SGB Update Outdoor
The Sportsman’s Guide Will Again Beat Street Estimates…
For the third quarter in a row, the Sportsman's Guide, Inc. announced that its originally released guidance needed to be raised, an action that sent shares up 24% for the week to close at $22.30 on Friday.
SGDE reported that net sales for the secon
Quiksilver to Re-Open Rossignol Tender Offer; Raises $400 Million in Note Sale…
Quiksilver, Inc. has successfully completed its tender offer for the outstanding share capital of Skis Rossignol S.A., acquiring approximately 6.0 million shares during the offering period for €19.00 per share. Upon the anticipated closing of the transac
Phil Knight Sets Sight on Expanding His Entertainment Businesses…
Nike Inc. founder and chairman Phil Knight last week announced a new entertainment and media venture called Laika Entertainment. The new entity will absorb Vinton Studios, which Knight acquired in September 2003…
Huffy Corp. Files Re-Org Plan…
Huffy Corp. has filed its proposed Plan of Reorganization and related Disclosure Statement with the U.S. Bankruptcy Court, planning to emerge as a private entity focused on its Huffy Bicycle, Tommy Armour Golf, and Ram Golf brands. While the efforts of a
Senior Manager, Custom Product — New Balance
New Balance is seeking a seasoned footwear professional with extensive experience in marketing and sales. Relied upon to lead, influence and monitor product development cycle for the custom line. Requires expertise in design, development, merchan
Recall: VisionTech USA Aero Bars
The U.S. Consumer Product Safety Commission, in
cooperation with VisionTech USA, Inc., announced a voluntary recall of about 280 of the VisionTech USA SuperMax, TriMax, TriMax Plus and Pro model Integrated Bicycle Aero Bars. Consumers should stop using re
Element 21 Names Curry VP of Sales
Element 21 Golf Company has recently added Jack Curry as VP of sales. Jack is a thirty-year veteran with a successful management history of upwards $50 million in annual sales, and profound expertise in the Golf and Sporting Goods industries. In the past
Oakley and Motorola Launch RAZRWire
Motorola, Inc. and Oakley, Inc. announced the expected availability of RAZRWIRE Bluetooth eyewear in early August. RAZRWIRE is armed with Motorola's third generation Bluetooth technology and supports Bluetooth RF protocol 1.1 and 1.2 ensuring compati
Dick’s SG Gets $10.85 Million from Pennsylvania for Expansion Effort
Pennsylvania Governor Ed Rendell presented a $10.85 million check to Edward Stack, chairman and CEO of Dick's Sporting Goods, for the expansion of the company's corporate headquarters in Findlay Township outside of Pittsburgh. At least 700 new j
Herrera Appointed VP of finance at OIA
Frank Hugelmeyer, President of Outdoor Industry Association, announced the appointment of Lori Herrera as Vice President of Finance. Formerly the Vice President of Finance and Operations for Qualstar Early Learning and Educare Colorado, Herrera brings a w
Quiksilver Completes Rossi Tender Offer; Senior Notes Over-Subscribed
Quiksilver, Inc. has successfully completed its tender offer for the outstanding share capital of Skis Rossignol S.A. Quiksilver acquired approximately 6.0 million shares during the offering period for EUR 19.00 per share, and at the anticipated July 26,
Second Quarter Sales Up 10%, Top $2 Billion at Fortune Brands
Fortune Brands reported their first quarter over $2 billion in sales for the second quarter ended June 30, 2005. For the second quarter, net income was $200.3 million, or $1.33 per diluted share, up 20% over $1.11 in the year-ago quarter. Diluted EPS befo
Gander Mountain EVP Resigns
Al Dittrich, executive vice president, merchandising of Gander Mountain Company, announced his resignation from the company. Mr. Dittrich had served with the company since 1998…
Element 21 Golf Names VP of Sales
Element 21 Golf Company announced the addition of Mr. Jack Curry, as vice president of sales. Jack is a thirty-year veteran with a successful management history of upwards of $50 million in annual sales, and profound expertise in the Golf and Sporting Goo
NRF: China Currency Shift Is a ‘Positive Step’
The National Retail Federation expressed hope that China's decision to revalue its currency will help ease anti-China sentiment in Congress after the Chinese government announced that it would end the decade-old policy of tying the yuan to the U.S. d