SGB Update Outdoor
Foot Locker Abandons Pursuit of Genesco
Foot Locker, Inc. confirmed that it had made a proposal to Genesco Inc. to acquire all of the outstanding common stock of Genesco for $51 per share. In light of Genesco's public release on Thursday, Foot Locker announced that it was no longer pursuin
Freestyle Brings Marketing Team In-House
Freestyle has launched a broad initiative to restructure its business bringing all sales, sales support, marketing and graphic design in-house to its Newport Beach headquarters. The company also expands its print and online advertising efforts, and secure
Vaude to Launch New Footwear Line
Vaude will be launching a new footwear line that will be backed by a specially devised custom-fitting shoe design. The company has brought together a new team that been working on the line for two years. VAUDE product manager Marco Lachner and his orthopa
Hibbet Sports President Priddy Resigns
Hibbett Sports, Inc. President Brian N. Priddy has resigned to pursue other interests. Priddy's duties will be distributed among the company's senior management…
Old Spice to Sponsor AND 1 Mix Tape Tour
Old Spice has signed on as the presenting sponsor of this year's AND 1 Mix Tape Tour, the street basketball entertainment tour featuring the world's best playground players. Old Spice will have a prominent presence in the AND 1 Mix Tape Tour�
EMS Inks Sponsorship Deal with Scout Show
Eastern Mountain Sports will serve as title sponsor for this week’s Connecticut Rivers Council Scout Show Boy Scouts of America 2007 in Hebron, Conn. This “jamboree,” expected to draw over 7,000 boy scouts, is a 3-day festival featuring outdoor activities
Arc’teryx Appoints New VP of Sales
Gary Bryant, European Brand Manager for Arc’teryx, will be taking the newly created position of Vice President of Sales. Bryant will be responsible for worldwide sales for the brand. Bryant is taking over the Sales responsibilities of current Senior VP o
Gildan to Close Two Mt. Airy Factories
Gildan Activewear Inc. has closed two sock facilities located in Mount Airy, N.C. Approximately 520 employees will be affected by the closures, which will be completed by the end of August 2007. The company anticipate a 10 cents per share accretion impact
Boccieri Golf Names Czech/Slovakia Rep
Boccieri Golf, manufacturers of the Heavy Putter, has named Golf Brothers, an affiliate of German golf-products distributor McEvans Sports, as its agent in the Czech Republic and Slovakia…
Edwin Watts Acquired by Sun Capital Affiliate
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, Florida, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten sou
Payless Q1 Net Income Rises 8.1% on 5% Comps Gain
Payless ShoeSource, Inc. saw first quarter net earnings increase 8.1% to $38.9 million, or 59 cents per diluted share, from $36.0 million, or 53 cents per diluted share in the same quarter last year. First quarter 2007 comparable store sales were up 5.0%,
Former Cloudveil Owners Acquire Ouray Sportswear
O Holdings, LLC has completed the acquisition of the assets of Ski Country Imports, Inc. and Ouray Sportswear Wyoming, Inc. O Holdings has capitalized a new company, Ouray Sportswear, LLC which will continue the operations of Ski Country Imports, formerly
Pacific Cycle Hires IBD Marketing Guru
Pacific Cycle hired Jennifer Schwai to serve as Pacific’s Director of IBD Marketing as she returns to the bike industry. In this new role, Schwai will lead strategic marketing initiatives for the GT Bicycles brand and oversee the Schwinn and Mongoose bran
Foot Locker Takes Q1 Hit from Weaker U.S. Stores; Sees Fall Rebound…
Foot Locker, Inc. took a hit to the bottom line in the first quarter, but the world’s-largest-athletic-footwear-retailer is moving quickly to make the adjustments in the business that will help it right-size inventories and increase earnings in the second
Gander Sees Improvements to Q1 Bottom Line…
While Gander Mountain was still unable to post a profit in the first quarter of 2007, the rapidly expanding outdoor retail chain was able to improve its bottom line results for the first time since becoming a public company. This quarter is the first time
