Archive for June, 2012

SIA WINNING RETAILER OF THE YEAR: TROLLHAUGEN SKI SHOP

June 28, 2012

Trollhaugen Ski Shop in Dresser, WI was awarded the 2011 SIA SnowSports North Central Retailer of the Year Award for their contribution and commitment to the growth of the snow sports industry. Owned and operated by the 2nd and 3rd generations of the Rochford family, Trollhaugen Winter Recreation area has been an icon of the […]

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Skullcandy Talks Growth Strategies for Earbuds…

June 26, 2012

Skullcandy will focus on migrating its consumer base to higher price points, in addition to honing growth strategies focused on product development, shared Ron Ross, Skull- candy’s chief accounting officer, last week at Jeffries Group’s Global Consumer Conference. Ross said that Skullcandy continues to command a strong market share, as it is currently number one […]

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Scarpa scouts for partnerships and acquisitions

June 21, 2012

Reporting sharply improved financial results, Scarpa says it is planning to take over the distribution of its prod- ucts in some foreign markets in the course of this year. With corporate as- sets worth €24.6 million and virtually no debt, the Italian company, which specializes in mountaineering boots, is also looking around for partnerships or […]

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BILLABONG HALTS TRADING, ANNOUNCES STRATEGIC OVERHAUL, RAISING CAPITAL AT SIGNIFICANT DISCOUNT

June 21, 2012

http://business.transworld.net/101209/features/billabong-halts-trading-announces-strategic-overhaul-raising-capital-at-significant-discount/ This morning, Billabong was placed in a trading halt before an investor call and announcements that include a plan to raise $225 million in equity and a strategic overhaul of the company’s business to reduce costs, redundancies, and respond to a weakening retail landscape, especially in Australia, Canada, and the US. Just months after […]

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Zumiez to buy Blue Tomato, updates 2nd-period view

June 19, 2012

By Robert Daniel  ZUMZ TEL AVIV (MarketWatch) — Zumiez Inc.,ZUMZ +4.55% the Everett, Wash., sports retailer, updated its fiscal-second-quarter outlook and definitively agreed to acquire Blue Tomato, the Schladming, Austria, sports retailer, for €59.5 million ($75 million). Zumiez also will pay up to €22.1 million if Blue Tomato hits certain targets over three years. Blue Tomato operates […]

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