SGB Update Outdoor
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
Cabela’s Looks to Montreal for First Non-US Store…
Cabela's Inc. is working to bring a retail store to Montreal, Quebec, and the surrounding region. Although planning and discussions are in early stages, Cabela's expects to open the Montreal retail showroom as early as late fall 2007 or spring
LaCrosse Steps Up China Presence with Sourcing Office…
LaCrosse Footwear opened its first sourcing office in Zhong Shan, China, in the heart of the Pearl River Delta manufacturing district. The new China location offers a number of key benefits including: reducing LaCrosse's product development timelines
Sportsman’s Guide Continues to Exceed Estimates…
The Sportsman's Guide, Inc. expects to report consolidated net sales of approximately $285 million and diluted earnings per share in the range of $1.37 to $1.38 for the year ended December 31, 2005, compared with total year 2004 results of $232.5 mil
Lafuma Continues N.A. Growth; Builds War Chest…
The Lafuma Group reported a considerable increase in sales during the company’s fiscal first quarter, mainly due to the recent acquisition of OxBow. Including OxBow, total group sales increased 27.0% to €46.6 million ($55.9 mm) compared to €36.7 million (
