SGB Update Outdoor
Knight to Sell 5.7 million Nike Shares
Philip H. Knight, co-founder and Chairman of the Board, converted 5,700,000 shares of Nike Class A Common Stock on January 12, 2005 to the same number of shares of Class B stock. Knight also entered into a pre-arranged sales plan for the 5,700,000 million
Cloudveil Acquired by Fila Brand Parent…
Sport Brands International, the parent company to Fila footwear and apparel, finalized a deal with Cloudveil that has been several months in the making. Cloudveil Mountain Works, Inc. is now a division of SBI with all Cloudveil management, customer servi
December Retail Sales Much Healthier Than Early Indications…
A U.S. Commerce Department report of December retail sales in the GAFS category, which includes most general merchandise categories, jumped 6.4% over the previous year. Combined, November and December brought holiday sales growth to 5.7%, the strongest gr
Lafuma Completes Broomfield Move…
Last month, BOSS reported that Lafuma N.A. was in the process of moving all operations to a new HQ in Broomfield, CO, and recently, the company announced that the move to the 15,000 square foot facility has been completed. According to the company, the ne
Vital Apparel Group Acquires ProMarX…
Vital Apparel Group has reached agreement to purchase the assets of ProMarX Specialties USA, a girls’ sports accessory company. The ProMarX accessory line will become Vital Accessories and be marketed along with the Vital Team girls’ and women’s apparel l
Karhu Changes Canadian Distribution; Grows OR Presence…
Trak Sports USA, the parent company to Karhu USA and Line Skis, has inked a deal with F3 Distribution to sell and market its brands in the Canadian market. For 30 years Trak Sports has been doing business directly with retailers Canada, but according to t
SnowSports Retail Remains Flat; Chain Stores Lead the Way…
With an estimated 30% of retail sales for the season accounted for, trends are emerging in the SnowSports market which, historically, will continue through the remainder of the season. SnowSports retail sales slowed down slightly in the month of November,
ICON Falls into the Red in Fiscal Q2…
ICON’s sales decline was precipitated by the discontinuation of ICON’s “Jump King” business, a 22.7% decline in sales of strength training equipment, and an 8.1% drop in cardiovascular equipment. All the above, coupled with a sharp drop in margins pushed
Climb High Changes Company Name; Keeps the Brand Rolling…
Climb High, the U.S. distributor of Mammut, Raichle, Ajungilak and ToKo, will now operate in the U.S. market as the Mammut Sports Group. Climb High was acquired by Mammut over four years ago and the name change in the US market is an attempt to build a c
Keds Back in Positive Growth Mode; Stride Rite Swings to Q4 Profit…
The Stride Rite Corporation just got over the profit line in the fourth quarter, managing to pull out net income of just $51,000, or zero earnings per share. Still, it was a swing to profit from Q4 last year when SRR posted a net loss of $965,000, or two
Raleigh Turns Around UK Ops; EBITDA Nearly Triples
Raleigh Cycle Limited announced that its financial results for the year ended September 2004 show a significant turnaround in performance. Revenues grew 10% from $259 million in 2003 to $285 million in 2004. 7.3% increase in cycle units sold. The company
Oakley Partnering with Motorola on New Communication Technology
Motorola, Inc. and Oakley, Inc. have announced a joint venture to introduce new Bluetooth-enabled wearable wireless communications devices. Motorola is collaborating with Oakley to fuse Motorola's latest Bluetooth technology with Oakley's advan
NSP Hires Spialek as Educations Director
The National Ski Patrol has hired Bill Spialek as the education director for the organization. In his new role, Spialek will be responsible for the development, management, and supervision of all of the NSP’s educational programs. He will serve as an educ
Gander Mountain Revises Outlook for Fiscal 2004
Gander Mountain lowered its outlook for pretax income for fiscal 2004 to a range of $2.0 million to $4.0 million, compared with the company's prior guidance of $8 million to $13 million. The company also said that it expects comparable store sales fo
Nautilus Responds to Icon’s Press Release
The Nautilus Group, Inc. on Friday responded to the January 13 press release issued by Icon Health and Fitness regarding a legal case involving it and The Nautilus Group in Salt Lake City, Utah. In order to correct certain misleading and inaccurate statem
