SGB Update Outdoor

Accell Acquires German Bike Parts Distributor

Accell Group N.V. has signed a letter of intent for the acquisition of Julius Holz GmbH & Co. KG in Munich, a firm trading in bicycles, bicycle parts and bicycle accessories. After the acquisition of Juncker B.V. and Van Buuren & Co. B.V. in The Netherlan

Scott USA Names New Senior Designer

SCOTT USA welcomes Jeremy “Jerms” Lanningham to the Art Department as a Senior Designer. With the addition of Jerms, the Art Department now consists of four key individuals committed to growing the Scott brand worldwide. Jerms will work closely with all

Deckers Inks Ugg Licensing Agreement with Fownes Brothers

Deckers Outdoor Corporation has entered into a license agreement with Fownes Brothers, Inc. for the sale of UGG Australia branded cold weather accessories in the United States. Under the terms of the agreement, Fownes Brothers, Inc. will design, manufactu

Vail Resorts Mtn. Revenue Grows 7.8% in FY 2004

Vail Resorts' Mountain revenue for the fiscal year ended July 31, 2004 was $500.4 million, a $36.3 million, or 7.8%, increase from $464.1 million for the comparable period last year. Mountain expense increased $2.5 million, or 0.7%, to $369.0 millio

Collegiate Pacific to Sees Shift in Kesslers Deal

Collegiate Pacific on Thursday stated that its shareholder equity will increase by $7.25 million due to a change in a guarantee provision in the comapny's acquisition of Kesslers Team Sports. The Dickman family – previous owners of Kessler Team Spor

Fenway Completes Merger of Bell and Riddell

Fenway Partners, Inc., a leading private equity firm with investments in the middle market, has announced that it has completed its acquisition of Bell Sports Corporation, combining it with Riddell Sports Group, which Fenway purchased in June of 2003. The

Billabong Acquires Palmers Surf Company; Enters Footwear Business

Billabong International Limited has acquired Kustom surf shoes as part of the purchase of Palmers Surf company. The transaction includes the purchase of the 15-year-old Palmers surf wax and surf accessories business, as well as the four-year-old Kustom s

Billabong International Appoints New CFO

Billabong International Limited has appointed Craig White as the company’s chief financial officer. Mr White is currently the division finance director, South Pacific and Korea Division, for The Coca-Cola Company. The appointment is effective from Novem

Full Speed Ahead Recalls Quick Release Sets

Full Speed Ahead, Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced the recall of roughly 1,375 sets of Full Speed Ahead (FSA) Scatto bicycle wheel quick releases. There have been 12 reports of the quick release mechani

Specialized Recalling Bikes with Faulty Handlebars

Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of Allez Sport, Allez Elite, Roubaix, and Sequoia Bicycles due to a handlebar problem. The handlebar may loosen and turn unexpect

The Finish Line May Be Building War Chest for Next Big Move…

The Finish Line saw net income jump 18.8% for the fiscal second quarter ended August 28, missing Wall Street expectations by two cents for the period while achieving their previous guidance. Analysts, however, shook off the miss as the retailer pointed t

Stride Rite Looks to “Triumph” with Keds Heritage…

The Stride Rite Corporation saw an increase in its Children’s, Sperry Top-Sider, and International businesses in the fiscal third quarter ended August 28, but continued sluggishness at the Keds and Tommy Hilfiger Footwear divisions kept the total revenue