Black Leisure Group posted a 10.1% decrease in sales at its Boardwear division revenue for the financial year ended February 28, contributing to the U.K. retailer’s 9.1% drop consolidated revenues for its fiscal year. Total revenue for the year was £267.6
Author: sportsoneauthor
Latest OIA Survey Depicts a Cautious Industry
In a survey released last week by Outdoor Industry Association, small businesses reported they have lowered revenue expectations, reduced inventory levels, and believe their businesses will rebound later than they expected last fall…
NSGA: Used Sports Equipment Purchases Fall Below $1 Billion
Consumers purchased $969 million in used sporting goods equipment in 2008, according to NSGA’s “Purchases of Used Sports Equipment in 2008” report. This total is noticeably less than it has been in recent history – the report had found that the used sport
Recall: REI Bicycles
Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz
First National Running Day Sees Strong Start
Largely driven by grassroots efforts across the country, the inaugural launch of National Running Day on June 3 appears to have delivered a fairly strong turnout. The website dedicated to the event, www.runningday.org, listed 198 formal events planned aro
Tactical Holdings Acquires Massif Mountain Gear
Tactical Holdings and its equity partner, Golden Gate Capital, late last week completed an investment in Massif Mountain Gear Company. Massif manufactures and sells flame resistant performance technical apparel in the United States. Its primary customers
Collective Brand Sees Strength in Kids and Saucony; Retail Traffic Weaker
The Saucony brand delivered another quarter of double-digit growth for parent Collective Brands, Inc. and healthy sales in kids drove market share gains for both its Payless domestic and Stride Rite chains, butCollective continued to be challenged in its
Weaker May Retail May be Prelude to Tough Second Quarter
There may have been a few lonely bright spots twinkling through the haze of a languid May for retailers, but results were largely disappointing as the retail market made it clear to economists and analysts that any hints of recessional relief are just tha
G-III Sees Q1 Sales Up 54%, but Earnings Hurt by Wilsons
G-III Apparel Group, Ltd. saw net sales increase by 53.8% to $115.9 million for the fiscal first quarter ended April 30 from $75.4 million in the year-ago period. The company said the increase was driven by the addition of the Wilsons retail outlet stor
Golf Datatech: April Rounds Up 1.4%
The Golf Datatech National Golf Rounds Played report showed that in March, golf rounds played varied vastly between regions, with participation in the Mountain, East North Central, South Central and South Atlantic regions decreasing and participation incr
Remington Acquires Dakota Arms
Remington Arms Company, Inc. through its fully owned subsidiary DA Acquisitions LLC, has entered into a purchase agreement to acquire certain assets of Dakota Arms, LLC including the Dakota, Miller Arms, Dan Walter and Nesika Bay Precision brands…
Tactical Holdings Completes Investment in Massif Holdings
Tactical Holdings, a global provider of military and tactical footwear, and its equity partner, Golden Gate Capital, a San Francisco-based private equity firm with over $8 billion of capital under management, announced today that they completed an investm
Johnson Outdoors Paddlesports Names Backbone Media Agency of Record
Paddlesports manufacturer Johnson Outdoors has appointed Backbone Media as its new agency of record. Effective immediately, Backbone Media will assume all public relations duties for the Necky Kayaks, Ocean Kayak, Old Town Canoes & Kayaks, Carlisle Paddle
Coalition Urges Congress to Support USDA Conservation Programs
House and Senate Appropriations Committees to maintain mandatory spending levels for the U.S. Department of Agriculture conservation programs as authorized in the 2008 Farm Bill, the Theodore Roosevelt Conservation Partnership announced…
AcuSport adds Russian American Armory Firearms
AcuSport Corporation, a distributor of outdoor and shooting sports products in the nation, introduced Russian American Armory (RAA) to their line of shooting sports products. RAA is the manufacturer of the Saiga firearms line. These items, along with the