Recreational Equipment, Inc has awarded its national creative advertising and media buying accounts to BBDO Atlanta and Prometheus Media Services respectively. The company completed its nearly two-month closed agency review process earlier this week. The
Category: Outdoor
One Percent for the Planet Auction Raises $20,000
One Percent for the Planet raised close to $20,000 on their first online auction. The online auction offered over 100 items of varied merchandise including a surf session for two with Patagonia Founder Yvon Chouinard and Chris Malloy, a signed guitar from
Outdoor Retailer Launches Webinar Series
Outdoor Retailer will launch a series of webinars beginning Jan. 8, at 2:00 p.m. ET, with a 45-minute webcast co-sponsored by Cotton Incorporated called, “Cotton’s Environmental Impact: Debunking the Myths.” Featuring Kater Hake, vice president of agricu
Pacific Cycle Inks Apparel Licensing Deal with Champion Systems
Pacific Cycle and Champion System, a manufacturer of customized performance apparel, signed a multi-tiered sponsorship and licensing agreement. Under the terms of the agreement, Champion System will become an official licensee for Schwinn, GT Bicycles and
Sherborne Believes it Won All Votes at Nautilus Shareholders’ Meeting
Sherborne Investors LP said that, based on information provided by its proxy solicitation firm, D.F. King & Co., Inc., it believes all four Sherborne Investors nominees have won election to the Company’s Board of Directors and all other proposals were pas
TJX Settles with Banks Over Stolen Credit Card Information
The TJX Companies, Inc. has entered into a settlement agreement with all but one of the seven banks and bankers associations that sued TJX in a putative class action as a result of the intrusion into TJX’s computer system. Under the agreement, the Massach
VF Reaffirms Guidance for Q4
VF Corporation reaffirmed its guidance for record fourth quarter revenues and earnings, which were initially provided on October 18, 2007…
Nike Q2 Sales Jump 14%; Futures Orders Up 13%
Nike, Inc. reported 14% revenue growth for the second quarter ended November 30, to $4.3 billion, compared to $3.8 billion for the same period last year. FX rates boosted revenue growth by 4 percentage points. Second quarter net income grew 10% to $359.4
Sports Direct Reports 73% Profit Drop
Sports Direct, the U.K. discount sporting goods chain, reported a 73% drop in pre-tax profits in the first half of the year, to £20.1 million. Revenues were down 7.1% to £668.1 million from £719.1 million. The decline was blamed on dismal summer weather,
True Temper Division Partners with Miura Golf
True Tempers' elite Tour Concept club maker network has formed an alliance with the premier component head manufacturer, Miura Golf, and its' network of specialty fitters. This affiliation is expected to elevate the custom fitting programs for b
Evo.com Launches As a “Green” Portal for 1,200 retailers
E-commerce veterans from eBay and StudentAdvantage.com have launched Evo.com, an aggregator site for 1,200 e-retailers selling about 100,000 “green” products and services ranging from organic apparel and electric scooters to solar panels…
Nautilus Shareholder Battle Undecided
Shareholders of Nautilus Inc. voted Tuesday on five proposals from activist investor Sherborne Investors LP, including one to give Sherborne control of Nautilus by giving it a majority of seats on the company's board. But Nautilus said the results of
Ski/Snowboard Hall of Fame Inductees Announced
The U.S. National Ski and Snowboard Hall of Fame and Museum announced their inductees for the Class of 2007: Eric Bergoust, Donna and Jake Burton Carpenter, Mitch Cubberly, Tom Jacobs, Everett Kircher and Doug Lewis…
Third Quarter Looked Strong for Market, but Issues May Lurk Beneath the Surface…
Overall, the third quarter proved relatively strong for sporting goods vendors as net sales increased in high-single-digits for the period. Overall, net income grew faster than sales, posting 10.6% bottom line growth, with return on sales growing 10 basi
Genesco / The Finish Line Trial Closes its First Week…
After months of public wrangling, charge and counter-charge surrounding the contentious merger between The Finish Line, Inc. and Genesco Inc., the trial that is supposed to resolve at least part of the dispute got under way last week in the Chancery Court
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