Nautilus Inc. said it has canceled plans to buy its largest contract manufacturer in Xiamen, China for $72 million in cash and stock. Nautilus said it likely will have to forfeit the $18.5 million nonrefundable deposit paid Land America Health & Fitness C
Category: Outdoor
Granger Intl. Gets bluesign Certification
The U.K.'s Granger International, which makes cleaners, waterproofing treatments and protective finishes for footwear, outerwear and outdoor equipment, has received bluesign certification. Founded in 2000 in Switzerland, bluesign certifies textile co
SmartWool Names Rep of the Year
After receiving feedback from more than 50 industry associates, SmartWool Corporation announced at the Outdoor Retailer winter market show in Salt Lake City, Utah, it had chosen Jenn Whitely as SmartWool Sales Rep of the Year. In the last year, Whitely�
Non-profit Raises 57% of Budget at Thrift Shop
Trips for Kids raised $325,000, or 57 percent of its operating expenses last year through its Re-Cyclery Bicycle Thrift Shop in downtown San Rafael, Calif, the non-profit said. More than 100 companies donated products to its Re-Cyclery Bicycle Thrift shop
December Snowsports Sales Hit $1 Billion
An updated SnowSports Industries America Retail Audit released during the SIA '08 show reveals that overall sales for the entire snow sport market totaled more than $1.9 billion in sales from August through December, indicating sales of more than $1
Majestic Might Move to Palmer Twp, PA
Majestic Athletic is looking into moving its headquarters to a new facility in Palmer Township in Pennsylvania to consolidate eight other locations. Majestic's current headquarters are in Washington Township, PA…
Nautilus Ends Shareholder Rights Plan
Nautilus, Inc. has terminated its Shareholder Rights Plan. Under the Plan, one right was distributed for each share of Nautilus common stock outstanding as of November 8, 2007. Effective the date of the Plan, any person or group acquiring 20% or more of t
Kellwood to Allow Shareholders to Decide on Sun Capital Deal
Kellwood Company intends to remove all impediments to the $21.00 per share cash tender offer made by an affiliate of Sun Capital Securities Group so that it can be consummated on February 12, 2008 if a majority of the shares are tendered. Kellwood will ap
New York and Chicago Receive $15,000 REI Grants for Cycling
New York City's Transportation Alternatives and the Chicagoland Bicycle Federation have been selected as the first recipients of REI/Bicycle Friendly Communities Grants of $15,000 each. This new grant fund, administered by the Bikes Belong Foundation
Yue Yuen Reports Strong Fiscal Year; Cautiously Optimistic on Year Ahead…
Yue Yuen Industrial Holdings may be one of the beneficiaries of the changes in China’s labor laws as the company picks up new customers and increases business with their base. The manufacturer of many of the largest athletic brands in the world, which ha
GSI Commerce Sees 23% Revenue Jump for 2007…
GSI Commerce, Inc. expects fiscal 2007 revenues to increase approximately 23% to a range of $748 million to $750 million, compared to $609.6 million for the prior year. Merchandise sales are expected to be approximately $1.68 billion to $1.69 billion, an
Teamsters Claim Discrimination at New Era D.C…
NAACP Chairman Julian Bond and Teamsters General President Jim Hoffa will call on Major League Baseball to intervene with New Era Cap to end discrimination and worker rights violations in the company's Mobile, AL distribution center. New Era is MLB&#
OIA and Outdoor Retailer Buddy Up in 15-Year Deal
Outdoor Industry Association and Nielsen Business Media, the parent company of the Outdoor Retailer tradeshow, seem to have put their differences behind them as the pair announced entering a 15-year strategic alliance. As part of the deal, Outdoor Retail
180s Fights Gordini over Patents…
180s has filed a federal lawsuit in Maryland against Gordini U.S.A., Inc. for infringement of two of the company’s patents related to wrap-behind-the-head ear warmer products. The suit charges Gordini with infringement of U.S. Patent No. 6,978,483 and U.
Acushnet Posts Double-Digit Q4 Sales Growth…
Fortune Brands’ Acushnet Golf division, which owns the Titleist, FootJoy and Cobra brands, posted double-digit sales gains in the fourth quarter to end 2007 with what it called a golf industry sales record. The company reported that successful innovations
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