SGB Update Outdoor
Axcent to Create European Descente Subsidiary
Axcent Sports, the exclusive licensee of Descente cycle, run and triathlon apparel in North America, Europe and Australia has created a European subsidiary to distribute Descente athletic and cycling apparel directly to retailers throughout Europe. Riis C
Sea Otter Classic Partners with Toyota to go Green
The Sea Otter Classic announced today that the San Francisco Region, Toyota Motor Sales, U.S.A., Inc., has joined the Sea Otter Classic and Clif Bar & Co. on a “Path to Sustainability.” The goal of Sea Otter's “Path to Sustainability” is to reduce th
Spalding Names Director of Branding and Licensing
Spalding has promoted Christy Hedgpeth to Director of Branding and Licensing. Hedgpeth will be responsible for brand consistency across all of the Spalding businesses and will also manage existing licensees, establish new licensing partnerships with strat
American Skiing Co. Sells Off Another Pair of Resorts
American Skiing Company entered into a definitive agreement to sell its Killington and Pico resorts in Vermont to SP Land Company, LLC, a major area landowner, for $83.5 million. The announced sale follows the recent announcement of the sale of Mount Snow
Crocs Q4 and Full Year Revenues Outpace Year-Ago
Crocs, Inc. saw fourth quarter revenues jump 236.9% to $112.9 million from $33.6 million during last year's quarter. Net income for the quarter was $20.8 million, or 51 cents per diluted share, compared to $4.2 million, or 12 cents per diluted share,
Smartwool Shuffles Management Deck
Smartwool made several changes to its management structure with Mark Bryden, who had been SmartWool's acting President and General Manager, named the new president and GM. Christopher Hahn is now SmartWool's official VP of operations and supply
Puma AG Gets Boost from Distributor Integration; U.S. Backlog Declines at Year-End…
Puma AG passed the two billion euro mark for the first time in 2006 and looked to be on track to achieve its Phase IV objectives, but the work toward those goals continued to cause pain in the fourth quarter. Sales in the Americas and Asia Pacific got a
Collegiate Pacific Posts Less Than Stellar Q2…
Collegiate Pacific posted sales increases in the second quarter as well as improved margins and flat expenses, but was forced to lower its annual guidance as the sales gains were not quite up to expectations. According to Adam Blumenfeld, CEO, “top line g
Cybex Q4 Sales Increase 6%, Annual Results Stronger
Cybex International, Inc. posted its eighteenth consecutive quarter of year-over-year sales growth in Q4 with sales reaching $38.2 million, up 6.1% from $36.0 million in the year-ago quarter. For the same period, net income increased 13.8% to $2.8 million
Amer Sports Continues with Salomon Integration…
Amer Sports finished its first year with Salomon under its corporate umbrella with relatively strong sales and earnings results, especially when considering the amount of integration and restructuring the company underwent over the past twelve months. How
Shoe Pavilion Net Income Drops for Q4 and Year…
Shoe Pavilion, Inc. saw fourth quarter net sales increase 38.6% to $40.8 million from $29.5 million last year. Comparable store net sales for the quarter increased 8.6%. Sales from new and relocated stores contributed $10.9 million in the quarter. Gross p
Chelsea FC Shrinks Annual Loss
Chelsea FC plc reduced its fiscal loss 42.9% from £140.4 million ($261.0 mm) last year to £80.2 million ($142.6 mm) this. Turnover increased 2.3% from £146.6m ($272.5 mm) to £150.0m ($266.8 mm). Merchandising increased by 44% from £7.7m ($14.3 mm) to £11.
Coleman Continues Growth Under Jarden…
Coleman’s parent company, Jarden Inc., has been quickly transforming the mass retail outdoor equipment company into a well-funded, higher margin consumer products company that happens to specialize in camping and outdoor gear. Under previous ownership, ma
Callaway Opens Doors to Investors, Clarifies Three-Year Outlook…
Callaway Golf held an investor’s conference last week to update The Street on its progress in the turnaround plan initiated late in 2005. Callaway management delved into fiscal, operational, and international matters, all in an effort to show the investm
Cabela’s Opens First Missouri Store
Cabela's will open its newest destination retail store in Hazelwood, Mo., on Friday, April 13, 2007. The northwest metro St. Louis store is Cabela's first location in Missouri…
