Schutt Sports acquired the Adams, Trace, Bolco Bases, Neumann Gloves and Bucks Belts brands and accompanying spring 2015 inventory last week, in a deal that clears the way fro Adams USA Inc. to liquidate. Schutt, which acquired Adams USA's football h
Author: Charlie Lunan
Fox Says Competing MTB Brands Gained Market Share in Third Quarter
Fox Factory Holding Corp.'s sales of mountain bike products declined 8.1 percent in the third quarter due to incursions by competitors, lower than expected sell through of Fox equipped bikes and lingering industry supply chain issues outside its cont
Halfords Comps Growth Slow in Second Quarter
Halfords Group plc reported same-store sales slowed at its Cycling and Travel Solutions segments in the second quarter compared with the first quarter. The company, which is the
United Kingdom's largest retailer of cycling and leisure products, repo
Dainese Agrees to be Acquired by Investcorp
Dainese, the Italian company that makes protective gear for motorsports, winter sports, bicycling and horse riding, has agreed to be acquired by Investcorp at an enterprise value of €130 million, or roughly $165 million. Company founder Lino Dainese
Dorel Reports 6 Percent Organic Growth in Q3 Cycling Sales
Dorel Industries Inc. reported organic revenue increased by 6 percent at its Recreational/Leisure segment in the third quarter as e-bike and mountain bike sales grew in the independent bicycle dealer channel and Pacific Cycle benefited from improved consu
FGL Sports Turns in Another Strong Quarter
FGL Sports saw retail sales increased 13.0 percent and same-store sales grow 8.5 percent in the third quarter over the same quarter last year, reflecting strong growth across key banners. At its flagship Sport Chek banner, comps grew…
Garmont Hires Bill Dodge to Build North American Subsidiary
Garmont International S.R.L. is investing in a full-service subsidiary for North America and has named Bill Dodge as CEO. Dodge comes from Wolverine World Wide, where he served as VP of global product design and development for the Merrell, Patagonia and
Smith Optics Drives 16.8 Percent Growth at Safilo Sports in Q3
Safilo Group S.p.A. reported net sales of Smith Optics sunglasses, goggles and helmets drove a 16.8 percent increase at its Sports Product segment in the third quarter ended Sept. 30. Safilo's Sports product sales reached €25.6 million ($34mm)
ShopRunner and Alipay Partner to Offer Retailers Better Access to Chinese Shoppers
ShopRunner announced a new partnership with Alipay that aims to pave the way for China's shoppers to buy directly from U.S. retailers’ e-commerce sites. ShopRunner will launch the service with a select group of existing ShopRunner merchants thi
REI Survey Shows Outdoor Enthusiasts Rearing to Get Outside
REI released results from a survey that indicates 73 percent of American adults who participate in outdoor activities at least once every three months want to spend more time outside next year. That's seven times greater than the number who want to s
SIA Releases First Results from Downhill Consumer Research Project
There has been no significant growth or decline in the base of people participating in downhill skiing and snowboarding since the mid-1970s, according to a review of data being done as part of Downhill Consumer Intelligence Project (DCIP). The project, w
Mammut Names Two New Rep Agencies
Mammut named the two rep agencies that will handle sales and service for retailers in New England and the territory comprising the Great Lakes and Upper Midwest…
Spy Inc Resumes Growth in Third Quarter
Spy Inc. reported third quarter sales grew by $800,000, or 8.1 percent in the third quarter thanks to strong goggle sales and continued growth of its prescription frames. Gross margin increased 70 basis points to 49.2 percent…
Descente Ups FY15 Guidance on Strong Asian Sales
Descente Ltd. raised its guidance for fiscal 2015 after reporting big profit gains in the six months ended Sept. 30 as growth in South Korea and other parts of Asia offset a decline in its native Japan and drove up sales 13.8 percent. In North America, wh
Kenji Haroutunian to Leave Outdoor Retailer
Outdoor Retailer Show Director Kenji Haroutunian will step down at the end of the month and be succeeded by Marissa Nicholson, according to Emerald Expositions, which owns the biannual trade show. A member of the SGB 40 Under 40 class of 2013, Nicholson
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