Wenger, the maker of the Swiss Army knife, opened its first U.S. store, in Boulder, CO. The 3,000-square-foot store will open in April and sell Wenger's new line of technical footwear; tents, sleeping bags and backpacks…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Three Aldila Directors Resign
Three directors of Aldila Inc. have resigned as part of the golf shaft maker's efforts to reduce expenses, according to a filing with the Securities & Exchange Commission. Andrew Leitch, Bryant Riley and Michael Sheldon resigned on February 23…
Gill Athletics and USA Track and Field Partner on Coach Award
Gill Athletics, the track & field equipment manufacturer, and USA Track & Field (USATF) announced a new Gill Athletics National High School Track & Field Coach of the Year Award. The inaugural honor will recognize one high school girls' program track
MBT’s U.S. Headquarters Moving to Portmouth, NH
Masai footwear, the parent of MBT footwear, is moving its U.S. headquarters from Sun Valley, ID, to larger office space in Portsmouth, NH…
West 49 Announces New Credit Facility
West 49 Inc., the Canadian action sports chain, has received a new senior secured asset-based credit facility from the Bank of Montreal. The three-year, Canadian$25 million (U.S. $23.7 mm) committed ABL Facility is structured for financing general operati
Invista Launches Anti-Counterfeit Campaign
Invista said it is taking a stance against trademark misuse on behalf of its brands. The owner of the Lycra fiber brand is launching an advertising campaign to reinforce the importance of protecting the value of its trademarks…
Obenchain Stepping Down from OIA
Ann Obenchain is stepping down as VP of member services and marketing for Outdoor Industry Association (OIA). She is taking a job as director of marketing and development at Colorado Chautauqua Association…
Crocs Wins Appeal in Patent Case Over Shoe Design
A federal appeals' court overturned a 2008 U.S. International Trade Commission ruling that rejected Crocs Inc.'s claims of patent infringement against shoe makers who sold knock-off versions of the company's foam clogs…
Play It Again Parent Swings to Q4 Profit
Winmark Corp., the parent of Play It Again Sports, earned $1.46 million, or 28 cents per share, in the fourth quarter ended Dec. 26, versus a loss of $2.08 million, or 38 cents per share, for the same quarter a year before…
FGX International Sees 5% Q4 Revenue Gain
FGX International, the maker of glasses and sunglasses under such names as Foster Grant and Gargoyles, reoported sales increased 5% to $64.7 million from $61.8 million in the fourth quarter of 2008…
A.T. Cross Reports 5.3% Q4 Sales Decline
A.T. Cross Co., the parent of Native Eyewear, reported sales declined 5.3% in the fourth quarter to $39.5 million from $41.7 million a year ago. Sales in its Cross Optical segment rose 0.7% to 9.4 million, driven by continued growth of the Costa brand. Sa
Finish Line Youth Foundation Announces New Board Members
The Finish Line Youth Foundation, a not-for-profit organization that provides financial support for community-based youth athletic programs and camps for disadvantaged and special needs children across the United States, elected six new members to its Boa
Iconix’s Q4 Bolstered by Wal-Mart Athletic Rollout
Iconix Brand Group. reported Q4 sales jumped 21% to $65.8 million, boosted by the rollout of its sports brands in licensing deals to Wal-Mart and its acquisition of Mark Ecko Enterprises, which includes Zoo York. Earnings rose 28.8% to $19.7 million, or 2
Sturm, Ruger Reports 9.2% Q4 Revenue Increase
Sturm, Ruger & Company, Inc. reported sales rose 9.2% in the fourth quarter to $63.9 million from $58.5 million. Earnings climbed to $1.44 a share from 43 cents a year ago…
Pacific Brands Returns to the Black
Pacific Brands Ltd. reported a profit of Australia $22.2 million (U.S. $20 million) in the six months ended December 31 versus a loss of A$150 million a year earlier. Sales fell 7.8% to A$960.8 million ($853.7 million)…