SGB Update Outdoor
Timberland Acquires GoLite Trademarks; Launches GoLite Footwear
Timberland will introduce a new line of footwear for trail running under the GoLite brand. In connection with this, Timberland has acquired certain assets of GoLite LLC, including trademarks, for an undisclosed amount. GoLite footwear will be managed out
Rossignol Re-Structures After Move to Park City
Following the recent opening of the Mountain Center in Park City, Utah, the Rossignol Group announced today the restructuring of its U.S. organization. This restructuring will focus on the development of the organization’s business units and will capital
Boeri USA Re-Structures
Claudia Boeri will assume executive responsibilities for Boeri USA as President. According to the company, the change is being made to better accommodate Boeri’s business strategy in the U.S. market moving forward. In addition, the company is expected to
American Skiing Co. Sees Strong Third Quarter
American Skiing Company reported particularly strong visitation levels for its western resorts in the winter operating season, bolstered by skiing and riding conditions. These strong results coupled with the successful sale of nearly all remaining fractio
OIA Launches New Retailer Survey
Outdoor Industry Association, in conjunction with Sports Marketing Surveys, is conducting a survey of retailers to help provide valuable information for the industry. This is a three-part survey on general information, outdoor retailing and operational co
Lee Joins Hot Chillys as VP of Sales
Hot Chillys hired Steve Lee as the company’s new Vice President of Sales. Drawing upon his 15-year tenure in the outdoor and snowsports industries, Steve will provide leadership and guidance in making the company’s sales operations more efficient. Steve w
True Temper Picks Up Royal Precision Assets
True Temper Sports, Inc. has purchased certain assets from the former golf shaft manufacturer Royal Precision, Inc. True Temper acquired intellectual property including patents, trademarks, brand names, and design technologies, along with some related gol
Everlast Worldwide Hires ICR
Everlast Worldwide Inc. has engaged Integrated Corporate Relations (“ICR”), a proactive financial communications and investor relations firm, as their investor relations counsel to manage all aspects of its investor relations program, including communicat
Easton-Bell Shuffles Management Deck
Easton-Bell Sports Inc. named Dan Jelinek as president of the Team Sports Division including Easton Sports and Riddell Sports. Jelinek has served as Vice President of Sales at Easton Sports for the past eight years and will report to Tony Palma, chief ex
Element 21 Golf Adds Myrhum for Design and Sourcing
Mark Myrhum, President of MCM Golf Inc., has joined forces with Element 21 Golf Company to assist in club design and product sourcing activities. Mark Myrhum has been providing club design solutions to the golf industry for close to 20 years. After an 8-y
Russell Corp. Chairman Opposed Berkshire Deal; Cited Company Progress Against Plans…
Russell Corporation last week filed a proxy statement with the SEC related to its merger into a subsidiary of Berkshire Hathaway, revealing that Jack Ward, chairman and CEO of the company, was the sole dissenting vote on the Board of Directors that approv
Quiksilver Hits Second Quarter Targets. but Q2 Hurt by Rossignol Effect…
While Quiksilver took a big hit to its bottom line due to the seasonality of the Rossignol business, the company managed to impress analysts by achieving results in-line with its guidance for the quarter for both revenues and earnings. Sales results were
Forzani Group Sees Continued Momentum in Q1…
The Forzani Group is still riding the momentum it built in the back half of last year with an extensive renovation initiative and heavy advertising spend to support the new look of its Sport Chek stores. The company has not only boosted its top-line with
NSGA: Sporting Goods Sales to Climb 3% in 2006…
According to the NSGA, retail sales of sporting goods, which reached $51.3 billion in 2005, are expected to grow 3% in 2006, to roughly $53.0 billion. Last year, in 2005, athletic and sport footwear grew 7%, reaching $15.7 billion. Clothing showed a 4% ga
Acquisitions Put Hurt on G-III Q1 Bottom Line…
G-III Apparel Group, Ltd. reported net sales for the first quarter of $14.4 million, an increase of 4.3% from $13.8 million for the same period last year. Gross margins decreased 180 basis points to 4.8% of net sales form 6.6% during the year-ago quarter
