SGB Update Outdoor
Cutter and Buck Narrows Fiscal Q3 Loss…
Cutter & Buck reported a $523,000 pre-tax loss for its ongoing wholesale business for the fiscal third quarter ended January 31, compared to a pre-tax $40,000 profit in the year-ago period. Management attributed investments in computer systems and expens
Specialty Leads the Alpine Market; Snowboard Looks to Chains for Growth…
According to the SIA Retail Audit, sales for the entire winter sport market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7.
Outdoor Retail Has Positive 2004…
The retail environment seems to be quite healthy for many of the major outdoor specialty chains, although the competitive environment is heating up at the same time. Brick and mortar retailers who are successfully integrating the Internet and catalog sale
Glass Lewis Recommends Shareholders Vote For JOUT Merger
Johnson Outdoors Inc. announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that Johnson Outdoors shareholders vote FOR Johnson Outdoors' proposed merger with JO Acquisition Corp. at the Company's special s
NikeGO Head Start Hopes To Introduce Preschoolers To Fitness
Nike continues its mission of getting kids physically active by reaching out to young children with its latest NikeGO program — NikeGO Head Start — an initiative designed for preschool children and their families at Head Start sites throughout the count
Baby Jogger Taps Gottlieb as Director of Sales
The Baby Jogger Company, has hired Justin Gottlieb as Director of Sales and Marketing for Baby Jogger strollers. In this role, Gottlieb will oversee all aspects of sales and marketing for The Baby Jogger brand, which includes managing a strategic growth i
Calvin Johnston Promoted to CEO of Russell Athletic
Russell Corporation has promoted Calvin Johnston to CEO of Russell Athletic. Johnston had been president of JERZEES Europe. He will relocate to Atlanta from Scotland and report to Jon Letzler, president and COO for the Corporation…
Salomon Alpine Business a Drag on Sales and Profits at adidas-Salomon…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42% during the quarter to $457.4 million, compared to $322.1 million last year. Pacific account
Prime Rate Investors to Acquire Skiershop Mountain Sports…
Prime Rate Investors, an affiliate of RSN and the owners of Stowe TV-10, has signed a letter of intent to acquire Skiershop Mountain Sports, a Stowe, Vermont based Bicycle, Outdoor, and SnowSports retailer…
Orange 21 Sees Some Legal Action…
Orange 21 has received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. These three product styles accounted, in the aggregate, for less than 4% of Orange 21's sales for the 2004
Thule Shows Solid Q4…
Thule finished off a strong fourth quarter, the first under new owner, Candover Partners (see BOSS_0444). Sales for the quarter increased 44% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) last year. Profitability improved
Rocky Consolidating After Acquisition…
Rocky Shoes & Boots plans to consolidate operations following the recent acquisition of EJ Footwear, including the relocation of the Lehigh division headquarters in Vestal, N.Y. The company plans to relocate key management to Rocky's headquarters in
Twin Tips Drive Specialty; Snowboard shows Continued Softness…
According to the SIA Retail Audit, sales for the entire winter sports market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7
Altama Deal Weighs Down Phoenix…
Phoenix Footwear’s acquisition of Altama is not paying-off like the company expected when the deal closed in July of last year. Many of the military contracts held by Altama at the time of the acquisition have suffered from delayed procurements and the di
