SGB Update Sportsmans
Native and Costa Eyewear Parent Investigates Divesting Lagging Accessory Division
A.T. Cross Company hired an investment firm to explore a possible divestiture of its legacy Cross Accessory Division (CAD), which has overshadowed double-digit growth of its Native and Costa eyewear business…
Intersport Inks FIBA Sponsorship
FIBA, the International Basketball Federation, and Intersport announced the signing of a global partnership agreement within the “Official Sports Retailer” category for the 2013-2015 FIBA Competitions, including all Continental Championships i
Aldo Group Signs License Agreement with Bebe Stores
Bebe Stores, Inc. has entered into a strategic global licensing agreement with Aldo Product Services (APS), a division of the Aldo Group, to design, manufacture and distribute Bebe’s footwear…
Cybex Gains Shareholder Approval for Going Private
Cybex International, Inc., the U.S. manufacturer of exercise equipment, announced that its proposed “going private” merger was overwhelmingly approved by shareholders Feb. 6….
Apax Partners Completes Acquisition Of Cole Haan; Jack Boys Named As Cole Haan’s CEO
Apax Partners completed the previously announced acquisition of Cole Haan LLC from Nike, Inc. In connection with the closing, Jack Boys has been named CEO of Cole Haan, effective immediately. Boys previously served for 10 years as the CEO of Converse, Inc
Johnson Outdoors Logs Fiscal Q1 Profit on Strong Marine Electronics, Jetboil Deal
Johnson Outdoors Inc. swung to a profit on a 9 percent increase in revenues in the first quarter ended Dec. 28, 2012, thanks in large part to its thriving Marine Electronics segment and the addition of Jetboil, which it acquired on Nov. 14, 2012. Watercr
NOCSAE Agrees to Fund $855,000 Largely for Concussion Research
The National Operating Committee on Standards for Athletic Equipment (NOCSAE) announced an agreement to fund $855,657 in sports medicine and concussion research. More than 85 percent of this total – $727,669 – specifically will focus on research to reduce
Whistler Blackcomb Sees Flat Skier Visits in Fourth Quarter
Whistler Blackcomb Holdings Inc. reported revenue increased 2 percent to $50.3 million on flat ski visits thanks to continued growth in effective ticket price (“ETP”) and spend per guest in the three months ended Dec. 31, 2012. Total season pass and frequ
Will Manzer Among 110 to Lose Jobs in EMS Reorganization
The new owners of Eastern Mountain Sports (EMS) have dismissed its CEO Will Manzer and will relocate the New Hampshire-based outdoor specialty retailer’s distribution and other back-office functions to Connecticut in a costing cutting move that will
Will Manzer Among 110 to Lose Jobs in EMS Reorganization
Eastern Mountain Sports (EMS) will layoff 110 employees in coming months as its new owners move distribution and other back-office support functions from New Hampshire to Connecticut in an cost cutting move. CEO Will Manzer was among the first to lose his
Winter Mountain Games Expand Snow Biking Events
The Winter Mountain Games presented by Eddie Bauer has added Cross Country Mountain Biking to the 2013 schedule, along with the traditional On-Snow Bike Crit, Dual Slalom Bike and Best Trick Bike events. Each of the mountain bike events at the 2013 Winter
Ortholite Celebrates Opening of Vietnam Factory
OrthoLite, a supplier of open cell foam insoles, celebrated the grand opening of its new company-owned factory in Vietnam. This new 13,000-square-meter facility will employ 300 workers and produce roughly three million pairs of insoles per month…
Dick’s to Open First Field and Stream Store in Pennsylvania
Dick’s Sporting Goods has applied for a building permit to convert a former Dick’s store in Cranberry, PA to a store operating under the Field & Stream banner in what appears to be the retailer’s latest spin-off of a new specialty concep
Callaway’s Revenues Slump in Q4
Callaway Golf Co. reported revenues slid 23.4 percent in the fourth quarter, to $118 million. The operating loss grew to $71 million from $50 million a year earlier but were in line with prior guidance. Callaway estimates full year 2013 net sales of appro
Ecco to Sponsor 2013 ATandT Pebble Beach National Pro-Am
Danish brand Ecco has been named “Official Footwear Supplier” to the 2013 AT&T Pebble Beach National Pro-Am taking place Feb. 4-10, and will outfit amateur participants in award-winning BIOM Hybrid, Tour Hybrid and Street Sport models…
