June Retail Results Mixed as Consumer Retrenches
Retailers posted positive results for the fiscal five-week June period ended July 3, but the increase came in shy of higher expectations and failed to reverse the declines of very week prior-year period…
RECALL: Felt Bicycles
Citing faulty steer tubes, Felt Bicycles has issued a voluntary recall on its 2009 model B12, B16, and S32; roughly 2,100 bicycles sold through specialty stores nationwide from October 2008 through May 2010…
Adidas Captures World Cup Buzz
According to a study by NM Incite, a Nielsen McKinsey Company, Adidas buzz accounted for 25.1% share of World Cup buzz online since the start of the games…
NRF: Retailers Slow to Adopt Mobile Strategies
Nearly three-quarters of retailers are exploring mobile strategies, but 62% of retailers have either not yet begun or are only in the early stages of planning their mobile strategy, according to a recent Shop.org survey…
Performance Bicycle Implements Store Design Overhaul
In an effort to create a more intimate experience for its consumers, Performance Bicycle is set to open two new retail locations and relocate and remodel two other locations in Pennsylvania and California…
BMC Opens New Swiss Factory and New U.S. Distribution…
BMC Trading AG unveiled a highly-automated factory last week near its headquarter in Grenchen, Switzerland that it says revolutionizes the process of weaving carbon fiber bike frames…
Forest Service Catalogs Benefits from Recreation Use
Agriculture Secretary Tom Vilsack released a report showing the economic importance of America's National Forests and Grasslands to rural communities across the country…
Container Imports Expected to Taper at Summer’s End
Currently, retail sales continue to surge, affording a higher rate of import cargo volume to parallel the demand of the American consumers…
Adidas Sells Almost One Million Jerseys of Spanish Soccer Team
Adidas AG indicated it sold almost one million replica jerseys of the Spanish national team, which won the World Cup on Sunday…
OGIO Signs Italian Distributor
OGIO International announced the addition of Action to Sport (A2S) as the exclusive distributor of packs, motor sports and specialty action sports gear in Italy…
Randy Ruch Retires from Schuykill Valley Sports
Randy Ruch, founder, CEO and Chairman of the Board of Schuykill Valley Sports, retired July 1, 2010 after thirty-nine years in the sporting goods industry. Ruch opened his first store in Audubon, PA in August 1971. The company now operates eighteen store
Under Armour’s President David McCreight Resigns
Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Alabama Outdoors Sold to Investor Group
Alabama Outdoors Inc. has been sold to SMAO LLC, an investment group led by Scott McCrory, who will now serve as president of Alabama Outdoors…
SmartWool Promotes Three
SmartWool Corporation said three internal candidates have been promoted to fill the newly created positions of general manager, international business; chief financial officer; and vice president,value chain…
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…
