SGB Update Outdoor
Garmin Denies Lawrance Take-Over Bid
Garmin Ltd. denied reports that it has made a counter bid to acquire Lowrance Electronics after Simrad Yachting's announced tender offer last month…
Puma NA Extends Damon Deal; Player Gets Ferrari
PUMA North America has signed Johnny Damon to a four year extension to their relationship. Damon, the former Red Sox centerfielder that recently signed on with the New York Yankees, will continue to represent the brand on the field wearing PUMA DFR cleat
Powell Brothers Launch Lacrosse Training Company
The infamous Powell Brothers, three of the world’s top professional lacrosse players and members of Brine’s R&D Team, have launched a family-owned and operated lacrosse training company. The brothers have taught and demonstrated lacrosse tips and training
Billabong Completes Nixon Acquisition
Billabong International Ltd has completed the purchase of California-based Nixon Inc., a leader in the premium watch and accessories boardsports market. The purchase was announced on December 22, 2005 and was conditional on approval by Nixon’s shareholder
Warnaco Completes CK Europe Acquisition
The Warnaco Group, Inc. has completed its acquisition of 100% of the shares of the companies that operate the licenses and related wholesale and retail businesses of Calvin Klein jeans and accessories in Europe and Asia and the CK Calvin Klein “bridge” li
Golf Galaxy Opens Newest Store in Newport News
Golf Galaxy, Inc. will open the 16th new store of its 2006 fiscal year, which ends February 25. The new store, located in Newport News, Va., marks the retailer's 50th specialty golf store in the U.S…
Mountain Hardwear Names New Director of Operations
B. James Bottoms has been named to the new position of Director of Operations at Mountain Hardwear Inc. Bottoms will execute the strategic and tactical operational plans for Mountain Hardwear. He will oversee the functional areas of customer service, fore
adidas Closes Reebok Deal; Fireman Officially Steps Down
adidas-Salomon AG has closed its acquisition of Reebok International Ltd. providing the new adidas Group with a footprint of around €9.5 billion ($11.8 billion) in the global athletic footwear, apparel and hardware markets. Herbert Hainer is Chairman and
Luxottica Improves Fourth Quarter Top and Bottom Line
Luxottica Group S.p.A. consolidated U.S. GAAP results for the fourth quarter and fiscal year ended December 31, 2005 included consolidated sales of €1,118.8 million (+18.0%). Retail sales were €849.6 million (+15.3%); Retail comparable store sales increas
Kellwood Sells Off Intimates Group
Kellwood completed the sale of its Biflex Intimates Group to Industrial Renaissance. Industrial Renaissance, a private equity firm, based in Fairfield, CT, specializes in buying companies and positioning them for future growth. The existing Biflex managem
Sporting Goods Industry Continues to Evolve…
Last week marked the end of the Super Show, but the biggest news of the week happened outside the confines of Orlando’s Orange County Convention Center South Hall. While the show acted as the backdrop three years ago for the coming Gart/TSA deal that for
Callaway Golf Swings to Profit in 2005 on Stronger Woods and Irons Businesses…
Callaway Golf Company was able to narrow its loss for the fourth quarter and swing to a profit for the year as higher gross margins, lower SG&A costs, and sharply higher sales in Asia combined to soften the impact of weaker golf ball sales and lower sales
Columbia Sportswear Beats Q4 Estimates…
Columbia reported record full year sales and slightly lower earnings than last year, but was able to beat previously issued guidance and analysts’ expectations. Net sales for the fourth quarter were $314.1 million, an increase of 4.1% over the $301.8 mill
Columbia Acquires Montrail…
Columbia management sees opportunities in leveraging sourcing, logistics, and capital strength to develop Montrail in the specialty footwear channel and to expand the brand globally. Columbia will also leverage the performance and fit characteristics that
Johnson Outdoors Sees Military Sales Decline Drag Down Fiscal Q1 Results…
Johnson Outdoors Inc. saw first quarter sales decline primarily due to a considerable decline in military sales in the outdoor equipment division. Excluding the $4.6 million decline in military tent revenues, total company sales would have been up $2.2 mi
