SGB Update Outdoor
Zumiez Completes Fast Forward Acquisition
Zumiez Inc. has completed its previously announced acquisition of Fast Forward, an action sports retailer with 19 stores, mostly in Texas and a web store. The acquisition was funded from cash on hand. The company expects the acquisition to add a penny to
Yue Yuen Gets Increased Help from Retail on Top and Bottom Line in First Half…
Yue Yuen Industrial Limited, the Chinese footwear manufacturer for brands like adidas, Nike, Timberland and Puma, reported first half sales increased by 16.5% to $1.72 billion compared to $1.48 billion last year. The driver behind the revenue growth was
RECALL: Reebok Children’s Windsuits
The U.S. Consumer Product Safety Commission and Reebok International are recalling about 55,000 Children’s Windsuits manufactured by Adjmi Apparel Group, of New York, N.Y. (Adjmi is an authorized licensee of children’s apparel products of Reebok Internati
Reef Selling Blanks at Pre-‘Black Monday’ Prices…
When Clark Foam closed its doors on Monday, December 5, 2005, shockwaves were sent through the surf industry as the main supplier of foam blanks (the template on which the vast majority of surfboards are hand shaped) suddenly stopped its production. The
Now Fans Can Literally Live and Die with Their Favorite MLB Team
While the marriage lasts only 'til death do us part,' a fan's loyalty need no longer be hindered by such mundane constraints as this mortal coil. Major League Baseball has signed a licensing agreement with Eternal Image, Inc. authorizing th
Timbuk2 Raises Funds for Homeless Kids Thru Auction
Timbuk2 held a special auction of Artist Original one-of-a-kind messenger bags at their new Timbuk2 store–located in San Francisco’s Hayes Valley shopping district. They successfully raised over $6000 at the event with all auction proceeds going to At Th
Crocs Settles Another Patent Infringement Suit
Crocs, Inc. has settled another trade dress and patent infringement lawsuit outside of court, this time with Inter-Pacific Trading Corporation, Inc. The two companies have agreed to settle the lawsuit concerning Crocs' proprietary footwear, pending i
Vail Resorts Makes Board Appointments
Vail Resorts appointed Thomas D. Hyde and Richard D. Kincaid to the company's Board of Directors. Mr. Hyde will serve on the audit committee and Mr. Kincaid will serve on the compensation committee with both appointments are effective immediately…
USSA Marketing VP to Handle PR for FIS
U.S. Ski and Snowboard Association Vice President, Marketing Communications, Tom Kelly, was named chairman of the International Ski Federation's (FIS) Committee for Public Relations and Mass Media. Kelly will serve along with vice-chairman Ignacio Va
Centerstone Tech Adds O’Neill Clothing to Client List
CenterStone Technologies, Inc. announced that O’Neill Clothing has selected the company’s iVendix software application for business-to-business (B-2-B) on-line ordering for their retail dealers. O’Neill Clothing dealers will be able to place their pre-se
Yakima Promotes Steck to Sr. Director of Marketing
Broadening his responsibilities in steering the overall marketing direction of the brand, Yakima promoted Mike Steck, ten year industry veteran, to senior director of marketing. In this new role, Steck will continue to grow his responsibility for stewards
Reef Sells Blanks at Pre-‘Black Monday’ Prices
Reef is opening its warehouse doors on June 28th to select San Diego shapers who will have access to 700 foam blanks at Pre- “Black Monday” prices. Reef arranged and subsidized the grass roots pricing initiative to give back to the local board building co
Waveyard Super Park Planned for Phoenix
Capitalizing on the increasing numbers of adventure sports enthusiasts, Waveyard Development, LLC plans to develop the first outdoor super park adventure and resort destination. Waveyard Development is currently in negotiations for a 200 plus acre site lo
SIA: Freestyle Category Strong in 05/06 Season
As reported in May, overall sales for the entire winter sport market (including specialty and chain stores) were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period, according to the SIA Retail Audit, conducted by Leisure Trends
Finish Line Q1 Net Falls 65%
The Finish Line, Inc. reported net income for the first quarter of $4.4 million or 9 cents per diluted share, down 65.4% from $12.7 million or 26 cents per diluted share reported for the same period last year. Consolidated net sales decreased 1% to $289.0