SRAM and Velocio Apparel will serve as title sponsors of the women's pro-cycling team Velocio Sports in 2015, the team announced…
Author: Charlie Lunan
T.J. Maxx and Marshall’s Adding Outdoor Brands, Even Kayaks
T.J. Maxx and Marshall's gained access to more premium outdoor apparel brands and began selling kayaks in the fiscal third quarter ended Nov. 1 even as their parent company opened two new Sierra Trading Post locations in Denver. The off-price retaile
Accell Group’s Updated Forecast Calls for Second-Half Acceleration
Accell Group NV, which sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, said leaner inventories, higher sales of e-bikes and premium sport bikes and acquisitions will result in higher net sales, organic sales and net income
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Keen Taps Verde Brand Communications as Agency of Record
Keen has hired Verde Brand Communications as its public relations and brand communications agency of record…
RSG Acquires Gribble’s Running Sports
The Running Specialty Group (RSG) has acquired Kansas City-based Garry Gribble’s Running Sports, which operates five locations and expands RSG’s national footprint to Kansas and Missouri…
Victorinox Swiss Army Names Sales Chief for Timepiece Business
Victorinox Swiss Army, Inc. (VSAI) has appointted Rich Rosenfeld as vice president of sales for the company’s U.S.-based Timepiece business…
Sheex Sues 37.5 for Patent Infringement
Sheex Inc. has sued Cocona Inc. for patent infringement, alleging that its Sleep 37.5 sheets infringe on two patents Sheex received in 2013 to protect inventions it developed through years of research and development. The lawsuit marks the third Sheex has
Perry Ellis Faces Stockholder Revolt
Perry Ellis International Inc. was called out publicly late Tuesday by two influential shareholders for failing to appoint a special committee to explore strategic alternatives. The investors, who own a 6.3 percent stake in the apparel and brand managemen
Vista Outdoors Spin-Off Still On
Alliant Techsystems Inc. is moving ahead with plans to spin off its Sporting Group business, which includes Bushnell Optics, as Vista Outdoors. ATK had put the deal on hold pending a review of its proposed merger with Orbital Sciences Corp. following the
GoPro to Raise $100 Million in Secondary Offering
GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti
Accell Reports Strengthening Sales and Profitability
Accell Group NV, the Dutch company that sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, expects to book higher sales and profits in the second half based on developments through October…
TJX Companies Strong Q3 Marred by Currency Outlook
The TJX Companies Inc. reported margin improvement and same store sales growth in the third quarter ended Nov. 1, but lowered its earnings guidance for the fourth quarter and full fiscal year due to different than anticipated effects from currency exchan
RECALL 3,000 Black Diamond Ski Poles
Black Diamond Inc. is recalling about 3,000 ski poles because the stainless steel pick in the handgrip can break and fail to slow or stop users from sliding downhill on a snow or ice covered slope, posing a risk of injury…
Outdoor Foundation and Coleman Release Annual Camping Report
Eighty-five percent of the more than 40 million Americans who camped in 2013 took their first camping trip between birth and age 15, indicating the importance of youth excursions to establishing a camping habit, according to the 2014 American Camper Repor
EORA Lowers Dues by $100 to Draw Bike Reps
The Eastern Outdoor Reps Association board of directors has authorized the trade group to lower its annual membership dues to $100 to $250 a year in 2015 in a bid to attract reps from the bicycle industry…