SGB Update Outdoor
Second Quarter Retail Results Get Boost from IPO’s, Mergers and Acquisitions…
The retail sector offered little excitement in the second quarter as athletic specialty and sporting goods retailers settled into their newly merged formats that produced little energy in the comparable store line. Genesco’s triumvirate of specialty name
Mainland Headwear Reports Weak H1, Has High Hopes for Back Half…
Sales and profits were down for the first half of the year for Chinese headwear manufacturer, Mainland Headwear. The company pointed to the loss of the MLB license and the NHL lockout as culprits for much of the downturn, while looking to the back half a
Yue Yuen Signals Negative Impact of Oil Prices, Labor Costs…
A key indicator may show that increasing oil prices and a growing Chinese economy are apparently working their way into the footwear manufacturing pipeline. Last week, Chinese footwear manufacturer Yue Yuen Industrial Limited reported a profit decline in
Warnaco Swimwear President Appointed to International Swimming Hall of Fame Board
Roger Williams, president of the Warnaco Swimwear Group, was appointed to the new board of directors of the International Swimming Hall of Fame, joining 14 other business leaders and sports personalities it was announced today by Mark Spitz, Chairman of t
Black Diamond Expands Management Team to Support Growth
Black Diamond Equipment created ten new middle and upper level positions to enhance innovation and streamline efficiencies. Black Diamond said that the company's recent growth, and confidence in its continued growth, has led to the hiring of experien
Saucony Shareholders Approve Stride Rite Merger
Saucony, Inc. announced that shareholders had voted overwhelmingly to adopt the merger agreement allowing The Stride Rite Corporation to acquire Saucony. At the Special Meeting of Shareholders approximately 86% of the company's Class A Common Stock a
Sport-Haley Reverses Q4 Loss on 10% Sales Gain
Sport-Haley reported net income of $587,000 for the fourth quarter of its fiscal year ended June 30, 2005, or 23 cents per share, as compared with a loss of ($1,659,000), or (55 cents) per share, in the fourth quarter of the previous fiscal year. Net sale
Leaked Memo Proposes Broad National Park Service Changes…
The National Parks Service and the Department of the Interior made headlines all over the country last week, largely in editorial columns, due to a leaked memo that proposes drastic re-writes of the fundamental purpose behind the National Parks Service. T
Trek Technologies Inks Deal with StuffBak
Trek Technologies, d.b.a. Trek-Tech inked a partnership with the StuffBak, a loss-protection-and-recovery service. The new StuffBak feature provides consumers with a service designed to recover lost possessions. As part of a TrekPod product purchase, con
SIA Launches First Phase of ‘Model for Success’
SnowSports Industries America will introduce results from the first phase of its new “Model for Success”, as presented by Jim Spring, president of Leisure Trends, at its pilot education seminar series set to take place in New England next week. The prese
Stride Rite Corp. Completes Saucony Acquisition
The Stride Rite Corporation has completed the acquisition of Saucony, Inc. for a total purchase price of approximately $170 million in cash. The acquisition is being financed with cash on hand and borrowings under a new $200 million revolving credit facil
SIA Joins Forces with OIF for ‘Get Fit with US’ Campaign
Through its “Winter Feels Good” campaign, the SnowSports Industries America Education Foundation is working with the Outdoor Industry Foundation and a consortium of federal government agencies to encourage year round outdoor physical activity under the ba
Oakley Inks Deal with Transitions for New Prescription Product
Oakley's new lens offerings combine the technologies of Transitions V with ESP(r) photochromic technology, Oakley Iridium lens coating and Oakley Plutonite(r) lens material. The partnership with Transitions marks the first time that photochromics hav
Bridgedale Inks Deal with the Breast Cancer Fund
Bridgedale has partnered with the Breast Cancer Fund to donate 10% of the net wholesale amount from their newest women's performance sock, the X-Hale to the organization for one year beginning January 1, 2006. The Breast Cancer Fund focuses on preven
Matix Clothing Names New Skate Team Manager
Matix Clothing introduced newest member of the Podium family, Tony Evjenth. Tony will be handling the Matix skate program as skate team manager…
