Quiksilver Receives €100 million Offer for Rossignol
Quiksilver, Inc. has received a binding offer for the acquisition of 100% of the Rossignol Group. The offer is made by Chartreuse & Mont Blanc, headed by Bruno Cercley, a former CEO of Rossignol. Chartreuse & Mont Blanc is majority owned by Macquarie Group and supported by a non-voting minority interest by Jarden Corporation. The proposed transaction value is €100 million, comprised of €75 million in cash and a €25 million Seller’s Note...(8/27/2008)

Brown Shoe Q2 Revenues Slide 1.3%; Cuts FY EPS Guidance
Brown Shoe, as expected, reported a steep drop in second quarter earnings amid a 1.3% revenue decline. Brown also downwardly revised its full year guidance to a range of $1.12 to $1.29 per share, and reduced its planned store openings for Famous Footwear to 90 new stores from 130. In May at the time of its first quarter release, it was expected full year earnings in the range of $1.29 to $1.53 per diluted share...(8/27/2008)

Gander Mountain's Direct Sales Counter Comps Decline in Q2
Gander Mountain Company reported sales rose 16.8% and losses were halved in the quarter ended Aug. 2, 2008, thanks largely to nearly $40 million in sales from its recently acquired Overton's direct sales business. Despite a 11.7% comp store decline, GMTN cut its net loss to $4.9 million...(8/27/2008)

Sport Supply's Q4 Profits Surge
Sport Supply Group reported sales climbed 8.9% in the fourth quarter ended June 30, to $61.1 million. The company earned $1.81 million, or 15 a share, against as loss of $302,000, or 3, a year ago. Gross margins improved 180 basis points from 34.4% to 36.2% while SG&A expenses were reduced 2% from $18.4 million to $18.1 million. Operating profit jumped 352% from $895,000 to $4.0 million...(8/27/2008)

Gander Begins Distributing 244-page Catalogue
Gander Mountain said it began limited national distribution of its 244-page catalog to customers. The catalog marks Gander Mountain's return to direct marketing after 12 years...(8/27/2008)

Joe's Sports & Outdoor Opens Store in Renton, WA
Joe’s Sports & Outdoor will host a grand opening celebration at its new store in Renton, WA on Thursday, Aug. 28, 2008. The store is located at 915 N. Landing Way, close to Fry’s and Target...(8/27/2008)

Worldwide Reveals Trade Show Dates
Worldwide, the national member-owned buying cooperative for independent retailers, has announced trade show dates for February and September 2009. The Spring/Toy Show will be held February 23-28, 2009 in the Reno-Sparks Convention Center in Reno, Nevada...(8/27/2008)