SGB Update Outdoor
Reebok Relies on Hockey for Q2 Sales Gain…
Reebok International Ltd. capitalized on a combination of one-time charges in Q2 last year, the acquisition of The Hockey Company, and a nice gain in gross margin to post a healthy increase in the bottom line in the second quarter ended June 30. Excludin
GNC Continues Core Golf Growth in Q2…
Even as other brands are showing declines in the core golf shop business — a trend blamed on declining or stagnating rounds played this year — Greg Norman Collection saw continued growth in the channel that outpaced its overall revenue gains for the sec
Deckers Takes its Q2 Medicine in Sandal Business; UGG Already Shining for Fall…
The right weather for sandals kicked in just in time to help Deckers Outdoor Corporation move Teva sandal inventory through at retail and off the warehouse floor. Teva inventories are down 49% since the end of the first quarter, but the effort to liquida
K2 Inc. Sees Q2 Strength in Team, Skate, and Outdoors; Action Sports a Drag…
Integration appears to be the theme of the day at K2 Inc. as the company moves to create more efficiencies in their broadening portfolio of brands. The company has gotten through the easier stuff, like eliminating the cost of being a public company for s
Acushnet Q2 Profits Jump 26% on 9% Sales Gain…
The Acushnet Company, the Fortune Brands division that manages the Footjoy, Titleist, Cobra, and Pinnacle golf brands, saw stronger sales, favorable product mix, and manufacturing efficiencies lead to a 25.6% increase in operating profit in the second qua
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
