SGB Update Outdoor
Quadriga Acquires Jack Wolfskin…
Funds advised by Bain Capital have sold all shares of Jack Wolfskin to private equity firm Quadriga Capital. Jack Wolfskin’s top management will continue to hold a considerable, but minority, part of the shares. No financial details were disclosed, but J
ShopKo Latest in Move to Go Private…
ShopKo Stores, Inc. announced that it signed a definitive merger agreement to be acquired by an affiliate of Minneapolis-based private equity investment firm Goldner Hawn Johnson & Morrison Inc. The acquisition is valued at slightly more than $1 billion,
Annual NSGA Participation Study Sees Little Shift in Top Categories…
The National Sporting Goods Association last week issued some early numbers from its sports participation report for 2004, again pointing to Exercise Walking as the largest participation sport in the U.S. last year. The data, which is part of a broader a
Adams to Get a Bump in First Quarter…
Adams Golf has been fully reimbursed by its insurance company for funds embezzled by a former employee. ADGO in December reported that $970,000 in embezzled funds had been expensed in the years when the activity occurred.
Adams has now indicated that it
Callaway Carefully Managing to a 50% Drop in Earnings for Q1…
Callaway Golf Company said its first quarter revenues will likely fall more than 17.5% for the period, a decline the company said was at least partially expected as they staggered new product launches more evenly this year and carefully managed the amount
Escalade Sports Again a Drag on Q1…
Escalade, Inc. announced that net income nearly doubled for fiscal Q1, increasing 93% to $1.2 million or 9 cents per share, as compared to 5 cents in Q1 last year. The gain was due entirely to the turnaround of the office products operations. Company ne
Puma Looks to Come Out of FIFA Action in One Piece…
News out of Germany last week has the Court there apparently siding with Puma AG in the ongoing dispute over a one-piece kit the company had designed for Cameroon. FIFA had previously fined Cameroon for wearing the uniforms during the African Cup in 200
Obituary — J. Carter Bacot
J. Carter Bacot, a member of the Board of Directors of Foot Locker, Inc. and the lead director, died at home in Montclair, NJ on April 7, 2005. The cause was cited as cardiac arrest in published reports. Mr. Bacot, who had been a FL director since 1993,
Deuter Appoints New Bike Sales Manager
Deuter announced that Rich Murray has been appointed Bike Sales Manager for the U.S. market. Murray will now be responsible for all aspects of Deuter’s domestic bike accessory, packs and hydration sales. He begins the job with a strong mandate to provide
Dolphin Increases JOUT offer to $21.75 per Share
Dolphin Limited Partnership I, L.P., a Stamford, CT based private investment partnership and an affiliate which holds approximately 300,000 shares, or 4%, of the Class A common stock of Johnson Outdoors Inc. sent the following letter to the “independent”
Pacific Sunwear to See Less Impact from Lease Accounting Changes
Pacific Sunwear, in conjunction with the filing of its annual report on Form 10-K for the year ended Jan. 29, 2005, reduced the amount of its lease accounting corrections announced in its earlier reports. The final lease accounting changes reflected in th
SGMA Sees Bowling as the Top Participation Sport in U.S.
Fitness is the focus for millions of Americans. That’s the dominant theme of sports participation in the United States – as 14 of the top 30 sports/activity categories are fitness-related. That’s the conclusion of SGMA International’s analysis of the Spor
The Any Mountain Saga Continues…
A local Marin County paper recently ran a story about the hurdles that Any Mountain, the regional outdoor retail chain based in Marin County, Calif. that filed for bankruptcy late last year, has had to overcome in recent years. In the article, Bud Hoffma
Icebreaker Looks to be Mulesing Free…
Last week BOSS reported on SmartWool’s actions to put a stop to the practice of mulesing on New Zealand Merino wool farms (see BOSS_0514). BOSS also noted that Icebreaker works closely with New Zealand’s Merino Farmers as well, but the company’s CEO, Jere
Big 5 Q1 Comps Up 1.7%; Will Fight Delisting Action by Nasdaq…
Big 5 Sporting Goods reported last week that same-store sales rose approximately 1.7% for the fiscal first quarter ended April 3, based on preliminary results.
Steven Miller, Big 5's chairman, president and CEO, said that the gain was achieved despit
