OIA: April Outdoor Sales Indicate Declines Easing, Shoppers Returning
Retail sales for all core outdoor stores combined (chain, internet, specialty) grew 2% compared to last April, moving from $339 million to $347 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report.
Cabela’s Chairman Plans to Sell Shares
Cabela’s Inc. announced that its Chairman Richard Cabela has adopted a pre-arranged stock trading plan to sell a small portion of the 9.6 million shares of Cabela’s stock that he beneficially owns. Under the stock trading plan, commencing on July 15, a Ca
Forzani to Test GNC In-Store Shops
The Forzani Group Ltd. and General Nutrition Centres Co. announced a partnership that will put GNC performance nutrition boutiques within FGL stores. The first pilot market will be in Calgary, Alberta this fall…
Nike and Adidas Become Founding Sponsors of iHoops
Nike and Adidas will serve as founding partners for iHoops, the youth basketball initiative. The NCAA and NBA established iHoops to provide a structure and to develop programs to improve the quality of youth basketball in order to enhance the athletic, ed
Nike Names New U.K. Marketing Director
Nike named Gino Fisanotti as its new marketing director for the U.K. and Ireland. Fisanotti, currently EMEA brand director, replaces Simon Pestridge, who in early June was promoted to the role of global brand director, based in the U.S…
Callaway Golf Increases Size of Private Offering
Callaway Golf Company has priced and increased by $15 million its previously announced private offering of preferred stock. Callaway will issue $125 million principal amount of 7.50% Series B Cumulative Perpetual Convertible Preferred Stock, 1 cent par va
JD Sports’ Sales Improve
JD Sports Fashion Plc said its underlying sales increased 1.7% over the 17 weeks to May 30. Like-for-like sales at the Bank and Scotts fashion chains were up 4.6% over the period, while like-for-likes at the JD sportswear fascia rose 1.2%…
McDavid Teams with National Sports PR Firm
McDavid Sports Medicine announced their partnership with sports public relations firms, 180 Communications, in an effort to increase its media presence. McDavid noted that the hiring comes as its latest technology, HexPad, is being used by more than half
Outdoor Retail Sales Slip in May
The outdoor market in the U.S. slowed slightly in May after reporting a slight up-tick in April. While consumers are still looking for close-to-home recreation options, they may be looking to use their existing equipment instead of investing in new upgrad
Vail Resorts Individual Visitation Drops as Season Pass Holders Increase
Vail Resorts, Inc. visitations, excluding season pass holders, decreased 21% during the 2008-2009 ski season. This decrease includes fewer destination visits, as well as a wide shift to the Epic Season Pass. Visitation by pass holders, including new Epic
NSGA: Used Sports Equipment Purchases Fall Below $1 Billion
Consumers purchased $969 million in used sporting goods equipment in 2008, according to NSGA’s “Purchases of Used Sports Equipment in 2008” report. This total is noticeably less than it has been in recent history – the report had found that the used sport
Recall: REI Bicycles
Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz
Tactical Holdings Acquires Massif Mountain Gear
Tactical Holdings and its equity partner, Golden Gate Capital, late last week completed an investment in Massif Mountain Gear Company. Massif manufactures and sells flame resistant performance technical apparel in the United States. Its primary customers
Collective Brand Sees Strength in Kids and Saucony; Retail Traffic Weaker
The Saucony brand delivered another quarter of double-digit growth for parent Collective Brands, Inc. and healthy sales in kids drove market share gains for both its Payless domestic and Stride Rite chains, butCollective continued to be challenged in its
Weaker May Retail May be Prelude to Tough Second Quarter
There may have been a few lonely bright spots twinkling through the haze of a languid May for retailers, but results were largely disappointing as the retail market made it clear to economists and analysts that any hints of recessional relief are just tha
