Monday, June 25, 2007

This Week in The B.O.S.S. Report



o Royal Robbins finds a new home at American Rec.
o World Kayak formed with goal to double whitewater
o VF Corp. eyes more acquisitions; Reef gets into
women's apparel.
o Lululemon first quarter comps jump 20%.
o Yue Yuen sees balanced Q2 growth.
o SGMA: PEP funding kept alive in Congress.
o Oxbow to make return to the U.S. market.
o Kaiser & Joy form New England rep agency.
o SSL adds new stockholders at annual board meeting.
o Luxottica acquires Oakley in $2 billion deal.
o BOB & Baby Jogger head to court.
o Guest Editorial: The future we make.
o Other Stories include nuun, Innes, Yakima,
Smartwool, Keen, and many more...

Some Excerpts:

After two and a half years under the ownership of the Phoenix Footwear group, Royal Robbins has found a new home in Kellwood’s American Recreation division.Phoenix will realize a net pretax gain of approximately $23 million from the transaction, which will allow the company to pay down the majority of its long-term debt, bringing it down to the low-to-mid-teen levels, post closing...


At the Reuter’s consumer and retail conference in New York, VF Corp. CEO Mackey MacDonald said that the company is ready to pursue more acquisitions and focus on outdoor and sportswear brands that cater to the women’s market...
In the women’s sportswear arena, there are several potential acquisition targets for VFC, including two vertically integrated retailers - lucy and Title Nine...


Guest Editorial: The Future We Make…

By Drew Simmons

...But take a look around. The outdoor lifestyle is not the only option out there - far from it. There are single corporations that do more business than every brand on the Outdoor Retailer show floor combined, and would they love it if we all starting waffling and self-doubting and hand-wringing and worrying about the fact that we’re doing too well, and selling too much product, and encouraging people to acquire, acquire, acquire. They’d love to co-opt our genuine spirit as their own, and take over a solid foundation that’s been built nice and square...


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