Bass Pro Shops Founder John Morris was named the Retail Innovator of the Year by the National Retail Federation. After using his own bait and stocking it in his father’s liquor stores, John quickly began to recognize sports fishermen’s need for specialize
Category: Outdoor
REI to Open Ann Arbor Store
Recreational Equipment, Inc. plans to open a store in Ann Arbor, Mich. at Cranbrook Village this spring. The 26,000-square-foot store will be located at Ann Arbor-Saline Road and I-94 and employ 50 people. A co-operative, REI has 48,000 members in Southea
Crocs Appoints New Chief Financial Officer
Crocs, Inc. has announced that Peter Case has resigned as CFO and SVP, Finance and Treasurer of the company and was appointed to the newly created position of SVP, Retail Division. He will no longer serve as the company's principal financial officer
Johnson Outdoors to Divest Escape Brand; Re-aligns Watercraft Group
Johnson Outdoors Inc. is exploring strategic alternatives for its Escape® brand products and stepping-up support behind paddle sport segment growth initiatives. As a result, the company has incurred $1.3M in impairment charges related to inventory and fi
Vail Resorts Names Chief Human Resources Officer
Vail Resorts, Inc. announced the appointment of Mark R. Gasta to the position of senior vice president and chief human resources officer. He will assume responsibility for all facets of human resources leadership and management…
PEP Grants Reach $75.7 Million
The Sporting Goods Manufacturers Association (SGMA) said $75.655 million in PEP (Carol M. White Physical Education Program) grants will be awarded for the 2008 calendar year. That represents almost $3 million more than was distributed in 2007…
Nautilus, Completes Line of Credit Deal
Nautilus, Inc. announced that it has signed its new line of credit agreement with Bank of America, N.A. The facility is an underwritten 5-year, $100 million asset-based loan with an accordion feature to increase the line of credit to $125 million…
Pro Keds Lands Distribution Deal with Market America
Pro Keds has reached a new distribution deal with Market America Inc., an Internet marketing and product brokerage company. Damon Dash, CEO of PRO-Keds America, said, “Partnering with Market America is a revolutionary way to teach the audience about our p
Sperry Top-Sider Partners with Oceana
Sperry Top-Sider partnered with Oceana, an international non-profit organization dedicated to protecting and restoring the world’s oceans, to promote widespread involvement in the fight to protect the oceans…
Kellwood Investor Backs Hostile Bid
A small Chicago money management group has thrown its support behind a private equity firm's hostile bid for Kellwood Co., the owner of Sierra Designs, Kelty, Royal Robbins and other outdoor brands. Discovery Group, LLC, which manages about $200 mill
Coleman Supports Tree Project in Central Park
The Coleman Company, Inc. and sister company Marmot Mountain LLC supported the kickoff of a project launched on Jan. 10 to save and plant trees in Central Park. The project was launched next to a stately European Beech tree in the park’s Cherry Hill sect
Under Armour Ups 07 Guidance; 2008 H1 EPS Outlook Less Rosy
Under Armour shares plunged Thursday ahead of an after-market release that indicated that the company now anticipates that fiscal 2007 net revenues and earnings will come in slightly ahead of plan. The market concerns may come from UA's plans for an
Cabela’s Sells $57 Million of Senior Notes
Cabela's Inc. said it sold $57 million aggregate principal amount of its 7.2% senior notes in a private placement to institutional buyers. The notes have a final maturity of 10 years and an average maturity of seven years…
Lance Armstrong Enters Boston Marathon
Lance Armstrong, the seven-time Tour de France champion, has entered the 2008 Boston Marathon, the Boston Athletic Association announced today. Armstrong qualified for the Boston Marathon with a 2:46:43 finish at the 2007 ING New York City Marathon. The B
Garmin Completes Acquisition of Danish Distributor
Garmin Ltd. completed the acquisition of Fairpoint Navigation A/S (“Fairpoint”), the distributor of Garmin's automotive, outdoor recreation, fitness and marine products in Denmark. The company will be renamed Garmin Danmark A/S and will retain its ma
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