SGB Update Outdoor
Sporting Goods Industry Vendors Still Reaping Top-Line Benefits of Acquisitions…
While the pace of acquisitions and industry consolidation has slowed from its fever pitch of previous years, Sporting Goods industry vendors are still relying on acquisition-aided growth to post double-digit gains on the top-line. But of the mega-deals o
Nautilus Must Pay $350k in ICON Case…
Three and a half years after Icon filed a false-marketing and trademark-infringement lawsuit against Nautilus, a federal judge declared that Nautilus must pay $325,000 in damages after a jury found that Nautilus had infringed on ICON's “Soft Strider”
West Marine Posts Net Loss for 2005…
West Marine, Inc. reported a 1.3% sales increase for the fiscal year to $692.3 million from $683.0 million last year. Comparable store sales decreased 2.2%. For the year, the company posted a net loss of $2.2 million, down from a net income of $25.5 mil
Stride Rite Works Through a Changing Market…
The Stride Rite Corporation posted a solid increase in revenues for the fiscal first quarter ended March 3, but most of the gain came from the acquisition of Saucony Inc. that was completed in September 2005. Aside from that non-organic gain, only Sperry
Golf Galaxy Updates Fiscal 2007 Guidance…
Following its acquisition of The GolfWorks, Golf Galaxy, Inc. reviewed and adjusted its guidance for fiscal year ending March 3, 2007. The company expects net sales to be in the range of $305 million to $315 million with a comparable store sales increase
Columbia Acquires Pacific Trail in Bankruptcy Auction…
Columbia Sportswear Company won out over three other bidders in the London Fog Bankruptcy auction of the Pacific Trail group of brands with a bid of $20.4 million last week. There were only three other bidders involved in the process, Perry Ellis, Studio
Jackson Kayak Joins 1% For the Planet…
Jackson Kayak joined 1% For the Planet earlier this year and has designated American Whitewater as the main beneficiary of proceeds raised from the recent membership. AW is dedicated to the health and protection of the nation’s whitewater rivers. Jackson
B.O.S.S. Goes One-On-One with Casey Sheahan…
This week, The B.O.S.S. report sat down with Casey Sheahan, who was recently named CEO and President of The Lost Arrow Corporation, parent of outdoor apparel company Patagonia, Inc. Sheahan, who had previously served as New Business Director at Patagonia,
Spy Optic Switches Australian Distributors
Spy Optic, Inc. has signed a distribution agreement with the Marmalade Group PTY LTD. Under the terms of the agreement, Marmalade Group becomes the exclusive distributor of all Spy Optic products in Australia. Marmalade Group will replace Monza Imports, S
Thule Continues Acquisition Momentum
Thule acquired Pewag Schneeketten Group, the Austrian based supplier of snow chains. Pewag offers snow chains for passenger cars and for professional use and is part of the family owned Pewag Group that also supplies chains for industrial such as tire pro
Execute Sports Files for Kampus Drain System Patent
Execute Sports, Inc. has filed a broad patent for its Kampus Drain System (KDS) technology, covering design and application for Kampus' footwear products, specifically targeted towards the action water sports market…
Paddlesport 2006 Sees Record Year
The Jersey Paddler, host of Paddlesport 2006, the East Coast’s largest kayak, canoe and outdoor consumer expo held March 24-26, 2006, is proud to announce that this year’s show posted record attendance and sales. Attendance increased by over 9% in compari
Keen Renews Partnership with Conservation Alliance
The Conservation Alliance and Keen Footwear announced the second year of a partnership that will help the Alliance increase outdoor industry support for protecting wildlands and rivers throughout North America. Keen has committed to contribute $200,000 to
Columbia Wins Pacific Trail Auction with $20.4 Million Bid
Columbia Sportswear Company will acquire the Pacific Trail group of brands. The transaction is expected to close on March 30, 2006. The acquisition is the result of the March 29, 2006 auction in bankruptcy court of specified assets of Pacific Trail, Inc.
Stride Rite Q1 Sales Climb 22%; Acquisition Charge Keeps Earning Flat
The Stride Rite Corporation first quarter fiscal 2006 sales were $183.4 million, an increase of 22% compared to the same period in the prior year. Net income for the first quarter totaled $8.3 million or 22 cents per diluted share, compared to the net inc