Razor USA LLC is recalling about 30,000 Dirt Quad electric powered ride-on vehicles. The control module for the throttle can fail and cause the electric ride-on vehicle to unexpectedly surge forward, posing a risk of injury to the user or a bystander…
Category: Apparel
Nike’s Q1 Revenues Jump 17%; Future Orders Up 10%
Nike Inc. reported first-quarter revenues grew 17% to $5.4 billion, compared to $4.7 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 7 percentage points for the quarter. Worldwide futures orders for at
RECALL: Igloo Coolers
Igloo Products Corp. has voluntarily recalled about 7,200 coolers because sharp latch edges could cut consumers, the U.S. Consumer Product Safety Commission said Wednesday. The agency said Igloo received eight reports of consumers getting cuts that requir
REI Workshops Seek to Drive Women’s Outerwear Sales
W.L. Gore & Associates and six top outdoor brands have partnered with REI to drive women's outerwear sales at the co-op's stores starting this weekend. REI will offer one-hour workshops on how to dress for the outdoors. Participants will get a c
Phoenix Footwear Names New CFO
Phoenix Footwear Group, Inc., a multi-brand footwear and accessories company, announced today that it has named P. Douglas Ford as its Chief Financial Officer, effective immediately. Scott Sporrer, who served as Phoenix Footwear's Interim CFO since O
Conservation Alliance Lobbies Congress on Public Lands
Representatives from The North Face, Osprey, The Forest Group, and The Conservation Alliance spent two days lobbying Congress last week to support a bill that includes more than 150 public lands bills. The proposal could go to the Senate floor for a vote
Skram Media to Acquire Mountain Gazette Properties
Skram Media has reached an agreement to purchase the Mountain Gazette from GSM Media, LLC, of Paonia, CO, a deal that will expand its reach to 350,000 mountain sports enthusiasts. Skram Media will also own the magazine’s website, mountaingazette.com. Skra
Steve and Barry’s to Close 103 Doors
Steve & Barry's, which is currently in the midst of bankruptcy proceedings, plans to close 103 stores. The Port Washington, N.Y. based retailer will operate with a smaller base of 173 stores, which the company said would better position it to reach p
GSI, Timberland Take $7 mm Hit
A federal judge has granted preliminary approval to a $7 million settlement submitted by GSI Commerce Inc., Timberland and a Florida wireless carrier to settle allegations they sent unsolicited advertisements for Timberland products via text messaging in
Amer Sports Sees Tough Q4 Ahead
Amer Sports could see a “challenging” fourth quarter as economic problems from the United States spill over into Europe, a senior company official said. “There are signs of weakening macro economy also in Europe,” said company spokesperson Pekka Paalanne.
Investors Turn to Outdoor Stocks in Tough Times
The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the outdoor industry did fare better than the market as a whole and many other s
Eastern Mountain Sports Sponsors Conservation Festival
Eastern Mountain Sports plans to host “The Nor’easter powered by Eastern Mountain Sports” Sept. 26-28. The weekend festival will feature rock climbing competitions and clinics along with music from Rustic Overtones and Adam Ezra, among others…
Neville to Become CEO of Boathouse Sports
Shawn Neville, former president of Keds, has agreed to join Boathouse Sports, the performance-fabric team uniforms manufacturer, as its CEO, SportsOneSource has learned. The company, based in Philadelphia, currently produces team uniforms for eight sport
TJX Companies Sells Bob’s Stores
The TJX Companies, Inc. reported it has sold Bob’s Stores to private equity firms Versa Capital Management and Crystal Capital. Terms of the sale were not disclosed….
Wolverine Celebrates 125 Years
Wolverine, the outdoor brand, is celebrating its 125th anniversary in 2008. To commemorate such a momentous year, Wolverine will be holding an anniversary sweepstakes. From Sept. 20, 2008 to Nov. 29, 2008, Wolverine patrons can enter to win prizes includi
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