SGB Update Footwear
West Marine Fiscal 2006 Sales Positive Despite Fourth Quarter Slip…
West Marine, Inc. saw both overall and comparable store sales slip in the fourth quarter, but not so much as to drag the annual results negative. Net sales for Q4 were $122.3 million decreasing 2.0% from $124.8 million for the same period last year. Compa
Urban Climber Parent Acquires Climbing Magazine
Skram Media LLC, a platform multi-media holding company that is the parent company to Urban Climber Magazine, The Surfer’s Path, and several other action sports consumer titles, has completed the purchase of Climbing Magazine and Climbing.com from Primedi
Ads for the Earth Auction Currently Under Way
The Conservation Alliance “Ads for the Earth” benefit auction has completed one week of bidding, and will conclude on January 12. The auction consists of ad space donated by Outdoor Business, Backpacker, Climbing, Canoe & Kayak, GearTrends, National Geogr
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…
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
VF Outdoor Coalition to Acquire Eagle Creek…
VF Outdoor, Inc. is in negotiation to acquire Eagle Creek, Inc. Eagle Creek currently has annual sales of approximately $30 million. Terms were not disclosed, but SEW suspects that Eagle creek sold for a premium, given the brand equity company founder Ste
adidas Refuses to Outbid Nike for German Soccer Sponsorship
Herbert Hainer, CEO of adidas, told German newspaper Sueddeutsche Zeitung that his company will not enter a bidding war with rival Nike to keep its sponsorship of Germany's national soccer team…
The Finish Line Posts $3 Million Dollar Loss in Quarter Three
The Finish Line, Inc. posted a net loss of $3.0 million for the third quarter, or 6 cents per diluted share, after reporting a net income of $845,000, or 2 cents per diluted share in the same quarter one year ago, Consolidated net sales increased 2.7% 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
MacGregor Names Director of Tour Operations
MacGregor Golf has hired Michael Biviano as Director of Tour Operations. Biviano will be responsible for all initiatives relating to the PGA Tour and will report directly to Blake Schneider, Director of Strategic Projects, MacGregor Golf…
