SGB Update Outdoor
Head N.V. Expands Partnership with ATP Masters Series
On the heels of plans to expand the company’s tennis business in Asia and particularly in China, HEAD NV recently committed additional funding to various worldwide sponsorships, including the ATP Masters Series…
NGF: November Rounds Played Increase 1.1%
According to the National Golf Foundation, rounds played in the month of November increased 1.1% on a same-store basis over the same month one year ago. The increase did not materially affect the year-to-date figure which remained at +0.3%. In the Central
Transition the Key to the Year that Was in 2006…
Transition and opportunity may be the key words that best describe 2006 in the sporting goods industry as the momentum of mega deals slowed and companies looked for more nuanced deals to fine tune portfolios and add a final piece to the consolidation puzz
And the Industry Gains Ground on Capitol Hill…
2006 can also be looked at as a turning point for government relations at OIA and SIA. All three were able to effectively lobby and push bills through the House and Senate that will have a tangible impact in years to come. Much of the progress was made d
Execute Sports to Sell Academy Brand and Pursue Strategic Options…
Execute Sports, Inc. plans to reorganize its business and to divest portions of its Snow Sports operations including the Academy brand. The goal is to reduce the company's operational cash flow requirements and create a “more efficient path to profit
Nautilus Shuffles Product Development Teams…
Nautilus plans to relocate its Louisville, Colo.-based fitness product development facility to the company’s headquarters in Vancouver, Wa. and then move its Apparel Division, including Pearl iZUMi from leased facilities in Broomfield, Colo., into the now
American Skiing Company to Sell Steamboat to Intrawest…
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation to an affiliate of Intrawest for $265 million. American Skiing Company initiated a review of strategic options for the resort in July. Included in t
Execute Sports to Sell Academy Brand
Execute Sports, Inc. plans to reorganize its business and to divest from its snow sports operations including the Academy Snowsports brand with the goal reducing the company's operational cash flow requirements and creating a more efficient path to p
Nautilus Inc. Shuffles Product Development Teams…
Nautilus plans to relocate its Louisville, Colo.-based fitness product development facility to the company’s headquarters in Vancouver, Wash. and then move its Apparel Division, including Pearl Izumi from leased facilities in Broomfield, Colo., into the n
NexCen to Acquire Bill Blass for Up to $70.8 Million…
The Athlete’s Foot parent company, NexCen Brands, Inc., has entered into a definitive agreement to acquire the Bill Blass Holding Co., Inc. This acquisition will also include two subsidiaries owned by Blass, Bill Blass Licensing Co., Inc. and Bill Blass I
Sporting Goods Pick Up Mall-Based Slack in Q3…
The 2006 third quarter at retail, like the second quarter before it, was fairly stable in terms of acquisitions, consolidations, or other major shifts that would have caused a sever shift to the landscape. Big Dog Holdings’ additions of Steve’s Shoes and
VF Outdoor Coalition to Acquire Eagle Creek…
VF Outdoor, Inc. is in negotiation to acquire Eagle Creek, Inc. Eagle Creek currently has annual sales of approximately $30 million. Terms were not disclosed, but SportsOneSource suspects that Eagle creek sold for a premium, given the brand equity company
Garmin, TomTom Both Claim Victory in Patent Dispute…
Garmin Ltd. and Amsterdam-based TomTom both claimed victory of sorts over the weekend after a U.S. District Court in Wisconsin issued its decision on pending cross motions for summary judgment filed by Garmin and TomTom in their pending patent litigation.
Innovative Invests in VO…
VO Gloves, makers of CZiP gloves, has received $2.5 million in new funding from Innovative Distribution. The funding will support VO’s new product line and increase the company’s manufacturing and design capabilities. VO Gloves has plans to develop produc
Golf Galaxy Q3 Net Loss Widened by Acquisition…
In the third quarter, the soon-to-be acquired retailer Golf Galaxy, Inc. reported its fifteenth consecutive quarter of comparable store sales growth. Unfortunately, costs related with that pending acquisition by Dick’s Sporting Goods caused the company t
