Adidas AG reported a narrower net loss in its fourth quarter, benefiting from sharply lower goodwill impairment charges, as well as higher net sales. Currency-neutral sales rose 12 percent in the period but only 3 percent on a recorded basis. Adidas also
Category: Outdoor
Kickstarter Surpasses $1 Billion in Pledges
Kickstarter said it surpassed $1 billion in pledges on March 3. The crowdfunding site has been used by dozens of entrepreneurs in the sporting goods space to launch new products and even companies and is now commonly used as a product development tool tha
NBS Partners with NSSF to Provide the Best Protection for Its Members
Nation's Best Sports (NBS) has partnered with the National Shooting Sports Foundation (NSSF) to provide NSSF's Premium Retailer Membership to the firearms merchants who are members of this buying group…
Vermont Resorts Report Record Breaking February Visitation
Blessed with abundant snowfall and a strong base due to their snowmaking capacity, Vermont ski and snowboard resorts enjoyed a record breaking February holiday period, according to Ski Vermont…
Georgia Boot to Sponsor Lumberjack Series
Georgia Boot, the creator of the original logger boot, has agreed to become a presenting sponsor and the official work boot of the Stihl Timbersports Series beginning with the 2014 season…
Report: Under Armour to Open Store in Georgetown
Under Armour plans to open a a store in Georgetown, according to a report in the Washington Business Journal. The Brand House outpost is expected to open at the corner of M Street and Wisconsin Avenue…
SFIA National Health Through Fitness Day Garners Bipartisan Support
More than 130 Congressional meetings were held during the Sports & Fitness Industry Association’s (SFIA) 15th Annual National Health Through Fitness Day on Wednesday, March 5 to lobby for legislation that supports physical activity. Fifteen celebrit
Edwin Watts Partners with Golfweek
On the heels of Worldwide Golf’s recent acquisition of Edwin Watts Golf Shops, the company announced a partnership extension with Golfweek, whereby the specialty retailer will serve as the official presenting sponsor of the Golfweek Amateur Tour…
Jarden Expands Executive Leadership to Support Growth
Jarden Corporation has expanded its executive leadership team to support ongoing growth by bringing additional expertise, depth and proven talent to the senior management team…
The Outdoor Foundation Releases New Paddlesports Report
Participation in stand-up paddleboard grew by 400,000 to 1.5 million in the three years ended 2012, according to new research released Monday by The Outdoor Foundation and The Coleman Company, Inc. The report provides a detailed look at participation in k
Dorel’s Bike Segment Swings to Q4 Loss on Restructuring Charges
Dorel Industries reported its Recreational/Leisure Segment lost $5.4 million in the fourth quarter after taking mostly non-cash restructuring charges that reduced its overall earnings by nearly 43 percent. While the segment's revenues increased 8.3 p
Dorel’s Rec/Leisure Segment Swings to Q4 Loss
Dorel Industries reported that restructuring its $918- million-a-year bicycle business reduced its net income by about half, or $8.2 million, in the fourth quarter. The $13.5 million pre-tax restructuring charges and costs resulted in an operating loss of
Gander Mountain Coming To Southwest Charlotte
Gander Mountain plans to open a store in Southwest Charlotte in the late summer…
Study Identifies Metro Urban Cyclists as Potent Force
Metro urban bicyclists are more diverse, affluent and better educated than the average adult U.S. cyclist and significantly more inclined to buy their bikes from independent bike dealers than mass merchants, according to third annual American Bicyclist St
Bosch Signs on as Sea Otter Classic’s Ebike Sponsor
In a sign of rising U.S. ebike sales, Bosch eBike Systems has signed on as a the first “eBike Systems Sponsor” of the Sea Otter Classic. The sponsorship will provide Bosch with a highly visible platform to showcase 2014 model ebikes using an electrically
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