Sherbrook SBK Sport Corp. is withdrawing its private placement initiated Sept. 8, “due to the current condition of the financial market.”…
Author: Charlie Lunan
Blacks Leisure Margins Plunge Amid First Half Inventory Liquidation
Blacks Leisure Group LLC of the United Kingdom reported a loss before tax from continuing operations of £16.0 million ($26 mm) during the 26 week period ended Aug. 27, compared to £7.2 million ($11 mm)in the first half of 2010. The growing losses reflecte
West Marine Grows Store Segment 4.1 Percent in Third Quarter
West Marine, Inc. reported net revenues for the 13 weeks ended Oct. 1 reached $180.3 million, up 4.5 percent from the year earlier period. Revenues in the Stores segment rose 4.1 percent to $163.8 million, while comparable store sales grew 3.9% versus the
Cabela’s Sells $300 Million in Notes
Cabela’s Inc. said it was able to sell $50 million more in notes than initially planned at lower interest rates than just four months ago. The retailer will use the $300 million in proceeds from its latest securitization transaction to refinance ass
Equip Closes $33 Million Lowe Alpine Acquisition
Equip Outdoor Technologies Ltd. said it closed on its £20 million ($33 mm) purchase of Lowe Alpine, a 44-year-old brand that had been withering under Italian ownership. Matrix Private Equity Partners, which helped finance the acquisition, has taken a mino
SCARPA Hires Velocity Sales as Rep Agency in New England
SCARPA North America has hired Velocity Sales to represent the SCARPA brand in New Hampshire, Vermont, Massachusetts, Maine, Connecticut and Rhode Island…
Compass Diversified Secures $515 Million in New Debt Financing
Compass Diversified Holdings, which owns Fox Racing Shox and CamelBak, continues to build its war chest. The diversified holding company said it secured $515 million in new debt financing to expand its existing businesses and finance acquisitions. The iss
Retailers Urge Obama Administration to Junk Yarn Forward Rule in TPP Talks
The National Retail Federation welcomed a bipartisan letter from members of the House asking U.S. Trade Representative Ron Kirk not to adopt the yarn forward rule in the textiles and apparel section of the Trans-Pacific Partnership trade agreement current
Trips for Kids Welcomes First Government Run Chapters
Trips for Kids National had welcome its first local chapter organized and run by government entities in California. The new chapters were formed by the Desert Recreation District (DRD) in Indio and the Buellton Park and Recreation Department…
Program Will Pair College Outdoor Clubs with Urban High Schools
Outdoor Nation is launching its Campus Club program, a national initiative that will expand the collegiate outdoor club model into high schools. College students will be charged with introducing younger peers to ‘close to home’ outdoor experie
The Trail Head of Missoula Joins Grassroots Outdoor Alliance
The Trail Head in Missoula, MT has become the newest retail member of the Grassroots Outdoor Alliance, a trade association focused on helping independent specialty retailers.
American Hiking Society to Accept Trail Grants Beginning Nov. 1
American Hiking Society will begin accepting applications for the 2012 National Trails Fund on Nov. 1, 2011. AHS is a non-profit that is dedicated to promoting and protecting foot trails and the hiking experience and provides support to grassroots trail o
Jarden Outdoor Q3 Sales Rise 17 Percent
Jarden Corporation announced that net sales at its Outdoor Solutions segment, which sells everything from Coleman camping products and Volkl skis to Rawlings gear for ball sports, reached $707.3 million for the three months ended Sept. 30, 2011. That repr
A.T. Cross Optical Group Sales Up 19.6 Percent in Third Quarter
A.T. Cross Company said its Cross Optical Group (COG), which owns the Costa and Native Eyewear sunglass brands, generated sales of $18.0 million in the third quartered ended Oct. 1, up 19.6 percent increase compared to last year…
Rocky Brands Grows Q3 Profits 11 Percent on Declining Sales
Rocky Brands, Inc. reported better earnings on lower sales despite slipping margins in the third quarter as its military sales dropped, its wholesale sales flatlined and a licensing deal with Dickies expired…
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