The paddlesports industry got encouraging news last week when an update of its largest consumer survey showed significant gains in participation among children and women. While reluctant to draw too many conclusions from one annual survey, marketers said
Year: 2014
L.L.Bean Fiscal 2014 Sales Up 3 Percent
L.L.Bean reported annual net sales reached $1.56 billion in the fiscal year ended Feb. 23, 2014, up 3 percent compared with 2012. The Maine-based retailer announced plans to pay 8 percent performance bonuses to approximately 5,000 full- and part-time empl
Dahon to List Shares on Taiwan Stock Exchange
California-based Dahon has formed a new Taiwanese subsidiary and plans to list its shares on the Taiwan Stock Exchange, the company’s founder announced during the Tapie Cycle Show.
Police Investigate Whether Trespassing Snowboarder Triggered Fatal Missoula Avalanche
Police in Missoula, MT are investigating reports that a snowboarder trespassing on city property set off an avalanche March 1 that destroyed two homes and claimed the life of a resident…
Dick’s SG Launches Campaign to Fund Youth Sports
Dick’s Sporting Goods and The Dick’s Sporting Goods Foundation announced a $25 million multi-year commitment to support youth athletic programs including donations to local sports teams and the launch of the Dick’s Foundation's “Spo
FNH Manufacturing Wins Army Contract
FNH USA, LLC announced today that FN Manufacturing, LLC in Columbia, SC has received a new, three year, $7.6 million indefinite delivery/indefinite quantity (IDIQ) contract from the Defense Logistics Agency to build MK 19 spare receivers for the U.S. Army
LaPierre Blasts Mainstream Media, Administration at CPAC
“A little over a year ago, I offered the answer for school violence,” said the NRA's Wayne LaPierre, “and the media elite called every nasty name imaginable. Fortunately, Americans disagreed.”…
Bangers LP Hires New Account Manager
Bangers LP, a national shooting sports distributor, announces the hiring of Mary Price as a territory account manager…
Obama’s FY15 Budget Seeks Robust Funding for LWCF, National Parks
President Obama’s for fiscal 2015 budget calls for full funding to the Land and Water Conservation Fund (LWCF), according to Outdoor Industry Association (OIA)…
Skullcandy Completes Off-Price Purge, Readies Walmart Launch
Having largely completed its purge of off-price dealers, Skullcandy Inc. will turn its attention in 2014 to adding retailers who meet its turnaround criteria, including Wal-Mart Stores Inc., the company disclosed Thurday…
Nike Takes Minority Stake in Analytics Company Reflektion
Nike, Inc., hrough its strategic partnerships team, has taken a minority investment in California-based start-up Reflektion, an innovator in online retail predictive analytics. Reflektion announced this week it has secured Series B round funding…
Foot Locker’s Q4 Earnings Climb on 5.3 Percent Comp Gain
Foot Locker Inc. reported fourth quarter sales increased 4.6 percent, to $1.79 billion with same-store sales up 5.3 percent. Earnings increased 18 percent to 81 cents per share, besting Wall Street expectations. Full-year comps grew 4.2 percent for the p
Quiksilver Slow Turnaround Continues
Once again, Quiksilver Inc. can’t seem to catch that wave.
The surf apparel giant reported that it narrowed its pro-forma loss from continuing operations in its first quarter ended Jan. 31, to $16 million, or 10 cents per share, compared with a los
RECALL: 2,000 Spyre Disc Brake Calipers
Tektro USA/TRP is recalling about 2,000 Spyre and Spyre SLC dual-piston mechanical disc brake calipers because the brake cable actuator arm can over-rotate, dislocating parts, causing the brake calipers to fail…
Northern Forest Canoe Trail Names New Executive Director
The Northern Forest Canoe Trail named Karrie Thomas as its new executive director. She takes over from outgoing director Kate Williams who has joined Waitsfield-based 1% for the Planet…