SGB Update Outdoor
West MArine Q2 Comps Fall 3.5% on Weakness in the North and West
West Marine net sales for the second quarter were $253.5 million, an increase of 0.4% from net sales of $252.6 million a year ago. Comparable store sales for the second quarter of 2005 decreased 3.5%, compared to a comparable store sales increase of 4.6%
Volcom Closes IPO; Raises $89 Million
Volcom announced the close of its initial public offering of 4,687,500 shares of common stock at a price of $19.00 per share and the simultaneous close of the underwriters' over-allotment option to purchase an additional 703,125 shares of common stoc
JJB Sports Reports 9.4% YTD Comp Sales Decline
JJB Sports reported that total Group revenues, including health clubs, for the 22 weeks ended 3 July 2005 were down 8.9% from the comparative period last year and included a 9.4% decline in comparable store sales. JJB said the results were affected by th
G.I. Joes Partners with SelfService to Launch New On-Line Guide Portal
G.I. Joe’s has joined with SelfService Systems, Inc. in a partnership that will expand the use of the successful Team G.I. Joe’s certified fishing and hunting guide program through AdventuresExpress.com, a new online outdoor travel and gear sales portal..
Retek Parent Oracle to Acquire ProfitLogic
Oracle Corporation and ProfitLogic, Inc. have announced a definitive agreement for Oracle to acquire ProfitLogic, a privately held provider of Retail Profit Optimization solutions. ProfitLogic's software analyzes customer demand patterns to help reta
Huffy May Become Private, Chinese-Owned Company…
After nine months under Chapter 11 bankruptcy protection, Huffy Corp. last week provided some guidance on its plans for reorganization. HUF filed papers with the SEC pertaining to an “agreement in principle” between Huffy and a group of creditors includ
Nike Inc. Lays Out Opportunity for Global Multi-Brand Strategy…
After a rather tepid presentation of some arguably outstanding results on their earnings conference call on Monday (SEW_0526), Nike management on Tuesday took some of their biggest investors and some influential analysts through their detailed plans for t
Stride Rite Chalks Up Q2 Keds Decline to Repositioning; Hilfiger Continues Decline…
The Stride Rite Corporation got little help on the top line from most of its core brands for the fiscal second quarter ended June 3. But improving margins at Keds helped push total GM higher, nearly offsetting the increase in operating expenses for the pe
Recall: Nautilus Excercise Benches
Nautilus Inc., in cooperation with the U.S. Consumer Product Safety Commission has issued a voluntary repair recall of about 10,000 Nautilus NT 1020 Exercise Benches. The company is requesting that consumers stop using the exercise benches immediately an
OIF’s Participation Study Shows Positive Trends…
Over the past few years, the women’s specific market has been a driving force for much of the outdoor industry. On the Vendor side, companies like K2, Moving Comfort, Isis, and Sherpani all invested heavily in marketing and product development. According
Quik Floats Notes to Fund Rossi Deal; Ex Salomon Chief to Take Rossi Reins…
Quiksilver, Inc. last week announced a plan to help fund its impending acquisition of Skis Rossignol S.A. Quik will float $350 million aggregate principal amount of senior notes due in 2015. The release stated that the private offering, which is subject
Johnson Outdoors Minority Investor Goes Public Again with Demands…
Dolphin Limited Partnership I, L.P., a private investment partnership that together with an affiliate hold about 4% of Class A common stock of Johnson Outdoors Inc., has not gone quietly into that good night in their efforts to pressure the JOUT board and
Asolo Signs N.A. Equipment License with Infinity Sports Group…
Infinity Sports Group of Vancouver has signed a licensing agreement with Asolo SpA to design, market, and distribute Asolo branded backpacks, tents, and sleeping bags for the North American market. The Infinity Sports Group, currently distributes Asolo fo
Thule Consolidates Sales Force
With the goal of streamlining its sales team, Thule has consolidated its sales representation in multiple channels to single representative groups in the Rockies, Midwest, and Southeast. Historically, Thule has had multiple sales representative groups fo
Director of Footwear Development — Pearl Izumi
Pearl Izumi is seeking a Director of Footwear Development to oversee our product development operations in the U.S. and China. This leader will have a proven record managing and leading a cross cultural team, creating and implementing effective de