Sportsman's Warehouse Holdings Inc. reported same store sales plunged 18.1 percent during the 13 weeks ended May 3, 2014 as a surge in firearms and ammunition sales fell off. Same-store sales in the first quarter of fiscal year 2013 had increased 20.
Author: Charlie Lunan
RECALL: Scott USA Recalls 2,000 Road Bikes
Scott USA is recalling about 2,000 of its 2014 model road bikes because the steering tube in the front fork can break, causing a fall hazard…
Booker to Start as Fischer Skis US President and CEO July 7
Fischer Sports confirmed it had selected Willy Booker as the new President and CEO of Fischer Skis US LLC., effective July 7, 2014…
Compass Diversifed Refinances Revolving and Term Debt
Compass Diversified Holdings, a publicly traded investment company that has acquired a string of sporting goods companies in the last decade, has signed a credit agreement for a revolving credit facility totaling $400 million and a term loan facility in t
Eddie Bauer Was Paid $48.5 Million to Break Off Merger Agreement
Jos. A Bank Clothiers Inc. confirmed that it paid Eddie Bauer a $48.5 million kill fee in the first quarter to break up its acquisition agreement with the outdoor company and accept a bid from rival Men’s Wearhouse…
Wilderness Systems Names Record 36 Anglers to 2014 Pro Staff
Wilderness Systems named a record 36 professional anglers to its 2014 Pro Staff in a bid to push the sport of kayak angling to the next level through competition, instruction, and product development…
Imports Expected to Spike Ahead of Potential West Coast Strike
Import volume at major U.S. container ports is expected to increase 7.5 percent in June as retailers bring unusually high quantities of merchandise into the country early to avoid any potential disruptions after the labor contract with West Coast dockwork
Johnson Outdoors Names Director of Diving Sales for EMEA
Johnson Outdoors has appointed Gianluca Bugli as director of sales – Europe, Middle East & Africa (EMEA) for the company's Diving business…
Kwik Tek Enters Winters Sports Market with Synergy Sportz Acquisition
Kwik Tek Inc., the Denver-based manufacturer of Airhead and Sportsstuff watersports products, has acquired Synergy Sportz, which manufactures Yukon Charlie’s and Sherpa snow shoes and trekking poles as well as Slip Nots winter traction devices…
Vail Resorts Reports Tahoe Region Retail Sales Rebounded in Fiscal Q3
Vail Resorts Inc. reported retail sales increased at its stores in the San Francisco area and in and around its three resorts in Lake Tahoe in the fiscal third quarter ended April 30 thanks to a storm in early April that sent Californians flocking to the
Study Shows Protected Bike Lanes Working in Five U.S. Cities
A protected bike lane increases bike traffic on a street by an average of 72 percent, according to unprecedented research cycling advocates will use to lobby for greater public funding of such infrastructure…
Nordica USA President Departs for CEO Post at Fischer Sports USA
Tecnica Group SpA announced that Willy Booker resigned as president of Nordica USA to accept the position as CEO of Fischer Sports USA. The changes comes as Nordica reviews its brand positioning and strategy, according to Peter Weaver, who serves as CEO o
GoPro Names Seasoned Technology Executive as President
GoPro, which is preparing for an initial public offering, named technology heavyweight Tony Bates as president. Bates comes from Microsoft, where he served as EVP for business development, strategy and evangelism. He has served as CEO of Skype, held seni
Quiksilver’s Cuts Wholesale Prices, Pushes Profit Target Out A Year
Quiksilver International shares closed down by more than a third Friday, four days after it reported it would take another year to reach profit goals outlined in May 2013 because of faster than expected deterioration in the independent specialty channel..
Grassroots, Keen Back Colorado Flood Relief Fundraiser
Grassroots Outdoor Alliance and Keen are teaming up with a brewery, a band and a bike club to raise at least $15,000 for rebuilding trails damaged by the 2013 floods that ravaged Lyons and Boulder County, CO…