Comp stores sales at Recreational Equipment Inc. (REI) declined 3.5% in 2009, or less than the 5% decline the co-op had expected, the Seattle Times reported…
Category: Outdoor
“Shift to Thrift” Not Going Away Any Time Soon
A “shift to thrift” by American consumers will not go away any time soon, according to a survey by AlixPartners LLP. In every retailer category this year, Product and Price were the two most important attributes, and Service was last—a vast change from si
Quiksilver Slashes Q1 Loss on 2% Revenue Decline
Quiksilver, Inc.'s sales dipped 2% in its first quarter ended Jan. 31, to $432.7 million from $443.3 million a year ago. The pro-forma consolidated loss from continuing operations was $2.5 million, or 2 cents per share, an improvement over a deficit
Confluence Creates Dealer Sales Position
Confluence Watersports has hired Brad Taylor for the newly created position of director of field sales. Taylor will oversee the company’s U.S. field sales team to further develop their outdoor specialty dealer segment…
The Outdoor Recreation Group Launching Body Glove Packs and Luggage Line
Body Glove International has issued a license to The Outdoor Recreation Group to develop a new line of backpacks, luggage, totes and accessories for outdoor, water/extreme sports markets that will hit retail shelves this summer…
Summit Sports Rolls Out Two More Web Stores
Summit Sports Inc. has launched two new Web sites, Kayaks.net and BathingSuits.net, bringing to 13 the number of web store is now operates. The Bloomfield Hills, MI-based retailer offers more than 300 brands and operates four brick-and-mortar stores…
Backcountry.com Enables Users to Post Videos
Backcountry.com launched new video functionality this week that enables customers and vendors to post their own videos on every product page or link to existing videos on YouTube. Backcounty said it is the first outdoor sporting goods retailer to offer th
Dorel Industries IBD Business Grew 25% in Q4
Dorel Industries Inc. said 25% sales growth at its Cycling Sports Group, which focuses on the IBD channel, helped drive an 11.3% increase in revenues at its Recreational/Leisure segment in the fourth quarter ended Dec. 30, 2009. Still, a shift toward lowe
Saucony Signs Triathletes
Saucony, Inc. said it had signed Olympic triathlete Jarrod Shoemaker, ranked 10th in the world and top American in 2009, and Sarah Groff, a member of the USA Triathlon National Team, to multi-year endorsement contracts…
PUMA Acquires Cobra Golf
Puma signed an agreement to acquire 100% of the golf equipment brand Cobra Golf from Acushnet Company, the golf business of Fortune Brands, Inc. The acquisition includes the Cobra brand as well as related inventory, intellectual property and endorsement c
Survey Shows Optimism Among Bike Dealers
Sixty percent of bike retailers surveyed by The Bike Cooperative expect positive sales growth in 2010, including 12% expecting sales growth of 10% or more. Local economics and online competition were deemed the biggest threats to sales growth this year…
New Sales VP to Take Gibbon Slacklines to the Masses
Gibbon Slacklines welcomed Emilio Torres as VP of sales. The former Croc's Inc. employee said he would bring slacklining to the masses Gibbon Slacklines welcomed Emilio Torres as VP of sales. Gibbon Slacklines distributes exclusively through Canaima
Adams Golf Widens 2009 Loss
Adams Golf reported sales fell 17% in 2009, to $76.1 million from $91.5 million a year ago. Adams Golf had a net loss of $12.2 million, or $1.82 per fully diluted share, for the year as compared to a net loss of $1.5 million, or 23 cents, a year ago…
Heelys’ Q4 Revenue Sinks 26.9%
Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Reebok Aiding Sidney Crosby’s Olympic Theft
Reebok is helping Sidney Crosby, the Canadian hockey Olympic star relocate his stolen hockey gear. Crosby, who scored the winning goal in overtime to defeat the US 3-2 this February in Vancouver, wants his gold-medal winning stick and glove back. Reebok C
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