Respect Your Universe, Inc. said it will use $1.3 million from a private placement to acquire inventory, commence a new retail store build-out, pay accounts payables and for other corporate purposes…
Author: Charlie Lunan
The Buckle Inc. Reports January Sales Decline
The Buckle, Inc. reported comparable store sales fell 6.6 percent in January compared to a year earlier, when sales figures for the January reporting period included an additional week of sales…
Sage Reels in $14,000 for Breast Cancer Non-Profit
Fly fishing industry leader, Sage Manufacturing raised $14,050 last year for Casting for Recovery (CfR), which…
Dorel Says Bike Business Dragged Down Q4 Earnings
Dorel Industries Inc. disclosed that continued discounting and delayed orders by independent bicycle dealers will cause it to report 2013 fourth quarter consolidated earnings below 2012 levels. However, first quarter sales are on track to surpass year ago
Running Specialty Group Snaps up Two More Stores
The two VA Runner stores with locations in Fredericksburg and Woodbridge, Va. south of Washington D.C., were acquired this week by the Denver-based Running Specialty Group (RSG) from current owner Carol Van Horn. The addition of the two new stores brings
Adidas Claims Under Armour’s Armour39 Products Infringe Patents
Adidas has sued Under Armour in U.S. court in Wilmington, DE, alleging its UA Armour39 products, which include chest straps, watches and mobile apps used for tracking exercise and fitness infringe on its patents.
Intrawest Resort IPO Misses Target by Wide Margin
Intrawest Resorts Holdings, Inc. shares disappointed when they began trading Tuesday in an initial public offering that coincided with the first January thaw in stock prices in three years. The company's shares traded nearly…
Shimano Group 2013 Sales Rise on Weak Yen, Growing Chinese Demand
Shimano Group reported net sales reached ¥271.0 billion ($2.89 bn) in the year ended Dec. 31, 2013, up 10.2 percent from 2012 as favorable exchange rates and China’s growing appetite for sport bikes more than offset the negative effects a cold, wet
Cabela’s Adds Banker to Board of Directors
Cabela’s Inc. appointed veteran banking executive Donna M. Milrod to its board of directors…
Clif Bar’s Whipps Succeeds REI’s Owen as Conservation Alliance Chair
Scott Whipps, director of sports retail for Clif Bar & Company, has succeeded REI's Angela Owen as new chair of The Conservation Alliance board of directors. Owens, who had represented REI on the board since 2007, handed off the torch at the Outdoor
OBIT: Bill Jackson Passes at 98
Bill Jackson, the founder of Bill Jackson’s Shop for Adventure in Pinellas Park, FL, died last week at the age of 98…
Lenzings Closes Euro 100 million Government Loan for Tencel Production
The European Investment Bank (EIB) has loaned the Austrian textile company Lezning AG €100 million to help finance research and development (R&D) activities and investment in Tencel fibre production…
Whistler Blackcomb Fiscal Q1 Revenues Nearly Flat
Whistler Blackcomb Holdings Inc. reported that higher ticket prices and snowmaking nearly offset the effects of one of its driest early seasons in years in the fiscal first quarter ended Dec. 31, 2013…
Costa Merger with Essilor Completed
Essilor International, the global optics company based outside of Paris, completed its previously announced merger agreement with Costa Inc., owner of the Costa and Native eyewear brands…
Hydrapak Unveils Sales Force for Outdoor and Run Specialty
Hydrapak appointed eight sales agencies as the company gears up to push beyond the IBD channel and OEM business and into outdoor and running specialty accounts…