Shimano Raises Guidance on Third Quarter Results
Shimano Inc., which also owns Pearl Izumi, raised its earnings guidance significantly for 2015 Tuesday after reporting net sales increased 19.0 percent for the first nine months of fiscal year 2015…
Shimano Doubles Q3 Profits on ‘Entrenched’ Weak Yen
Shimano Inc. raised its earnings guidance significantly for 2015 saying the weak yen that accounted for the overwhelming bulk of its profit gains in the third quarter has become entrenched…
Activist Hedge Fund Buys Big Stake in Cabela’s
Elliott Management Corp. has acquired a significant stake in Cabela’s Inc. and is seeking to explore strategic options with the retailer's board, including a possible sale of…
Johnson Outdoors Acquires Diving Technology Venture
Johnson Outdoors Inc. acquired Seabear Diving Technology, a start-up specializing in underwater instrumentation…
NOAA strengthens El Niño predictions for late fall/early winter
This year’s El Niño is shaping up to be one of the strongest on record, forecasters at NOAA’s Climate Prediction Center said in a recent update.
Luxottica Grows Q3 Retail Sales Despite Slower Traffic
Luxottica Group S.p.A was able to grow its same-store sales in North America by 3.9 percent in currency-neutral terms in the third quarter despite declining traffic…
Jordan Brand Opens Chicago Store
Nike said its Jordan Brand opened its first Chicago store at 32 South State Street. The location represents a partnership with Footaction…
OrthoLite to Sponsor the Brooklyn Nets
OrthoLite, the maker of insoles, has signed on as a sponsor of the NBA’s Brooklyn Nets…
CCMP Capital Completes Acquisition of Shoes for Crews
CCMP Capital Advisors, LLC completed the acquisition of a controlling interest in Shoes For Crews, a leader in slip-resistant footwear…
Big 5 Sporting Goods Misses Q3 Street Forecasts
Big 5 Sporting Goods Corp. reported its second-quarter earnings came in at the lower end of guidance while sales fell short of plan. Sales were hurt by challenging comparisons against strong World Cup sales in 2014 as well as the continuing impact of the
Adidas Outdoor Signs Rock Climber Kai Lightner
Adidas Outdoor signed rock climber Kai Lightner, 16, to its team of athletes…
Made in America Award Applications Due Oct. 30
Outdoor companies committed to domestic manufacturing have until Friday Oct. 30, to submit their “made in America” story for the 2016 American Made Outdoor Gear Award, which will be announced at Outdoor Retailer in January…
AMI to Build Munition Factory and Headquarters in Tennessee
Advanced Munitions International LLC (AMI) is investing $553.6 million to build a global headquarters and state-of-the-art munitions manufacturing facility in Alcoa, TN…
United Sports Brands Acquires Nathan Sports
United Sports Brands, the parent of McDavid and Shock Doctor, has acquired Nathan Sports, the maker of hydration, visibility and performance gear for runners and other athletes…
G-Form Hires Michael DeLeon as VP Global Marketing
G-Form, a maker of impact protection gear for action and team sports, named Michael DeLeon as VP of Global Marketing. He will lead the company's strategic marketing approach…
