SGB Update Outdoor
OR will Distribute Exped
Outdoor Research has announced that effective January 1, 2005, they will be the exclusive Exped distributor for North America. This strategic business move will make available Exped's tents, sleeping bags and mats, along with OR's existing line
The Sporting Goods Industry is Well Positioned for a Record Year in 2004…
The industry continued its winning streak in the fourth quarter of 2003 as profit gains again outpaced sales growth despite the effects of integration and restructuring charges related to the record number of mergers and acquisitions last year…
OIA presents Friend of Outdoor Industry Awards
Outdoor Industry Association is presenting its Friend of the Outdoor Industry award to Senator Patty Murray today to honor her strong leadership on the Wild Sky Wilderness proposal and to Representative Sherwood Boehlert (R-NY) to honor his leadership in
CPSC Announces Recalls on Mountain Bikes, Air Hockey Tables
Pacific Cycle Inc., in cooperation with the U.S. Consumer Product Safety Commission, is recalling about 14,000 Mongoose mountain bicycles after receiving two reports that the frames of the Mongoose aluminum 20-inch wheel “D-XR AL” mountain bicycles broke,
Pacific Sunwear Gets Settlement in Copyright Case
Pacific Sunwear of California Inc. announced that the defendants in a copyright infringement action commenced by the company have agreed to settle the claims against them for the aggregate amount of $345,000. The defendants are required to destroy within
Brunswick Completes Acquistion of Boat Brands
Brunswick Corporation has completed its previously announced acquisition of the Crestliner, Lowe and Lund aluminum boat brands from Genmar Industries, Inc. for approximately $191 million in cash. The transaction also contains provisions for additional con
Genesco Completes Hat World Corporation Acquisition
Genesco Inc. has completed the acquisition of Hat World Corporation. The total purchase price for Hat World was $177.4 million in cash, including adjustments for $11.1 million of net cash acquired and for working capital and certain tax benefits, subject
Collegiate Pacific Closes Kesslers Team Sports Deal
Collegiate Pacific has closed the acquisition of Indiana-based Kesslers Team Sports, a profitable, $30 million revenue-based company specializing in the distribution of team sports products with a primary emphasis on name brand, team uniforms and apparel.
Kohl’s Realigns Merchant Executive Team
Kohl's Department Stores has outlined key initiatives of its strategic objective to realign its merchandise executive team. The company will move from two to three executive vice presidents-general merchandise managers, effective immediately. In add
Smith Hosts Dealer Summit
Smith Optics invited two groups of dealers to Sun Valley to participate in a week of feedback, input and fun. The first two days being host to Bike Specialty, Outdoor and General Sporting Goods and Resort retailers. The latter part of the week was held fo
TUBBS ‘Romp-to-Stomp’ Series Concludes; $66,000 Raised
For 2004 Tubbs Snowshoe Company expanded their successful Romp to Stomp Out Breast Cancer, Winter Walk Series and raised over $66,000 for four affiliates of the Susan G. Komen Breast Cancer Foundation to benefit breast cancer research, education, screenin
Tour De Georgia Shows Major Economic Benefits
In only the second year, officials with the Dodge Tour de Georgia project a $20 to $30 million boost to the Georgia economy. The value provided to its charitable beneficiary, the Georgia Cancer Coalition, is expected to surpass $2.5 million, doubling the
Confluence Hires New Reps
Confluence Watersports has hired Jared Noceti for the CA, NV, and AZ territory. Noceti will be assisting Confluence's Cathy Weil with the territory until the end of season, when Noceti will assume all territory responsibilities and Weil transitions
SIA.05 Sells Out in Record Time
SnowSports Industries America (SIA) has reported that the SIA.05 SnowSports Show is officially sold out. Over 321,000 square feet has been sold with over 360 exhibitors on tap to showcase more than 750 brands. SIA has already secured space contracts from
DSW Comps Lead Retail Ventures to 45% Q4 Profit Increase
Retail Ventures, Inc. announced its consolidated financial results for the fourth quarter ended January 31, 2004.
Net sales increased $41.7 million to $720.4 million from $678.8 million for the quarter, a 6.1% increase. Comparable store sales increased 2.
