Lululemon Athletica will complete the purchase of the building in Kitsilano, Vancouver, where its corporate headquarters is housed. The move will enable the retailer to settle in the community where it started…
Category: Footwear
Smith and Wesson to Lean on New Channels, Products to Return to Profit on 2011
Smith & Wesson management spoke at the recent Cowen and Co. Aerospace/Defense Conference about key growth initiatives following a fiscal second quarter that saw top and bottom lines fall considerably on declining gun sales and a significant write-down rel
Kneissl Files Bankruptcy; Awaits Investment
Kneissl, an Austrian maker of bicycles, skis, tennis racquets, apparel and accessories filed for bankruptcy Feb. 8 after its majority owner in Saudi Arabia did not meet a court deadline to inject more capital into the company, according to several media r
Rawlings Introducing Performance Apparel
Rawlings, a division of Jarden Team Sports, is launching a line of performance apparel. According to a report in the St. Louis Dispatch, a baseball apparel line was rolled out in January at Modell's Sporting Goods, Hibbett Sports and Sport Chalet. S
Bill Would Allow Ski Areas to Offer More Summer Recreation
A team of bipartisan U.S. Senators and Representatives has reintroduced the Ski Area Recreation Opportunity Enhancement Act of 2011 to change permitting rules for ski areas on Forest Service land to allow for summertime recreation and increased tourism-an
Proposed Budget Cuts in House Bill Pose ‘Conservation Crisis’
The Theodore Roosevelt Conservation Partnership decried proposed budgetary cuts to key federal programs affecting a range of natural resource management issues, asserting that those cuts would create a “conservation crisis.”…
Salazar Announces Funding to States for Fish and Wildlife Projects
Secretary of the Interior Ken Salazar announced recently the distribution of more than $749 million in excise tax revenues generated by sportsmen and women to state and territorial fish and wildlife agencies through the Dingell-Johnson Sport Fish Restorat
Outdoor Companies Back BLM Wild Lands Policy
Citing the need for “balance in federal land management and the role public and wild lands play in supporting jobs across the American economy,” The Conservation Alliance (Alliance), Outdoor Industry Association (OIA) and companies they represent sent a l
Research Group Raises Questions About 90% Theory
Following a widely discussed report by Mexican officals and numerous US publications claiming that 90% of guns used my Mexican drug cartels originated in the United States, independent research group STRATFOR has issued a study that raises major questions
Jarden Has Recouped Rossignol Investment
Jarden Corp. has recouped its original minority investment in Rossignol, the French ski brand spun off at a loss by Quiksilver in 2008, Jarden Chairman and CEO Martin Franklin told analysts this week..
Compass Diversified Holdings CEO Takes Leave of Absence
Compass Diversified Holdings, the equity owner of Fox Racing Shox and Liberty Safe, announced that Joe Massoud, its chief executive officer, has requested, and the Board has approved, a leave of absence to focus his attention on an informal regulatory inq
La Jolla Group Introduces Shared Services Marketing Team
La Jolla Group announced the creation of a multi-faceted, internal Marketing division that will help streamline best practices across the company's youth lifestyle brands, including O'Neill, Rusty, Metal Mulisha, True Love & False Idols, In God&
U.S. Consumers Sustain Spending in January
January marked the seventh straight month of retail sales gains, although sales by sporting goods, hobby, book and music stores decreased 1.3% on a seasonally adjusted month-to-month basis and increased 0.4% on an unadjusted year-over-year basis, accordin
Cabela’s Q4 Comps Climb 7.3%
Cabela's Inc. reported that on a like calendar basis, adjusted for divestitures, total revenue during the fourth quarter increased 8.4% to $934 million. Retail store revenue increased 11.4% to $479 million; direct revenue increased 0.5% to $386 milli
Lance Armstrong Retires, Again
Lance Armstrong has retired from professional cycling, according to the Associated Press. Armstrong, 39, attributed his decision to growing family responsibilities and being tired of the sports demanding training requirements.
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