SGB Update Outdoor
adidas Group Posts Strong Q1 Results on Double-Digit Organic Growth
adidas Group reported that currency-neutral sales grew 40% in the 2006 first quarter, primarily due to the first-time consolidation of Reebok. Excluding Reebok, sales increased 13% on a currency-neutral basis, with higher sales in all regions. In euro ter
CITA Expands Ski and Snowboard Pant Quota Exemption
The Committee for the Implementation of Textile Agreements, an interagency committee chaired by the US Department of Commerce, sent a letter to Outdoor Industry Association (OIA) and SnowSports Industries America (SIA) recently informing the industry that
Thule Acquires German Trailer Rental Company
Thule has acquired anhaenger-center.com, a leading German rental trailer company. Anhaenger-center.com is family owned. The company is based in Neu Ulm showing annual sales of € 2.5 million ($3.1 mm) with good profitability.
Van Dine Forms Consulting Firm
Van Dine & Partners is a newly launched consulting
company with a focus on strategic business development for footwear, apparel and active lifestyle consumer product brands. The partners include Scott McGuire, Jacqueline Lenox, Jenny Fredericks and Mario
Speedo Parent Q1 Sales Up; Swimwear Group Income Declines
The Warnaco Group, Inc. posted net revenues of $466.3 million, up from $439.5 million in the first quarter of fiscal 2005, which includes a $60.4 million gain from the acquired Calvin Klein Jeans business. Net income totaled $16.1 million, or 34 cents per
K2 Technical Apparel Appoints Management Team
Mark Martin, President of both Marmot Mountain LLC, and the Technical Apparel Platform of K2 Inc., made several personnel appointments for the platform. The Technical Apparel Platform is the operating unit in the Apparel and Footwear Division of K2, Inc.
SportsOneSource Sees Weaker Comps in Athletic Footwear Sales in April…
While comp store data is not tracked on a monthly basis in the sporting goods, athletic footwear, and athletic apparel business, SportsOneSource analyzes POS data compiled by SportScanINFO to develop a market view of the overall sporting goods busi
Camelbak Inks Sponsorship Deals with Two Freeriders
CamelBak Products, LLC has signed two sponsorship agreements with big mountain snowboarder, Jeremy Jones and freeride mountain bike athlete, Kirt Voreis. CamelBak will integrate Jones and Voreis into its 2006-2007 marketing programs in addition to leverag
Amer Sports Sees Early Upside in Salomon Business…
Amer Sports dispelled any concerns regarding transparency last week when management decided to include pro-forma Salomon results in last year’s numbers to provide a better apples-to-apples comparison for the total business performance. No doubt, comparis
MEC Opens New Victoria Location
Mountain Equipment Co-op opened its eleventh
store, in Victoria. The store will serve 30,000 MEC members who reside in the provincial capital as well as 44,000 others who live elsewhere on Vancouver Island…
Sports Authority Shareholders Approve Going-Private…
Leonard Green & Partners, L.P. completed its acquisition of The Sports Authority, Inc. one day after the company announced that a special meeting of its stockholders had approved the deal. As a result, Leonard Green & Partners will take The Sports Authoi
CenterStone Releases Dealer Survey Results
CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for manufacturers (vendors) of apparel, footwear, equipment and accessories, serving the outdoor recreation, snow sports, sporting goods,
Vital Apparel to License Soffe Names for Accessories…
M.J. Soffe Co. has signed a licensing agreement with Vital Apparel, under which Vital will produce a line of sports-themed and fashion coordinated accessories for young junior girls under the Soffe brand. Vital will product the goods under the ProMarx di
G-III to Float Secondary Offering
G-III Apparel Group, Ltd. has filed paperss with the SEC for a proposed offering of 4,000,000 shares of its common stock. G-III will offer 3,000,000 shares and selling stockholders will offer 1,000,000 shares and will also grant the underwriters a 30-day
Crocs Expands Dealers to Triple Sales and Profits…
Crocs Inc. hosted its first official conference call as a public company with triple-digit growth in sales and earnings. During a conference call with analysts and the media, some analysts were cheering as they congratulated the management team. The compa
