REI Signs Lease for New Pittsburgh Store
REI has signed a lease with the Soffer Organization for a 27,000 square-foot store in the Southside Works, located on Pittsburgh's south side on the Monongahela River. Southside Works is a 34-acre, urban mixed-use, brownfield redevelopment. The REI s
Salomon Moves Snowboard Marketing Team to Oregon
Salomon Snowboards has re-located their International Snowboard Sports Marketing management to Salomon’s North American office in Portland, OR. Previously managed from Salomon’s Headquarters in Annecy, France, the move strengthens Salomon North America’s
Magic Johnson to Put Name on Product Again
Earvin “Magic Johnson” has reportedly partnered with BASH Sports, LLC in Irvine, CA to launch a new line of basketball footwear and apparel bearing the name Magic32. Johnson's signature line, which is expected to start delivery for Holiday '04
Shanley and Team Leave Wells Fargo for SIG
John J. Shanley is leaving Wells Fargo Securities to join Susquehanna International Group, LLP. SIG said Shanley will join its sell-side research team, covering athletic footwear and apparel. Mr. Shanley brings more than twenty years of experience in the
Cabela’s to Open WVA Store In August
Cabela's is scheduled to open its second East coast store Thursday, August 12, 2004 near Wheeling, W.Va. The 175,000-square-foot retail store will feature an original 20-foot
bronze sculpture, museum-quality diorama, 30-foot Conservation Mountain, 55
Nordic Walking Has the Potential…
The Nordic Fitness section at ISPO Summer 04 has been billed as one of the “main focal points” and the Nordic Walking Village is the anchor of this section. The sport certainly seems to be growing in the European market, but the many retailers in the U.S.
Collegiate Pacific to Acquire Dixie Sporting Goods
Collegiate Pacific Inc. has executed a letter of intent to acquire Dixie Sporting Goods – the Nation's largest independent team sports distributor. Kesslers Team Sports – formerly the nation's largest independent team sports distributor – was a
Phoenix Deal Should Boost Profits…
Phoenix Footwear joined in on the acquisition frenzy last week, announcing that they had inked a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries…
Callaway Buried Under Titanium; Cuts Outlook…
Callaway Golf Company woke up to the reality last week that the market may have passed them by with their Big Bertha series of drivers and that the Top-Flite Golf Company contains some other landmines that will see it continue to be a drag on the bottom l
MEC Continues Growth…
Mountain Equipment Co-op has decided to ramp up its expansion plans in the Canadian market and start back-filling key areas. The co-op will be opening one to two stores a year for the foreseeable future and doubling up in existing markets with smaller sto
Quiksilver Raises Guidance on DC Shoes Addition and Strength at Retail…
Quiksilver, Inc. has seen its quarterly sales performance outpace futures bookings so much that the company will cease giving backlog information and instead provide sales estimates by quarter. For instance, the company said that summer bookings growth w
Vail Posts Record Quarter; Destination Skiers Increase…
Vail Resorts chairman & CEO, Adam Aron was so pleased with his company’s Q3 results that he could hardly contain his excitement during a conference call with analysts. The resort set a new record for Mountain revenue during the quarter in spite of warm we
K2 Hits the Trifecta in Winter Sports and Outdoor Acquisitions…
In its latest acquisition moves, K2 Inc. has apparently accomplished three key objectives that are critical as the company’s strategy to become the strongest platform of sporting goods brands in the industry. While the deals last week to acquire Volkl Sp
Booth Creek Struggles, but Stays Strong
Booth Creek Ski Holdings managed to keep its head above water this quarter, in spite of what was described as “very volatile and frustrating weather conditions for the better part of the ski season,” in New Hampshire, and “the balmiest March in 70 years,
New Phoenix Deal Should Boost Bottom Line…
Phoenix Footwear joined in on the acquisition frenzy last week, announcing that they had inked a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries. Phoenix wi
