Category: Outdoor

SRAM Corporation has signed a Letter of Intent to purchase Avid LLC. This acquisition furthers SRAM’s goal of providing a full component group to the bike industry. SRAM and Avid are currently in the final phase of due diligence, with the closing expected

Amer Group's Precor division has acquired Fitness Products International, a privately held company with executive offices and manufacturing facilities in Sun Valley, just north of Los Angeles. FPI serves the commercial fitness market with a range of

Everlast Worldwide Inc. announced that it has entered into an agreement with its Principal Preferred Stockholder, modifying its annual minimum redemptions. Under the terms of the agreement, in lieu of a cash payment for the redemption of a portion of the

Following a year of bumpy growth, the economy is poised for consistent gains in 2004. The National Retail Federation released its 2004 forecast, predicting that GAFS sales will increase 5.0% from last year. According to its Retail Sales Outlook Report,

There is further retail consolidation among retailers, as well as manufacturers. Internet sales strengthen. Licensed sales gain momentum. Federal funds back P.E. Those are just a few of the topics in the 2004 SGMA International State of the Industry r

The Forzani Group Ltd. was recently contacted by the Canadian Competition Bureau about certain of its advertisements. The Company said in a release on Thursday that they aways have been “committed to compliance with the advertising provisions of the Compe

Bell Canoe Works has grown its team of professional paddlesports representatives and expanded product distribution. Craig Johnson, Sales Manager, announced the company has signed agreements with two new rep groups and launched distribution into Eastern Ca

The Forzani Group Ltd. reported that Holiday Season results for the eight weeks ended December 28th, 2003 showed a 10.9% increase in total retail system sales. Comparable retail system sales were up 6.5%. Comparable corporate stores sales increased 2.0%

Big 5 Sporting Goods Corporation reported that net sales for the fourth quarter ended December 28, 2003 increased 8.5% to $191.8 million from $176.7 million in the same period last year. Same store sales increased 3.6% for the quarter, representing the 32

Urban Outfitters announced record sales for the two-month period beginning November 1 and ending December 31, 2003. Total comparable store sales increased by 20%. Comparable sales at our Urban Outfitters and Anthropologie stores were up 19% and 21%, respe