SGB Update Outdoor
House Pases Act to Protect Recreational Fishing
The House Resources Committee passed the American Fisheries Management and Marine Life Enhancement Act. This legislation will protect anglers and the jobs that depend on them. The House of Representatives will consider voting on this bill over the summer.
Thule to Acquire Three Brands Worth $240 Million
Thule will acquire Brink International BV, Valley Industries, and SportRack Accessories, all subsidiaries of US based Advanced Accessory Systems (AAS). Brink and Valley are leading European and North American players for towbars while Canadian SportRack
Execute Sports Q1 Loss Widens on Lower Margins
Execute Sports, Inc. net sales for the first quarter ended March 31, 2006 were $595,534 compared to $639,610 last year, representing a $44,076, or 7% decrease. The three month year-over-year decrease is due to the discontinuation of its motocross business
Positive Q1 Comps Boost Shoe Carnival’s Earnings 20%
Shoe Carnival, Inc. net earnings for the first quarter increased 25% to $7.4 million as compared with net earnings of $5.9 million in the first quarter ended April 30, 2005. Diluted earnings per share increased 20% to 54 cents per share compared with 45 c
GBMI Promotes Lemere and Nakamura to New VP Roles
Global Brand Marketing Inc. appointed Todd Lemere to Vice President of International Operations. Lemere has worked in many different divisions at GBMI, including Marketing, Operations, Business Development and International. In addition, GBMI has promoted
Cybex Prices Secondary Offering
Cybex International, Inc. priced a secondary offering of 3.5 million shares of common stock at $5.50 per share. Of the total shares being offered, 1.75 million shares will be issued by CYBEX and 1.75 million shares will be sold by the selling stockholders
Easton-Bell Q1 Sales Jump 27.4%
Easton-Bell Sports posted net sales for the first quarter of $111.2 million, a 27.4% jump from sales of $87.2 million last year. Team Sports first quarter net sales increased 67.3% to $45.7 million from $28.2 million. This increase is primarily attributab
Retailers Help Smith Optics Make the Next Move
Last month, Smith Optics held its annual Dealer Advisory Board Meeting with key retailers from different channels of trade. The Dealer Advisory Board provided strategic input to all aspects of the company then enjoyed a day of snowboarding/skiing in Sun
Zumiez Posts Q1 Profit on 19.7% Comps
Zumiez Inc. total net sales for the first quarter ended April 29, 2006 increased by 43.2% to $47.8 million from $33.4 million reported in the first quarter of the prior fiscal year. The company posted net income for the quarter of $1.1 million or four cen
Foot Locker Sees Weakness in Europe Slows Bottom Line Growth
Foot Locker, Inc. posted net income of $59 million for the first quarter ended April 29, 2006, up 2.1% from net income of $58 million for the year-ago period. Earnings per share reflected the net increase at 38 cents per share, up a penny from 37 cents f
Reebok and adidas Make Global Marketing Appointments
Reebok has named Uli Becker as Head of Global Marketing for the Reebok Brand. In this newly structured role, Becker will oversee Global Product, Sports Marketing, Global Brand Marketing and Global Brand Public Relations for Reebok. With Becker's move
Outdor University Continues Momentum in Northeast
Attendees put trail shoes to the ultimate mud test at the first Northeastern Outdoor University held May 9-11 in Becket, MA. Despite the cold and wet weather, the retail education program secured a foothold in the Northeast/ Mid Atlantic with this success
Panoptx Founder Joins His own Board
Panoptx Eyewear appointed Panoptx founder Dr. Rudy Kopfer to its board of directors. This appointment is effective immediately. A maxillofacial surgeon with 32 years of experience, Dr. Kopfer utilized his expertise to design eyewear that has the performa
Escalade Sports Acquires Carolina Archery Products
Escalade, Incorporated's wholly owned subsidiary, Escalade Sports, acquired substantially all of the assets of Carolina Archery Products. Carolina Archery Products is based in Hillsborough, North Carolina and is best known for its patented Whisker Bi
Golf Manufacturers Continue Fight Against Counterfeits
Following a request by the U.S. Golf Manufacturers Anti-Counterfeiting Working Group, Chinese law enforcement officials have raided four factories and three warehouses involved in the production and distribution of counterfeit golf clubs and equipment in
