Stockholders in Marlborough-NJ based acquisitions firm 2020 ChinaCap Acquirco Inc. have approved the firm's acquisition of Windrace International Co. Ltd., a Chinese sporting goods manufacturer…
Category: Outdoor
TSA’s Doug Morton to Retire from CEO Post
The Sports Authority announced that Doug Morton will be retiring from his position as chief executive officer. Morton, who has been with TSA or the Gart Sports predecessor company for 23 years and served as CEO for more than a decade, will remain as chair
Study: Online Retailers Profitable in 2008
According to a new survey, the majority of online retailers were profitable in 2008 with more than half earning more money in 2008 than 2007. The positive results came despite the deteriorating economic environment, including last year's brutal holid
Callaway Expects Wider Q3 Loss
Callaway Golf Company said third quarter sales are expected to decline 11% to $191 million from $213 million a year ago. On a currency-neutral basis, estimated net sales would have been $194 million, a decrease of 9% compared to the third quarter of 2008.
Crocs Amends Credit Facility
Crocs Inc. said that on October 14, it amended its bank line with PNC Bank. The amendment decreases Crocs' minimum tangible net worth requirement from $266 million to $205 million, measured at the end of each fiscal quarter, commencing with the fisca
Dick’s SG to Open Oregon Stores
Dick's Sporting Goods announced plans to open six new stores in Oregon, including the new Eugene location in a former Joe's Sports location in the Delta Oaks shopping center on November 8th. It will be Dick's SG's second store in Oreg
Element 21 Appoints CFO
Element 21 Golf Company appointed Philip Clark as its new chief financial officer…
Payless Expands Shoe Giveaway to Latin America
Payless ShoeSource, announced the launch again this year of its Payless Gives Shoes 4 Kids program aimed at delivering more than $1.2 million worth of free children's shoes to families in need this holiday season. In addition, the retailer said it is
Rightline Gear Enters Retail Market
Rightline Gear, recently relocated to Asheville, NC, has announced its plans to enter the retail marketplace in quarter 4 of 2009. Previously the company has sold its CampRight and PackRight products strictly on-line…
Callaway Golf Expects 3Q Loss to Widen
Callaway Golf Company said third quarter sales are expected to decline 11% to $191 million from $213 million a year ago. Changes in foreign currency exchange rates adversely impacted net sales by approximately $3 million for the quarter. It expects to rep
Phoenix Footwear Posts Profit
Phoenix Footwear Group, Inc. reported a profit of $310,000, or 4 cents a share, in the third quarter compared to a net loss of $2.1 million a year ago…
OGIO Reports Robust Growth
Ogio said its futures orders – or those placed for first and second quarter 2010 delivery – for sports packs, messenger/laptop bags and motor sport soft goods and hard goods were up more than 200% compared with 2009 futures orders…
Grenade Gloves Names Team Manager
Grenade Gloves appointed Jordan Brown as its new Snow and Skate team manager. Jordan has previously worked for Sessions, Tum Yeto, and Endeavor Snowboard Design. He has experience with sales, marketing and team management…
Polarmax and Opedix Appoint New England Reps
Longworth Industries, the exclusive manufacturer and distributor of Polarmax and Opedix, announced the addition of the Pinnacle Outdoor Group to represent our products in the New England territory…
Schwarzenegger Signs Pro-Hunting Bill into Law
On October 11th, Governor Arnold Schwarzenegger signed Assembly Bill 1423, a measure authored by Assembly Member Tom Berryhill (R-Modesto) that significantly reduces existing commercial hunting club license fees; promotes full implementation of California
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