Bikes Belong will award $40,000 in grants this month to five different bicycling projects. According to the oganization, the funding support for these paths, trails, and other facilities will help “create great places to ride in communities across the cou
Category: Outdoor
Pacific Sunwear Continues to Post Sales Woes…
Pacific Sunwear of California, Inc. announced a three step process to return to relevancy on a call discussing third quarter results. According to interim CEO Sally Kasaks this plan amounts to, “one, our commitment to build juniors, to increase sales and
Steven Madden Inks Licensing Deal with Cejon Accessories
Steven Madden, Ltd. has inked a new license agreement for cold weather accessories. The agreement gives Cejon Accessories, Inc. the exclusive right to design, manufacture, market, and distribute a collection of cold weather accessories under the Steve Mad
Down Under Retail Shake-Up…
A couple of major players in the retail landscape down under changed hands last week. In Australia, it was Rebel Sport Limited that entered into an agreement with a wholly owned subsidiary of Archer Capital Pty Ltd; while in New Zealand, surf retailer Ama
Puma Beats Q3 Forecast and Confirms Full Year Even as Backlog Growth Slows…
Puma AG saw their third quarter “develop better than expected,” as worldwide branded sales increased in the mid-teens, total group sales jumped more than 30%, and the company turned in a bottom-line decline that was less severe than the planned and foreca
Vietnam Set to Join WTO…
Following a decision by the World Trade Organization's General Council on November 7, 2006, Vietnam is set to become the WTO’s 150th member. The General Coucil approved the Southeast Asian country’s membership agreement and Vietnam will become a memb
Ashworth Warns on Q4, Year…
Ashworth, Inc. reported that it expects revenues for 2006 to be “approximately 2% to 3% below the level previously anticipated,” which even before this announcement, was at the lower end of $210 million to $220 million. The company attributed the decrease
Johnson Outdoors Names New CIO
Johnson Outdoors Inc. appointed John Moon VP and chief information officer. Moon will be responsible for leading the company's information technology function, and defining and implementing the company's strategic use of information technology w
Coleman Parent Prices Secondary Offering to fund Acquisitions and Debt
Jarden Corporation, Coleman's parent company, has priced its public offering of 11.5 million shares of common stock at $36.25 per share. Warburg Pincus and its affiliates are selling 7.5 million shares, bringing their ownership to under 10% of Jarden
Ski and Snowboard Hall of Fame to Host Ceremonies at SIA.07
The U.S. National Ski and Snowboard Hall of Fame and Museum will host their Induction Ceremony at the SIA.07 SnowSports Trade Show for the first time. Jonny Moseley, Julie Parisien and Trace Worthington will all be inducted into the Hall of Fame during a
Ashworth Lowers Guidance for Q4, Year
Ashworth, Inc. lowered its guidance for the fourth quarter and fiscal year, expecting consolidated revenues for fiscal 2006 ato be approximately 2% to 3% below the previously anticipated result at the lower end of $210 to $220 million. In addition, the co
New Balance and High Gear Ink Licensing Deal for Fitness Monitors
New Balance Athletic Shoe, Inc. signed a licensing agreement with Highgear USA for the New Balance Sports Monitors category. Highgear is an outdoor and fitness instrument brand based in Asheville, NC. Highgear will handle the design, development, and deli
Forzani to Take Hockey Specialty Concept Canada Wide
The Forzani Group Ltd. has decided to roll out nationally its hockey specialty banner concept, which the company said piloted “very successfully” under the Hockey Experts name in Quebec. The hockey specialty banner, which will eventually have stores coast
ASR Makes Sales Team Promotions
ASR promoted Malia Murray to Sales Manager and Dan Moylan to Senior Account Executive. In their new roles, Malia will be responsible for the direction of ASR sales and the show floorplan, while Dan will be working to grow key relationships and develop ne
Callaway Names VP Public Relations
Michele Szynal, formerly Director of Brand Communications for The Gillette Company and Proctor & Gamble, was named VP, Public Relations for Callaway Golf Company. In this role, Szynal will oversee the company's overall strategic communications and br
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