SGB Update Outdoor
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
Outdoor Retail Looks to Web for Solid 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 catalogs in
Gander Mountain Looks to Marine for Help…
Gander Mountain’s Q4 was hurt by the abnormally warm weather experienced by much of the country, some unforeseen cannibalization, and an inability to forecast accurate growth rates among its rapidly growing base of large-format retail stores. These three
Dick’s Sees Income Increase 12.1% To $39.9 Million…
Dick’s Sporting Goods reported that net income for the fourth quarter ended January 29 increased 12.1% to $39.9 million, or 75 cents per share, compared to pro forma net income of $35.6 million, or 69 cents per diluted share, for the year-ago period. Pro
Angel Martinez Will Be Deckers’ New CEO
Angel Martinez will join Deckers Outdoor Corporation as the company's Chief Executive Officer and President effective April 11, 2005. He succeeds Douglas Otto, who will continue as Chairman of the Board of Directors and as an executive officer, focus
Brown Shoe to Acquire Bennett Footwear
Brown Shoe Company has entered into a definitive agreement to acquire Boston-based Bennett Footwear Group for $205 million in cash. Bennett's owned and licensed footwear brands, which include Via Spiga, Franco Sarto, Etienne Aigner and Nickels Soft,
