Grassroots Outdoor Alliance, which represents some of the most iconic independent outdoor specialty retailers in the country, named Wes Allen as its new president…
Author: Charlie Lunan
BPSA Forms Electric Bike Committee
In yet another sign that e-bikes are gaining traction in the U.S. market, the Bicycle Product Suppliers Association (BPSA) created an Electric Bicycle Committee last week…
Leatt Corp. Narrows Q2 Loss, Poised to Enter Bike Market
Leatt Corporation, a South African company planning to launch its first bicycle helmets at Eurobike and Interbike in coming weeks, reported its sales grew 16.6 percent in the second quarter ended June 30…
Adidas Closes Adams Golf’s Headquarters in Plano, Texas
TaylorMade-Adidas Golf is closing the Plano, TX headquarters of Adams Golf as part of a restructuring announced two weeks ago…
Wilson Racquet Sports Division Adds Marketing Talent
Wilson Sporting Goods Co. named Nick Gonzales global marketing director and Tim Buwick as promotions director for its Raquet Sports division…
Employee Benefits Costs Nearly Wipe Out Yue Yuen’s 1H Profits
Yue Yuen Industrial Limited reported that its decision to increase contributions for employee benefits by $90 million in the second quarter to compete in China’s increasingly competitive labor market wiped out much of its profits for the period…
ATK Files Paperwork to Spin Off Vista Outdoors Inc.
Alliant Techsystems Inc. filed paperwork Wednesday to spin off its hunting and shooting sports segment to shareholders as a new stock trading under the name Vista Outdoor Inc. In addition to several firearms brands, Vista Outdoor will own the Bushnell opt
Yue Yuen Reports 1H Loss After Setting Aside $90 Million for Worker Benefits
Yue Yuen Industrial Limited reported a loss for the first half of the year after setting aside $90 million to provide social insurance and housing to settle a massive strike at one its factories in China. The company, which is the largest producers of ath
Nikwax Names New Sales Agency for Pacific Northwest
Nikwax has added the Alta Group, Inc. as its Pacific Northwest sales team covering Washington, Oregon, Idaho, Montana and Alaska…
VF Corp. Provides Update on Bangladesh Safety Initiatives
VF Corporation laid out the initiatives its taken to improve the safety and working conditions at its contract suppliers’ manufacturing sites in Bangladesh following the release last month of a report on the topic by a trade group it joined last yea
Alpartagas Says Popularity of Havaianas Brand Abroad Offset World Cup Effect at Home in Q2
The 2014 World Cup turned out to be a mixed blessing for Brazil’s largest maker and retailer of athletic and outdoor footwear, Alpartagas. While the rising popularity of its Havaianas flip flops in the United States and Europe lifted its sales abroa
Goal Zero Acquired by NRG Energy
Goal Zero, which makes portable solar power devices, has been acquired by NRG Energy, Inc, a publicly traded electric utility serving 3 miliion customers…
Dianese Revving Up for Push into US Winter and Bike Markets
Dainese USA is expanding its sales and marketing teams as part of a new growth strategy and reenergized focus on the North American winter sports and bicycle markets…
Beckerman and Jackson Elected to Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected David Beckerman, the founder and CEO of Starter, and the late Bill Jackson of Bill Jackson’s Shop For Adventure in Pinellas Park, FL to the 2015 Class of the Hall of Fame…
Nordstrom Reports 3.3 Percent Comps Growth in Second Quarter
Nordstrom, Inc. reported net sales of $3.3 billion for the second quarter, up 6.2 percent compared with the same period in fiscal 2013. Total company comparable sales for the second quarter increased 3.3 percent…