The highest performing small businesses that participated in a recent survey for American Express are owned or managed by entrepreneurs who are significantly more inclined to take risks, make growth a priority, invest in their business and reward repeat c
Category: Outdoor
Aqua-Leisure Agrees to $650K Fine to Settle 11-Year Dispute with CPSC
Aqua-Leisure Industries, a major supplier of kids swim and snow toys to big box retailers, has agreed to pay $650,000 to settle an 11-year dispute with the U.S. Consumer Product Safety Commission (CPSC). The Commission voted 4-0 to provisionally accept th
Despite Weather, Women Bought More AT/Randonee Gear Last Season
Despite one of the warmest and driest winters in decades, sales of Women's AT/Randonee boots increased 16 percent last season, according to the 2012 Women's Market Intelligence Report released last week by Snowsports Industries America…
Skechers Announces Celebrity Hosts for Fourth Annual Pier to Pier Friendship Walk
Skechers USA, Inc. announced that legendary Hall of Fame baseball manager Tommy Lasorda, Dancing with the Stars co-host Brooke Burke-Charvet, and fitness expert Denise Austin will host the fourth annual Skechers Pier to Pier Friendship Walk on Sunday, Oct
Play It Again Posts Q3 Earnings Gain
Winmark Corporation, the parent of Play It Again Sports, earned $4.3 million, or 82 cents a share, in the third quarter, up from $3.5 million, or 66 cents, a year ago…
GSI’s Q3 Comps Jump 19 Percent
EBay Inc. said revenues at its GSI segment increased 12 percent year over year in the third quarter, to $226 million, driven primarily by a 16 percent year over year increase in global e-commerce (GeC) merchandise sales. Same store sales grew 19 percent y
Cybex International To Be Taken Private By Largest Shareholder
Cybex International, Inc., the manufacturer of exercise equipment, said its board of directors has authorized the company to enter into a “going private” merger agreement pursuant to which each of its outstanding shares of common stock – other than shares
American Express: Small Businesses Confidence Inching Up
While economic uncertainty persists, there are signs that many entrepreneurs feel more confident and less stressed this fall, according to the latest findings of the American Express Open Small Business Monitor…
SmartWool to Kick Off Merino Wool Tour Oct. 22
SmartWool LLC is partnering with the New Zealand Merino Company and the New Zealand Merino Growers to host the outdoor industry’s own version of a Wool Week tour complete with associate training, consumer events, prizes and more. The tour will provi
K2 Sports Supports Breast Cancer Awareness
As a continued supporter of the Breast Cancer Research Foundation (BCRF) for more than a decade, K2 has donated upwards of $1 million to the foundation with an annual contribution…
Li Ning to Sell 25 Percent Stake to Sports Talent Firm
Li Ning, the former Olympic gymnast and founder of Li Ning Co Ltd., plans to sell a 25 percent stake in his namesake company to his talent management firm Viva China Holdings Ltd for $175 million…
Final Sponsors Drop Lance Armstrong Upon UCI Ruling
The ruling from UCI anxiously awaited by the cycling community was handed down today, officially stripping Lance Armstrong of his seven Tour de France titles and setting off a shock wave throughout the industry that began last week with the pull-out of mo
GSI Q3 Revenues Advance 16 Percent
Revenue at GSI Commerce, which operates e-commerce sites for several big-box sporting goods chains and pro sports leagues, increased 12 percent in the third quarter, its parent company EBay Inc. reported. The growth was driven primarily by a 16 percent ye
Foot Locker Foundation, Inc. Celebrates 12th Annual On Our Feet Fundraising Gala
Foot Locker Foundation, Inc. joined together members of the athletic industry on Tuesday, Oct. 16, at New York City's Gotham Hall to celebrate the 12th annual “On Our Feet” fundraising gala. The event has benefited UNCF (the United Negro College Fund
Buystand.com Beta Tests New E-Commerce Concept
Buystand, a Durham, N.C. e-commerce start-up that aims to fundamentally change the way active lifestyle products are sold online, began beta testing its site Wednesday…