Head Makes Major Cost Cutting Moves…
After reporting large sales gains in the Winter Sports division in Q3, Head NV is saying that Q4 numbers are coming in even stronger. For the two months ending November 30th, Head saw total sales rise 15.6% to $115.5 million. According to the company, a m
Oakley Embarks on Global Strategy…
Oakley launched an international expansion campaign starting with an O-Store in Santiago, Chile. The store was opened and is operated under a licensing agreement with Racing Ltda., Oakley’s exclusive distributor in Chile. Oakley management did not release
Precor Goes with Strength…
Precor expanded its reach into the strength category with the acquisition of Fitness Products International for $11.8 million. Further details and terms were not released by the company. FPI markets a range of products in the strength training category un
K2 Pulls the Plug on Grand Junction
Atlas, Tubbs, and Little Bear snowshoes are moving their production to China. K2 Inc., which acquired the brands in October, made the decision to close a plant in Grand Junction, CO and shift production to its own 1.3 million sq. ft. facility in Guangzho
Wal-Mart in More Labor Trouble
The United Food and Commercial Workers Union (UFCW) in Las Vegas, Nevada has brought charges against Wal-Mart, stating that the company has illegally intimidated, harassed, and retaliated against workers organizing under the union’s umbrella…
Good News Overshadows Bad as Earnings Season Approaches…
“Tis the season for investor conferences as analysts look for something, anything, that will give them an edge as most industry vendors close their calendar year and retailers finish up their 2003 sales cycle. The last week saw the Super Show Financial D
Cloudveil Posts 79% Revenue Growth
Cloudveil has reported 79% total revenue growth for
2003. Gross margin increased by 4%, and Cloudveil gained 25% growth in
retail storefronts in 2003…
The Hockey Company Acquires t-blade Stake
The Hockey Company has acquired a 33 1/3% ownership stake in t-blade. The remaining shares are owned by Graf Canada Ltd. (33 1/3%) and t-blade GmbH (33 1/3%). Separately, the Company also announced the formation of a European joint venture with t-blade Gm
Johnson Outdoors Awarded Another Military Contract
Johnson Outdoors has been awarded a five-year contract for the Expanded Soldier Crew Tent (ESCT) by the U.S. military. The new government contract calls for annual orders of the seven-man all-weather tent, which provides billeting for combat vehicle crew
TSA to Re-Launch Vendor Days
The Sports Authority announced the re-launch of a new vendor program. The Sports Authority Vendor Days will allow companies to showcase their new products at the Company's corporate offices in Englewood, Colorado. Vendor Days will be scheduled once
Study Shows Strength of Web/Store Integration
The outlook for using the Internet to research purchases before going to local stores, otherwise known as Web-to- store (W2S) shopping, is stronger than online e-commerce, according to new research released this week. Shopping patterns during the last th
Gerber Enters the LED Market by Acquiring CMG
Gerber has acquired CMG Equipment, LLC. CMG is recognized as a leading manufacturer and marketer of Light Emitting Diode (L.E.D.) -based portable outdoor lighting products. CMG's lights will form the foundation of a complete Gerber L.E.D. Lighting li
K2 Closes WinterQuest facility In CO
K2 Inc. announced plans to discontinue manufacturing and distributing snowshoes from its Grand Junction, Colorado facility effective end of March, 2004. This facility is one of two U.S. plants that manufactures and distributes snowshoes for the recently a
Anderson Named Division President of Fox River Brands
Fox River Mills has named Joel Anderson divisional president for Fox River brands. He was formerly Fox River’s national sales manager. Anderson, who was hired by Fox River in 1999, will lead the Fox River team to increase Fox River’s branded products’ vis
Head Offers Senior Notes
Head announced that its wholly-owned subsidiary HTM Sport- und Freizeitgerte intends to offer unsecured senior notes guaranteed by Head N.V. and certain of its subsidiaries. The final size of the transaction, which will be determined at the time of pricin
