SGB Update Outdoor
Quiksilver Clears First Hurdle in Rossignol Deal
Quiksilver, Inc. has executed the stock purchase agreement with the Boix-Vives family, which holds a majority interest in the Rossignol Group. The agreement in principle to acquire the Rossignol Group was announced on March 22, 2005, but formal execution
Palmer Announces Record Sell-Through
Palmer Snowboards announced to the industry that after a very slow season start, retail sell-through at the close of February is over 61% of the Palmer boards available in the US market. With a weak snow season in several key regions, it looked like the w
National Sales Manager — Sportswear
The Human Capital Group, Inc (Retained Executive Search firm) is seeking candidates for an outstanding Atlanta-based opportunity as National Sales Manager – Sportswear for the Mossy Oak Apparel division of Russell Corporation. This dynamic sales leader w
Sporting Goods Stores Top $2 Billion in Sales For January
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.01 billion (preliminary) for the most recent reporting month (January), up 2.8% from the $1.96 billion in January 2004. The increase follows
Mossimo Founder Wants to Take Company Private
Mossimo, Inc.'s founder Mossimo Giannulli announced that he is proposing to acquire the outstanding publicly held shares of the company for $4.00 per share in cash, a 20% premium to the closing price of the company's common stock on April 11, 20
Nautilus Hit with CPSC Fine; Sees Q1 Sales Offsetting Impact
Nautilus, Inc. has entered into a settlement agreement with the U.S. Consumer Product Safety Commission which will require the NLS to pay a civil penalty in the amount of $950,000. The penalty settles allegations that the Nautilus failed to timely report
Outdoor Research Hires Treeline Sales to Cover Pacific Northwest
Outdoor Research announced the hiring of Treeline Sales, LLC to represent the Exped brand in the Pacific Northwest Territory. The team of Tim Andis, Dana Sterling and Ray Thomas will represent the Swiss line of innovative and award winning tents, sleeping
Play it Again Parent Sees Q1 Profits Halved
Winmark Corporation reported that net income for the quarter ended March 26, 2005 fell 48.5% to $699,900, or 11 cents per diluted share, compared to net income of $1,360,300, 21 cents per diluted share in the first quarter of 2004. Total revenues decline
Report Sees Older Americans Transforming Fitness Landscape
It languished for about a decade, but now the American fitness phenomenon is coming to life again, resuscitated by the least likely demographics — “older” participants. From 1998 – 2004, the number of frequent fitness participants aged 55+ zoomed by 33%
Nike Releases Names of Factories in New Report
In a move toward greater industry transparency and collaboration, Nike, Inc. on Tuesday voluntarily disclosed, in conjunction with the release of its new corporate responsibility report, the names and locations of the more than 700 active contract factori
ICON Posts Fiscal Q3 Loss as Sales Dip 1.8%
ICON Health & Fitness, Inc. reported net sales dipped 1.8% to $301.3 million for the fiscal third quarter ended February 26, compared to $306.9 million for the three months ended February 28, 2004. ICON reported a $838,000 net loss for the quarter, compa
Hus Joins Titus Cycles as CEO
Pat Hus has been hired as the Chief Executive Officer for Titus Cycles, joining Chris Cocalis as President. Prior to coming to Titus, Hus was the Vice President of Sales and Marketing at the American Bicycle Group, owners of Litespeed, Quintana Roo, and M
March Retail Gets an Easter Boost, But…
March was a month that both giveth and taketh away this year as the upside benefits expected by many due to the earliest Easter in 16 years were offset by the wicked winter weather in much of the northern tier of the country. While the early holiday, whi
Serial Acquirer Alert: Quiksilver Nabs Aussie Retailer…
Quiksilver has been on quite the acquisition tear recently, expanding both their wholesale division through the Rossignol deal reported last month, and now their retail division through the acquisition of Surfection. Surfection has been operating in Austr
Retail Execs Stay Upbeat in March…
After a nice retail rebound in February, Retail Executives apparently kept their upbeat attitude in March as an early Easter promised to give them a lift versus the year-ago period. Still, the holiday lift for the month only brought the execs’ outlook fl
