SGB Update Outdoor
Hayes Brakes Changes Owners in MBO…
Hayes Brake is now an employee-owned company operating under the name HB Performance Systems after a management buy-out completed June 10. The MBO was led by the existing nine-member management team and funded by Nautic Partners, a private equity firm wit
Marmot Discontinues Dana Designs…
For spring 2006, Dana packs will become Marmot packs. Dana components like Arc Flex and Arc Energy and styles like the Terraplane, Glacier, Bridger, and Bomb will carry forward, but the entire collection is now consolidated under the Marmot brand. Marmo
TEA-LU, SAFETEA, and LWCF See Action in Congress; Access Fund Fights for AZ…
House and Senate members were appointed to a conference committee to iron out the differences between the House bill, TEA-LU – H.R 3, and the Senate bill, SAFETEA – S. 732. According to America Bikes, after a good deal of behind-the-scenes negotiations, t
Eddie Bauer Emerges As an Independent Public Company…
Eddie Bauer emerged from the Spiegel, Inc. Chapter 11 reorganization process under its newly formed parent company, Eddie Bauer Holdings, Inc. After nearly 35 years, the retailer is once again fully independent following over two years of reorganization a
Everlast Partners With Sports Accessories Group
Everlast Worldwide Inc. announced that it has entered into a licensing agreement with Sports Accessories Group, LLC of New York City for the production and marketing of a line of men's, children's and unisex bags, including backpacks, sports bag
adidas Sees Soccer Sales Topping $1 Billion in 2006
“Having the world's biggest sporting event take place in our home market is a once-in-a-lifetime opportunity,” Herbert Hainer, CEO of adidas-Salomon AG told journalists at the adidas World Cup Day. “adidas is ready for the World Cup, and for 2006 we
Sportsman’s Guide to Restate Earnings; Pulls Secondary Offering
The Sportsman’s Guide, Inc. will change its accounting for Buyer’s Club membership fees and restate certain of the company’s previously issued consolidated financial statements. In other SGDE news, the company has pulled its planned secondary offering of
Oakley Opens Mexico City O Store
Oakley, Inc. has announced the opening of an O Store in Mexico City, Mexico. This O Store is Oakley's eighth international licensed location and will be owned and operated by Grupo Sanborns, S.A. de C.V., a unit of Grupo Carso well-known for its reta
Cloudveil Adds Several New Faces and Promotions
Cloudveil hired several new people to further bolster areas of support and to meet demand. In Jackson, Cloudveil has added Ned Hutchinson as Product Line Coordinator, Casey Shaw as Product Line Development/Designer and Annie Putnam as the Consumer Marketi
Spalding Announces New Category Marketing Manager
Spalding announced the promotion of Brian Kelly to category marketing manager, football and soccer, for Spalding, effective June 1. Kelly, who joined Spalding in 1998, will continue to report to Llewellyn…
ISIS Hires Kokx and Toy for Design and Sales Teams
ISIS For Women appointed Lisbeth Kokx as technical outwear developer and Kristen Toy as national sales manager, a new position. Toy will be responsible for all aspects of ISIS domestic sales including overseeing ISIS regional sales force and dealer servic
Eldorado Wall Co. and Franklin to Sponsor USA Climbing Nationals
Eldorado Wall Company and Franklin Handholds will be the Presenting Sponsors for the 2005 USA Climbing National Championships, hosted by MetroRock in Everett, MA, July 1-3, 2005. This event will be the culmination of the Difficulty and Speed Climbing 2005
KUU Inks Deal with Austrian National Ski Team
KUU, the Canadian manufacturer of competition race waxes and tuning equipment, is now an “Official Supplier” to the Austrian National Ski Team. KUU inked this agreement earlier this month, which applies to both Austria’s world famous Alpine team as well a
Callaway Confirms Consideration of Various ‘Strategic Alternatives’
Callaway Golf Company confirmed that it is continuing its previously announced search for a new chief executive officer. As part of that process, the Board of Directors is also conducting a full review of the strategic alternatives for the company, and is
Finish Line Earnings Climb 24% on 2% Comp-Store Gain
The Finish Line's net income for the first quarter was $12.7 million or 26 cents per diluted share versus $10.4 million or 21 cents per diluted share reported last year, an increase of 24% in diluted earnings per share. Net sales increased 13% to $29
