Arctic Edge Hires Pine as New VP-Sales and Marketing
Arctic Edge LLC, North American distributors of 66ºNORTH, has hired marketing executive Karim Pine as its Vice President of Sales and Marketing. Pine will help build and support key accounts and hire and manage the sales team. Karim Pine is the former pro
Eldorado Climbing Walls Hires Cook as GM
Eldorado Climbing Walls has hired Richard Cook as General Manager. Cook will operate as part of the management team supporting new and existing climbing wall clients and new business development worldwide. Eldorado has projects throughout the US, Caribbea
ACR Hires McDaniel as New Rep
ACR Electronics has named Robert McDaniel as an outdoors division product representative covering five states.
McDaniel, president of The McDaniel Agency, will cover Texas, Arkansas, Oklahoma, Louisiana and Kansas. McDaniel also represents several other
Apax Partners Acquires Spyder Active Sports
Funds advised by Apax Partners announced today the acquisition of Spyder Active Sports, Inc., the leading alpine outerwear brand, in a transaction valued at approximately $100 million. The company has partnered with Apax Partners to continue to expand its
Q2 Retail Warnings Do Damage Across the Board…
Earnings season quickly turned to warnings season last week as a couple of retailers sounded warning bells on second quarter performance based a few issues that should not come as much of a surprise to anyone…
Deckers Running on All Cylinders…
Deckers beat all analyst expectations in the second quarter of 2004, exceeding the upper end of previously issued guidance by roughly 17%, while diluted earnings per share were 26.5% above company expectations…
Callaway Cuts Club Prices in Move to Regain Share…
Callaway Golf Company pulled the trigger last week to defend its market share position in Woods, lowering prices on the category by an average of 24%, effective immediately. The move comes as the company attempts to clean out inventory in the category af
ASICS Opens the Books to Successes…
In uncharacteristic fashion, ASICS America Corp. last week reported that sales for the first half of 2004 increased 9.5% to $111.1 million versus the first half of 2003. Footwear sales outpaced total sales, increasing 11.2% for H1…
Oakley Sees H2 Backlog Gains While Q2 Earnings Suffer…
After revising its second quarter sales and income guidance downward the previous week (SEW_0429), Oakley reported last week that net income for the quarter fell 12.1% to $16.0 million, or 23 cents per diluted share, compared with $18.2 million, or 27 cen
Russell Acquires Huffy’s Backboard Biz…
In a story that probably would have been front page news a decade ago, Russell Corporation has purchased the assets of Huffy Sports Company, the division of Huffy Corp. that is primarily known for its basketball backboard business, but also does about 20%
Nautilus has High Hopes for Retail…
Nautilus second quarter sales were down slightly to $100.2 million compared to $100.6 million in Q2 last year. Net income during the period was down nearly 60% to $1.9 million, or six cents per diluted share, compared to $4.7 million, or 14 cents per dil
K2 Inc. Sees Mix of Organic and Acquired Growth in Q2; Europe Comes Together…
K2 continued its trend of double digit sales increases fueled by acquisitions and, with one exception, strong organic growth among its core brands…
VF Corp. Builds on Outdoor Coalition Success in Q2; TNF Management Promoted…
The acquisitions of Nautica, Vans, Kipling, and Napapiji added $126 million to the top line for VF Corporation, but it was another exceptional quarter for The North Face that helped establish the company’s Outdoor Coalition as the darling of the corporati
Timberland Continues Building Solid Global Business in Q2…
Timberland said its second quarter results reflected solid global growth in footwear, apparel, and accessories and continued progress in enhancing gross margins. The company acknowledged a tougher climate for outdoor-related product in the U.S. sporting
Acushnet Golf Sales Up 9.7% in Q2…
The Acushnet Company golf business, which includes the Footjoy, Cobra, Titleist, and Pinnacle brands, saw second quarter sales increase 9.7% to $407.9 million from $371.8 million in the year-ago period. Parent company Fortune Brands said the increase tha
