf Galaxy, Inc. saw net sales increase 45.1% in the third quarter to $46.1 million from $31.8 million for the same period of the prior fiscal year. Comparable store sales increased 3.8% for the quarter on top of a 6.7% increase in the year-ago period. T
American Skiing Co to Sell Steamboat to Intrawest
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation, in Steamboat Springs, Colorado, to Steamboat Acquisition Corporation, an affiliate of Intrawest ULC, for $265 million. The announced sale follows t
ECCO USA President Promoted to Director of Americas
Tom Nelson, president of ECCO USA, will be promoted to Regional Director of ECCO Americas as of January 1, 2007. In addition to his ongoing responsibilities as ECCO USA president, Nelson’s new role will include serving as Chairman of ECCO Canada’s Board o
K2 Sports and Flow End Hiback Dispute…
Flow International and K2 Sports have resolved their binding patent dispute. The center of the conflict revolved around Flow’s hiback bindings that allow a rider to slide a boot into a cloth strap, then flip up the back and carve down the mountain. A c
OBIT: Lamar Hunt
Lamar Hunt, founder of the Kansas City Chiefs, as well as one of the founders of the American Football League and among the leaders of the AFL-NFL merger, passed away Wednesday evening December 13 at the age of 74. Hunt is also credited with coining the t
Vendors and Retailers Were Firing on All Cylinders in the Third Quarter…
Early cool weather helped the pace of sales and profit growth during the third quarter for Bicycle, Outdoor, and SnowSports vendors and retailers alike. With rising average selling prices and strong early sell-through delivering double-digit sales growth
