SGB Update Outdoor
Cabela’s Anticipates Flat Q3 Income on Negative Comps
For the third quarter of fiscal 2005, Cabela's expects to report a 12% increase in consolidated revenues with diluted earnings per share at or slightly below the same period last year, which was an exceptionally strong quarter. The Company anticipate
Kappa Parent Reports H1 Sales Up Slightly, EBITDA Down
Kappa parent, BasicNet, reported that combined sales of all brands increased 1.2% to €106 million ($136.4 mm) and direct revenues rose 5.5% to €41.7 million ($53.6 mm) for the first half ended June 30, 2005. Sizeable investments have been made in communic
Louis-Dreyfus and Marchand’s Investment Firm Picks Up 70% of Le Coq
Airesis, an investment firm based in Montreux, Switzerland and traded on the Zurich Stock Exchange, has acquired 70% of Le Coq Sportif. Airesis is partly owned by Robert Louis-Dreyfus, former CEO of adidas, and by Yves Marchand, former Nike and Benetton e
adidas and Amer Get Final Clearance on Salomon Deal
adidas-Salomon AG has received all relevant antitrust clearances for the divestiture of its Salomon business segment to the Amer Sports Corporation and the transaction is expected to close within the next week. The transaction value for the Salomon busin
OIA: Embargoes Potentially Devastating to Outdoor Industry
Companies sourcing products in China face a potentially devastating 2006 from embargoes on the import of those products into the United States. Representatives of the domestic textile industry have petitioned the Committee for the Implementation of Textil
Raquette River Outfitters Wins Bell Canoe’s ‘Dealer of the Year’
Bell Canoe Works announced its newest recipient of the “Dealer of the Year” Award. Raquette River Outfitters of Tupper Lake, New York is the recipient for 2005. The award is presented each year to the dealer that best represents the criteria set forth by
Pennsylvania Launches Campaign Focusing on Outdoor Recreation
To help businesses effectively promote tourism in Pennsylvania's 12 northern counties, state Department of Conservation and Natural Resources and Department of Community and Economic Development officials met this evening with the Warren County North
Schwinn Brand Hires Specialty-Specific Product Manager
Pacific Cycle has hired Tom Mount as Senior Product Manager – Schwinn Specialty. Mount is a 14-year veteran of the bicycle industry and spent the last five years as K2's Bike Product Manager. Prior to K2, Mount worked at Darby Cycle (Raleigh America)
Nike Taps Alpargatas for Shoe Manufacturing
Argentinian textile manufacturer, Alpargatas, was selected by Nike, Inc. to produce shoes at its plants in Catamarca and Tucumán. Details of the deal were not disclosed…
JP Berg is SportHill’s New National Sales Manager
Jim Hill, President of SportHill announced that John-Paul (JP) Berg joined the SportHill Team and assumed the role of National Sales Manager vacated by Liz Wilson, who was promoted to the newly created position, Director of National and International Key
Fischer Hires SouthEast Sales Rep
Fischer has announced the appointment of Brett Birkmire as sales representative for the South Eastern US. Birkmire has worked for 7 years at Princeton Sports in Baltimore, MD. Most recently, he held the title of general manager, overseeing the daily opera
JJB Sports Sees First Half Sales Drop 6.2%; Profit Falls 35.8%
JJB Sports, UK’s largest sports retailer, announced its interim results for the 26 weeks to 31 July 2005. Revenue Dropped 6.2% to £340.4 million ($637.6 mm). Operating Profit fell 35.8% to £17.6 million ($33.0 mm)…
Mountain Khakis Adds New Rep
Mountain Khakis added Ron Mosher to their national sales rep team. Mosher will handle sales and retail responsibilities in the Northwest. Mosher has an extensive background in and passion for the fly fishing industry, and has worked for major manufacture
adidas Reiterates Growth Projections; Sees Salomon Sale Approval ‘Soon’
adidas reiterated its forecast of 20% net income growth for the year and expects to see sales growth in the mid- to high-single-digit range, based on management presentations at the company’s annual investor conference held today in Herzogenaurach, German
Extreme Shops Goes Offline With Ex Stores; Relaunches extremepie.com
Extreme Shops Ltd. is expanding from their online presence, extremepie.com into the world of brick and mortar with a chain of 30 shops planned for roll out across the UK. Extreme also announced the relaunch of their online presence on October 14th with a
