SGB Update Outdoor
Nautilus Restates 2005 Q4 and Year
Nautilus, Inc. filed a report with the SEC stating that the company will report adjustments to the preliminary Q4 and full year 2005 results, previously reported on February 2, 2006. In addition, the Company will report two material weaknesses in its inte
UVEX Sports Appoints New Winter Division Reps
UVEX Sports, Inc. is expanding the sales team for its winter sports division and has hired Sport One Sales and Ray Dargie to handle increased demand for its innovative goggles, helmets and eyewear and OnGuard Locks. Sport One Sales is a multi-million dol
L.L. Bean Sales Increase 4% in 2005
L.L.Bean announced its fiscal 2005 sales results as well as its intention to pay performance bonuses to employees. For the 2005 fiscal year ending February 26, 2006, L.L.Bean reported record annual net sales of $1.47 billion, a 4% increase over 2004. The
TNF Opens Urban Flagship Store in Rome
The North Face opened its first Italian urban flagship retail store at Via Delle Convertite 22/23 in the heart of historic Rome. The opening marks the Company’s twelfth retail store in Europe and its first urban location in Italy. The North Face also has
Marmot Tent Wins Backpacker Editor’s Choice
Backpacker Magazine announced that the Marmot Aeolos 2
person tent received its 2006 Editors Choice Award for the tent category for “outstanding innovation in design, materials and performance.” Recognized as one of the most prestigious awards in the outd
West North Central States Sees Sales Growth Outpace U.S. as a Whole
In the West North Central states (MN, IA, MO, ND, SD, NE, KS), sales at sporting goods sales outgrew the total for the U.S. as a whole by 10.9 percentage points for the period stretching from the 1997 Census to 2002. For the region, sales grew 34.4% from
Golfsmith Hopes to Raise $115 Million in IPO
Golfsmith International Holdings, Inc., has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock through which the company estimates raising $115 million. The co
Sears Holdings Makes Progress in Sears Canada Offer
Sears Holdings Corporation has received notice that five of the eight senior officers of Sears Canada Inc. intend to either accept the Sears Holdings' offer and tender all of the common shares held by them to the offer or sell the shares into the mar
Ashworth Extends Deal with Ryder Cup
Ashworth, Inc. has signed an agreement with Ryder Cup Ltd. to become the Lead Vendor, as well as Official Licensee, at the September 2006 Ryder Cup to be held at the K Club in Ireland. This agreement extends the 14-year relationship between Ashworth, the
SIA: Chain SnowSports Sales Climb 10% Season-to-Date
Overall sales for the entire winter sport market, including specialty and chain stores, were up 9% in dollars to $1.8 billion for the August 2005 through January 2006 period, compared to $1.7 billion reported last year, according to the SnowSports Industr
SIA: Specialty SnowSports Retail Sales Climb 8% for Season
High sell-throughs are pointing to strong season-to-date sales and prudent buying by specialty retailers. According to the SIA Retail Audit, alpine skis, integrated systems, snowboards and vests, specifically, are looking at tight inventories through th
Eastern Skateboard Supply to Distribute Dekline
Dekline footwear has entered into an exclusive distribution deal with Eastern Skateboard Supply. ESS will distribute Dekline footwear for the Eastern region of the United States. Tum Yeto Inc., a 15 year-old vertically-integrated supplier of skateboard pr
Laderman Honored by USFWS for Conservation Efforts
On March 9, Johanna Laderman, director, FishAmerica Foundation, the conservation and research arm of the American Sportfishing Association, was honored by the U.S. Fish and Wildlife Service for her commitment to conserving and protecting America’s valuabl
Oakley Re-States Four Years of Financials Due to Hedging Documentation
Oakley, Inc. will file an amendment to its 2004 Annual Report, restating certain financial information for the 2000-2004 fiscal years to correct its application of certain Financial Accounting Standards, due to insufficient documentation of certain foreig
GBMI Hires McDermut as CFO
Global Brand Marketing, Inc. appointed Martin McDermut to Senior Vice President and Chief Financial Officer. In this position, Mr. McDermut will be responsible for all aspects of corporate accounting and financial management, budgeting and forecasting…
