Nautilus, Inc. has terminated its Shareholder Rights Plan. Under the Plan, one right was distributed for each share of Nautilus common stock outstanding as of November 8, 2007. Effective the date of the Plan, any person or group acquiring 20% or more of t
Category: Outdoor
Kellwood to Allow Shareholders to Decide on Sun Capital Deal
Kellwood Company intends to remove all impediments to the $21.00 per share cash tender offer made by an affiliate of Sun Capital Securities Group so that it can be consummated on February 12, 2008 if a majority of the shares are tendered. Kellwood will ap
New York and Chicago Receive $15,000 REI Grants for Cycling
New York City's Transportation Alternatives and the Chicagoland Bicycle Federation have been selected as the first recipients of REI/Bicycle Friendly Communities Grants of $15,000 each. This new grant fund, administered by the Bikes Belong Foundation
Yue Yuen Reports Strong Fiscal Year; Cautiously Optimistic on Year Ahead…
Yue Yuen Industrial Holdings may be one of the beneficiaries of the changes in China’s labor laws as the company picks up new customers and increases business with their base. The manufacturer of many of the largest athletic brands in the world, which ha
GSI Commerce Sees 23% Revenue Jump for 2007…
GSI Commerce, Inc. expects fiscal 2007 revenues to increase approximately 23% to a range of $748 million to $750 million, compared to $609.6 million for the prior year. Merchandise sales are expected to be approximately $1.68 billion to $1.69 billion, an
Delta Apparel Posts Q2 Loss as Sales Decline 5.6%
Delta Apparel, Inc. reported a 5.6% decline in fiscal second quarter net revenues to $68.8 million from $72.9 million last year due to lower FunTees sales. Retail-Ready sales, which includes Soffe and Junkfood, increased 7.1% to $27.7 million for the quar
Johnson Outdoors Sees Fiscal Q1 Loss Widen
Johnson Outdoors Inc. posted net sales of $76.0 million for the first fiscal quarter ended December 28, an increase of 6.4% compared to sales of $71.4 million for the prior year quarter. JOUT saw the net loss from continuing operations for the period wid
Mizuno Launches New ‘Never Settle’ Tagline
Mizuno Corporation, having celebrated its 100-year anniversary in 2006, is launching a new global tagline in 2008, Ashita Kit-to Dekiru, locally adapted for the North American markets as – Never Settle…
OBIT: Bob Humphrey of Schutt Sports
Bob Humphrey, the second-generation former owner of Schutt Sports, Inc., manufacturer of football helmets and faceguards, died Wednesday, January 24, 2008. He was 76. Mr. Humphrey was the son of Del Humphrey, who purchased Schutt Manufacturing Company in
Pacific Sunwear Names Henry as SVP, CFO
Pacific Sunwear of California, Inc. has named Michael Henry as SVP and CFO of the company. Mr. Henry had been serving as interim CFO since November 2007…
Youth Outdoor Legacy Fund Gives Grants to 3 New Orgs for 2008
The Youth Outdoor Legacy Fund’s (YOLF) first-year grant awards in 2008 are focusing on the important connection and introduction that mentors make to kids who do not have the opportunity to learn about their own backyard and what is beyond it. For 2008, o
Teamsters Hold Press Conference Over Discrimination at New Era DC
NAACP Chairman Julian Bond and Teamsters General President Jim Hoffa announced plans to hold a press conference on Monday, Jan. 28, in Washington, D.C., to call on Major League Baseball (MLB) to intervene with New Era Cap to end discrimination and worker
GSI Commerce Expects 23% Revenue Growth for 2007
GSI Commerce Inc. reported it expects net revenue for fiscal 2007 to increase approximately 23% to a range of $748 million to $750 million from $609.6 million last year. Merchandise sales are expected to be approximately $1.682 billion to $1.687 billion,
Yakima Enters Distribution Agreement With QBP
Yakima has entered its first partnership with a U.S. distributor, Quality Bicycle Products (QBP), located in Bloomington, Minn. This partnership enables Yakima’s specialty retail accounts to order smaller product quantities and provide available product S
Fujikura Launches ‘Fit-On Academy’
Fujikura Composites of America has launched the Fit-On Academy, a research and development system designed to create and test new shaft designs and materials. Based at Fujikura’s Vista CA , the Fit-On Academy uses the most advanced analysis and simulation
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