SGB Update Outdoor

Ryka Founder Named CEO OF Swiss Masai US

Ryka founder Sheri Poe has been named chief executive officer of Swiss Masai US, LLC, a wholly owned subsidiary of Switzerland’s Masai Group International, Ltd. In this role, Poe, who founded the Ryka brand in 1987, will oversee all U.S. operations, dist

Census Bureau Confirms Strong May Retail Estimates

The U.S. Census Bureau reported that advance estimates of U.S. Retail industry sales for May (which exclude automobiles, gas stations, and restaurants) rose 4.9% unadjusted over last year and 1.5% seasonally adjusted from April. The report estimates that

American Skiing Company Sells Sunday River and Sugarloaf…

American Skiing Co. entered into a definitive agreement to sell its Sunday River and Sugarloaf/USA resorts in Maine to Boyne USA, Inc. for $77 million in cash. Boyne will also assume $2 million in debt and other liabilities. The announced sale follows the

Sports Direct Takes 4.9% Stake in Amer Sports…

Britain's biggest sports retailer, Sports Direct Plc, paid €58.4 million ($78.8 million) to take a strategic 4.9% stake in Amer Sports. Sports Direct described the purchase as a “strategic investment” consistent with its objectives stated at the time

Golf Apparel Brands Acquires Sahara Sportswear…

Golf Apparel Brands Inc. has acquired Sahara Sportswear. The company's roster of golf brands already includes La Mode, Clark & Gregory, Fairway Blues, and The Golfer. GABI also supplies private label to better clubs and resorts…

Everlast Faces Termination Fees if Hidary Deal Falls Through…

Everlast Worldwide Inc. said that it will be required to pay Hidary Group a $3 million termination fee under certain circumstances if it ends a merger agreement between the companies during the current “go shop” period, according to a filing with the Secu

Kellwood First Quarter Gets American Recreation Boost…

Kellwood reported that net sales for the first quarter were $484.4 million, a 2% decline from the $493.8 million last year. The majority of the decrease was planned within the company’s women's sportswear segment and to a lesser extent within men&#03

NSGA Sees 3% Growth in Sporting Goods in ’07

The NSGA said retail sales of sporting goods (footwear, clothing and equipment), which reached a record $52.1 billion in 2006, are expected to grow 3% in 2007. For 2007, sporting goods sales are forecast to increase to $53.7 billion…

Quiksilver Swings to Fiscal Q2 Loss

Quiksilver, Inc. consolidated net revenues for the second quarter of fiscal 2007 increased 17% to $603.8 million from $516.9 million in the second quarter of fiscal 2006. Consolidated net loss for the second quarter of fiscal 2007 was $4.8 million compare

Chaco to Offset Travel to Grassroots Early Show

The Grassroots Outdoor Alliance, Chaco Footwear, and Native Energy are proud to announce that travel for Grassroots
retail members, totaling 92 buyers, will be offset by Native Energy for this year's Early Show, slated for June 11th-14th at Snowbird

OR Hires New Digital Media Director

Nielsen Sports Group hired Matt Ramirez as the director of digital media for the biannual Outdoor Retailer (OR) trade shows. In this new position, Ramirez will develop and drive strategic marketing initiatives aimed at improving the overall digital exper