SGB Update

Outgoing Colorado Senator to Launch Outdoor Gear Line…

U.S. Senator Ben Nighthorse Campbell (R-CO) will reportedly be licensing his name to an undisclosed company for a “Nighthorse” signature line of camping and outdoor gear. A report last week in a Colorado paper had Campbell, a Native American who is retir

Kelty Hires Two New England Reps

Kelty has hired Rob Walker and Greg Henderson as primary sales representatives in the New England region. Walker will handle northern New England from his base in North Conway, NH. Henderson will cover the southern region from Old Lyme, Conn. Both bring

SIA Retail Audit Sees Higher ASP at Chain Stores…

The SnowSports Industry launched into the 2004-05 season with solid pre-season sales fueled by good snowfall in the western states, particularly the Sierra. According to the SIA and The Leisure Trends Group, total industry sales increased 3.0% to $323.3 m

Kiva Inks Licensing Deal with Rick Steves

Kiva Designs announced its expanded relationship with Rick Steves, America's best selling travel author and host of public television's “Rick Steves' Europe”. The exclusive vendor of Rick's travel bags for the past several years, KIVA

Malden Union Inks Three-Year Contract Deal…

After rejecting Malden Mills “best and final” contract offer last week, the UNITE HERE workers union has voted to accept a new three year contract. The union, which represents roughly 70% of Malden’s workforce, threatened to strike last week because membe

Kent Fried Joins Atomic SBU

Atomic Ski proudly announces the addition of Kent Fried to its Small Business Unit (SBU). Fried replaces Taras Popel as Territory Business Manager. Fried joins a multi-faceted SBU team that focuses on providing stronger staff training, better inventory ma

Nikwax Receives Picks Up Honors at U.K. Event…

Nikwax recently received one of the U.K.’s top awards for business, The Queen’s Award for Export Achievement, and was also recently given the International Business award for Language. Both honors speak to the diversity of culture within the company and t

Mountain Hardwear Makes Management Appointments

Mountain Hardwear Inc. has named Ted Ganio product manager of outerwear and Ulrike Kupfer has been appointed European marketing manager for the company. Prior to joining Mountain Hardwear, Ganio was the vice president of operations at Adventure Medical Ki

Walden Kayaks Shutters Operations…

Walden Kayaks was informed on November 24th that Banknorth, the company’s principal source of financing, was unable to continue financing and the company would be forced to shut down by 5:00 on the same day. Walden Kayaks President, Jeffrey DeSantis, is h

HEAD/Penn Names New DSM to Replace Retring Nihiser

After 42 years in the sporting goods industry, Ohio-based District Sales Manager (DSM) Bud Nihiser will say goodbye to HEAD/Penn as he transitions into retirement. Nihiser will officially hang up his hat December 31, 2004. Steve Rothstein will be the DS

Lafuma Profits Outpace Sales; Looks at Acquisitions…

The Lafuma Group ended fiscal 2004 with solid sales and profit growth, and a large improvement to the company’s debt-to-equity ratio. Fiscal year sales increased 2.0% to €179.9 million ($219.0 mm) compared to €176.4 million ($191.2 mm). Net profit outpace

Sally McCoy Launches Financial Consulting Firm

Twenty-year outdoor industry professional Sally McCoy has launched a new financial advisory services firm, Silver Steep Partners, LLC. The specialty firm is the first of its kind, providing strategic and financial advice to the specialty outdoor and spor

Bain Capital Could See 200% Return on Jack Wolfskin…

Bloomberg is reporting that Bain Capital LLC, a Boston-based private equity firm may be ready to sell Jack Wolfskin after owning the company for only two years. Bain acquired German outdoor apparel and equipment manufacturer from Johnson Outdoors in 2002

NRF: November Retail Sales on Track to Hit Holiday Forecast

Following two strong months of retail sales, consumers headed to the stores again in November to take advantage of holiday promotions. According to the National Retail Federation, November retail sales in the GAFS category, which includes most general mer

EPA Reportedly Censororing Opposition to Roadless Rule Changes…

The watchdog group Public Employees for Environmental Responsibility (PEER) is reporting that the EPA is censoring public comments and warnings of its professional staff in its reports on the changes to the Clinton-era roadless rule. The EPA allegedly del