Adrenalina Criticizes PacSun’s Rejection of Bid
Adrenalina issued yet another statement regarding the failure of Pacific Sunwear of California Inc. to explore merger discussions. The neophyte action sports retailer also said it is now a shareholder of PacSun and “intends to significantly increase its p
Batters Up USA Sees Participation More Than Double in 2008
Batters Up USA, formerly Play Ball USA, will host its annual membership meeting and board meeting in conjunction with the annual American Baseball Coaches Association convention Friday, Jan. 2, 2009 beginning at 9 a.m. PST at the San Diego Marriott and Ma
Peter Mangione to Step Down as President of FDRA
The Footwear Distributors and Retailers of America (FDRA) announced that Peter Mangione will be stepping down as president of the association. According to a statement, Mangione, president of the organization since 1981, will assist the organization in re
Forzani’s Q3 Net Income Tumbles 33%
Forzani Group Ltd's third quarter profit fell 33% to C$8.4 million ($6.77 million), or C28 cents a share, in the three months ended Nov. 2, from C$12.6 million ($10 million), or C36 cents a share, for the same time last year. Revenue rose 8.8% to C$3
A4 Opens Two Regional Warehouses for Jan. 2009
A4, working in a joint venture with Frazier Sports, will start shipping orders in January 2009 from its two new regional warehouses in Waco, TX and Atlanta, GA…
PIA Names Canoe Kentucky Founder as CEO
Canoe Kentucky founder and co-owner Ed Councill has been named as CEO of the Paddlesports Industry Association (PIA) — a trade group representing canoe, kayak and raft manufacturers, retailers, outfitters and instructor programs across the US. Councill r
Schutt Responds to Patent Infringement Allegations
"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin
OIA: Pace of Outdoor Sales Growth Continued in October
According to the Outdoor Industry Association (OIA) Outdoor Topline Report, October retail sales rose 8% in dollars compared to October 2007. All four major product categories – equipment, equipment accessories, apparel and footwear – grew in October…
G-III Lowers Guidance on Expected Discounting
G-III Apparel Group, Ltd. said net sales for the third quarter increased 29.6% to $351.6 million from $271.2 million in the comp quarter last year. Net income for the three months was $28.8 million, or $1.68 per diluted share, compared to $23.8 million, o
Kohl’s Acquires 31 Mervyns Locations
Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held yesterday for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For
Keen Begins Outdoors Initiative
Keen Inc., has begun its Kids’ ‘Mighty KEENdom’ initiative, which will seek to engage kids and parents in the outdoors through a variety of programs including charitable giving and education…
Lululemon Q3 Net Up on 4% Comp Gain
Lululemon athletica inc. said that for the thirteen weeks ended Nov. 2, 2008, net revenue increased 34% to $87.0 million from $64.9 million for the third quarter of fiscal 2007. Net revenue from corporate-owned stores was $77.6 million, an increase of 31%
Lululemon Founder To Transfer Shares
Lululemon athletica inc.'s founder and Chairman Dennis J. Wilson has indicated through regulatory filings an intention to transfer or otherwise sell, through his control of LIPO Investments USA, Inc., approximately 330,000 shares of…
Rocky Brands, HAAS Outdoors Enter Licensing Agreement
Rocky Brands, Inc. has entered into a new licensing agreement with HAAS Outdoors Inc. to be the exclusive producer and marketer of Mossy Oak brand hunting and casual footwear in North America. The agreement makes Mossy Oak the eighth brand that Rocky prod
Sorel to Sponsor U.S. Snowboarding Team
Sorel, a cold-weather boot manufacturer and one of Columbia Sportswear Company's portfolio of outdoor brands, announced its official sponsorship of U.S. Snowboarding…
