More than half (55%) of Americans reduced their spending on apparel and footwear in the last 12 months, while 36% have switched to less expensive brands, according to the latest annual survey of 2,000 consumers by global management consulting firm, Booz &
Author: Charlie Lunan
Dry, Warm October Reduces YOY Outdoor Product Sales 5.5%
Feeling the impact from the driest, warmest October in 18 years, outdoor product sales dipped 5.5% in October as most retailers sat on cold-weather footwear and apparel, according to retail point-of-sale data compiled by SportScanInfo for OIA VantagePoint
Polar Bottle Selling Direct Online
Product Architects, Inc., maker of the Polar Bottle, launched an online store on its website to provide a direct sales outlet for its water bottles. Customers can opt to monogram certain bottle styles, or order custom bottles for their businesses, schools
GoLite Footwear Gets Distributor for Austrailia and New Zealand
GoLite Footwear has chosen Pacific Leisure (Australia) Pty Ltd as its exclusive distributor for Australia and New Zealand. The company helped build the Prince tennis, Rollerblade and Nordica ski brands and established the Merrell and Mizuno footwear brand
Accell Buying into Turkish and Italian Markets
European bicycling giant Accell Group N.V. has agreed to acquire all outstanding shares in Bianchi Bisiklet A.S. (Turkey), which also includes a 50% participation in the well-known Italian company Atala. The companies generate about $61 million a year thr
GE Allows Customers to Brand eVent as Their Own
GE is making its eVent Fabrics collection of waterproof-breathable fabrics available for customers to brand as their own. The strategy marks a reversal from GE's earlier approach, which was to compete directly against W.L. Gore & Associates Gore-Tex
Performance, Crankbrothers Organize Wheels4Life Auction
Performance Bicycle and Crankbrothers are auctioning off a high-end line of custom-built mountain bikes valued at $5,000 each to raise money fo9r Wheels4Life, a non-profit that distributes free bicycles to remote villages in the developing worlds…
Brooks to Use Gore-Tex in New Running Line
W.L. Gore & Associates is collaborating with Brooks Sports, Inc. to create a range of new Gore-Tex running shoes for Fall 2011. Gore will supply its Gore-Tex know-how to Brooks’ seasonal portfolio to enhance the comfort and protection performance of
Discounts Boosting Ski Resort Bookings
Bookings and room rates at western mountain resorts continued to improve in October, but overall occupancy and rates continues to lag significantly behind their level of two years ago, according to data released by the Mountain Travel Research Program (MT
RECALL: Giant Anthem X 29ers
Giant Bicycle Inc. of Newbury Park, CA. has recalled about 370 Giant Anthem X 29ers because their frames can crack at the junction of the seat post and top tube, according to the U.S. Consumer Product Safety Commission…
Rugged Bear Names William End to Board
William End, who played key roles in helping L.L. Bean, Eddie Bauer and Lands' End go national, has been named to the board of directors at The Rugged Bear Company…
Thermos to Make Bottles for Under Armour
Thermos is partnering with Under Armour to create a line of BPA-free, co-branded and insulated bottles that will be available beginning in May 2011 at sporting goods retailers nationwide…
Congress Unlikely to Move on IP Issues
Complex legislation on intellectual property is unlikely in coming years because the new Congress is going after major issues which define their own parties, a Washington lobbyist concluded in a roundtable on the impact of last week’s elections held
Fox Factory Parent Offers 4.3M Shares
Compass Diversified Holdings priced its public offering of up to 4.9 million shares at $16.90 per share, which could raise as much as $69.0 million for the parent of Fox Factory, Inc….
Head N.V. Revenues Up 5.7% in First Nine Months
Head N.V., owner of the Head, Penn and Mares/Dacor brands, reported total net revenues reached €218.4m ($287.6 mm) in the nine months ended Sept. 30, up €11.7 million ($15.4 mm), or 5.7% from the comparable 2009 period. The increase was mainly
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