Mayfair Acquires Nearly 17% Stake in Puma AG
PUMA AG announced that “Mayfair Vermögensverwaltungsgesellschaft mbH” has acquired a total of 16.91% shareholding in PUMA AG Rudolf Dassler Sport. Of that total, 9.78% is still awaiting regulatory approval by the antitrust authorities. The shares were pur
Johnson Outdoors Q2 Outdoor Equipment Sales Suffer from Military Slowdown
Johnson Outdoors Inc. announced an increase in net sales and slightly lower net income for the fiscal quarter ended April 1, 2005. JOUT benefited from another strong performance by the Marine Electronics business unit and reduced operating losses in Wate
Lotto Forms New North American Subsidiary
Lotto Sport Italia has inked a partnership with The DCS Group, LLC to create Lotto North America, LLC. David Schulte, Managing Partner of The DCS Group, will serve as CEO of Lotto North America, while the company confirmed as creative director Mr. Come Ch
Sierra Magazine Takes Home a Maggie Award
Sierra magazine took home the award for the Best Special Theme Issue for a Consumer Publication for its March/April 2004 “Wild America” issue. Senior Editor Paul Rauber and Production Manager Chuck Baldwin were at the Western Publications Association'
Faytex Relocates Manufacturing to Guangdong, China
Faytex has relocated manufacturing facilities from Taiwan to the Guangdong province of China. Effective May 13th, all Faytex products will be in the hands of Tai Lee Textiles, Ltd. Faytex has a 27 year history of purveying fabric technology with customer
Lafuma and Oxbow Confirm Takeover Discussions…
With several rumors circulating, The Lafuma Group made an announcement putting much speculation to rest. Lafuma and Oxbow, the French Surf and Snowboard Company, are in takeover discussions. Shares for both groups have been suspended from trading until an
LWCF Receives Zero Funding in House…
The House of Representatives zeroed-out their version of the State Side Land and Water Conservation Fund in spite of some very productive meetings on Capital Hill during OIA’s annual Capital Summit. While it is a very disappointing development for many i
New Era Inks Licensing Deal with Hockey Hall of Fame
New Era Cap Co. has entered into an exclusive relationship with the Hockey Hall of Fame, located in Toronto, Ontario, Canada. The New Era and HHOF relationship engages New Era to be the exclusive licensee and supplier of the organizations’ headwear. The
QBP Recalls Dimension 130º Stems…
Quality Bicycle Products and the CPSC have recalled all Dimension-brand road and mountain thread-less bicycle stems with a 130 degree rise. The stems are black or silver and have the word “Dimension” painted on the extension. About 18,000 of the stems wer
SGMA Lobbies Congress with P.E.4Life
Children need P.E. to get fit. That was the basic message delivered by the membership of SGMA International to U. S. Senators and U. S. Congressmen in Washington, D.C. during the 5th Annual National P.E. Day. Two of the key meetings were held with the Spe
MSR Recalls SuperFuel…
Cascade Designs recently conducted an investigation into possible defects in MSR SuperFuel cans and concluded that the batch of SuperFuel from Lot #502-167 contains an undetermined number of defective cans that may leak fuel from either a defective seam o
Kellwood Names Saunders as New CIO
Michael Saunders has been named chief information officer of Kellwood Company, according to Hal J. Upbin, Kellwood chairman and chief executive officer. Saunders will provide the leadership and direction for Kellwood's information services and techno
Dorel Earnings Increase 40%; Pacific Cycle Sales Jump 30%
Driven by solid organic growth and new product introductions, Dorel reported a strong quarter of revenues and earnings. Revenues for the first quarter ended March 31, 2005 rose 19% to $465.6 million, compared to $391.1 million posted a year ago. Earnings
Nordic Fitness and Outdoor Converge at ISPO
When the international sporting goods industry convenes in Munich for ispo summer 05, they will see the continued growth in the relationship between outdoor business and Nordic fitness and a larger outdoor presence than in 2004.
ispo summer 05 will take p
Warnaco Income Jumps 45% on 12% Sales Gain
The Warnaco Group, Inc. reported results for the fiscal first quarter ended April 2, 2005, in which Net revenues rose 11.8% to $439.5 million from $393.3 million in the year-ago quarter. Net income saw major gains, jumping 45.1% to $29.4 million compared
