SGB Update Outdoor
B.O.S.S. Goes One-On-One with Scott Montgomery…
Scott Montgomery was recently appointed General Manager of Scott USA Bicycle and will lead the effort to bring Scott bicycles to the U.S. market from Europe. He was most recently VP of Marketing for Cannondale. Scott started his career at Cannondale worki
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
Volkl Apparel Hires New U.S. Reps
After launching their apparel line in the US for 04/05, Völkl Performance Ski Wear has added two reps in the West to help build their sales force to six for 05/06. Tracy Ross will cover the states of Alaska, Idaho, Montana, Oregon and Washington. Represen
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
Dick’s Acquires Galyan’s in $362mm Deal
Dick's Sporting Goods and Galyan's Trading Company have entered into a definitive agreement and plan of merger for Dick's to acquire all of the issued and outstanding stock of Galyan's. Under the terms of the agreement, Galyan's s
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
Backcountry.com Named Ernst and Young’s Utah Entrepreneurs of the Year
Amid the dressed up and glamorous setting of the Salt Palace Convention Center, members of the Salt Lake City business community singled out Backcountry.com co-founders Jim Holland and John Bresee as Ernst & Young’s Entrepreneurs of the Year for the Utah
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
Limited Brands Stake in Galyan’s to be Sold
As a part of the acquisition of Galyan's Trading Company, Inc. by Dick's Sporting Goods, Limited Brands' stake in Galyans will be sold at the transaction price of $16.75 per share. Limited Brands owns 3.9 million shares, or 22%, of Galyans
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
Reebok Looking to Pump Again as Holy Grail; Could Use Presence at Retail….
During Reebok Investor Day on June 17th, Reebok management revealed many new initiatives and products slated for debut over the next few months. Jay Margolis, President and COO began the festivities by noting that 2004 is “about the quality of the brand,
CSC USA Sees a Solid Ski Season for Colorado
At its annual meeting, Colorado Ski Country USA President and CEO Rob Perlman reported the state hosted more than 11.2 million skier visits this season as in-state enthusiasts showed their discernment for perfect weather patterns, destination skiers numbe
SCOTT USA Hires Addicott for Northern California Market
SCOTT USA has hired Eric Addicott to will spearhead the company’s move into the Northern California market. After graduating from UC Santa Barbara with majors in Economics and Psychology, Addicott managed a successful start-up athletic apparel store for
Three Form New ‘Western Team Dealers’ Group
Baum's Sporting Goods, Chick's Sporting Goods and Sportco Sporting Goods have joined together to form a new organization to be known as “Western Team Dealers” (WTD). The purpose of the organization will be to “enhance and
coordinate some of thei
