Descente North America has hired several independent sales reps in an ongoing effort to build a comprehensive rep force for its Cycling division…
Category: Outdoor
Pyranha Names New U.S. Executive, Splits from Feel Free Kayak
Pyranha has chosen Brian Day to head its U.S. operations and will split from Feel Free Kayaks in July so it can focus on serving specialty dealers carrying its Pyranha, P&H and Venture kayaks…
The Left Shoe Opens First U.S. Store
The Left Shoe company, a made-to-measure luxury footwear brand and accessories retailer, opened its first American flagship store in Los Angeles. The 1,700 square foot store…
Surftech LLC Sells Minority Stake to Long-Time OEM Partner in Thailand
Surftech LLC has agreed to sell a minority stake to Cobra International Co. Ltd, its long-time manufacturing partner in Thailand in a move that will provide it preferred access to one of the world’s largest manufacturers of composite watercraft amid
REI Kills Life-time Return Policy, Citing Uptick in Returns of Dated Merchandise
Internal inconsistency and the growth of social media likely contributed to an uptick in product returns at Recreational Equipment Inc. that prompted the retailer to kill its lifetime return policy last week…
Cabela’s On Track to Offer Store-to-Door Fulfillment in Q4
Cabela’s Inc. is on track to offer store-to-door deliveries in the fourth quarter, CEO Tommy Millner said at the company’s annual shareholder meeting…
Vail Resorts’ Retail Margins Deteriorate in Third Quarter
Vail Resorts Inc. reported disappointing results at its retail/rental operations in the third quarter despite comp store growth of 7.4 percent due to a higher mix of sales from lower margin urban stores…
RSG Snaps Up Boulder Running Co.
Running Specialty Group (RSG), the joint partnership between The Finish Line and Gart Capital Partners, last week acquired one of the crown jewels of the U.S. run specialty channel, Boulder Running Company. Terms were not disclosed…
Under Armour Expects to Hit $4 Billion by 2016
Bringing Tom Brady along to augment the message, Under Armour Inc. delivered a loud proclamation on its growth prospects last week at its 2013 Investor Day event in Baltimore. Officials predicted revenues would reach $4 billion by 2016, more than double 2
Billabong Takeover Talks End, Explores Asset Sales
Billabong International revealed that it had failed to reach a takeover deal with either of its two U.S. private equity suitors. But the Australian surf giant indicated that it is close to a refinancing deal that could save the company and it was now expl
Quiksilver’s Losses Widen in Q2
Particularly hurt by soft sales in Europe and steep markdowns to clear DC Shoes’ inventory, Quiksilver Inc.’s losses swelled in the second quarter ended April 30…
Adidas DryDye Fabric Production Hits 1 Million Yards
Adidas Group has already produced 1 million yards of fabric using the DryDye technology it introduced in 2012, the company reported in a blog post about its global material summit…
The Buckle’s May Comps Rise 4.1 Percent
The Buckle, Inc. announced that comparable store net sales for the four-week period ended June 1 increased 4.1 percent…
Jarden to Offer $250 Million in Notes
Jarden Corporation announced that it intends to offer $250 million in aggregate principal amount of senior subordinated convertible notes due 2019 in a private offering to institutional buyers…
RECALL: 2,500 Dive Signaling Devices
Ideations DiveAlert of Seattle, WA is recalling about 2,500 U.S.-made DiveAlert and DiveAlert Plus signaling devices that can can malfunction when used and restrict the diver’s air flow, posing a drowning hazard…