Studies Show Participation Trends…
The participation reports from the NSGA and SGMA are hitting the streets and both organizations hit on some key points in the last week in a run up to the release of the full numbers. The NSGA developed an index by state to signify how likely it would be
The Sportsman’s Guide Works on Golf Game in TGW Acquisition…
The Sportsman's Guide is increasing its sales and earnings guidance for fiscal 2004 after announcing last week that it will acquire The Golf Warehouse, LLC and its tgw.com business from a private investment firm in an all-cash transaction valued at a
Murray to Take Vans Helm as VF Corp. Completes Acquisition…
VF Corporation completed its $396 million acquisition of Vans, Inc. last week and promptly announced the departure of the father-son team that has steered the course of the brand during the ups and downs of the skateboard trend. Chairman Walter Schoenfel
Yue Yuen Takes Stake in Luen Thai IPO…
Luen Thai, the Hong Kong based apparel manufacturer that recently announced a joint venture with Yue Yuen to focus on the global athletic apparel market, will float an IPO in efforts to raise approximately HK $680 million (US $72.2 million) to help fund n
Hi-Tec Re-Branding is Right on Track…
Hi-Tec Sports has brought former Ecco Global Marketing Director, Tony Linfor on board as their own Group Marketing Director. The move is the latest step in Hi-Tec’s global re-branding effort that has been met with much success in both Europe and in the U
K2 Closes Marmot and Funding Deals…
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd., which was valued at approximately $84 million plus the assumption of debt estimated to be in the $20 million to $24 million range…
Danner Lands Another Military Deal…
LaCrosse Footwear has taken a military order for $5.0 million for its Desert Acadia boot under the Danner brand. This is the second large military order the company has received in the last year. The last order, placed in December, totaled $4.9 million
Columbia Fight on Fakes Marches On…
Columbia is continuing its company-wide effort to stop counterfeit products from making their way to market with another raid of a group of factories in the cities of Jinjiang and Shishi, which are in the Fujian province in China. The company teamed up wi
Deckers Inks License Deal for Ugg Sportswear
Deckers Outdoor Corporation has entered into a license agreement with David Peyser Sportswear, Inc. for the sale of UGG Australia branded outerwear in the United States. Under the terms of the agreement, David Peyser Sportswear, Inc. will design, manufact
Danner Receives $5.0 Million Military Contract
LaCrosse Footwear's Danner subsidiary received a $5.0 million GSA delivery order to supply boots to the U.S. military. The order will be for the Company's Desert Acadia boot, which is specifically designed to perform in desert combat conditions.
Axcent Sports Adds New Reps
Axcent Sports, the exclusive supplier of Descente Cycle, Run, Triathlon and Fitness apparel in the USA and Canada has added key sales reps in important territories over the last several weeks in preparation for its Spring 2005 product launch. Chris Watson
Trek, Maverick, and Pacific Settle Their Dispute
Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino
K2 Closes Marmot Deal; Completes Financing Actions
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd. The purchase price was approximately $84 million plus the assumption of debt. Additionally, K2 announced that it has completed several financing transactions to support curre
Datta Picks Up Entrpreneur of Year Award
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…
Sears to Test Schwinn Exercise Bikes
The Nautilus Group, Inc. is teaming up with Sears, Roebuck and Co. to begin a test of its Schwinn Fitness brand of cardiovascular equipment at select Sears locations nationwide. Nautilus will test market certain of its Schwinn fitness exercise bikes in 3
