The Sport Footwear sales trend accelerated again in the last week of the eight-week back-to-school (BTS) season tracked by SportScanInfo, netting growth closer to the YTD and trailing 52-week periods…
Category: Outdoor
Tern Raises $4.3M to Ramp Up Production of Folding Bikes
Folding bike maker Tern announced it raised $4.3 million from private equity investors. The Taipei, Taiwan-based company will use the funds to accelerate its global expansion and ramp up investments in product development…
Pendleton Woolen Mills Explores Global Growth Opportunities
Pendleton Woolen Mills has hired brand consultant Meriwether Group to explore growth opportunities for the iconic brand, which is among a handful of companies still weaving wool fabrics in the United States…
Newly Public Fox Factory Sees Growth Slowing in Back Half
Fox Factory Holding Corp. issued its first guidance as a publicly traded company last week by forecasting sales growth would slow in the back half of the year…
Woolrich Named Grassroots Vendor Partner
Woolrich has been admitted as the newest Vendor Partner by Grassroots Outdoor Alliance, which provides purchasing and other services for 45 premier outdoor specialty retailers that operate nearly 100 locations across the U.S…
Surf Expo Sets Attendance Record
Surf Expo September 2013 hosted a record number of buyers, according to the shows organizers. More than 8,000 buyers from 50 states and 69 countries converged on the Orange County Convention Center in Orlando, FL Sept. 6-8, setting an all-time attendance
Johnson Outdoors Shifts to Cash Flow-based Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new cash-flow based loan agreement with significantly fewer financial covenants and simplified reporting requirements compared to the company's previous asset-based revolving credit
RECALL: 6,600 Shimano Disc Brake Calipers
Shimano American Corp. of Irvine, CA has recalled about 6,600 disc brake calipers because they can fail and create a collision hazard, although no injuries have been reported…
Adidas Lowers FY Outlook Again
Adidas Group lowered its guidance for the year due to a further weakening of several currencies, distribution problems in Russia and ongoing softness in golf. The company, which owns Adidas, Reebok and TaylorMade, now expects a low-single-digit currency-n
Ralph Lauren Corp. to Create an Office of the Chairman
Ralph Lauren Corporation announced plans to introduce changes to its leadership team and to create an office of the chairman, led by Ralph Lauren, chairman and chief executive officer (CEO) of the company, and including Roger Farah, Jackwyn Nemerov and Ch
The Clymb, Clif Bar Named to Best Places to Work List
The Clymb, the Portland, OR-based private sales site that specializes in selling outdoor and active lifestyle gear, apparel and adventure travel, ranked 11th on the 2013 Best Small Workplaces List compiled by the Great Place to Work Institute. Clif Bar ra
RSI Magazine to be Renamed to Tennis Magazine
Racquet Sports Industry (RSI), the world’s largest tennis trade magazine, has announced it is changing its name to Tennis Industry (TI), going back to the publication’s original name after 10 years. The new name, along with a redesign, will de
Connor Sport Court Partners with FIBA
FIBA (International Basketball Federation) selected US based Connor Sport Court International as its ‘Official Technical Supplier’ of custom courts for the 2014 FIBA Basketball World Cup. This marks the first time a US based flooring manufactu
Johnson Outdoors Replaces Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new streamlined capital structure that it expects will reduce annual borrowing costs.
Reebok Partners with Les Mills
Reebok and fitness programmer, Les Mills, have announced a new partnership. To mark their alliance, a short film – ‘Revolution’ – which celebrates the evolution of studio fitness, is being released…
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