SGB Update Outdoor
Cabela’s Anticipates Flat Q3 Income on Negative Comps…
Cabela’s sales and earnings were impacted by the Hurricanes hitting the Gulf Coast, the resulting higher energy prices, and the effect this is having on consumer spending. Third quarter fiscal 2005 revenues are expected to increase 12% with diluted EPS “a
Nike’s Beaverton Campus Earns ‘Salmon Safe Certification’
Nike’s world headquarters is the first corporate campus to earn 'Salmon Safe certification,' a designation that means the company is significantly improving the environmental health of its 175-acre property. Other companies working towards Salmo
Rocky Receives New Military Contract; Provides Preliminary Q3 Results
Rocky Shoes & Boots has received an order to fulfill a contract to the U.S. Military to produce “Hot Weather” boots for approximately $30.0 million. The Company also reported preliminary results for the third quarter ended September 30, 2005. Rocky expect
Carrera Becomes Fourth Sponsor for Team FSx
Carrera has signed a two year contract to sponsor Team FSx. Eli Brown, Fischer Nordic Racing manager has brought Carrera on to help American Cross Country Ski racers compete at the top level in national and international competition. Carrera will be the o
LaCrosse Signs Lease on HQ and DC in Portland
LaCrosse Footwear, Inc. announced that it has signed a long-term operating lease for a new 145,000 square foot building in Portland, which will house its corporate headquarters and the distribution center for its Danner products. Construction is scheduled
Cabela’s Receives $5.5 Million from Pennsylvania
Governor Edward G. Rendell announced the investment of $5.5 million to support the expansion of Cabela's retail store in Berks County, a project that will result in 850 new jobs. Governor Rendell also presented the first funding ever awarded through
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…
