SGB Update

Momentum Builds on OIA Political Moves

The OIA voiced its support for the Americans Outdoors Act that will be introduced to lawmakers this week. The act is designed to get more Americans outdoors and promote a healthy lifestyle by providing more opportunities to recreate. The Americans Outdoor

Vans Sees Settlement of VF Corp. Merger Suit

Vans, Inc. announced late Friday that it had entered into a settlement with the plaintiffs in the purported class action and derivative lawsuits filed against it, VF Corporation and certain current and former directors and officers of Vans in Orange Count

Scott USA Taps Tri-Marketing Group

Scott USA has secured the services of Tri-Marketing Group, Inc., as sales representatives for Scott Bicycles in the Texas, Arkansas, Louisiana, and Oklahoma territories. Tri-Marketing Group consists of Tim Goodwin of Dallas, Texas, Greg Allen of Austin,

K2 Prices Notes to Fund Acquisition

K2 Inc. has priced its private placement of $200.0 million in aggregate principal amount of senior notes due 2014. K2 intends to use the proceeds of the offering, along with other sources, to finance the previously announced acquisitions of three leading

VF Names Ganway VP-Customer Managment

VF Corporation has named Michael Gannaway as Vice President, Customer Management. In this newly-created position, Gannaway will be responsible for establishing cross-coalition strategies with key customers. Effective July 6, Gannaway will report to Mackey

Cabela’s Launches IPO at $20 per Share

Cabela's initial public offering of 7.8 million shares of common stock has been priced at $20.00 per share. Cabela's issued 6,250,000 primary shares of common stock, while selling stockholders offered the remaining 1,562,500 shares of common sto

FanBuzz Inks Deal With Chicago Bulls

The Chicago Bulls have entered into an e-commerce agreement with FanBuzz, a leading provider of commerce solutions to licensed sports, entertainment, character, and media-based properties. As part of the agreement, FanBuzz will provide Web site developmen

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