Smartwool Brings in Two New Employees and Inks New Distribution Deal
SmartWool had a busy month leading up to Summer OR, with new hires and new distribution expansions. Here's all the news in one release. Smartwool has hired Mark Bryden as Vice President of Operations and Supply Chain and Brad Johnson as Apparel Direc
Smartwool Goes Consumer Direct; Dedicates Portion of Proceeds to Outdoor Industry Advocacy
SmartWool will launch an e-commerce section on their consumer website, www.smartwool.com, beginning this autumn. SmartWool will dedicate a significant percentage of revenues from this site to fund a major advocacy initiative later this year that benefits
Ryan Clark is New VP of Sales and Marketing at Ground
Tucker Hacking, president and CEO of Ground llc, announced late Tuesday the appointment of Ryan Clark as the Vice President of Sales and Marketing. Ryan will be responsible for the development and implementation of brand initiatives while over seeing the
Axis Outdoor Gets the Ball Rolling
Axis Outdoor has finalized it's sales force, covering all of North America and hired Allan Slade as Sales and Marketing Manager. Additionally, the distributor has picked up the 2003 ISPO new product innovator award winning 'Dryzone' product
Brownlee Appointed Director of Sales – Apparel at Columbia
Beth Brownlee has been promoted to Director of Sales – Apparel at Columbia Sportswear. Beth has been with Columbia since 1998 as a Regional Sales Manager. She has a strong background in sales including her work with Asics, Hind and running her own sales
Nike Establishes New Value Market Strategy…
Nike, Inc. has played another hand as it develops its brand segmentation strategy to penetrate all levels of the retail market. With the $43 million deal to acquire Official Starter Properties LLC and Official Starter LLC and its Starter, Team Starter an
Huffy 2003 Loss to Widen; Will See $70 mm Q1 Loss…
Huffy Corporation announced late Friday that $3.5 to $5.0 million in accounting entries, related primarily to customer deductions, credits and reserves for inventory valuation and doubtful account receivables for the former Gen-X Sports business, should h
Shoe Carnival Shrugs Off Weaker Comps to Strong Bottom Line Gain in Q2…
Shoe Carnival reported weak comps for the second quarter, but met the Street’s expectation on the bottom line, generating a 25% increase in EPS over 2003. CEO Mark Lemond said they saw a “difficult sales pattern” in the second quarter, but were able to “
Bell Sports Merged with Riddell Sports in $240 Million Deal…
Fenway Partners, Inc., the private equity firm that owns Riddell Sports Group, has acquired Bell Sports and its Bell and Giro helmet brands in a $240 million deal with current Bell Sports owners Chartwell Investments Inc., GarMark Partners LP and Wachovia
Amer Group Q2 Results Hurt by Income Tax Expense, Tobacco Business Exit……
Amer Group still expects to be the number one sports equipment company in the world, but may have slipped in the second quarter in their drive to achieve that goal. Total company net sales in Q2 were impacted by the company’s withdrawal from the tobacco
True Temper Hurt as Retail Weakness Runs up the Supply Chain…
True Temper Sports, Inc. reported net sales for the second quarter decreased to $25.3 million from $32.5 million during the second quarter of 2003. Net income for the second quarter decreased to $1.7 million from $3.8 million in the second quarter of last
Head NV Sees Tax Hit Hurt Q2 Profits…
Head N.V. saw their bottom line take a major hit in the second quarter, as a $20.6 million (€17 mm) income tax expense drove the net loss for the period up 245%, or up 225% when measured in the company’s native Euro currency..
Pacific Sunwear Gets Product Mix in Line with Trends; Q2 Net Jumps 47%…
Pacific Sunwear finally feels they are getting a handle on the merchandising assortment in their d.e.m.o. stores to address the shift to wovens and preppy wear and away from the usual gangsta wear that had dominated the urban-influenced mall retail chain.
Collegiate Pacific Outlines Team Deals…
Collegiate Pacific revealed in SEC filings last week that the acquisition of Kesslers Sport Shop in April of this year was valued at $13.75 million, consisting of $6.5 million in cash and 906,250 shares of BOO common stock valued at $7.25 million…
Outdoor Retailer to Stay Put in Salt Lake City…
Well, we survived another one. Another Summer Market that had too many things to see and too little time to see them. But once again, The B.O.S.S. Report pulled off a marathon adventure at Outdoor Retailer, emerging with the impression once again that o