SGB Update Outdoor
All Regions Down for Globe International in H1…
Globe International reported a 9.5% decrease in sales for the fiscal first half to A$98.3 million ($73.9 mm) from A$108.6 million ($79.7 mm) during last year's first half. The company saw EBITDA for the first half decrease 83.1% to A$1.2 million ($0.
Public Companies Provide Deeper Inside Look at Investor Conferences…
New York City was a flurry of activity last week as the latest rush of investor conferences offered investors a fresh look at some of the sporting goods industry’s public companies and some insight on what the future may hold. Among the presentors were Go
Paddlers Celebrate the First Signs of Spring…
Temperatures reaching the high 30’s, melting snow, and later sunsets are subtle indicators spring is on the way. But for thousands of paddlesports enthusiasts the real sign winter has ended is Rutabaga’s Canoecopia event. Held in March for more than 20 ye
SIA Hires New Marketing Firms…
After more than three years and hundreds of projects executed, Factory Design Labs and SnowSports Industries America have parted ways and SIA has hired Siquis Limited and Big Rig Creative as the association's agencies to help implement new marketing
Deckers Welcomes Worley as New Teva President…
Deckers Outdoor Corporation hired Peter Worley as Teva brand president, responsible for all aspects of the Teva brand, reporting directly to President and CEO Angel Martinez. Mr. Worley will replace Carlo Lingiardi, who was injured in a cycling accident i
The Updated Look from Investor Conferences…
Following the flurry of year-end financial reports in the public sector of the Bicycle, Outdoor, and SnowSports industries, many companies headed for New York to attend several different investor conferences. These events give analysts, individual investo
Keen Helps Conservation Alliance Recruit 24 New Members
The Conservation Alliance has recruited 24 new member companies in the last 12 months, meeting a challenge from Keen Footwear to raise $120,000 in new member dues in one year. Keen offered to match the first year's dues of any company that joined the
Great Colorado Snow Boosts Vail’s Second Quarter…
Vail Resorts reported a record breaking fiscal second quarter for both top and bottom line performance. Skier visits were up at all four of Vail’s Colorado resorts, more than offsetting a decline at Heavenly due to some challenging weather over the Christ
NAU is Ready to Make Waves in the Outdoor Industry…
Last year several senior Nike and Patagonia employees resigned their positions and decided to join an unknown start-up company, which was incorporated as “Under The Wire.” Since that time, rumors have been floating around, primarily based on speculation.
Eastern Rain Brings American Skiing Co. Into the Red…
American Skiing Company reported strong results in its Christmas/New Years and Presidents' Day holiday periods, and slightly lower skier visits than in the prior fiscal year in the East in January. However, at Steamboat and The Canyons in the West, t
SGMA Celebrates Centennial
One hundred years ago today, six sporting goods manufacturers came together to form what is now the Sporting Goods Manufacturers Association. Their mission: enhance the performance, safety, and impact of sporting goods products for all athletes. A centur
Asics Takes on Madden and Danskin in Trademark Suit
ASICS America Corporation and ASICS Corporation Japan have filed separate lawsuits in Federal District Court in California against Steve Madden, Ltd. and Danskin, Inc. for trademark infringement, unfair competition, trademark dilution and false advertisin
Ralph Lauren Appoints President of Footwear Division
Polo Ralph Lauren Corporation has announced that Aaron Schwartz will join the Company on April 3 as President of Polo Ralph Lauren Footwear, reporting to Jacki Nemerov, Executive Vice President. Schwartz was most recently Global President and Chief Creati
Golf Galaxy Completes GolfWorks Acquisition
Golf Galaxy, Inc. has completed its acquisition of The GolfWorks, one of the golf industry's most complete sources for golf club components, clubmaking tools and supplies, and technical information. The purchase price, excluding direct costs of the a
Break the Cycle’ Sues adidas for $10 million
According to news reports, Break The Cycle, a charity dedicated to stopping domestic violence through youth activism, filed a $10 million lawsuit accusing adidas of using its name and logo on a line of apparel, without permission…
