SGB Update Outdoor
Consolidation Picks Up in Bicycle Business; Hayes Acquires Sun Ringlé
After its own management buyout less than 30 days ago,
HB Performance Systems Inc., formerly Hayes Brake, has acquired Sun Metal Products Inc. of Warsaw, Ind., parent company of Sun Ringlé brand wheels, wheel sets, hubs and other bicycle and wheelchair co
AT Conservance Elects New Board
Fifteen men and women with an array of connections to the Appalachian Trail—including five of the 30 members of the old board of managers of the Appalachian Trail Conference—have been elected to serve as the first board of directors of the Appalachian Tra
Retailers and Vendors are Ready to Get Back to the Business of Hockey…
The National Hockey League and the National Hockey League Players' Association last week reached an agreement to settle the 300+ day lockout imposed by NHL owners nearly 10 months ago. The question on the mind of many in the sporting goods industry
Sport-Haley Looks for Clean SEC Slate…
Sport-Haley, Inc. is pursuing settlement of claims brought against it and its former controller, Steve Auger, by the U.S. Securities & Exchange Commission. The suit, filed by the SEC in 2003, alleges that Sport-Haley misrepresented inventories, period cos
Just Two Bikes Has Two New Owners…
Just Two Bikes in Hugo, Minn. was acquired by the company’s sales and marketing manager, Jim Dugelman, and Dale Hedstrand, president of Focal Point Financial Services. They have acquired the firm for an undisclosed sum from Jim Muellner, who founded JTB i
Gildan Raises Guidance on Higher ASP, Lower Costs…
Gildan Activewear raised third quarter and fiscal year earnings guidance and the company now expects diluted EPS for the third quarter to be at least 10% above its most recent guidance of approximately 50 cents per share. Gildan has already raised its gui
Rebel Sports Fiscal Year Comps Inch Up 0.8%…
Rebel Sport Limited, the largest sporting goods and outdoor equipment retailer in Australia, reported annual sales increased 3.8% to A$316.9 million ($238.9 mm). This increase came in spite of a missing week in fiscal calendar year 2005. Comparing year-on
The Stingray’s Waning, What’s Next for Schwinn?
Dorel Industries’ Home Furnishings and Recreational/ Leisure segments, the latter of which is made up entirely by Pacific Cycle, will negatively impact earnings in the second half of the year. The Canadian company’s second quarter results will be announce
Russell Corp. Warns on Q2 on Struggle with Operational Costs, Lower Sales…
Despite a sporting goods retail market and consumer base that is now widely accepting performance fabrics as a core item, or perhaps because of it, Russell Corp continues to struggle with the Sporting Goods business in the U.S. RML reported last week that
ORSM Will See Action in Backpacks Again…
The backpack market is receiving more attention from vendors, designers, and marketing teams this year than it has since the words “light and fast” were first uttered in the OR Show hall. With new product offerings coming from many, new technology coming
Quiksilver Sponsors AVP Youth Initiative
AVP Pro Beach Volleyball Tour, Inc. announced a sponsorship agreement with Quiksilver, Inc. making Quiksilver the official sponsor of the first-ever AVP Youth Initiative. The AVP Youth Initiative is a program designed to encourage and promote the sport of
Stanwood Resigns from VNU Trade Shows
Stanwood & Partners PR has resigned PR representation of the Outdoor Retailer, Action Sports Retailer, Interbike and Health & Fitness trade shows. Two weeks ago, Stanwood & Partners was retained by Snowsports Industries America (SIA), to represent the SIA
Elmes Tapped by Vicious Cycles for Branding and Marketing
Steven Elmes, founder of SJE Productions and former front man for Independent Fabrication, has been retained to oversee the branding and marketing of Vicious Cycles…
Chico’s Takes lucy Board Seat After Investment
lucy activewear, inc. has closed a $20.3 million round of financing, with retailer Chico's FAS, Inc. joining existing investors Lone Pine Capital, Maveron LLC, Oak Investment Partners and Sutter Hill Ventures in the series G financing. Chico's p
Deep Distribution Parts With WESC
Deep Distribution no longer represents Swedish clothing brand, WESC in the United States. Deep Distribution will shift its energy and focus to its core business of growing Nikita Clothing in the US market. WESC will open a New York retail location and han