Rallye Group will guarantee a €30M ($40mm) capital raise for its Groupe Go Sport unit in the second quarter to accelerate its expansion. Groupe Go Sport, which reported a 7.6 percent increase in comp-store sales in the first quarter ended March 31,
Category: Outdoor
Sen. Shaheen, Rep. Reichert Honored by Outdoor Industry
A Democrat from New Hampshire and a Republican from Washington were honored in Washington D.C. last week with the Friend of the Outdoor Industry Award for their work defending federal conservation programs and proposing reforms that would reduce tariffs o
Tailwinds from Epic 2010/11 Helped Carry Ski Resorts Through Winter
Memories of winter 2010/11’s epic snow conditions helped carry North American ski resorts through a tough winter with relatively mild declines in occupancy, according to preliminary end-of-season data released by Denver-based Mountain Travel Researc
Adidas Appoints New Leaders for Latin America and France
The Adidas Group appointed new leaders for its business in Latin America and in France. André Maestrini, currently managing director Adidas Group France, has been named managing director Adidas Group Spanish Latin America, effective June 1. As previously
HanesBrands First Quarter Dragged Down by Imagewear Business
HanesBrands reported a net loss for the quarter of 27 cents per diluted share, compared with EPS of 49 cents in the year-ago first quarter. Net sales slipped 9 percent from a year ago at the company's Outerwear segment as growth at Champion and Gear
Cabela’s Contest Offers $2 Million in Cash to Incite Fishing
Cabela’s Incorporated began promoting Thursday its second annual Wanna Go Fishing for Millions? contest, which gives anglers a shot at up to $2 million in cash and more than $225,000 in additional prizes by catching tagged fish in select lakes acros
Veteran MLB Umpire Files Lawsuit Against Wilson
Veteran Major League Baseball (MLB) umpire Ed Hickox has filed a lawsuit in New York's State Supreme Court against Wilson Sporting Goods and Wilson’s parent company, Amer Sports Corporation of Finland, over injuries suffered as a result of an a
Specialized Bicycle Components Recalls Brake Levers
Specialized Bicycle Components Inc. recalled 600 bicycle brake levers shipped with bikes that retailed for $5,500 to $6,100 after learning the adjuster cap and brake cable can slide out of position and make the brakes non-operational, the U.S. Consumer Pr
Burton Exits Skateboard Hardgoods Business With Sale of DNA Distribution
Burton ended its investment in skateboard hardgoods last week by selling DNA Distribution to former skate athlete and current MTV show host Rob Dyrdek…
RECALL: 600 Specialized Bicycle Brake Levers
Specialized Bicycle Components Inc. recalled about 600 bicycle brake levers because the adjuster cap and brake cable can slide out of position and make the brakes non-operational, according to The U.S. Consumer Product Safety Commission. This can cause a
Bicycle Friendly Business Lists Grows to 412
More than 500,000 American employees now work at a Bicycle Friendly Business (BFB), according to the League of American Bicyclists, which announced 67 new BFBs. The advocacy group now counts 412 local businesses, government agencies and Fortune 500 compan
NSGA Announces First College Scholarship Recipients
The National Sporting Goods Association (NSGA) announced the 10 initial recipients in the association’s newly created NSGA College Scholarship Program. The program, which launched in late 2011, was created as an effort to help establish sporting goo
Mountain Khakis Names Dale Bard National Sales Manager
Mountain Khakis has hired Dale Bard as its national sales manager. Bard became well known in climbing circles in the 1970s for pioneering the dirt bag lifestyle around Yosemite, but has spent the decades since in leadership positions throughout the outdoo
High Sierra Sport Co. Names Sourcing and Creative Chiefs
High Sierra Sport Company promoted Jack Rohrbach to the position of vice president of global sourcing and appointed Kurt Moriwaki as creative director…
OIA Honors Members of Congress for Supporting Outdoor Recreation Industry
Outdoor Industry Association (OIA) presented the 2012 Friend of the Outdoor Industry Award Wednesday to Sen. Jeanne Shaheen (D-NH) and Rep. Dave Reichert (R-WA-8). OIA recognizes members of Congress and administration officials for their leadership in sup
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