Scott USA Inc. of Salt Lake City has recalled about 1,450 Vanish Evo Bicycle Helmets because they do not comply with the impact requirements of the Consumer Product Safety Commission…
Author: Charlie Lunan
Lance Armstrong Loses $10 Million Arbitration Case
Lance Armstrong was hit with a record breaking $10 million sanctions award by the arbitration panel hearing his dispute with SCA Promotions, Inc, the Dallas-based sports promotions agency said…
RECALL: 12,000 Zipp 88 Bicycle Wheel Hubs
SRAM recalled about 12,000 Zipp 88 bicycle wheel hubs because the hub flange ring on the front hub can fail. The company said it know of two incidents in which riders were injured…
Outdoor Gear Builders of WNC to Host First Gear Fest in Asheville
Outdoor Gear Builders of Western North Carolina (WNC) has scheduled its inaugural Get in Gear Fest for March in Asheville, NC…
Cascade Designs Relocating 100 Jobs to Reno to Lower Costs
Cascade Designs Inc. will move 100 distribution and low- end manufacturing jobs from Seattle to Reno, NV later this year in a bid to accommodate growth and avoid a more than $1 million hit under Seattle's new minimum wage ordinance…
Port Congestion Costs Millions in Sales and Jobs Could be Next
Two sporting goods companies warned their U.S. Senators last week they may have to cut back hours or lay off employees if management and labor can't find a way to speed up shipments through West Coast ports…
Vista Outdoor Shares Close up 8 Percent in First Week of Trading
Share prices in the U.S. sporting goods industry's newest publicly traded outdoor products company – Vista Outdoor Inc. – closed up nearly 8 percent in their first week of trading on the New York Stock Exchange…
Jarden Outdoor Reports 4.6 Organic Growth in Q4
Jarden Outdoor Solutions, which owns Coleman, Marmot, Rawlings and two dozen other brands in the fishing, outdoor and athletic space, moved solidly into the black in the fourth quarter on 4.6 percent organic sales growth and better margins…
Columbia Turns in Blockbuster Fourth Quarter
Columbia Sportswear turned in a stellar performance in the fourth quarter thanks to strong organic growth in the United States. Sales of Columbia-branded products grew by $100 million, while sales of Sorel footwear grew nearly 40 percent. Two thirds of th
Thule Turns in First Earnings Report Since November IPO
In its first earnings report since going public last fall, Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK976 million ($131 mm) during the fourth quarter despite a sharp drop in snow chain sales in Europe…
Shimano Rode Resurgent Bike Market, Weak Yen in 2014
Shimano Corp. of Japan reported net sales increased 22.2 percent in 2014 thanks to a resurgent bicycle business, while profits grew twice as fast thanks to a weak yen…
Rebranded USL to Reapply for Division 2 Status
USL Pro, America's third professional soccer league and official partner of Nike Soccer, rebranded as USL Tuesday and said it had applied to become a Division 2 league with US Soccer…
Osprey To Expand Colorado Headquarters
Osprey Packs, Inc. expects to complete an expansion of its Colorado headquarters in the balk half of the year to accommodate a growing staff. The announcement comes as the pack maker prepares for the opening of its new distribution center in Ogden, UT…
Thule Group Says Exchange Rates Erased Q4 Growth
The Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK 976 million ($131 mm) during the fourth quarter ended Dec. 31, but declined 3.3 percent in currency neutral (c-n) terms…
Jarden Outdoor Swings Into the Black on Modest Q4 Sales Gains
Jarden Outdoor Solutions, which owns Coleman, Marmot, Rawlings and two dozen other outdoor and athletic brands, moved solidly into the black on nearly flat sales in the fourth quarter…