SGB Update Outdoor

Magic Johnson to Put Name on Product Again

Earvin “Magic Johnson” has reportedly partnered with BASH Sports, LLC in Irvine, CA to launch a new line of basketball footwear and apparel bearing the name Magic32. Johnson's signature line, which is expected to start delivery for Holiday '04

Shanley and Team Leave Wells Fargo for SIG

John J. Shanley is leaving Wells Fargo Securities to join Susquehanna International Group, LLP. SIG said Shanley will join its sell-side research team, covering athletic footwear and apparel. Mr. Shanley brings more than twenty years of experience in the

Yue Yuen and Luen Thai in Apparel Joint Venture

Two industry giants, Yue Yuen Industrial (Holdings)
Limited and Luen Thai Holdings Limited , have formed a strategic alliance with the objective to “explore the promising sports apparel market”. The joint venture, Yuen Thai Industrial Co. Ltd, which is 5

Cabela’s to Open WVA Store In August

Cabela's is scheduled to open its second East coast store Thursday, August 12, 2004 near Wheeling, W.Va. The 175,000-square-foot retail store will feature an original 20-foot
bronze sculpture, museum-quality diorama, 30-foot Conservation Mountain, 55

Collegiate Pacific to Acquire Dixie Sporting Goods

Collegiate Pacific Inc. has executed a letter of intent to acquire Dixie Sporting Goods – the Nation's largest independent team sports distributor. Kesslers Team Sports – formerly the nation's largest independent team sports distributor – was a

Callaway Buried Under Titanium; Cuts Outlook…

Callaway Golf Company woke up to the reality last week that the market may have passed them by with their Big Bertha series of drivers and that the Top-Flite Golf Company contains some other landmines that will see it continue to be a drag on the bottom l

K2 Hits the Trifecta in Winter Sports and Outdoor Acquisitions…

In its latest acquisition moves, K2 Inc. has apparently accomplished three key objectives that are critical as the company’s strategy to become the strongest platform of sporting goods brands in the industry. While the deals last week to acquire Volkl Sp

New Phoenix Deal Should Boost Bottom Line…

Phoenix Footwear joined in on the acquisition frenzy last week, announcing that they had inked a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries. Phoenix wi

Nike Addresses Youth Inactivity…

At the HealthierUS Fitness Festival, Nike urged the U.S. education system to add P.E. classes taught by P.E. specialists for at least 30 minutes a day, five days a week, to all American schools. The company claimed that the current PE curriculum is outdat

Russell Acquires AAI in $13mm Deal…

Russell Corporation has inked a deal to acquire the assets of American Athletic, Inc. for $13 million. The move is seen as a nice fit with RML’s recently-acquired Spalding business and offers a complementary hardlines component to the inflatables business

adidas-Salomon Acquires Valley Apparel

adidas-Salomon AG has acquired Valley Apparel Company of Cedar Rapids, Iowa, a producer and distributor of collegiate and professional league apparel and accessories. Terms of the deal were not disclosed, but adidas-Salomon officials described it as “a m

Oxbow to Float Shares to Combat Quik…

TheDeal.com is reporting that French surfwear company Oxbox SA is expected to float an IPO to raise funds to help it combat Quiksilver’s rapid growth in Europe. The company is reportedly expected to raise €12 million to €15 million in the offering. The f

Yue Yuen Sees Margins Tighten in Q2; Athletic Continues to Shrink…

Yue Yuen continued to diversify and reduce its dependence on the U.S. athletic footwear market. The first half of fiscal 2004 proved to be solid for the Hong Kong based manufacturer, with total company sales increasing 1.3% to $1.26 billion from $1.24 bil