SGB Update

Dragon Taps Bell for Motocross Sales Manager

Dragon optics has hired Mike Bell as the new Motocross national sales manager where he will head up all power sports sales. With a vast knowledge of the motocross world, Mike comes to Dragon with not only an amazing sports career, but an extensive history

Genesco Gets Nice Retail Gains in Q1…

Genesco Inc. got a nicely balanced quarter across its divisions in the first quarter ended April 30 as total net sales increased approximately 26.5% to $286 million for the period, compared to $226 million last year.
Same-store sales at the company’s Jour

OIA Applaude Senators Alexander and Landrieu

Outdoor Industry Association applauds Senator Alexander of Tennessee and Senator Landrieu of Louisiana for their tireless support of close to home recreation opportunities for all Americans with the reintroduction of the Americans Outdoors Act today in Wa

PETA Drags Outdoor Brands into Merino Mulesing Fight…

The animal rights group, PETA, has been dragging outdoor companies into an Australian Merino wool boycott, apparently without notifying the companies. In a series of separate announcements, PETA stated that Timberland and Smartwool had joined their fight

Orange 21 Sees Sales Jump 32%, But Income Still Red

Orange 21 Inc. announced net sales for the first quarter ended March 31, 2005 were $8.5 million compared to $6.4 million in the first quarter of 2004, an increase of 32%. The net loss for the first quarter of 2005 was approximately $495,000 versus a net l

OIA Not Happy with U.S. House Action on LWCF…

The House Appropriations Committee voted to eliminate funding for the Land and Water Conservation Fund in the proposed 2006 budget. Since LWCF was created by Congress 40 years ago, the program has funded 40,000 parks in 98% of the counties in the nation.

Speedo Brand Sales Decline Drags Down Warnaco Q1 Swim Results…

Warnaco reported that its Swimwear Group, which includes Speedo, Ocean Pacificm and a number of designer brands, held back total company consolidated growth for the first quarter as sales in the division rose just 1.4% for the period to $157.4 million, co

Sport Chalet Announces Effects of SEC Clarification

Sport Chalet, Inc. announced that, as a result of a clarification issued by the SEC on February 7, 2005 affecting many retail companies, the company has reviewed and corrected its lease accounting practices. The effect on the company's previously rel

Vail Susbsidiary to Sell Vail Marriot Mountain Resort and Spa

Vail Resorts, Inc. announced that one of its subsidiary companies has entered into a contract to sell the Vail Marriott Mountain Resort & Spa for $62.0 million to DiamondRock Hospitality Limited Partnership. The transaction price indicates a total value f

Lafuma Buys 63.55% Stake in Oxbow…

Last week, BOSS reported that Lafuma and Oxbow shares were suspended from trading on the Paris stock exchange pending merger negotiations (See BOSS_0519). This week, the Lafuma Group signed an agreement with Teahupoo, an investment fund acting on behalf o

Pacific Sunwear Q1 Growth Stymied by Weather, Shift in Trends…

Pacific Sunwear saw some key categories at its PacSun stores go negative or slow down in April, impacting same-store and total sales for the first quarter, while the company continues to chase the trends at both of its nameplates as fashion trends shift a

Mossimo Q1 Income Up 50% on 40% Sales Jump

Mossimo, Inc. reported total net revenues for the first quarter ended March 31, 2005 of $8.7 million, an increase of 40.3% compared to $6.2 million for the same period last year. The company reported first quarter net earnings rose 50% to $1.8 million com