TomTom reported higher revenue, gross margins and earnings for the first quarter…
Author: Charlie Lunan
Safilo Group’s Reports Higher Sports Products Sales in First Quarter
Safilo Group SpA reported sales of Sports Products, which includes its Smith Optics brand, reached €16.1 million in the first quarter, up 0.9 percent, or 4.3 percent in currency-neutral (c-n) terms…
Columbia Sportswear Agrees to Buy prAna
Columbia Sportswear Company has signed a definitive agreement to acquire control of the yoga/rock climbing-inspired apparel brand prAna for $190 million in cash. PrAna sales grew at a compound annual growth rate of more than 30 percent between 2010 and 20
Columbia Sportswear Ups FY14 Guidance on Strong Q1 Results
Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand for its fall 2014 products, strong results at its new Chinese joint venture and the ac
Amazon.com Opens Wearable Technology Store
Amazon.com, Inc. launched Tuesday its Wearable Technology store – a one-stop shop where customers can shop activity trackers, smart watches, wearable cameras and more devices from Samsung, Jawbone, GoPro and emerging brands such as Basis and Misfit as we
Alliant Techsystems to Spin off $2.2 Billion Outdoor Sports Business
Alliant Techsystems Inc. will spin off its $2.2 billion Outdoor Sports business into a separately traded and operated public company in a tax-free distribution to its shareholders as part of a larger plan to…
Eddie Bauer Renews Credit Card Outsourcing Agreement
Eddie Bauer signed a long-term renewal agreement with Alliance Data Systems Corp., which provides the vertically integrated outdoor products company with private label credit card and data analytics services…
Bergans Launch US E-commerce Site With Shopatron Capability
Bergans USA officially opened its e-commerce site April 18 with Shopatron functionality that allows specialty retailers to connect with and directly fulfill consumer's on-line orders…
OIA to Launch Unprecedented Consumer Segmentation Study This Week
Outdoor Industry Association (OIA) will launch a study this week with Egg Strategy, Inc. that will provide a first-of-its-kind industry level consumer segmentation study for the outdoor industry…
Intersport Sponsors European Hockey League
Intersport is to become the Official Partner of the Champions Hockey League – the pan-European club ice hockey competition – from its launch date in August 2014, according to Infront Sports & Media, the exclusive marketing and media partner for the Champi
American Bicycle Group Buys Tri-Bike Rental Firm
American Bicycle Group (ABG), parent company of Litespeed and Quintana Roo Bicycles (QR), acquired Tri-Cycle Bicycle Rentals, LLC April 25. ABG will use the rental company to increase its presence at Ironman events across North American in 2014…
RECALL: 3,500 Felt Tri-Bikes
Felt Bicycles of Irvine, CA is recalling about 3,500 more of its 2008 and 2010 model year triathlon bicycles because the steer tube on the bicycle fork can break and cause the rider to lose control, posing a risk of injury.
Goal Zero Hires Former REI SVP Lee Fromson as President/COO
Goal Zero has appointed Lee Fromson, REI's former senior vice president of merchandising, as its president and chief operating officer as part of several changes to its executive team. Current President and CEO Joe Atkin has assumed the role of co-ch
Osprey Packs Name Former Kelty Chief to New COO Post
Osprey Packs, Inc. has named the former leader of rival backpack brand Kelty to the newly created role of chief operating officer, where he will head take over many administrative duties alongside CEO Tom Barney…
Backcountry.com Partners with Giro on Limited Edition MTB Shoe
Backcountry.com began taking pre-orders last week for a limited-edition Giro Empire mountain bike shoe it will begin selling exclusively at backcountry.com and CompetitiveCyclist.com June 1 for the hefty price of…
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