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
Category: Outdoor
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
Outdoor University Releases Schedule
Outdoor University, an Outdoor Industry Association (OIA) event, recently announced its 2008 national schedule. The program, which provides regional retailers with training aimed at equipping them with tools to help improve their profitability, will be of
Delta Apparel Posts Q2 Loss as Sales Decline 5.6%
Delta Apparel, Inc. reported a 5.6% decline in fiscal second quarter net revenues to $68.8 million from $72.9 million last year due to lower FunTees sales. Retail-Ready sales, which includes Soffe and Junkfood, increased 7.1% to $27.7 million for the quar
Johnson Outdoors Sees Fiscal Q1 Loss Widen
Johnson Outdoors Inc. posted net sales of $76.0 million for the first fiscal quarter ended December 28, an increase of 6.4% compared to sales of $71.4 million for the prior year quarter. JOUT saw the net loss from continuing operations for the period wid
Mizuno Launches New ‘Never Settle’ Tagline
Mizuno Corporation, having celebrated its 100-year anniversary in 2006, is launching a new global tagline in 2008, Ashita Kit-to Dekiru, locally adapted for the North American markets as – Never Settle…
OBIT: Bob Humphrey of Schutt Sports
Bob Humphrey, the second-generation former owner of Schutt Sports, Inc., manufacturer of football helmets and faceguards, died Wednesday, January 24, 2008. He was 76. Mr. Humphrey was the son of Del Humphrey, who purchased Schutt Manufacturing Company in
Pacific Sunwear Names Henry as SVP, CFO
Pacific Sunwear of California, Inc. has named Michael Henry as SVP and CFO of the company. Mr. Henry had been serving as interim CFO since November 2007…
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