Smith & Wesson said that on July 10, it entered into an asset purchase agreement with FutureNet Group, Inc., Detroit, MI, to dispose of substantially all of the assets and various liabilities of its wholly owned subsidiary, Smith & Wesson Security Solutio
Category: Outdoor
Larry Miller To Return to Lead Jordan Brand
Larry Miller has resigned as president of the Portland Trail Blazers and plans to return to Nike Inc. as head of the Jordan brand. Miller was president at Jordan Brand from ’99-2006. Miller replaces Keith Houlemard, who will now lead the companyR
JJB Sports Spring Sales Miss Plan
JJB Sports reported that comparable store sales for the 22 weeks ended July 1 were down 8.0 percent. The retailers said the sales shortfall was due to “poor early summer weather” and weaker-than-anticipated sales of merchandise tied to the European Footba
Physical Education Mandates Not Enough in Most U.S. States, Study Finds
A study examining the mandates for school-based physical education in each state found only six states mandate the appropriate guidelines – 150 minutes each week – for elementary school physical education…
Hibbett Plans to Build New Wholesaling and Logistics Facility in Alabama
Hibbett Sports, Inc. plans to build, through a wholly owned subsidiary, a wholesaling and logistics facility in Alabaster, AL. Construction on the new 360,000-square-foot facility is expected to commence in Fall 2012 with the facility expected to be fully
FIFA Approves First Intelligent Soccer Ball System
FIFA has approved a system based on the Select iBall, the world's first intelligent soccer ball due to its ability to communicate that it has crossed the goal line…
Vans Launches Recyclable Sandal
Vans, Inc. said its Nexpa sandal is now available at select retail dealers. The sandals are made from 100% recyclable PLUSfoam, which means supplier Plus Compound Technologies will be able to regrind 2,000 pounds of production scrap created in China for u
Phd Productions Turns to Kickstarter to Finance Newest Product
Charlotte, NC-based Phd Productions has launched a $50,000 crowdfunding campaign for its newest product – a macramé flying disc embedded with LEDs – on Kickstarter…
Ski Visits Approach 20-Year Low in 2011-12
U.S. ski areas tallied an estimated 51 million skier and snowboarder visits during the 2011/12 season, according to the National Ski Areas Association (NSAA). According to the preliminary 2011/12 Kottke End of Season Survey, the U.S. ski industry experien
Mizuno Launches New Marketing Campaign
Mizuno USA, Inc. announced its public launch of The Mezamashii Run Project, an organic word-of-mouth running community that brings brilliant running to life. This community provides a unique avenue for runners to engage the brand, as well as each other in
Clif Bar Pledges $100,000 for Conservation
Clif Bar pledged to donate up to $100,000 to five nonprofits dedicated to preserving the outdoors with the launch of its second annual Meet the Moment program. The campaign challenges outdoor enthusiasts to share their photos and stories of outdoor advent
Under Armour Introduces “This Is How We Run” TV spot
Under Armour will launch its biggest footwear campaign on July 9. “This Is How We Run” TV spot features om Brady, Lindsey Vonn, Kemba Walker and Cam Newton…
Birkenstock Returning to Novato Campus to Accomodate Growth
A resurgent Birkenstock USA is relocating its headquarters to a 93-acre campus in Novato, CA five years after vacating the site to cut costs, according to local press reports…
Study Finds Runners Favor Brick and Mortar Over Online
Runners prefer to get their shoes from specialty running stores over online retailers and sporting goods stores. That’s according to the Karhu Runners Industry Report, the first in a new ongoing research series from running shoe company Karhu, in p
Yue Yuen’s Revenues Grow 9.5 Percent in First Half
Yue Yuen reported sales grew 9.5 percent in the first six months to U.S. $3.61 billion. Recurrent net profit was up 6.4 percent to $232.6 million. Net profit grew 21.2% to $278.9 million…