REI, Foot Locker and Nike Opt Out of Swipe Fee Settlement

REI, Foot Locker and Nike joined the parade of major retailers bailing out of a proposed multi-billion-dollar settlement of an eight-year-old federal anti-trust lawsuit alleging Visa Inc. and Mastercard used anti-competitive tactics to set swipe fees…

Hibbett Sports First Quarter Sales Rise 3.0 Percent

Hibbett Sports, Inc. reported net sales increased 3.0 percent to $240.0 million for the first quarter ended May 4, compared with the 13-week period ended April 28, 2012. Comparable store sales increased 0.8 percent, compared with 11.1 percent in the year

Yue Yuen’s Q1 Profits Slide

Yue Yuen Industrial Holdings Ltd. reported first-quarter revenues inched ahead 0.5 percent to $1.71 billion. Earnings fell 53.1 percent to $55.7 million from $118.7 million…

OIA: House Proposal Would Gut Spending on Public Lands

Outdoor Industry Association (OIA) urged its members Friday to call their Congressional delegation to voice over a House budget proposal it said would devastate the nation’s public lands and risk billions of dollars in economic activity they generat

Perry Ellis’ Q1 Net Rises 16.5 Percent

Perry Ellis International reported revenues slid 1.2 percent in the first quarter, to $262.3 million from $265.5 million. Revenues were in line with guidance and included increases across several of the company's core businesses, including golf lifes

OtterBox Acquires LifeProof

OtterBox, the maker of protective cases handheld devices, has acquired TreeFrog Developments Inc., DBA LifeProof. Founded in 2009 and headquartered in San Diego, LifeProof is also a maker of protective cases and complementary accessories for smartphones a

Bogs Footwear Appoints VP of Product

Bogs Footwear has tapped Kelly Wallrich, former VP of product at Keen Footwear, as its new VP of product. She will oversee product design, development and product marketing…

SIA Backcountry Committee Meeting Draws 40 to Denver

SnowSports Industries America (SIA), the snow sports industry’s member-owned trade association, convened its Backcountry Committee in Denver, Colo. this month for the second time since October 2012 to discuss best practices for communicating with th

Outsiders Ball Sells Out Platinum Level Sponsorships

The Outsiders Ball has sold out all its Platinum Level sponsorships and is now offering Bronze level sponsorships for $2,500. The inaugural event, which will take place in Salt Lake City on the eve of Outdoor Retailer Summer Market, aims to raise $300,000