Chinese sports brand Li Ning will test the U.S. market with its first retail outlet outside of Asia by opening a store next month in Nike's backyard, the company disclosed…
Author: SGB Media
Nautilus Sells Portion of Commercial Assets
Nautilus, Inc. has entered into definitive agreements for the sale of certain assets of its commercial business to Fit Dragon International Ltd. for $12.3 million. The company had previously announced its intention to divest itself of its commercial busin
JoesSports.com Finds Investor
UFA Co-operative Ltd., the Canadian firm that acquired 15 Sportsman's Warehouse stores last year, bought the domain names for JoesSports.com and GIJoes.com in bankruptcy court two months ago and has quietly been operating the joessports.com e-commerc
SGMA Supports Ball Tariff Relief
The Sporting Goods Manufacturers Association (SGMA) said it is aggressively supporting the extension of duty suspension bills on basketballs and volleyballs…
SIA: Early Winter Weather Kick-Starts Snow Sports Sales for 2009-2010 Season
Winter sports sales rose 12% in units and 10% in dollars to $520 million for the season-to-date period from August through October compared to the same period in 2008, according to the latest Retail Audit Report from SnowSports Industries America…
AFFTA Hopes to Lure Partner for Fly Fishing Show
Even as its members are pursued by two larger trade shows, the board of directors for the American Fly Fishing Trade Association remains determined to organize its own, independent show for next summer…
Vail Resorts See Season Pass Sales Jump
Vail Resorts, Inc. reported a wider fiscal first quarter loss as total revenues fell 47.1% for the period ended Oct. 31 on the timing of various real estate transactions. The profitability issues on the Real Estate business offset an improvement in the E
Sports Direct Ups Outlook on Stronger First Half Sales
Sports Direct International Plc fiscal first half revenue increased 10.0% to £756.9 million ($1.24 bn) from £687.8 million ($1.12 bn) in the prior year. Operating profit advanced to £31.4 million ($51.3 mm) from £20.5 million ($33.5 mm)…
DPMS Founder and President Retires
DPMS Firearms has announced the retirement of its president and founder, Randy Luth, effective Monday, Dec. 14, 2009. Originally founded as Defense Procurement Manufacturing Services (D.P.M.S.), Luth built DPMS from a garage-based parts company into what
Greg Easton Promoted to President of Easton Companies
Jim Easton, Chairman and CEO of Jas.D.Easton, Inc. (JDE), announced the promotion of Greg Easton to President of JDE. As JDE President, Greg will be responsible for the development of the corporate strategic plans, management review of all subsidiary oper
NRA: U.S. House Approves Transporting Firearms in Checked Luggage on Amtrak
On Dec. 10, the U.S. House of Representatives approved an NRA-backed amendment, introduced by U.S. Senator Roger Wicker (R-Miss.), to allow Amtrak travelers to transport firearms in checked baggage where checked baggage service is available…
New Survey Shows What Factors Influence Hunters And Anglers Purchasing Decisions
A November 2009 survey revealed more than half of anglers and hunters base their purchasing decisions on brand loyalty. According to HunterSurvey.com and AnglerSurvey.com, 53.8% of hunters and 51.6% of anglers agreed they prefer continuing their use of th
ASI Acquires Oval Concepts
Advanced Sports, Inc., the parent company of Fuji and Kestrel bicycles, has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for its patented JetStream and SCCS technology. Silver Steep Partners served as
Hanesbrands Refinances; Reaffirms 2010 Guidance
Hanesbrands Inc. reaffirmed its 2010 outlook for approximately $200 million in additional sales from net shelf-space gains and said it completed a growth-focused debt refinancing that enables the company to simultaneously reduce leverage and consider acqu
UST Mamiya Retains PR, Media Services Firm
UST Mamiya, a manufacturer of graphite golf-club shafts, said it has retained Buffalo Communications to provide publicity and media-relations services…
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