SGB Update Footwear
OIA Scores Major Victories During Final Votes of 109th Congress
Outdoor Industry Association scored a series of major victories on Capitol Hill recently. Congress has approved legislation that for the first-time provides a permanent source of funding for local parks and trails. The precedent-setting legislation establ
GBMI Creates U.K. Subsidiary
Global Brand Marketing Inc. is organizing its operations in the United Kingdom in order to establish direct control over its wholesale distribution, merchandising and marketing in that region. In addition, GBMI has hired Steven Price Brown to head up GBMI
Sports, Inc.’s Team Dealers’ Show a Success…
Sports, Inc. reported that its Team Dealers’ Show, which took place in Las Vegas in November, saw a 31% increase in show sales over 2005. 484 store owners, buyers, and team sales people from 156 member locations attended the show with 5 prospective dealer
G-III Posts Strong Q3; Increases Guidance…
G-III Apparel Group, Ltd. managed growth in sales through both the margin and expense line to produce a steep gain on the bottom line.
On the sports side of the company’s business, it is in the process of launching an Alyssa Milano collection of juniors
Aspen, prAna, and Vail Honored for Green Power Initiatives
This week, the U.S. Environmental Protection Agency, the U.S. Department of Energy, and the Center for Resource Solutions honored a group of organizations with the annual Green Power Leadership Awards, recognizing leading national green power purchasers a
Eesa Names New Northwest Rep
Eesa has teamed up with Dan Sorcinelli to rep the Northwest region for the company…
Nike Donates Footwear to New Orleans Recreation Department
In support of Nike athlete Serena Williams' “Williams Sisters Tour,” NikeGO, Nike's signature community affairs program, will donate $50,000 worth of children's footwear (approximately 500 pairs) to the New Orleans Recreation Department to
Lotto Steps Up U.S. Presence with Etonic Acquisition…
Lotto Sport Italia last week announced that it had acquired Etonic Worldwide, giving the Italian brand a broader presence in the U.S. Lotto, which has been primarily known as a soccer and tennis brand — outside of a few years in the late 80’s when it sa
The Finish Line Expects Q3 Loss on Comp Declines…
The Finish Line, Inc. reported that total net sales increased 2.7% to $281.5 million for the third fiscal quarter ended November 25 from $274.0 million in the year-ago period, but comp store sales declines across the board at the company’s Finish Line nam
Quiksilver Sets Sights on Mexico with JV…
Quiksilver, Inc. planted a flag in the Mexican market last week as it announced a new joint venture it entered into with PBM International. The JV will focus on marketing, selling, and distributing “Quiksilver” and “Roxy” branded products in Mexico as we
On-Line Holiday Spending Season is Underway…
According to OIA, on-line retail sales growth in the outdoor industry is out-pacing brick & mortar sales growth by more than a two to one margin. With the holiday selling season ramping up, e-commerce outdoor retailers are seeing some fundamental shifts i
Umbro Warns on 2006 Sales…
While Umbro has continued to perform in line with management’s expectations internationally, sales in the U.K. market continue to be heavily promotional and challenging. As a result, the company issued an earnings warning stating that full-year results ar
Garmin to Acquire Dynastream in $36 million Deal…
Garmin is enhancing its position in the fitness and training industry by acquiring one of its key component suppliers, Dynastream for $36 million in cash. The Alberta-based company will continue to operate as a wholly-owned subsidiary of Garmin. Dynastrea
Garmin to Acquire Dynastream in $36 million Deal
Garmin is enhancing its position in the fitness and training industry by acquiring one of its key component suppliers, Dynastream for $36 million in cash. The Alberta, Canada-based company will continue to operate as a wholly-owned subsidiary of Garmin. D
U.S. Supreme Court Hears CO2 Regulation Case…
The U.S. Supreme Court heard oral arguments this week in the Massachusetts v. EPA suit. To many environmental groups and outdoor businesses that depend on snowfall, this is considered a landmark global warming case. Petitioners in this case are asking the
