SGB Update

Volkl Apparel Hires New U.S. Reps

After launching their apparel line in the US for 04/05, Völkl Performance Ski Wear has added two reps in the West to help build their sales force to six for 05/06. Tracy Ross will cover the states of Alaska, Idaho, Montana, Oregon and Washington. Represen

Dick’s Acquires Galyan’s in $362mm Deal

Dick's Sporting Goods and Galyan's Trading Company have entered into a definitive agreement and plan of merger for Dick's to acquire all of the issued and outstanding stock of Galyan's. Under the terms of the agreement, Galyan's s

Limited Brands Stake in Galyan’s to be Sold

As a part of the acquisition of Galyan's Trading Company, Inc. by Dick's Sporting Goods, Limited Brands' stake in Galyans will be sold at the transaction price of $16.75 per share. Limited Brands owns 3.9 million shares, or 22%, of Galyans

CSC USA Sees a Solid Ski Season for Colorado

At its annual meeting, Colorado Ski Country USA President and CEO Rob Perlman reported the state hosted more than 11.2 million skier visits this season as in-state enthusiasts showed their discernment for perfect weather patterns, destination skiers numbe

SCOTT USA Hires Addicott for Northern California Market

SCOTT USA has hired Eric Addicott to will spearhead the company’s move into the Northern California market. After graduating from UC Santa Barbara with majors in Economics and Psychology, Addicott managed a successful start-up athletic apparel store for

adidas-Salomon Acquires Valley Apparel

adidas-Salomon AG has acquired Valley Apparel Company of Cedar Rapids, Iowa, a producer and distributor of collegiate and professional league apparel and accessories.
Valley specializes in serving small- to mid-size retailers, such as sporting goods store

Cragie Lands CEO Post at Church and Dwight

Church & Dwight Co., Inc. announced that James R. Craigie, former CEO of Spalding Sports, has been elected President, CEO and a member of the Board of Directors, effective July 6, 2004. He succeeds Robert A. Davies, III, who will continue as an active Cha

REI Plans to Open New California Store

REI announced plans to open a store in Encinitas, Calif., in November 2004. The 22,500 square-foot store, in Plaza at Encinitas Ranch will be about 20 miles north of the REI San Diego store opened in 1988. It will employ about 70 full- and part-time staff

Reebok to Close Hockey Company Acquisition

Reebok has acquired approximately 92% of the outstanding shares of The Hockey Company Holdings for C$21.25 in cash per share under the offer Reebok made last month. Reebok has obtained all regulatory approvals needed in order to consummate the acquisition

Three Form New ‘Western Team Dealers’ Group

Baum's Sporting Goods, Chick's Sporting Goods and Sportco Sporting Goods have joined together to form a new organization to be known as “Western Team Dealers” (WTD). The purpose of the organization will be to “enhance and
coordinate some of thei

Pony Doin’ it Doggie Style with New Snoop Deal

Pony International, a wholly owned subsidiary of GBMI, has inked an exclusive partnership with entertainment and pop cultural icon Snoop Dogg. The Snoop Dogg Collection by Pony called “The One and Only” will be a creative fusion of Snoop’s signature west

K2 to Add to Winter Portfolio with Three Acquisitions

K2, Inc. will acquire two ski brands and an outdoor brand in deals worth approximately $200 million plus debt assumption. Volkl Sports Holding AG, The Marker Group and Marmot Mountain Ltd. are expected to become wholly owned subsidiaries of K2 through tr

U.S. Postal Team will Become Discovery Channel Pro Cycling Team

Discovery Communications has signed a new global partnership to become the title sponsor of five- time Tour de France champion Lance Armstrong's U.S. Postal Service Pro Cycling Team, the only American team to have won the Tour de France. Beginning in

Miles Gaddy to cover New England for SCOTT USA

SCOTT USA has hired Miles Gaddy as its New England territory agent. He brings more than 25 years of sales and management experience to the Scott USA sales team. Having made the progression from mechanic, to bike shop manager, to inside sales representativ