Crocs, Inc. said it has entered into a new asset-backed revolving credit facility with PNC as of Sept. 25, 2009. The agreement provides for up to $30 million in revolving loans which may be used for working capital needs and other items, as stipulated in
Category: Outdoor
Johnson Outdoors Completes New Financing Structure
Johnson Outdoors Inc. has refinanced and restructured the company's debt, thereby reducing estimated 2010 borrowing costs by more than 40% compared with fiscal year 2009…
OIA Board Endorses OR Summer Market Date Shift
The Outdoor Industry Association (OIA) Board of Directors have announced their endorsement and recommendation of a shift of the Outdoor Retailer Summer Market (ORSM) dates from the third week of July to the first week of August in 2010 and beyond…
Golf Rounds Down 1% in August
Golf rounds in the U.S. were down 1.0% for the month of August 2009 compared to August 2008 and are flat on a YTD basis, according to Datatech…
Hat World Acquires Great Plains Sports
Hat World Inc., a subsidiary of Genesco Inc., said its Impact Sports division has acquired Great Plains Sports of St. Paul, MN. Great Plains Sports is a team sporting goods dealer and also operates the sporting goods store, Steichen's Sporting Goods
Interbike’s Overall Attendance Down Slightly, Store Attendees Up
According to preliminary figures, total attendance at the just-concluded Interbike trade show reached more than 22,500, slightly down due to fewer exhibitor personnel. But the number of unique stores represented increased to more than 4,000 and the number
Nautilus to Divest its Commercial Business
Nautilus, Inc. said it is actively seeking buyers for substantially all of the assets, liabilities and ongoing operations of its commercial business. The fitness company said the move will enable it to focus its resources solely on its branded consumer bu
Kohl’s Plans California Onslaught
Kohl's will open 35 new stores in former Mervyns locations on Sept. 30, including 30 in California. The department store chain currently only has 91 stores in the state, and many of them are in outlying suburbs…
Brooks Adds Rock ‘n Roll to Roster
Brooks Sports reached an exclusive and multi-year agreement to become the official footwear and apparel partner for the Rock 'n' Roll Marathon Series while its sister brand, Moving Comfort, will be the official sports bra for the series…
The Impact of Low Retail Inventories
Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned
Boddington Becomes Medjet Company Spokesman
MedjetAssist, a emergency medical evacuation and repatriation membership program, said Craig Boddington has signed on as a company spokesperson to the hunting and outdoor market…
NSSF: Industry Lauds Senators’ Fight to Preserve Use of Traditional Ammo in National Parks
A letter signed by numerous United States senators to Department of the Interior Secretary Ken Salazar raising important questions about actions by the National Park Service (NPS) to ban the use of traditional ammunition in parks that allow hunting has dr
VF Names Susan Kellogg President of Contemporary Brands Coalition
VF Corp. named apparel industry veteran Susan Kellogg as president of its Contemporary Brands coalition. Its contemporary brands segment includes Seven For All Mankind, John Varvatos, Ella Moss and Splendid. VF also noted that Lucy, formerly in the contem
Zumiez Inc. Raises Guidance
Zumiez Inc. said that based on better than planned quarter-to-date sales and product margins, it is increasing its expected sales and earnings guidance for the quarter ending October 31.. September month-to-date comparable store sales increased 0.8% while
Adidas Endorses European Rugby Cup
Adidas became the official matchball and referee kit supplier to the European Rugby Cup (ERC). Under the sponsorship deal with the ERC, adidas will provide the official match ball for both the Heineken Cup and newly titled Amlin Challenge Cup…
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