SGB Update Outdoor
Mizuno Opens ‘SOZO’ Design Center
Mizuno Corp. and Mizuno USA announced the opening of a cutting edge Global Design Center for the company’s performance running division. The Mizuno SOZO Design Center is located in Portland, Oregon, and will be utilized by Mizuno USA and the Mizuno Globa
Billabong in Airport Retail JV
Billabong announced it has formed a joint venture
arrangement with airport-based surfwear retailer beachculture. The move will see the beachculture business transferred into a new company, which will be owned by existing beachculture owner John Brooks and
Riddell Bell Sees Acquisition Boost Sales Gains
Riddell Bell Holdings, Inc. reported that net sales for the fiscal quarter ended October 1, 2005 increased $64.4 million or 167.2% from the comparable period of the prior year largely a result of the acquisition of Bell Sports. RBH's operating income
Zumiez Posts 27% Q3 Sales Jump
Zumiez Inc. reported total net sales for the third quarter ended October 29, 2005 increased by 27.2% to $57.4 million from $45.1 million in the year-ago quarter. Net income for the quarter was $5.3 million or 37 cents per diluted share, up from net income
Nike Appoints Kempa President of Exeter Brands Group
NIKE, Inc. has named Lisa Kempa as president of its Exeter Brands Group. Kempa previously was chief financial officer of Converse, also owned by Nike. She will continue reporting to Converse CEO Jack Boys, and will establish a close working relationship w
All Polartec Styles Receive Oeko-Tex Certification
Malden Mills announced that all existing styles of Polartec fabric have received the Oeko-Tex Standard 100 Certification and all new styles will be tested for approval on a rolling basis. Textiles that have been tested to the criteria of the Oeko-Tex Stan
Under Armour Raises IPO Price Range Ahead of Thursday Debut
Under Armour’s road trip has apparently been as positive as most in the industry would have expected, encouraging the company to raise the estimated price range of its IPO to between $10 and $12 per share ahead of its expected debut on Thursday. The new
Sara Lee Completes European Branded Apparel Sale
Sara Lee Corporation announced that it has entered into a definitive agreement for the sale of its branded apparel business in Europe to an affiliate of Sun Capital Partners, Inc. According to the terms of the agreement, the Sun Capital affiliate will pay
Head NV Rides Flexpoint Technology to Solid Q3…
Head N.V. saw less upside in its practice of reporting in U.S. currency in the third quarter, as the strengthening Dollar narrowed the spread against the Euro to just 20 basis points in the period. But the company needed less of a boost in reporting thei
Adams Golf Sees Drivers Gain Offset by Irons and Fairway Woods, Can’t Keep Business on Par…
Adams Golf saw third quarter weakness in two categories lead to an increase in cost of sales and a resulting 440 basis point gross margin decline, forcing net income to dip below the break-even line for the period.
Total net sales declined 7.3% to $10.2
Sport-Haley in JV to Sell Top-Flite to Wal-Mart…
Sport-Haley, Inc. and Explorer Gear USA, Inc., a California corporation have entered into a joint venture in order to manufacture and market Top-Flite branded apparel to Wal-Mart Stores, Inc. in the U.S. The joint venture is to be formed and operated as a
Mossimo Deal Now Off Again…
In a story that’s had more twists and turns than a J.Lo engagement, the third party that had submitted an unsolicited proposal indicating an interest in pursuing a business combination with Mossimo Gianulli in the acquisition of Mossimo Inc. has decided t
Golf Town Looks to New Stores to Offset Lack of New Product…
Canadian golf-specialty retailer, Golf Town followed up a record second quarter with a decent third, but felt that much of the record second quarter was due to sales that would normally have occurred during Q3. Nonetheless, the company still saw its pre-
Profit Growth Outpaces Q3 Sales Gains at The Buckle…
The Buckle saw a large gross margin gain during the third quarter ended October 29 cover ground lost on a slight comparable sales decrease and SG&A expense increase. The margins gain, coupled with a low-singles net sales increase, prompted a low double-d
Timberland Snags SmartWool in $82 Million Deal…
In the second significant outdoor industry acquisition in as many weeks, Timberland inked a definitive agreement to purchase all of SmartWool’s outstanding stock from two private equity investment groups for roughly $82 million in cash. SmartWool’s 2005
