MacGregor Golf Company has completed a recapitalization led by three of its existing investors, which the company says will strengthen its balance sheet and provide significant resources for continued growth. Terms of the investment in privately-owned Mac
Category: Outdoor
GSI Commerce and NFL Extend E-Commerce Partnership
GSI Commerce Inc. and the National Football League (NFL) signed a multi-year extension to their e-commerce agreement. The e-commerce provider didn't provide the length of the agreement…
May Be Time to Think Globally and Act Locally…
It was a tale of two divergent business segments for many retailers in the five-week retail fiscal month September as Sport Footwear picked up business left over from a weak early back-to-school season that rolled over from August, while Sport Apparel sa
JJB Sports Acquires 10% Stake in Umbro
JJB Sports said it acquired a 10.12 percent stake in Umbro, a move it said was designed to safeguard its position in the England replica shirt market. The move followed reports that Nike had made a bid for Umbro, which sponsors the England football team..
Report: Nike’s Business in China Should Hit $1 billion in One Year
Nike CEO Mark Parker told Reuters that he sees revenue growth in China increasing at 50% per year and sales reaching $1 billion within a year. The report stated that Nike occupies “the leading spot in the mainland market for athletic footwear and apparel.
Vans Names VP of Sales for U.S.
Vans has promoted Jeff Moore, currently Vans director of sales for the core channel, to Vans VP of sales, U.S. wholesale. Moore takes over for Steve Munn, who was recently named president, JanSport — Americas…
Umbro Receives Take Over Bid
The board of directors of Umbro issued a statement in response to speculation about a buyout offer. The statement confirmed that an offer has been made, but did not release any other details…
Out There Monthly Joins Outdoor Adventure Media Group
Out There Monthly has joined the Outdoor Adventure Media national outdoor sports alliance. Out There Monthly, a guide to outdoor recreation in the Inland Northwest, reaches 23,000 outdoor enthusiasts each month in the Spokane, Washington/Northern Idaho ma
IWHOF Honors the Newest Class of Whitewater Legends
The International Whitewater Hall of Fame Board of Governors has announced the names of the Class of 2007 of the International Whitewater Hall of Fame (IWHOF) honorees. This newest class of whitewater legends includes a manufacturer, coach, and an artist/
SIA to Publish 2007 Intelligence Report
SnowSports Industries America will make available the 2007 Intelligence Report – a compilation of ten unique research studies on the snow sports industry. Celebrating its 30th annual update, The Intelligence Report provides valuable insight into trends,
PowerSox Becomes Title Sponsor of U.S. National Snowshoe Championship
PowerSox will serve as the Title Sponsor of the United States National Snowshoe Championship for the next three seasons through 2010. The 2008 PowerSox United States National Snowshoe Championship will take place March 8-9 at Snowbasin Resort in Ogden, Ut
Brunswick to Close Mississippi Plant
Brunswick Corporation is shifting certain boat production within its North American manufacturing footprint. The production transfers will result in job gains at its Little Falls, MN, boat production facility, while its Aberdeen, MS, plant will close in e
Payless to Enter Colombia Through Joint Venture
Payless ShoeSource and its new Joint Venture partner led by Colombian retail businessman Samuel Azout, will bring Payless ShoeSource to the Colombian market with 10 new stores expected to open beginning in summer and early fall 2008. Details of this new j
Salem Orvis will close in January
An Orvis store in Salem will close in late January. James Hathaway, a spokesman for Vermont-based Orvis, told the Roanoke Times that the company is closing the Salem outlet because of uncertainty at the West Salem Plaza, a retail center that has been for
First FIFA Store Set to Open in Singapore
The first Official FIFA Store is scheduled to open its doors on January 9, 2008 in the new Terminal Three at Singapore’s Changi airport. Global Brands Group has teamed up with Nuance-Watson (Singapore) to operate the inaugural Official FIFA Store. Under t
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