Meade Instruments Corp. reported its losses quadrupled to $800,000, or 65 cents per share on slightly lower sales in the first quarter ended May 31, as it missed shipments of new telescopes. The designer and manufacturer of consumer optical products, incl
Category: Sports/Fitness
Leatherman Reaches Deal to Acquire PocketToolX Company
Leatherman Tool Group, Inc. (LTG) has signed a definitive agreement to acquire the PocketToolX Company, manufacturer of the unique, single-piece multi-tools…
Petzl America Names New Sales Director
Petzl America appointed Blair Williams to sales director. Williams joins Petzl with a strong professional background in business-to-business sales and a passion for alpinism, climbing, and the outdoors…
SpendingPulse: Small Retailers Continued to Set Sales Pace in June
June spending at small retailers increased 8 percent compared to June 2011, according to a SpendingPulse report released today by MasterCard Advisors and Wells Fargo, the nation’s largest small business lender…
Adidas to Close Only China Factory
Adidas AG has decided to close its only apparel factory in China as part of its plan to reconsolidate its global resources. The factory in China's coastal city of Suzhou will be closed at the end of October, the company told Reuters…
Li-Ning Sponsors Red Bull King of the Rock Tournament
Li-Ning will serve as the official footwear and apparel partner for Red Bull King of the Rock, the first official sporting event ever to be held on Alcatraz Island…
Movement Skis Locks in Exclusivity on Thin-Ply Tehcnology
Movement Skis signed an exclusive three-year deal for North Thin-Ply Technology (TPT), the revolutionary ski construction technology that provides the backbone of their strikingly ultralight X-Series ski collection, according to Garmont North America, whi
OIA VantagePoint: June in Like a Lion, Out Like a Lamb
Outdoor product sales growth lost some momentum as June progressed but sprang to life again in July. Hot weather and a well-positioned mid-week holiday helped send consumers into the cool respite of retail. According to point-of-sale data compiled by Spor
Five Ten Restructures European Sales and Marketing Team
Five Ten, the climbing and bike shoe specialist acquired by Adidas in November 2011, has restructured its European sales and marketing team. The new team will work out of new offices based in Herzogenaurach, Germany as of Aug. 1…
Polartec CEO Andrew Vecchione to Step Down
Andrew J. Vecchione, president and CEO of Polartec, LLC, announced that he has decided to step aside, effective upon the appointment of his successor. Vecchione will remain with the company as a senior adviser, board of directors member and equity partici
Boardworks Surf Names SUP Rep for Mountain States
Boardworks Surf welcomed David Jordan of Utah to it’s sales team. Jordan will be managing all Boardworks Stand Up Paddle accounts in Utah, Idaho, and Montana…
Mountain House Uses Tests to Dispute Rival’s Claims
Mountain House released results of a study showing oxygen levels in freeze dried food made by rival Wise Company averaged 110 times higher than its own…
Academy Sports Expands Distribution Center in Georgia
Academy Sports + Outdoors will expand its distribution center operation in Twiggs County, Jeffersonville, Georgia, creating 250 jobs. The project expands the Jeffersonville distribution center at 1 Academy Drive by more than 500,000 square feet…
Johnson Outdoors Cuts More Watercraft Jobs
Johnson Outdoors Inc. is making additional changes, including eliminated 28 jobs, to improve the profitability of its Watercraft business, which owns the Old Town, Necky and Ocean Kayak brands. The effort includes a restructuring of the unit's U.S. a
Magellan Turns to Cartoon to Get Kids Geocaching
Magellan has partnered with a Canadian company that produces the GeoFreakz cartoon and online game to encourage kids to move from virtual to actual geocaching at select national parks in Canada…
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