U.K.’s Sports Direct Raises $1.82B in IPO
Sports Direct International PLC, the United Kingdom’s largest sporting-goods retailer, on Tuesday raised US$1.82 billion (929 million pounds; euro1.4 billion) in an initial public offering after owner Mike Ashley sold a 43 percent stake in the business. A
Marmot Promotes Three
Marmot Mountain L.L.C. made three internal promotions within the company. Laura Miera has been appointed to Vice President of Global Production; Beng Hook is the new Manager of Technical Design; and Jamie Ruderman has been appointed to Creative Director..
Pacific Sunwear Breaks Down Business at Roth OC Conference…
At the Roth OC Conference, Pacific Sunwear gave a little more insight into their business than they typically have in the past. The company said that at PacSun, the business splits 57/43 between guys and girls, but that they hope to get the girls side up
Cabela’s Delivers Robust Fourth Quarter Results…
Driven by a strong performance at its retail stores, Cabela's Inc. reported fourth-quarter earnings rose 26%. The outdoor retailer also announced plans to open eight stores in 2007. In the quarter ended December 31, revenue grew 16% to $781 million f
Pacific Brands’ Slow Outdoor Sales Offset H1 Footwear Gains…
Thanks to strong gains in its Homegoods and Footwear groups, Pacific Brands Limited was able to post increases on both the top and bottom line for the first half of fiscal 2007. However, decreases in both sales and EBIT in the Outerwear & Sport division o
American Skiing Co. to Focus on Utah and Maine Resorts…
American Skiing Company has been selling off several of its resort holdings over the past three months. Just last week, the resort holding company announced plans to sell Mount Snow and Attitash resorts for $73.5 million, and in December announced a deal
Outdoor Sports Marketing is Cascade Designs’ Rep of the Year
Cascade Designs Inc. named Outdoor Sports Marketing as 2006 Rep of the Year. The group’s efforts propelled strong growth in the Southeast U.S. territory for the company’s flagship brands: MSR, Therm-a-Rest, SealLine, Platypus and Tracks…
Mizuno Names Custom Fitters of the Year
Mizuno named 16 of its retail partners as Club Fitters of the year. The recipients were evenly split with 8 winners Green Grass shops and 8 Off-Course retailers…
Pony Names VP Sales and VP RandD
Pony International LLC appointed Nathan Crary VP of research and development and also named David Corsi as VP of sales. Prior to joining Pony, Nathan Crary was president of Velocy Performance Footwear, while Corsi history has included positions as key acc
The Walking Co. to Open Store in Brandon, FL
The Walking Co. plans to open a 1,456 square-foot store in Brandon, Florida, on March 1. The comfort shoe chain currently operates about 150 stores…
Yakima Increases OIWC Sponsorship
Yakima will become a gold level sponsor for the Outdoor Industries Women’s Coalition (OIWC), a non-profit association organized for the purpose of equipping women to reach their professional success in the outdoor industries through educational programmin
Sizemore Collection Taps Crospete for Korean Distribution
The Sizemore Collection has entered into a distribution agreement with Crospete Sports for Crospete to distribute the entire Sizemore Collection putter line into Korea.
Puma Q4 Income Falls on 37.6% sales Increase
Puma finished the first year of Phase IV of its long-term corporate development better than expected. In Q4, consolidated sales increased 37.6% to €480.6 million ($620 mm). Footwear rose by 30.3% to €273.2 million ($352 mm) while Apparel increased by 79.4
GSI Commerce Sees Cash Flow Positive Year…
GSI Commerce looks to have possibly turned a corner in 2006 as the company posted its first year of positive free cash flow. In all, the company saw growth in both sales and service fee revenues, but it was a provision for income taxes adding approximatel
Collegiate Pacific Posts Less Than Stellar Q2…
Collegiate Pacific posted sales increases in the second quarter as well as improved margins and flat expenses, but was forced to lower its annual guidance as the sales gains were not quite up to expectations. According to Adam Blumenfeld, CEO, “top line g
