As the sky falls on Wall Street and industry retailers and vendors wring their hands in troubled anticipation of what the financial crisis facing Main Street will mean to their businesses, a little company outside of the sleepy Northwest city of Portland,
Category: Outdoor
Industry Retailers Up Overall in Second Quarter
Retailers in the active sports lifestyle market posted strong sales growth for the fiscal second quarter, as sales grew 9.0% on a consolidated basis for the public company retailers tracked by Sports Executive Weekly. That high-single-digit sales increase
Collective Brands Reaffirms Full Year Guidance
Collective Brands Inc. reaffirmed its comparable store sales for the fiscal year, while providing further details of the impact from its acquisition of Stride Rite. The company confirmed expectations for comps to be below its long term target of low-singl
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
Gap Inc. Snaps Up Athleta for $150 Million
Gap, Inc., has agreed to acquire Athleta, Inc., the women’s sports and active apparel catalog company, for about $150 million in cash. The acquisition will help Gap break into the $31 billion women’s active apparel sector in the U.S., which is drawing att
Foot Locker to Acquire CCS
Foot Locker has signed a definitive agreement with dELiA*s, Inc. to purchase its direct-to-consumers business, CCS, for $102 million in cash. CCS sells skateboard footwear, apparel and accessories through catalogs and the Internet with revenues expected t
JJB Sports Cuts Pre-Tax Profit Forecast in Half
JJB Sports Plc warned on full-year profit after slumping to a first-half loss and axing its dividend. The U.K. sports retailer and health clubs group said it expects underlying pretax profit for the year ended Jan. 2009 to be about £15 million ($27.6 mill
Bauer Hockey Acquires Mission-ITECH
It appears the hockey market has entered into a consolidation cycle once again. Just six short months after Bauer Hockey was acquired from Nike by Kohlberg & Company and Montreal businessman W. Graeme Roustan, Bauer has dropped the Nike moniker and instea
Cabela’s Closes $200 Million Securitization
Cabela’s Credit Card Master Note Trust completed the sale of $200 million in Asset-Backed Notes, Series 2008-IV…
Scheels Opens Largest Store
Scheels opened its largest store on Saturday, and what it's calling the world's largest sporting goods store. The 295,000-square-foot Scheels at The Legends at Sparks Marina, Nev., a city of 90,000 near Reno…
Amer Sports Acquires Bulgarian Ski Supplier
Amer Sports Corp. has acquired all the ski manufacturing assets of its long-term Bulgarian subcontractor, Pamporovo Ski, and as a result has assumed full control of its operations. The price paid for all the acquired assets is approximately €5 million($7.
GreenRep.Org is the Answer to Making Sales Greener
Greenrep.org is a sales agency dedicated to selling green products and advancing green initiatives in the surf, skate, snow, and outdoor industries. Greenrep.org works by donating 5% of all profits to green organizations and educational sources.
RECALL: Razor Ride-on Vehicles
Razor USA LLC is recalling about 30,000 Dirt Quad electric powered ride-on vehicles. The control module for the throttle can fail and cause the electric ride-on vehicle to unexpectedly surge forward, posing a risk of injury to the user or a bystander…
Bauer Hockey Acquires Mission-ITECH
Bauer Hockey has acquired Mission-ITECH Hockey, the manufacturer of goal equipment, protective apparel and facial protection. Bauer said the purchase strengthens its overall position in the marketplace and is part of the overall growth and investment stra
Bauer Hocky Acquires Mission-ITECH Hockey
Bauer Hockey announced today it has purchased Mission-ITECH Hockey, a leader in goal equipment, protective apparel and facial protection…
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