Despite an abundance of negative economic news on the stock market, unemployment and consumer confidence, travel indicators remain surprisingly strong, according to the California Travel & Tourism Commission…
Author: Charlie Lunan
Derby Cycle Deems Accell Group’s Share Purchase Hostile
The management board of Derby Cycle AG said it views the Accell Group's Aug. 31 announcement that it has accumulated 22 percent of Derby Cycle's stock as a signal that the Dutch company has mounted a hostile bid to takeover of the newly public
National Public Lands Day Coming Sept. 24
Eight federal agencies, nonprofits and state, regional and local governments will participate Sept. 24 in National Public Lands, the nation’s largest, single-day volunteer event for public lands. In exchange for maintaining trails, removing invasive
The Buckle Reports 8.3 Percent August Comps Growth
The Buckle, Inc.'s comparable store net sales for the four-week period ended Aug. 27, 2011 increased 8.3 percent from comparable store net sales for the four-week period ended Aug. 28, 2010. Net sales for the four-week period increased 11.9 percent t
Mainland Headwear Says Rising Costs, Bad Debt Undercut 23 Percent 1H Sales Growth
Mainland Headwear Holdings Limited, a major Chinese manufacturer of headwear that holds the Lids license for Asia, reported sales rose 23 percent to HK$360.5 million ($46 mm)in the six months ended June 30. However, rising costs and bad debts in China as
Teko Socks Names Erickson as Alaska Rep
Teko Socks named Brian Erickson as its rep in Alaska, effective immediately…
Atomic USA Names Nordic Reps for New England
Atomic USA hired Bob Collins and Drew Gelinas as Nordic sales representatives for northern New England…
Protect Our Winters Expands Board of Directors
Protect Our Winters (POW) has added four new members to its board of directors. POW is a non-profit that was founded in 2007 by pro snowboarder Jeremy Jones, focused on uniting and mobilizing the winter sports community against climate change…
Treasury Delivers Capital to 50 More Community Banks
The U.S. Department of the Treasury announced that an additional 50 community banks across the country received a total of $767 million as part of the next wave of funding provided through the Small Business Lending Fund (SBLF). The SBLF encourages commun
Kantar Retail: August Comps Steady Despite Irene
Retail same-store sales held steady with a 4.9% gain in August as retailers reported mostly solid back-to-school results at the same time sales were hurt by the impact of Hurricane Irene and weaker spending plans by shoppers, according to Kantar Retail…
La Sportiva Completes Warehouse Expansion
La Sportiva N.A. has completed its newly expanded distribution warehouse space in Boulder, CO…
Ibex Outdoor Clothing Names West Coast Reps
Officials from Ibex Outdoor Clothing hired Tom Caldwell and Marisa Klein of Great Pacific Sales as the company’s new West Coast sales reps covering California, Arizona, Nevada, and Hawaii…
RECALL: 20,000 Petzl GRIGRI 2 Belay Devices
Petzl America is voluntarily recalling about 18,000 GRIGRI 2 belay devices in the United States and 2,000 in Canada after customers noticed that excessive force on the handle can cause it to become stuck in the open position. No injuries have been reporte
Jack Wolfskin to Reenter Canadian Market Next Spring
Jack Wolfskin will return to the North American market next spring through a multi-year distribution agreement with Double J Fashion Group Inc of Montreal. The partners plan to open 100 doors in the next three years, including Jack Wolfskin franchise stor
Accell Ups Stake in Derby Cycle AG to 22 Percent
Accell Group said it will increase its minority stake in newly public Derby Cycle AG to approximately 22 percent. Accell Group has acquired shares through the stock exchange thereby taking advantage of the recent lower share price levels.
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