SGB Update Outdoor
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
Nike Fiscal Q2 Net Up 46%; U.S. Futures Increase 10%
NIKE, Inc. reported second quarter revenues increased 11% to $3.1 billion, versus $2.8 billion for the same period last year. Second quarter net income totaled $261.9 million, or 97 cents per diluted share, compared to $179.1 million, or 66 cents per dilu
Sales Reps Needed — Lotto USA
LOTTO Footwear and Apparel is seeking experienced and proven territory sales representatives who have strong account relationships within the tennis industry. Opportunities available in Washington, Oregon, Idaho- Arizona, New Mexico, Nevada- Northe
Callaway Commences Search for New CEO
Callaway Golf Company is beginning the search process for a Chief Executive Officer to whom current CEO William C. Baker can ultimately turn over management responsibilities. Mr. Baker, who was appointed to the CEO position on August 2, 2004, will lead th
WSA Appoints Director for Retail Relations
The World Shoe Association, producers of the largest footwear trade shows in The Americas, announced the appointment of Leslie Gallin as director of Retail Relations and The Collections at WSA, an upscale exhibition highlighting luxury and designer brands
SIA Retail Audit Sees Higher ASP at Chain Stores…
The SnowSports Industry launched into the 2004-05 season with solid pre-season sales fueled by good snowfall in the western states, particularly the Sierra. According to the SIA and The Leisure Trends Group, total industry sales increased 3.0% to $323.3 m
Malden Union Inks Three-Year Contract Deal…
After rejecting Malden Mills “best and final” contract offer last week, the UNITE HERE workers union has voted to accept a new three year contract. The union, which represents roughly 70% of Malden’s workforce, threatened to strike last week because membe
Nikwax Receives Picks Up Honors at U.K. Event…
Nikwax recently received one of the U.K.’s top awards for business, The Queen’s Award for Export Achievement, and was also recently given the International Business award for Language. Both honors speak to the diversity of culture within the company and t
EPA Reportedly Censororing Opposition to Roadless Rule Changes…
The watchdog group Public Employees for Environmental Responsibility (PEER) is reporting that the EPA is censoring public comments and warnings of its professional staff in its reports on the changes to the Clinton-era roadless rule. The EPA allegedly del
American Skiing Company: Early Indicators Look Good…
The American Skiing Company, parent company to Sugarloaf USA, Killington, The Canyons, and several other ski resorts, reported a strong start to fiscal 2005. First fiscal quarter revenues increased 5.8% to 19.5 million compared to 18.5 million last year.
