Accell Group N.V., one of Europe's largest makers and sellers of bicycles, reported that sales rose 9 percent to €373 million ($480.3mm) compared with €342.4 million in the first half of 2010. Net profit rose by 13% to €27.3 millio
Author: Charlie Lunan
Jack Wolfskin Acquired by Blackstone Group
Blackstone, the multi-billion investment company, agreed to acquire Jack Wolfskin GmbH & Co KGaA from Quadriga Capital and Barclays Private Equity. While the transaction is still subject to approval by the regulatory authorities, Blackstone named a former
REI Donates $20,000 to Appalachian Trail Conservancy
REI awarded the Appalachian Trail Conservancy (ATC) a $20,000 grant, which will go towards recruiting and training Appalachian Trail Community Ambassadors, in support of the Appalachian Trail Community program…
$214M in Small Business Lending Funds Disbursed to Banks
The U.S. Department of the Treasury has distributed another $214 million from the Small Business Lending Fund (SBLF), which aims to spur small busines lending by banks holding less than $10 billion in assets. The faster the 17 banks lend out the money, th
Teko Hires Wasatch Reps
Teko Socks announced today the hire of Wasatch Reps for sales representation in the Extended Rocky Mountain region, which includes Utah, New Mexico, Colorado, Wyoming, Idaho and Montana…
Roanoke, VA. Continues Push for Outdoor Businesses
The Roanoke Region in Virginia compares favorably to such outdoor destinations as Asheville, NC; Chattanooga, TN and Boulder, CO when it comes to outdoor recreational amenities, according to a study released by the Roanoke Regional Partnership. The Roanok
Outdoor Retailer Urges Buyers to Use Online Planner and Mobile App
Outdoor Retailer Summer Market reminds retailers to check out the online tools its provided to help them navigate the labyrinthine Salt Palace next month and get the most out of their show. Even if you've already made your appointments, you can enter
National Park Microsite Built in Vancover, Canada
Using a $100,000 grant from ING Direct as well as money from the local school board and parks and rec department and Parls Canada, volunteers built Canada's fourth natural playground at an elementary school in Vancouver Wednesday. The 10,000-square-f
Gear for Sports Continues to Power Hanesbrand’s Growth
Hanesbrand said sales in its Outerwear segment increased 26 percent in the second quarter, with 23 percentage points of the gain coming from Gear For Sports. Segment operating profits more than doubled…
OIWC Kicks Off Advocacy Program Aimed at Gender Equality
The 1,500-strong Outdoor Industries Women's Coalition has kicked off its new Advocacy Program, marking its transition from a support group to a group advocating for change in the outdoor, snowsports and cycling industries. It will focus on identifyin
Sports Chalet Changes Venue for Olberz Memorial Service
Sport Chalet has changed venues for Friday's memorial service for its founder Norbert Olberz due to overwhelming response. The memorial service will now start at noon Friday July 22 and be held at…
OR’s Open Air Demo to Feature 150 Vendors, New Events
More than 150 brands – up 50 percent from last year – will exhibit at the Outdoor Retailer Open Air Demo 2011 (OAD)Aug. 3 at Jordanelle State Park in Park City, UT for a day of product testing and events. Retailers are invited to compete in a host of adve
Skullcandy IPO Reaps $188 Million
Skullcandy raised $188 million in its IPO Wednesday, when it issued one million more shares than planned at higher prices than expected. Still, the stock closed at $20 when trading stopped, below its initial price of $23 a share…
Conservation Alliance to Vote on $500,000 in Grants at OR
The Conservation Alliance will hold a one-hour seminar at the upcoming Outdoor Retailer trade show to provide members with detailed information about the projects under review for the organization’s Summer 2011 funding cycle. For the Summer 2011 cyc
Katadyn NA Names New Marketing Communications Manager
Katadyn North America is pleased to announce the addition of Tracy Parker as marketing communications manager, the position formerly held by Kristin Bendt. Parker will focus on improving sales tools for retailers and coordinating public relations and adv