Stein-Mart Moves to Profit Despite Comps Slip

Stein-Mart, Inc. reported for the 13-week second quarter of 2009, the company's net earnings were $1.5 million, or 4 cents per share as compared to a net loss of $8.0 million, or 19 cents per share in 2008…

U.S. Bicycle Route System Gains Grants

Adventure Cycling Association announced three new grants in support of the organization's work to establish an official United States Bicycle Route System (USBRS). The grants will enable Adventure Cycling to continue its organizing and cartographic w

Everlast Renews USA Boxing Sponsorship

Everlast Worldwide, Inc., has signed on as USA Boxing’s official equipment and apparel sponsor, extending their current agreement, which previously covered only USA Boxing’s equipment needs…

Urban Outfitters Beat Q2 Profit Estimates; Comps Slide 3%

Urban Outfitters, Inc., which operates under the Anthropologie, Free People, Terrain and Urban Outfitters brands, announced earnings of $49 million and $80 million for the three and six months ended July 31, 2009, respectively. Earnings per diluted share

Cabela’s Credit Card Business Weakens

According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose

The Paddlesports Trade Show Debate Updated

Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09

Rock Climbing Injuries Increase as Sport Gains Popularity

With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o

Mountain Hardwear Opens Store in Tokyo

Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…

New Era Cap Acquires 5th and Ocean

New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were

Nike Names Allaker Umbro President

Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…