SGB Update Outdoor
adidas Group Closes Billion Dollar Private Placement
The adidas Group yesterday closed a $1 billion US private placement transaction. The new transaction improves the Group’s financial flexibility and further extends its overall maturity profile. The proceeds of the transaction will be used to help finance
New Era Inks Patent Deal for Golf Headwear
New Era Cap Co., Inc. has entered into a relationship with Golf Design Inc. for the exclusive rights of use for the company's Magnahat patent. The deal allows New Era to imbed a magnet into the visor of its caps, to which a ball marker will be attach
adidas Japan Appoints New President
adidas Japan K.K. has appointed Pascal Martin as its President effective March 1, 2006. The 45-year-old Frenchman will report directly to Christophe Bezu, Head of adidas Region Asia/Pacific. Pascal Martin joins adidas from Nissan Motor Co. Ltd where he s
Dale of Norway Looks to CenterStone for Sales Order Management
CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for vendors that sell consumer brands through specialty retail channels, announced that Dale of Norway, headquartered in Bergen, Norway is
G3 Wins ispo Outdoor Award
At the ispo On Snow Preview in Garmisch-Partenkirchen, the G3 TARGA Ascent was awarded the prestigious ‘ispo Outdoor Award’ for best outdoor innovation in the Hardware Category of the Winter 2006-07…
Necky Sponsors Ocean 8 Kayak Expeditions
Necky kayaks is sponsoring the Oceans 8 kayak expedition. A long-term project aimed at examining the state of the world’s oceans and the lives of the people who depend on them, the next leg of the Oceans 8 journey begins in Tasmania, Australia this Febru
Kelty Launches Keltywoman.com
Kelty is launching an integrated outreach and marketing campaign designed to create a community for women and rekindle their sense of outdoor adventure. Known as Kelty Woman, the 2006 campaign includes integrated initiatives ranging from a dedicated websi
CamelBak Gets a New CEO…
CamelBak Products has filled the corner office again, tapping J. Marty O’Donohue as CEO, O’Donohue, who is replacing Glenn Gross, after announced his retirement in 2005, holds both an undergraduate history/economics
degree and MBA from Stanford University
Axis Outdoor Hires CGPR
Axis Outdoor has hired CGPR as its public relations agency of record. CGPR, based in Marblehead, Mass. is a consumer public relations firm with roots in the consumer, outdoor and sporting goods industries…
Mountain Hardwear Restructures Philanthropic Arm
Mountain Hardwear has restructured its philanthropic giving program. The new program, called Mountain Hardwear Gives Back, has five arms designated to reflect the company’s priorities…
The State of the Industry 2006: Innovation Again Rules Supreme…
The Sporting Goods Manufacturers Association released their annual State of the Industry report at this week’s Super Show in Orlando, citing strength in the fashion end of the athletic footwear and apparel business and a stronger economy for the estimated
Russell Corp. Sees Big Savings in Latest Restructuring…
Russell Corporation saw RML shares jump more than 8% on Friday after a late report Thursday that it would cut approximately 2,300 jobs worldwide and shift more production off-shore on the way to saving $35 million to $40 million annually on a pre-tax basi
Crocs Sets IPO Target Price…
Crocs, Inc. filed an amended S-1 last week setting a price range for its IPO that would see its market capitalization soar to nearly $530 million at the mid-point of the $13 to $15 target price range. Crocs, which filed for the Initial Public Offering in
SIA Presents Retailer of the Year Awards
The SIA.06 Show got a jump start on Day 2 with the announcement of the SIA Retailer of the Year awards. Just before the doors opened to Day 2 of SIA.06, Diane Boyer-Irwin, SIA Chairwoman and Dick Leffler, Past Chairman presented the award for “2006 Retail
Sport-Haley Sees Final Settlement in SEC Civil Action…
Sport-Haley, Inc announced that the U.S. District Court in Colorado has entered a Final Judgment, pursuant to a settlement reached with the Securities and Exchange Commission to resolve the pending claims in the civil action brought by the SEC against Spo