SGB Update Outdoor
Cabela’s to Open Colorado Store
Cabela's Incorporated is in negotiations with Coors Brewing Company to build a massive 200,000-square-foot store in Wheat Ridge, Colorado, and plans to have it open for business by mid-2006. The store, to be built as part of a development along I-70,
Columbia Appoints Europe GM and Sorel President
Columbia Sportswear Company announced changes in its management staff. Paul Gils has been appointed General Manager Europe and Mike Prendergast has been promoted to President Sorel Division. Gils joins Columbia following a ten year career with Nike Europe
Big 5 Sees Q3 Net Income Jump 38% on 2.6% Comp Sales Gain
Big 5 Sporting Goods Corporation reported that net sales for the 2004 third quarter ended September 26 increased 6.8% to $195.8 million from $183.3 million in the third quarter of fiscal 2003. Same store sales increased 2.6% versus the same quarter last
Russell Appoints Matthias to Board
Rebecca Matthias has been named to the Russell Corporation board. Matthias is president and founder of Mothers Work, Inc., a publicly traded company that is the leading designer, manufacturer and marketer of maternity fashion in the U.S…
Thule AB Acquired by U.K. Buyout Firm
Thule AB will be acquired by Candover Investments, a U.K. buyout firm, from current owner EQT Partners AB, a Stockholm- based buyout firm backed by the billionaire Wallenberg family. Thule AB was acquired by EQT Scandinavia II in 1999. The deal is repor
White Sierra Expands Presence at Specialty and Expands Staff
Officials from White Sierra are pleased to announce that over 40 new specialty accounts have joined its base of dealers nationwide. This is in addition to the over 70 that joined for the fall 2004 season…
American Skiing Compnay Cuts 2004 Net Loss in Half
American Skiing Company reported significant improvement from ongoing operations. It credited record financial results from its western resorts and effective costs control measures which mitigated adverse weather conditions at its eastern resorts. This an
Skechers Swings to Q3 Profit on 16% Sales Increase
Skechers USA, Inc. reported that net sales for the third quarter of 2004 rose 16.2% to $257.7 million compared to $221.8 million in the third quarter of 2003. Net earnings for the quarter were $6.0 million, or 15 cents per diluted share, versus a net loss
Bell Sports Inks Tony Hawk to Helmet Deal
Bell Sports has signed skateboard champion Tony Hawk to the company's roster of premier athletes wearing Bell helmets. Hawk will wear the Bell Faction helmet in 2004 and is working with Bell to design a signature line for 2005. Hawk is a six-time X G
Bravo Completes Variflex Acquisition
Variflex, Inc. and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, announced that Bravo Sports has completed the acquisition
Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…
Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl
Judge Allows Suit Against Cabela’s…
A state District Court judge in Texas last week ruled that a taxpayers group may proceed with a lawsuit challenging Fort Worth's tax incentive package for Cabela’s, Inc. The Fort Worth Citizens for Responsible Government filed suit in September, cha
Billabong Ups Fiscal 2005 Outlook; Snags SoCal Retail Chain…
Billabong International has raised its profit guidance for the fiscal year ended June 30, 2005. The company now expects profit growth to reach 30% for the current year, up 50% from its initial estimate of 20% growth, saying it was “unduly conservative”.
VF Outdoor Coalition Finds Balance in Q3 Growth…
If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarre world where VF Corporation, which relied on selling jeans to the value market and intimate
Unifi Looks East for Growth; Will Reduce Acquired Invista Plant to Two Lines…
Unifi has been cutting costs and SG&A expenses through a series of lay-offs and abandoning unprofitable businesses to post its second straight quarter with an operating profit. UFI also cut its fiscal Q1 net loss in half to $1.3 million compared to a loss
