Walking Co. Exits Chapter 11 Proceedings
The Walking Company emerged from Chapter 11 after its reorganization plan was approved in bankruptcy court in Santa Barbara, CA…
Snow Sports Sales Grow 4% in ’09/’10 Season
Snowsport Sales for the 2009/2010 season were up 4% over last season, according to the SIA Retail Audit. Snow sport retailers sold $2.94 billion this season compared to $2.82 billion a year ago. Although sales were up in dollars, fewer units were sold thi
IMBA Raises Nearly $600K for Public Lands Initiative
Just a week after launching the Public Lands Initiative, the International Mountain Biking Association (IMBA) said that the bicycle industry has pledged $587,000 for the project…
Ski Visits Approached Record Levels this Winter
The U.S. ski industry recorded 59.7 million visits, the second best season ever, according to the preliminary 2009/10 Kottke National End of Season Survey. In spite of continued pressures from a weak economy and without the catalyst of an exceptional snow
Hat World Acquires Brand Athletics
Hat World, Inc., a subsidiary of Genesco Inc., has acquired Brand Athletics, Inc., a team dealer, custom screen printer and embroidery operator based in Tigard, OR in the metropolitan Portland area…
Johnson Outdoors Benefits from Upswing in Consumer Camping
A surge in consumer camping and military sales helped Johnson Outdoors, Inc. overcome sinking paddlesports sales and post nearly 6% sales growth in its key fiscal second quarter ended April 2…
VF Corp. Back on Track in 2010 as First Quarter Profits Jump
VF Corp. saw cost cuts, improved inventory management and a double-digit revival from several key brands drive profit growth in the first quarter versus a year-ago period, when earnings and revenue slid amidst a tough trading environment…
Callaway Q1 Profits Double on Higher ASPs, Cost Cuts; Inclement Weather Limits… Growth
Inclement weather and a slow recovery from its Europe region curtailed growth for Callaway Golf Co. during the first quarter of fiscal 2010; but cost cuts and improved sell-through helped the company more than double earnings as it enters a second quarter
Sport Supply Group Acquires Assets in Two Midwest Dealers
Sport Supply Group, Inc. has recently acquired a substantial stake in Coach’s Sports Corner, a regional team sports distributor based in Sandusky, OH, as well as a certain assets of Greg Larson Sports, a national cataloger and regional team sports d
Shimano Q1 Sales Up Despite “Sluggish” Retail
Shimano, Inc. reported net revenues fell 11.4% to ¥50.22 billion ($554 mm) for the period ended March 31, compared to ¥45.09 billion ($483 mm) in Q1 last year…
RECALL: Buoyancy Compensators
Ocean Management Systems Inc., in cooperation with the U.S. Consumer Product Safety Commission, is voluntarily recalling approximately 20,000 Buoyancy Compensators used for scuba diving…
China Remains on Special 301 Watch List
The United States Trade Representative (USTR) is removing Czech Republic, Hungary, and Poland from its Special 301 Watch List of countries that don't do enough to protect intellectual property, but remains concerned about China’s implementation
Federal Study Shows Obesity Rising Much Faster Among Girls
The percentage of obese girls in the United States increased more than twice as much as the percentage of obese boys from 2003 to 2007, according to a study released Monday by researchers at the Health Resources and Services Administration (HRSA)…
Cabela’s Reports Q1 Earnings Up 58%; Direct Segment Boosts Sales
Cabela's Incorporated reported total revenue for the quarter of 2010, adjusted for divestitures, increased 5.1% to $559.6 million; retail store revenue decreased 1.5% to $271.3 million; direct revenue increased 2.1% to $222.7 million; and comparable
American Hiking Society Releases $10 Map App for iPhone
American Hiking Society launched an iPhone app called HIKE GPS that contains more than 300 free recreational maps – encompassing more than five million square miles of the United States. The $9.99 app performs many popular tasks of a handheld GPS unit fo