SGB Update Outdoor
Puma Board Recommends PPR Offer Acceptance
After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for EUR 330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management a
Under Armour to Open Full-Price Store in Annapolis
Under Armour will open its first full-priced retail store at Westfield Annapolis Mall this fall. The company disclosed this month it would be opening a full-price concept store but didn't disclose the location. The 4,500-square-foot store is slated
OIA Lobbying Effort Helps Secure Recreation Funding
Outdoor Industry Association extended its thanks the U.S. House of Representatives, Interior Appropriations subcommittee, for its funding commitment to close to home recreation infrastructure as well as its support of a substantial funding increase for th
Reebok Launches Human Rights Program
Reebok International Ltd. kicked off a program to help students get more engaged in human rights issues. The Reebok 4 Real Human Rights Student Advocate Program, an evolution of the Reebok Human Rights Award Program, aims to provide opportunities for stud
Controlling the Game (CTG) Acquires Fila’s Verdero Division
Controlling the Game (CTG), a Bronx-based baseball equipment company, last month acquired Verdero, the professional-grade baseball footwear and apparel division of FILA. The company plans to rename its products: Verdero, Controlling the Game. Terms of de
Thule Acquires Norwegian Trailer Distributor
Thule acquired its Norwegian distributor of trailers in Norway, Brenderup Tilhengersenter AS. The company has 10 employees and sales of about 40 million Norwegian krona ($6.6 mm). The unit will be integrated into Thule's business area Trailers, which
NFL, GSIC and QVC Ink Strategic Alliance
QVC, the National Football League and GSI Commerce Inc. have entered into a strategic alliance to create a new, multichannel marketing opportunity for NFL-licensed products. Under terms of the agreement, QVC will become the NFL's “official television
SIMA Announces Award Winners
The Surf Industry Manufacturers Association (SIMA) announced the winners of the fifth annual SIMA Image Awards. Winners included Billabong, Volcom, Vans, Vestal Watch, L*Space and Future Systems.
Dick’s Sporting Goods Hits Top-End of Q1 Guidance with Positive Comps
Dick's Sporting Goods, Inc. first quarter Net income increased 90% to $21.7 million and earnings per diluted share increased 81% to 38 cents, compared to prior year net income of $11.4 million, or 21 cents per share. Net sales for the quarter increas
Perry Ellis Q1 Income Out-Paces Sales
Perry Ellis International, Inc. first quarter total revenues grew to $228.8 million, a 7% increase compared to $214.0 million reported in the first quarter of 2006. Revenue increases were driven by several of the Company's growth platforms – golf lif
Petzl Launches Co-Branded Advocacy Effort with HERA
Petzl America is launching a partnership with the HERA (Health, Empowerment, Research, and Advocacy) Foundation, in which sales proceeds of a co-branded carabiner will raise funds for HERA’s initiatives in treating ovarian cancer. HERA is a non-profit fou
Study Highlights Boating Growth
One-third of U.S. adults went boating in 2006, an increase of 1.3 million Americans to more than 73 million, and spent approximately $16 billion on food, drinks, groceries, restaurants and fuel associated with their boating excursions, according to the an
Kelty and Confluence Ink Marketing Partnership
Kelty and Confluence recently inked a strategic marketing partnership in which the companies will promote each other at events and through marketing initiatives. As part of the relationship, Confluence’s Dagger and Wave Sport whitewater kayak teams will u
Payless to Acquire Stride Rite; Change Name to Collective Brands
Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation for approximately $800 million plus the assumption of Stride Rite debt. The all-cash offer of $20.50 per share represents a 32% premium over Stride Rite'
Everlast Worldwide Creates New Branding Strategy
Everlast Worldwide Inc. will launch a new global brand and product strategy. Everlast Worldwide has developed new brand assets in order to create a clear and consistent brand message that will be established by licensees worldwide in every product categor
