Huffy 2003 Loss to Widen; Will Also See $70 mm Q1 Loss…
Huffy Corporation announced late Friday that $3.5 to $5.0 million in accounting entries, related primarily to customer deductions, credits and reserves for inventory valuation and doubtful account receivables for the former Gen-X Sports business, should h
Smartwool Goes Consumer Direct; Dedicates Portion of Proceeds to Outdoor Industry Advocacy
SmartWool will launch an e-commerce section on their consumer website, www.smartwool.com, beginning this autumn. SmartWool will dedicate a significant percentage of revenues from this site to fund a major advocacy initiative later this year that benefits
Head NV Sees Tax Hit Hurt Q2 Profits…
Head N.V. saw their bottom line take a major hit in the second quarter, as a $20.6 million (€17 mm) income tax expense drove the net loss for the period up 245%, or up 225% when measured in the company’s native Euro currency…
Ryan Clark is New VP of Sales and Marketing at Ground
Tucker Hacking, president and CEO of Ground llc, announced late Tuesday the appointment of Ryan Clark as the Vice President of Sales and Marketing. Ryan will be responsible for the development and implementation of brand initiatives while over seeing the
Bell Sports Merged with Riddell Sports in $240 Million Deal…
Fenway Partners, Inc., the private equity firm that owns Riddell Sports Group, has acquired Bell Sports and its Bell and Giro helmet brands in a $240 million deal with current Bell Sports owners Chartwell Investments Inc., GarMark Partners LP and Wachovia
Axis Outdoor Gets the Ball Rolling
Axis Outdoor has finalized it's sales force, covering all of North America and hired Allan Slade as Sales and Marketing Manager. Additionally, the distributor has picked up the 2003 ISPO new product innovator award winning 'Dryzone' product
Brownlee Appointed Director of Sales – Apparel at Columbia
Beth Brownlee has been promoted to Director of Sales – Apparel at Columbia Sportswear. Beth has been with Columbia since 1998 as a Regional Sales Manager. She has a strong background in sales including her work with Asics, Hind and running her own sales
Nike Establishes New Value Market Strategy…
Nike, Inc. has played another hand as it develops its brand segmentation strategy to penetrate all levels of the retail market. With the $43 million deal to acquire Official Starter Properties LLC and Official Starter LLC and its Starter, Team Starter an
Huffy 2003 Loss to Widen; Will See $70 mm Q1 Loss…
Huffy Corporation announced late Friday that $3.5 to $5.0 million in accounting entries, related primarily to customer deductions, credits and reserves for inventory valuation and doubtful account receivables for the former Gen-X Sports business, should h
Shoe Carnival Shrugs Off Weaker Comps to Strong Bottom Line Gain in Q2…
Shoe Carnival reported weak comps for the second quarter, but met the Street’s expectation on the bottom line, generating a 25% increase in EPS over 2003. CEO Mark Lemond said they saw a “difficult sales pattern” in the second quarter, but were able to “
Bell Sports Merged with Riddell Sports in $240 Million Deal…
Fenway Partners, Inc., the private equity firm that owns Riddell Sports Group, has acquired Bell Sports and its Bell and Giro helmet brands in a $240 million deal with current Bell Sports owners Chartwell Investments Inc., GarMark Partners LP and Wachovia
Polartec Breaks into the Waterproof – Breathable Category
Malden Mills has chosen the opening day of the Outdoor Retailer Show to announce a major line extension. Tape-able waterproof breathable fabrics will be offered under the sub-brand Polartec Aqua Shell, including one three-ply style, one two-ply with stret
Cold as Ice Re-Structures
Cold As Ice has had an extreme make-over performed on it’s sales force. The Cold As Ice infrastructure has also had a “facelift” with Tina Post & Hether Gibby. Tina joins the customer service team and will be responsible for domestic servicing. After s
Burrell Retires from Garmin; Two New Board Members Appointed
Gary L. Burrell has retired from his position as Co- Chairman and as a director of Garmin. Dr. Min H. Kao, who is the company's CEO and who served with Mr. Burrell as Co-Chairman, will continue as Chairman and CEO. Mr. Burrell and Dr. Kao together fo
Scott USA Signs James Nishida for SoCal
Scott USA has signed James Nishida to the company’s bike group. Nishida will be the sales manager for the Southern California territory. With more than 14 years of experience, Nishida got his start in the cycling industry working for REI, and later owned
