SGB Update Sports & Fitness
PPR Sport and Lifestyle Division Appoints COO
PPR appointed Todd Hymel, an M&A specialist, as chief operating officer of the PPR Sport & Lifestyle division. He will be based in Paris and will report directly to Jochen Zeitz, chief executive officer of PPR Sport & Lifestyle division. The division incl
Shock Doctor Announces Partnership with MLB Catcher Carlos Santana
Shock Doctor announced a multi-year partnership with top Major League Baseball (MLB) catcher Carlos Santana of the Cleveland Indians. Santana joins Ryan Mathews, Percy Harvin, Nick Leddy and Jack Johnson on Team Shock Doctor, the company’s group of
Texas Retailer Launches Rack Specialty Store Concept
MSP Holdings, LLC, parent company of Austin Canoe and Kayak’s (ACK), has launched www.RackBoys.com in conjunction with the unveiling of the Rack Boys store-within-a-store concept in Austin, Houston and San Marcos, Texas. Rack Boys offers…
Triathlon America Offers Retailer Certifications
Triathlon America, an industry organization dedicated to promoting the sport and the business of triathlon, is offering a first-of-its-kind certification program for triathlon specialty retail stores. The Triathlon America Certified Retailer program is de
OIA VantagePoint: Slower January Ends Solid Fiscal 2012
Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi
K-Swiss’s Q4 Losses Widen
K-Swiss widened its net loss in the fourth quarter to $25.2 million, 71 cents per share, compared with a net loss of $20.6 million, or 58 cents, per diluted share, for the prior-year period. Total worldwide revenues increased 17.8 percent to $50.2 million
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
MandA Fees Hurt Derby Cycle Earnings in Fourth Quarter
Derby Cycle AG said preliminary figures indicate its sales increased 6.6 percent in the quarter ended Dec. 31 2011, but that costs incurred fighting off an unsolicited offer hurt profits…
Advocates Say New Government Report Shows Endangered Programs May Be Reducing Cycling Fatalities
As bicycle advocates closed ranks in Washington D.C. last week to prevent Congress from gutting federal funding for pedestrian and bike trails, an obscure federal report emerged indicating those programs may have helped reduce cycling fatalities in 2009.
Ironcald Performance Wear Launches Coleman Glove on Web
Ironclad Performance Wear Corporation is using a limited time, web-exclusive promotion to launch technical performance gloves its developed under license from The Coleman Company for the outdoor sports and camping enthusiast…
Jarden Expects Late Winter to Cut 2012 Snow Sports Sales by up to 10 Percent
Jarden Corp. expects sales of its K2, Marker and Volkl ski and snowboard products would decline by 5 to 10 percent, or up to $50 million, this year due to the unseasonably warm start to winter in the fourth quarter in both the United States and Europe…
Billabong Gets Buyout Offer from TPG
Billabong has received a buyout offer from private equity giant TPG, a person familiar with the matter told Deal Journal Australia. The conditional offer, contained in letter Tuesday, valued the company at Australian $765.3 million (US $819.3 million)…
Maverik Lacrosse Founder Inducted Into Hall of Fame
Maverik Lacrosse's founder and president John Gagliardi from Manhasset was inducted into the Long Island Metropolitan Lacrosse Hall of Fame…
Puma’s Q4 Revenues Climb 16 Percent
Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. Puma said it expects sales to rise by a high-single-digit percentage in 2012 and 2013, and net income to increase at a mid-single-digit pace in eac
Jarden Outdoor’s Sales Slow Sharply in Fourth Quarter
Jarden Corp. reported its Outdoor Solutions segment generated net sales of $614.5 million in the fourth quarter ended Dec. 31, 2011, up 1.7 percent from the year earlier quarter. The segment owns such brands as Abu Garci, Berkley, Coleman, ExOfficio, K2,
