SGB Update Outdoor
Sporting Goods See Second Straight Month of Improved Sales
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.61 billion (preliminary) for the month of April, up 13.3% from the $2.3 billion in April 2004. The increase follows a 5.0% increase in March
Reorganization Plan Puts Huffy Under Chinese Control
Huffy has reached an agreement in principle on a Plan of Reorganization with the China Export & Credit Insurance Corporation and Huffy's primary suppliers, referred to as the “Sinosure Group,” and the Official Unsecured Creditors Committee. The agree
Sport Chalet Fiscal 2004 Sales Climb 17% on 5.7% Comp Increase
Sport Chalet fiscal year ended March 31, 2005 sales increased 17.0%, from $264.2 million last year to $309.1 million this year. The increase is the result of opening five new stores this year and three last year, as well as a same store sales increase of
OIWC Hosts Chillfest Following OR Summer Market
The Outdoor Industries Women’s Coalition will host outdoor industry women at the Wasatch Mountain Club Lodge for relaxation, rest, revival and networking. The retreat will take place August 14-16, 2005, and will begin immediately after the close of the Ou
Nordica Appoints Pachmayer as New Midwest Rep
Nordica USA appointed Nick Pachmayer to the Nordica sales force. Pachmayer will assume the position of Sales Representative in the Western Great Lakes region of the Mid-West covering the following states: ND, SD, NE, KS, MN, IA, MO, IL, WI and the MI Uppe
Downing and Associates Wins Arc’Teryx Rep Award
Arc’Teryx awarded Rocky Mountain-based Downing & Associates with its annual award for best North American rep group. The sales team of Mike Downing, Jeremy Hensel, and Brandon Carlile were recognized for their outstanding performance and presented with a
Timberland Wins Silver IDEA Award
The Timberland Company today accepted a Silver 2005 Industrial Design Excellence Award for its Timberland TravelGear collection. The award, sponsored by The Industrial Designers Society of America and BusinessWeek, is given to companies that display super
The Adventure Travel Market Starts to Pick Up Steam…
While many Outdoor companies were able to capitalize on the growth of the military business the last few years, the adventure travel industry has felt the opposite effects since 9/11. Recently, this trend seems to be reversing itself, leaving many milita
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
Nike Q4 Earnings Up 15% on 7% FX Rate-Aided Sales Gain
Nike, Inc. reported fiscal fourth quarter revenues increased 7% to $3.7 billion from $3.5 billion for the same period last year. FX rate changess account for three percentage points of the growth. Fourth quarter net income was up 15% to $349.5 million, or
