Cybex Lands Lower Cost Financing
Cybex has received a commitment from GMAC Commercial Finance to provide a term facility of up to $13,000,000, the proceeds of which will be used to repay higher cost real estate and term loans. If and when completed, the GMAC commitment to finance is expe
Outdoor Research Hires New Canadian Sales Manager and Rep
Outdoor Research has hired Maurice Brenninkmeijer as the Sales Manager for Canada, coordinating the sales efforts for both OR and Exped. The company has also hired Louis-Julien Roy as their sales representative for Saskatchewan, Alberta and Eastern Britis
Russell Files For Sale of Securities
Russell Corporation has filed a universal shelf registration statement with the SEC, which will allow the Company to sell up to $250 million of securities. The Company does not have immediate plans for an offering under this shelf registration statement.
Majestic and Outdoor Cap Ink Team MLB Deals
Major League Baseball Properties has reached new five-year licensing agreements for Team MLB, the exclusive new line of Major League Baseball branded institutional baseball uniforms, with Majestic Athletic, Ltd. and Outdoor Cap Co.
The new deal was announ
EK is Showing Strong Sell Through
Over the last 6 months, Logan, Utah based EK Ekcessories has been hearing quite a few success stories at retail. Sunglass Hut recently placed the new 3-Way Eyewear Retainer in all 2500 locations. TSA has selected EK Ekcessories as the exclusive supplier f
Cutter and Buck is Solidly Back on Track in Fiscal Q4
Cutter & Buck fourth quarter results showed a 5.8% increase in net sales from $36.3 million last year to $38.4 million in 2004. The company also celebrated a very solid return to profitability for the quarter, posting a net income of $5.6 million, or 49 c
The OIA Supports the Americans Outdoors Act
The OIA, representing the interests of over 4,000 businesses and the $18 billon outdoor industry, supports the introduction of the Americans Outdoors Act which will establish a trust fund providing $1.425 billion in annual funding to encourage physical ac
Nordica USA Hires Matt Knittleas N.A. Race Service and Sales Manager.
Nordica USA has hired former UVM ski ace Matt Knittle to the Nordica Race Department on Monday. Knittle will assume the position of North American Race Service and Sales Manager. He will be responsible for the service of Nordica’s growing stable of Nation
Collegiate Pacific Makes FSB ‘Top 100’ List
FORTUNE Small Business Magazine has named Collegiate Pacific to its 2004 list of America's Fastest Growing Small Companies. Coming in at number 24 on the FSB 100 list; it was the highest ranking sporting goods company on the 2004 list. The criteria f
West Marine Wins VICS Award
West Marine recently was recognized by the Voluntary Interindustry Commerce Standards Association for excellence in integrating the company's collaborative, planning, forecasting and replenishment operations. West Marine is primarily responsible for
Tom Shine Gets Home Detention in JFF Case
Thomas Shine, former President of now-defunct Logo Athletic, Inc. and SVP of sports and entertainment marketing worldwide for Reebok International Ltd., was sentenced on Thursday in the ongoing fraud case involving Just for Feet. Shine was sentenced by U
Nike Hits $12 Billion Mark in Fiscal 2004; Futures Up 10.7%
NIKE, Inc. reported revenues for the fiscal fourth quarter ended May 31 increased 17% to $3.5 billion, versus $3.0 billion for the same period last year. Seven percentage points of this growth were the result of changes in currency exchange rates. Fourth
Finish Line Q1 Net Up 54% on 14% Comp Sales Gain
The Finish Line, Inc. reported that net sales for the fiscal first quarter ended May 29 increased 24% to $258.0 million compared to $207.8 million reported for the year-ago period. Comparable store net sales increased 14% for Q1 on top of a 14% increase r
Descente N.A. Relocates
Descente North America will relocate their American headquarters from Englewood, Colorado to Ogden, Utah. The search for a new location began in 2003, after Descente management recognized the need for the company to be closer to venues that fuel its exist
REI Signs Lease for New Pittsburgh Store
REI has signed a lease with the Soffer Organization for a 27,000 square-foot store in the Southside Works, located on Pittsburgh's south side on the Monongahela River. Southside Works is a 34-acre, urban mixed-use, brownfield redevelopment. The REI s
