SGB Update Outdoor
Consolidation Strikes Again in Paddlesports Market…
In a move that is sure to change the face of the paddlesports industry, Confluence Holdings has acquired one of their largest competitors, WaterMark Paddlesports. Rumors about the pending deal had been floating around the industry for months and virtually
Johnson Outdoors Shows Mixed Results in Fiscal Q2; Watercraft Improves…
The predicted slow-down in military tent sales became a reality at Johnson Outdoors during their fiscal second quarter, but this was offset by sales growth in the Marine Electronics division, driven by the acquisition of Humminbird in May of last year. To
Columbia Sportswear Enters the Bicycle Market in Licensing Deal…
The Columbia Sportswear Company has signed a license agreement with World Wide Cycle Supply giving WWCS the rights to design, manufacture, and market outdoor bikes and bike accessories with the Columbia name. WWCS will manage distribution and plans on sel
PETA Drags Outdoor Brands into Merino Mulesing Fight…
The animal rights group, PETA, has been dragging outdoor companies into an Australian Merino wool boycott, apparently without notifying the companies. In a series of separate announcements, PETA stated that Timberland and Smartwool had joined their fight
OIA Not Happy with U.S. House Action on LWCF…
The House Appropriations Committee voted to eliminate funding for the Land and Water Conservation Fund in the proposed 2006 budget. Since LWCF was created by Congress 40 years ago, the program has funded 40,000 parks in 98% of the counties in the nation.
Pacific Cycle Up 30% in First Quarter, But is Sting-Ray Effect Waning…
Dorel continues to outperform Wall Street’s expectations for both sales and earnings with much of the top line growth coming from the acquired Pacific Cycle, which makes up Dorel’s Recreation and Leisure Division. Total company sales for the first quarter
Lafuma Buys 63.55% Stake in Oxbow…
Last week, BOSS reported that Lafuma and Oxbow shares were suspended from trading on the Paris stock exchange pending merger negotiations (See BOSS_0519). This week, the Lafuma Group signed an agreement with Teahupoo, an investment fund acting on behalf o
Outdoor Mystery Bloggers Call it Quits…
The blog that quickly became the talk of the outdoor industry has been shut down after a run of just under a year. ThePiton.com appeared before OR Summer Market last year and word spread quickly at the show about an anonymous group of outdoor industry exe
Head NV Takes a Hit Across All Divisions in First Quarter
Head N.V. reported that net revenues for the first quarter were down 9.5% to $83.6 million from $92.4 million in Q1 last year. The company's operating loss before restructuring costs jumped 94% to a loss of $9.0 million. The consolidated net loss d
Spalding Enters China Market in New Partnership
Russell Corporation's Spalding division has signed a strategic alliance agreement with Kangwei to design, manufacture and sell Spalding products in China. The agreement covers athletic apparel, footwear and accessories. Kangwei has established a sep
The Buckle Sees Q1 Profits Surge 46.4% on 11.4% Sales Gain
The Buckle, Inc. reported that net income jumped 46.4% on an 11.4% sales increase for the first quarter ended April 30, 2005. Net income for the first quarter of fiscal 2005 was $8.6 million, or 40 cents per diluted share, compared with $5.9 million, or
Cizen Named US Buying Agents for Mega Sports Co.
Cizen Inc., a distributor, manufacturer, licensee, and consulting group announced that they reached an agreement to be named as the US buying agents for Mega Sports Co. Inc., the joint venture company that operates the “Sports Authority” stores in Japan..
Brooks Finds Four on U.S. Marathon Team
Brooks Sports, Inc. will set the pace at the International Association of Athletics Federation (IAAF) World Championships in Athletics, held this summer in Helsinki, Finland. Elite runners supported by the performance running company secured four of the 1
Keys Fitness Will Target the Mass Market
Keys Fitness Products will target distribution of its Ironman Fitness personal health and fitness accessories to national grocery, drug, and mass merchant retailers throughout the United States hoping to reach female consumers, ages 18-54, who purchase 60
Kampus Wakeskat8s Wins BrandNew at ispo
Kampus Wakeskat8s continued a growing tradition of market-savvy sports product development in the United States, becoming the latest American company to win a coveted ispo BrandNew Award. Based in Oceanside, CA, Kampus Wakestat8s received the inaugural Ri
