SGB Update Outdoor
Russell Corporation Dips Toe Deeper into Specialty Channel with Brooks Deal…
After months of speculation about the pending sale of three more athletic footwear companies, it is Brook Sports that has made the first move, with parent JH Whitney inking an agreement last week to sell the company to Russell Corporation in a deal worth
Industry Starts to Settle Down After MandA Binge…
Industry vendors looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line. Benefits from foreign exchange rates also push
B.O.S.S. Has an Eye On… Backcountry.com
In the mid 90’s during the height of the dot com bubble, John Bresee and Jim Holland worked together running internet sites for other companies and publishing a ski resort newspaper in Snowbird, Utah. The pair wanted to launch a core retail shop catering
Veltec Launches SnowSports Division
Veltec Sports is bringing their expertise and marketing horsepower to the slopes this winter. Veltec’s new Snow Sports Division will make its official debut at January’s SIA Show, showcasing the latest helmets, goggles and eyewear from Briko, energy nutri
Sport-Haley to Look at Strategic Alternatives
Sport-Haley, Inc. has engaged the investment banking firm of Caymus Partners LLC to assist the Company in exploring potential strategic alternatives to maximize shareholder value. It is not known at this time whether any transaction will result from explo
Fox River Inks Deal with WEDALI
Fox River has inked a sponsorship deal with the WEDALI (We Eat Dust…And Like It) Adventure Racing Team. Justin Bakken, Scott Lund, Paul Bronkhorst, Ellen Farseth and Scott Erlandson (all with ties to the Midwest) make up the team and recently placed 6th i
K2 Consolidates Paintball Unit
Two of K2's paintball brands, JT USA and Worr Game Products will consolidate their two operations and operate under the direction of Bud Orr, President. In a move to ensure the efficient operation of the two businesses, and serve the customer base,
adidas Sees 2004 as Most Successful Football Year
adidas expects to “once again achieve new record sales in football” in 2004, accoriding to comments made by Herbert Hainer, CEO of adidas-Salomon AG. More than 1.3 million replica jerseys, over 1.6 million UEFA EURO 2004™ licensed products and more than
PSIA, AASI, and NSP Celebrate Ten Years with Subaru
2004 was a milestone year in the ten-year partnership between the Professional Ski Instructors of America, the American Association of Snowboard Instructors, the National Ski Patrol, and Subaru of America. In September 2004, vehicle number 5,000 was sold
TSI Files Chapter 11; Perry Ellis Will Acquire Company
Tropical Sportswear Int'l Corporation has filed for voluntary Chapter 11 bankruptcy protection and entered into an asset purchase agreement with Perry Ellis International, Inc., to be acquired pursuant to section 363 of the U.S. Bankruptcy Code. Und
Reebok Signs Urban Skateboarder; Will Launch Skate Line
Known in skate circles as one of the greatest street skateboarders of all time, Stevie Williams is the newest member of the Rbk family. Broadening the brand's reach into the skate culture most heavily prevalent on the West Coast, the multi-year partn
K2 Snowboarding Sponsors MGT Snowboard Camp
K2 Snowboarding has finalized a deal making it the presenting sponsorship of MGT Snowboard Camp. Catering to female shredders, MGT is based out of Western Canada, with camps offered in British Columbia and Alberta throughout the winter and summer seasons.
Quiksilver Sales Surpass Billion Dollar Mark in Fiscal Year
Quiksilver, Inc.reported that consolidated revenues for the fourth quarter of fiscal 2004 ended October 31, 2004 increased 30% to $350.3 million as compared to fiscal 2003 fourth quarter consolidated revenues of $269.2 million. Consolidated net income inc
New Brands and New Channels in Q4 Bring Ashworth Revenue up 49.3%
Ashworth, for the fourth quarter ended October 31, 2004,
reported that consolidated net revenue increased 49.3% to a record $48.3 million as compared to $32.3 million for the fourth quarter of fiscal 2003. Consolidated fourth quarter net income increased
Rocky Receives Financing Commitment for EJ Acquisition
Rocky Shoes & Boots has received financing commitments, subject to customary closing conditions from GMAC Commercial Finance LLC and American Capital Strategies, Ltd for credit facilities totaling $148 million. The new credit facilities will be used to fu