Gruppo Marzocchi, an Italian-based supplier of suspension technology to mountain bike and motorcycle makers has entered into a preliminary agreement to sell its suspension business to auto components maker Tenneco Inc. Marzocchi provides suspension for mo
Category: Outdoor
OIA: Outdoor Sales Up 12% in May
Total outdoor product sales in the United States reached $449 million in May, up 14% in units and 12% in dollars over May 2007, according to Outdoor Industry Association's Outdoor Topline Report. May marked the fifth straight month of overall sales g
Whitewater to Premier at OR Open Air Demo
Buyers will be able to sample rock climbing and whitewater gear at the Open Air Demo preceding the Outdoor Retailer Summer Market for the first time ever. The Wasatch Whitewater Chute-Out is being held Thursday, August 7, 2008 from 10 a.m. to noon on the
Callaway Golf Sees Q2 Profit Gain Despite Sales Decline
Callaway Golf Co. said it expects second quarter diluted earnings per share to range from 56 cents to 58 cents a share, an increase of approximately 8% compared to 53 cents earned a year ago. Sales are expected to fall 3.7% to $366 million from $380 milli
Finish Line Reinstates Quarterly Dividend
The Finish Line, Inc. has reinstated the quarterly cash dividend program with a 20% increase to 3 cents per share of Class A and Class B common stock. The first quarterly cash dividend will be payable on Sept. 15, to shareholders of record on Aug. 29. The
Tandem Shareholders Asked to Pay off Deficit
Two months after reporting a 70% increase in profits, Tandem Group plc, is asking shareholders to let it use $10.6 million set aside to pay dividends and fund stock buybacks to pay off its deficit. The British maker of bicycles, golf gear, toys and other
Knights Apparel Names President and COO
Knights Apparel Inc. has named veteran apparel and home textiles industries executive Donnie Hodge as president and COO. Hodge was most recently COO of the Gerber Childrenswear division of Kellwood Co. In his new post, Hodge will be responsible for runnin
Ever-Glory to Start Trading on AMEX Wednesday
Ever-Glory International Group, Inc. said its Chairman and CEO Edward Yihua Kang has been invited to ring the opening bell at the American Stock Exchange at 9:30 a.m. EDT on Wednesday, July 16, 2008, to celebrate the listing of the company on the exchange
Lorpen, Lenzing Ink Exclusive Supplier Deal
Lenzing AG has become its exclusive supplier of Lyocell and modal fibers for Spanish sock maker Lorpen’s 2009 sock collection. Lenzing will provide three fibers for Lorpen – Tencel, Lenzing Modal and MicroModal. Tencel is made of eucalyptus wood, whle Mod
Comps Grow in June as Consumers Search Out Deals in Value Channels
Fiscal June proved to be a stronger month than anticipated by many industry observers as the first sustained period of warm summer weather met with the arrival of government stimulus checks to drive positive comparable store sales growth…
Cramer Acquires Active Ankle Systems, Inc.
Cramer Products, Inc. has acquired Active Ankle Systems, Inc. Active Ankle is a manufacturer of ankle braces used by professional and amateur athletes…
KEEN Opens New European Office
KEEN Inc. opened its new European headquarters to support the brands' continued international growth and expansion. The office, located in Rotterdam, Netherlands, will support all aspects of the KEEN business in Europe…
Outdoor Group Continues to Set the Pace
While all four of the company’s branded operating groups and geographic areas contributed to the revenue increase, the Outdoor Group continued to lead the way. The group, which consists of Merrell and Patagonia, logged another record quarter of revenues a
Outdoor Group Continues to Set the Pace
While all four of the company’s branded operating groups and geographic areas contributed to the revenue increase, the Outdoor Group continued to lead the way. The group, which consists of Merrell and Patagonia, logged another record quarter of revenues a
END Picks up Southeast Dealers for Fall Line
Portland-based END Footwear has signed up ten new retailers in the Southeast. The company, which has focused on minimizing the amount of glues and other harmful ingredients used in shoes, is launching its product line next month. The company claims its “e
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