Sales of outdoor products increased 2.9 percent in fiscal August to $868.2 million, according to the latest monthly sales report from OIA VantagePoint™. As in fiscal July, Outdoor Hardgoods and Apparel posted solid sales growth, while Footwear struggled.
Category: Sports/Fitness
Canadian Tire Looks to Raise C$263M through REIT
Canadian Tire expects to raise Canadian $263.5 million ($255.6 mm) through listing of a real estate investment trust that will hold its retail properties. CT Real Estate Investment Trust plans to offer 26.4 million shares at C$10 each…
Green Guru to Collect Old Inner Tubes at Interbike Outdoor Demo
Green Guru, a leading manufacturer of fashionably functional ecologic adventure gear, will be collecting old bicycle inner tubes at the Interbike Outdoor Demo & Trade Show Sept. 18 to 20…
Lax World Purchased by Former Jos. A. Bank Executives
Lax World, the Baltimore, MD-based chain of lacrosse retail stores, has been purchased by two former Jos. A. Bank executives. The new owners have stated plans to aggressively expand the lacrosse chain…
Ride Names Reps for Mid-Atlantics and Rockies
Seattle-based snowboard maker Ride added two seasoned sales reps to serve the Mid-Atlantic and Rockies territories…
Bob Meistrell Memorial to be Held this Sunday
The Body Glove family will be honoring the life of co-founder Bob Meistrell with a paddle-out ceremony to be held south of the Redondo Pier in Redondo Beach, CA on Sept. 15, 2013 at 9 a.m…
PHIT America Touts Golf’s Health Benefits
PHIT America has spoken with experts in fitness and health and quickly realized that golf doesn’t get enough credit for how great of a fitness activity it is…
Stuart Weitzman Appoints Chief Executive Officer
Stuart Weitzman announced that Wayne Kulkin, former vice chairman, has been appointed chief executive officer, effective immediately. Kulkin will continue to report to Stuart Weitzman, executive chairman of Stuart Weitzman…
Dick’s SG Sets South Plainfield, NJ Opening
Dick's Sporting Goods has set grand opening festivities for its new store in South Plainfield, N.J. The retailer will also reopen a newly renovated store in Columbia, SC this coming weekend…
Wrestling Reinstated for 2020 Olympics
A majority of International Olympic Committee delegates voted to bring wrestling back to the Olympics. The sport beat out squash and a combined baseball/softball bid for the lone remaining spot on the program for the 2020 and 2024 Summer Games…
Neiman Marcus Is Sold for $6 Billion
Ares Management LLC and Canada Pension Plan Investment Board (CPPIB) announced that their affiliates have entered into a definitive agreement to acquire Neiman Marcus Group LTD Inc. from a group of investors led by TPG and Warburg Pincus for a purchase pr
Ibex Clothing Names Director of Sales
Ibex Outdoor Clothing hired outdoor industry veteran Jackton Downard as the company’s new director of sales, effective Sept. 23…
Polar Bottle Announces Hires and Promotion
Polar Bottle has hired two new full-time employees in sales and shippling, and promoted one current production team member in production…
Retail Industry Adds 43,600 Jobs in August
The National Retail Federation (NRF) calculated retail industry job gains at 43,600 in August, with marked increases in clothing, general merchandise and electronics stores…
Golf Rounds Played Dip in July
According to Gold Datatech, golf rounds played in the U.S. were down 1.1 percent during July compared to July 2012. Public access play was down 0.2 percent and private course activity was down 5.2 percent…
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