SGB Update Footwear
Mizuno USA Full Year Sales Up 16% on Strong Athletic Biz
Mizuno USA, Inc. posted another record setting year in sales revenue and profit, recording a 16% increase over previous year’s sales. A company release indicated Mizuno USA had more than doubled revenue since 1999, with 2005 representing the sixth consec
Descente North America to Sponsor China’s Freestyle Team in Torino
Descente North America signed an agreement to sponsor the Chinese Freestyle Ski Team for the 2006 Torino Olympics. This marks the first of a partnership between the Utah based Descente North America and the Chinese Team…
REI Announces Vendor Partners of the Year
Recreational Equipment, Inc. named Eagle Creek as its Vendor Partner-of-the-Year at the 2005 vendor partnership awards at the winter Outdoor Retailer trade show. Other award winners included Kelty in the Camp/Travel Division, Black Diamond Equipment in t
Billabong Names National Sales Manager
Billabong appointed Jeff Booth, former top 5 ASP surfer, as Men’s National Sales Manager starting in January 2006. The long time Laguna Beach resident and former top professional on the ASP World Tour will head up the men’s sales force and continue Billab
Mountain Hardwear Names New Director of Operations
B. James Bottoms has been named to the new position of Director of Operations at Mountain Hardwear Inc. Bottoms will execute the strategic and tactical operational plans for Mountain Hardwear. He will oversee the functional areas of customer service, fore
Columbia Acquires Montrail…
Columbia management sees opportunities in leveraging sourcing, logistics, and capital strength to develop Montrail in the specialty footwear channel and to expand the brand globally. Columbia will also leverage the performance and fit characteristics that
Johnson Outdoors Sees Military Sales Decline Drag Down Fiscal Q1 Results…
Johnson Outdoors Inc. saw first quarter sales decline primarily due to a considerable decline in military sales in the outdoor equipment division. Excluding the $4.6 million decline in military tent revenues, total company sales would have been up $2.2 mi
Brunswick Q4 Fitness Profit Gain Offsets Bowling and Billiards Decline…
Brunswick fourth quarter net sales increased to $1.49 billion, up 12% from $1.33 billion a year earlier. Acquisitions accounted for half the sales increase in the quarter. Net income totaled $88.3 million, or 90 cents per diluted share, for Q4, up from
Lafuma Continues N.A. Growth; Builds War Chest…
The Lafuma Group reported a considerable increase in sales during the company’s fiscal first quarter, mainly due to the recent acquisition of OxBow. Including OxBow, total group sales increased 27.0% to €46.6 million ($55.9 mm) compared to €36.7 million (
TSA Goes Private in $1.3 Billion Deal…
If all boats rise and fall with the actions of a particular company, then The Sports Authority created a tsunami on Wall Street last week for the sporting goods retail market, which grew at roughly three times the rate of the overall S&P 500. TSA shares
OIA Develops Fair Labor Code; Announces First Annual Awards
Outdoor Industry Association has adopted a supplier code of conduct as developed by the organization’s Fair Labor Working Group. In addition, OIA released a Fair Labor Toolkit at Outdoor Retailer Winter Market. The Fair Labor Toolkit presents a code of co
Gander Gets Class Action Dismissal…
The U.S. District Court in Minnesota has dismissed in its entirety and with prejudice the consolidated securities class action complaint filed against Gander Mountain Company and certain of its officers and directors. Plaintiffs have 30 days from the date
Yue Yuen Margins Take Another Hit in Fiscal 2005, But Retail Growth Helps…
Yue Yuen Industrial Holdings shrugged off the effects of higher costs for raw materials, increases in labor costs and the appreciation of the Yuan to post a 2.2% increase in net profit to $310.1 million for its fiscal full year ended September 30. The co
Kangol Partners with Stereo Sound Agency for Headwear
Kangol has joined forces with Stereo Skateboards, a.k.a. The Stereo Sound Agency, to release an exclusive line of headwear for SpringISummer '06.
Stereo Skateboards, founded in 1992, is the brainchild of skateboarder/artist Chris Pastras and
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Gander Expects Big Q4 Sales and Earnings Jumps
Gander Mountain Company expects pretax income for the fiscal fourth quarter to be in the range of $21 million to $22 million, an increase of 20% to 25% over the fiscal fourth quarter of 2004. The company anticipates that sales for the quarter will total $
