Specialized Forms Spanish Subsidiary
The Spanish bicycle and parts distributor, Dirt Racing, entered into a partnership with Specialized Bicycles to establish a new Specialized subsidiary, Specialized España S.L. The new company will be headquartered in Madrid and led by partner and Managing
Doug Martin launches Blue Room Sports
Doug Martin has formed Blue Room Sports, Inc., a marketing and communications company serving the cycling and sports’ industries. For Martin, who has held executive marketing and sports marketing management positions within the cycling industry for over
Zumiez June Comps Climb 10.7%
Zumiez total net sales for the five-week period ended July 2, 2005 increased 29.4% to $15.3 million, compared to $11.8 million for the five-week period ended July 3, 2004. The company's comparable store sales increased 10.7% for the past month, versu
West MArine Q2 Comps Fall 3.5% on Weakness in the North and West
West Marine net sales for the second quarter were $253.5 million, an increase of 0.4% from net sales of $252.6 million a year ago. Comparable store sales for the second quarter of 2005 decreased 3.5%, compared to a comparable store sales increase of 4.6%
Retek Parent Oracle to Acquire ProfitLogic
Oracle Corporation and ProfitLogic, Inc. have announced a definitive agreement for Oracle to acquire ProfitLogic, a privately held provider of Retail Profit Optimization solutions. ProfitLogic's software analyzes customer demand patterns to help reta
Huffy May Become Private, Chinese-Owned Company…
After nine months under Chapter 11 bankruptcy protection, Huffy Corp. last week provided some guidance on its plans for reorganization. HUF filed papers with the SEC pertaining to an “agreement in principle” between Huffy and a group of creditors includ
Nike Inc. Lays Out Opportunity for Global Multi-Brand Strategy…
After a rather tepid presentation of some arguably outstanding results on their earnings conference call on Monday (SEW_0526), Nike management on Tuesday took some of their biggest investors and some influential analysts through their detailed plans for t
Stride Rite Chalks Up Q2 Keds Decline to Repositioning; Hilfiger Continues Decline…
The Stride Rite Corporation got little help on the top line from most of its core brands for the fiscal second quarter ended June 3. But improving margins at Keds helped push total GM higher, nearly offsetting the increase in operating expenses for the pe
Recall: Nautilus Excercise Benches
Nautilus Inc., in cooperation with the U.S. Consumer Product Safety Commission has issued a voluntary repair recall of about 10,000 Nautilus NT 1020 Exercise Benches. The company is requesting that consumers stop using the exercise benches immediately an
OIF’s Participation Study Shows Positive Trends…
Over the past few years, the women’s specific market has been a driving force for much of the outdoor industry. On the Vendor side, companies like K2, Moving Comfort, Isis, and Sherpani all invested heavily in marketing and product development. According
Collegiate Pacific Acquires 53.2% of Sport Supply Group
Collegiate Pacific has acquired a majority stake, 53.2%, in Sport Supply Group, Inc (SSPY.PK) “SSG” from Emerson Radio of Parsippany, N.J. for $32 Million in cash. FY06 BOO consolidated EBITDA is expected to be approximately $15-$20 Million. Collegiate Pa
Quik Floats Notes to Fund Rossi Deal; Ex Salomon Chief to Take Rossi Reins…
Quiksilver, Inc. last week announced a plan to help fund its impending acquisition of Skis Rossignol S.A. Quik will float $350 million aggregate principal amount of senior notes due in 2015. The release stated that the private offering, which is subject
NGF: May Rounds Up 1.1%; YTD Down 1.6%
Same-store rounds played in the U.S. increased 1.1%, according to the National Golf Foundation. The NGF gathers its information from over 1,300 golf facilities nationwide. Despite the improved performance in May, rounds across the nation were down 1.6% t
Johnson Outdoors Minority Investor Goes Public Again with Demands…
Dolphin Limited Partnership I, L.P., a private investment partnership that together with an affiliate hold about 4% of Class A common stock of Johnson Outdoors Inc., has not gone quietly into that good night in their efforts to pressure the JOUT board and
G.I. Joes Partners with SelfService to Launch New On-Line Guide Portal
G.I. Joe’s has joined with SelfService Systems, Inc. in a partnership that will expand the use of the successful Team G.I. Joe’s certified fishing and hunting guide program through AdventuresExpress.com, a new online outdoor travel and gear sales portal..
