SGB Update Outdoor
OIA Redoubles Efforts to Help Protect Recreation Areas…
As the climate for public policy and environmental issues heats up, Outdoor Industry Association (OIA) has fired up its commitment and efforts to protect the pristine lands and waterways that are the lifeblood of the outdoor industry—the outdoors themselv
Johnson Outdoors will Remain Public…
After over a year of negotiations and analysis, shareholders have decided that Johnson Outdoors will remain a publicly traded company. JOUT last week held a vote at a special meeting of shareholders, looking for a two-thirds vote of the minority sharehol
Ed Andrew Returns to NiteRider as New CEO
Ed Andrew, who was President of NiteRider from January 1996 to December 1999, has returned to the company as the new CEO. Ed left the company on very good terms in 1999 to help launch a small start-up company with a product concept, a small amount of set-
Friedrichshafen OutDoor Show On-Track to Break Records
OutDoor 2005 which takes place from the 21st to the 24th July at the Friedrichshafen showground will break all records in the show’s twelve year history. By February 2005, 360 companies had pre-booked exhibition space which is a 64% increase on last years
Ruff Wear Expands U.S. Sales Force
Ruff Wear is expanding its sales force in North America to meet the needs of customers in both the outdoor retail and specialty pet markets. The new sales representatives augment the sales force currently in place in the US. Fifteen independent sales repr
Apax Partners and SKM Form $1.8 billion U.S. Private Equity Fund
Apax Partners Worldwide LLP is merging its U.S. firm Apax Partners, Inc. with Saunders Karp & Megrue (SKM). As part of the merger, John F. Megrue and Allan W. Karp of SKM have been named co-CEOs of Apax Partners, Inc., and will become members of Apax Par
Mountain Hardwear Names New Marketing Director
Mountain Hardwear announced that Phyllis Grove has been named to the position of Marketing Director. Grove will oversee marketing efforts for the company including strategy, branding, advertising, web, retailer coop programs, consumer and trade promotions
Unifi Sells Irish Facilities for $37 million
Unifi has entered into three separate contracts that provide for the sale of substantially all of the plant, property and equipment associated with the Company's European manufacturing operations, which ceased October 31, 2004…
No Snow. No Hockey. Forzani Forced to Look at Other Options…
The combination of warm winter weather in B.C. and Alberta during critical parts of the selling season, the NHL lockout, and heavy price competition in Ontario caused Forzani to fire off a warning flare to investors. The company reported un-audited sales
Accell Group’s Sales Increase 18%; Income Climbs 42%
Accell Group N.V. realised a 38% rise in net earnings per share in 2004. Net profit came in at €13.0 million ($16.2 mm), up 42% from €9.2 million ($10.4 mm) in 2003. Turnover was up 18% at €341.1 million ($424.3 mm), from €289.6 million ($327.9 mm) in 200
Pacific Brands Sees Profits Jump 35.6% for the Half Year
The Pacific Brands group announced a net profit after tax (pre goodwill amortisation) of A$54.1 million ($39.7 mm) for the half year ended December 31, 2004, which exceeded the net profit for the same period last year by 35.6%. This has resulted in earni
US E-Commerce Sales Up 4.7% for Q4
The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the fourth quarter of 2004, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, was $18.4 billi
Spiegel to Reorganize Around Eddie Bauer
Spiegel has proposed to the U.S. Bankruptcy Court for the Southern District of New York a plan in which the business will be reorganized around the Eddie Bauer division of the company, establishing a new parent company, Eddie Bauer Holdings, Inc. Eddie Ba
Pacific Launches Schwinn Branded Motor Scooters
Dorel announced new initiatives by its Pacific Cycle
division aimed at leveraging the strength of its Schwinn brand. Schwinn has launched a new category of four-stroke gas-powered motor scooters. It has also unveiled add-ons to the highly popular Sting-Ra
Russell Q4 Profits Hurt by Huffy, Other Expenses
Russell Corporation reported fiscal 2004 fourth quarter sales of $334.0 million, an increase of 10.5% over the same period a year ago. The Company also reported earnings of $10.3 million, or 31 cents per diluted share, including an approximate 6 cents per
