MicroStockProfit
Home Featured Portfolio Quotes & Resources News Media BLOG

Tuesday, September 12, 2006

Academy Snowboards Partners With UDT Distribution

In a press release this morning, Execute Sports announced that its subsidiary Academy Snowboards has signed an exciting partnership with sales and marketing distributor, UDT Distribution. UDT will retain distribution exclusivity in Europe, where annual snowboard sales are estimated as over 80 million (or 450,000 units), as long as sales targets are met annually from 2007 to 2011. This means a minimum of 80,000 units sold by 2011, not to mention being picked up by over 20 distributors throughout the continent.

According to the National Sporting Goods Association (NSGA), snowboarding is one of the fastest growing sports worldwide and Academy is now poised to meet a rising demand for snow sport products. Pretty exciting stuff for a company with such a global presence and a devout following!

0 Comments:

Post a Comment

<< Home

Featured Company  |   Portfolio  |   News  |   Blog  |   Media  |   Contact  |   Disclaimer
Copyright © 2005 microStockProfit. All rights reserved. microStockProfit™ is an independent electronic publication providing information on select public companies. Majority of the companies featured by micro StockProfit pay consideration in cash and/or stock for electronic dissemination and advertisement of company information. See Disclaimer.