SGB Update Outdoor
Deckers Gets Some Nice Oomph! from UGG to Blow Away Q4 Street Estimates…
Deckers trounced every Wall Street forecast for the fourth quarter, due in most part to greater-than-expected deliveries in December, a very strong showing from its UGG brand, higher direct Internet sales, and less close-out business. The company posted
This Mailman’s Looking for His Pension…
The Los Angeles Times is reporting that Karl Malone has brought a suit against Dada Footwear claiming the Los Angeles shoe maker failed to pay him the $65,000 he was owed from an endorsement contract…
Rebel Sports H1 Income Slips on Slight Sales Gain…
Rebel Sports, Australia’s largest sporting goods retailer, issued a preliminary sales report in January for the first half of 2004-05 (See SEW_0506). In the company’s more recent, fully audited first half financial release, Rebels Sports reported a 4.4% s
Billabong Sees H1 Profit Growth Outpace Sales Gains…
Billabong International, Ltd. saw net profit rise 73% from A$41 million ($28.2 mm) last year to A$70 million ($51.4 mm) for the first half of the 2004/05 fiscal year while EPS lifted 70% to 34 cents per share. Total sales rose 37% to A$419 million ($307.5
SGMA Committed to Fighting Some Bush Budget Cuts that Impact Our Industry…
As SGMA International struggles to shed its image as a Super Show-centric organization and works to redouble its efforts to service the needs of its membership, newly-minted SGMA president and CEO Tom Cove sees real opportunity to build upon his mission o
Brown Shoe Restates Earnings and Guidance After SEC Clarification
Brown Shoe Company, as a result of a clarification issued by the SEC on February 7, 2005 affecting many retail companies, will adjust its method of accounting for leases. Based on its preliminary assessment, the Company anticipates this adjustment, which
PacSun Issues Corrections Due to Lease Accounting
Pacific Sunwear announced that it will correct its accounting for leases after the company's review of the matter and after discussion by management and the Audit Committee of the Board of Directors of the company with Deloitte & Touche, LLP, its ind
Outdoor Industry Focuses on Sustainability…
Declining participation, the obesity epidemic, federal funding, consolidation… There seems to be no end to the list of issues that the Bicycle, Outdoor, and SnowSports industries must deal with. However, judging by the SRO crowd at the Environmental Sust
Head Sees Europe and Winter Sports Take Bigger Slice of Pie in Q4, Full Year 2004…
Head N.V. needed a weaker dollar to help post any significant increase in sales revenues for the year, a benefit that the Austria-based company will soon cease to realize as it moves to de-list its shares on the NYSE. The company has seen considerable ups
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
