The Wait is Over; Footaction Sale to Go Through
Footstar announced the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act in connection with its proposed sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to
High Gear Lands New Rocky Mtn. Reps
Clay Hardin, vice president of sales for HighGear, recently announced the appointment of Kim Miller and Jack Tackle as regional sales and marketing representatives for the company's Rocky Mountain territory. Veterans of the outdoor industry, both Mil
Kelwood Appoints New VP of Int’l Trade Services
Wendy Wieland Martin has been appointed Kellwood vice president international trade services, according to Tom Austin, president of Operating Services Division of
Kellwood. In this new post, Wieland-Martin, most recently director trade services for Kellwo
Gildan Q2 Meets Upper End of Analyst Expectations
Gildan Activewear reported record second quarter net earnings of $14.3 million, or 48 cents per diluted share, up 6.7% from $13.4 million or 45 cents per diluted share in the second quarter of fiscal 2003. Analyst expectations for the quarter were in the
Despite Strong Q1, Columbia Stays Conservative…
Columbia Sportswear Company appears to be as healthy and vibrant as its octogenarian COB Gert Boyle, who was off on a fishing trip in the Florida Keys with some customers, as the company posted yet another robust quarter that saw all key indicators in sal
VF’s Outdoor Coalition Gets More Action and Fashion; New Opportunities Abound…
VF Corporation chairman & CEO Mackey McDonald said the company is “clearly positioning” its Outdoor coalition and VF for “substantial growth” in a release last week and pointed to the results of the most recent quarter and its recent acquisition announcem
Military Keeps Outdoor Afloat at Johnson Outdoors; Watercraft is Stagnant…
Johnson Outdoors reported overall sales and income growth for the second fiscal quarter of 2004, but in reality only two of the four divisions maintained the same profitability levels of last year. Outdoor Equipment and Motors both showed strong sales inc
Sportsman’s Guide Sees Growth Slow…
The Sportsman's Guide sales inched up 1.9% to $44.6 million for the first quarter compared to $43.7 million in Q1 last year. Gross margins slipped 80 basis points, from 32.5% in 2003 to 31.7% in Q1 2004. In spite of the less-than-inspiring sales gro
Huffy Looking for Answers — and Help…
Huffy Corporation shares fell 24.0% last week to close at $2.22 on Friday, a share price that is now down almost 58% since the first of the year and down more than 72% from its 52-week high. The brands acquired through the acquisition of Gen-X that kept
SNL Adds Boeckermann as Newest Account Exec.
SNL Communications has hired Dawn Boeckermann as the company’s newest Account Executive. Boeckermann’s primary focus will be on the action sports market, developing new business and working with existing clients to build and execute strategic public relat
Everlast Q1 Revenues Climb 16%
Everlast Worldwide reported net sales were $14.1 million, representing an increase 14% over 2003. Net licensing revenues increased 26% to $2.1 million. Combined, net revenues were $16.2 million an increase of 16%, or $2.2 million over the 2003. For the qu
Jetboil Wins ‘Gear of the Year’ Award
Jetboil Inc has received Outside magazine’s “Gear of the Year” award. In the magazine’s 2004 annual Buyer’s Guide, Jetboil is applauded for its convenience, speed, and efficiency, bringing liquid to a boil in about one minute…
Cloudveil Honored with International Advertising Awards
Cloudveil was recently honored by the Summit Creative Awards® and The Communicator Awards for its Fall ’03 consumer catalog and advertising campaigns. Cloudveil’s Fall ’03 “Soul Focus” advertising campaign garnered silver medal honors from the Summit Crea
Five Ten Restructures EU Managment Team
Five Ten has completed restructuring its management team in Europe. John Connelly, International Sales Manager for the brand, has named Bastiaan Wauters as Five Ten’s new Sales and Sponsorship Coordinator for Europe. Also tapped for the Five Ten Europe m
OIF Sponsors ‘Get Fit with US’ Event
Outdoor Industry Foundation is the lead sponsor of the first Get Fit With US event to take place in St. Paul, Minnesota on June 5, 2004. The event, which coincides with National Trails Day, will launch an initiative developed by federal agencies t
