Gander Mountain announced plans to open a store at The Shoals of northwest Alabama…
Category: Sports/Fitness
Sears Collaborates with Outdoor Life on Hunt/Fish Apparel Line
Sears and Bonnier Corporation's Outdoor Life have entered a relationship to launch a line of Outdoor Life branded sportswear for men, available in over 800 Sears stores nationwide and on Sears.com, beginning Sept., 2012…
Black Diamond Reports Early Sales of Spring Products Countered Loss of Winter ASAP Volume in First Quarter
Black Diamond Inc.’s sales and margins increased in the first quarter despite a decline in ASAP orders for ski hardgoods as its dealers moved up spring deliveries of more profitable mountaineering and climbing products to take advantage of unusually
Broder Bros. Q1 Revenues Climb 5 Percent
Broder Bros., Co. reported first quarter 2012 net sales were $183.3 million compared to $173.9 million for the first quarter 2011. Income from operations was $2.3 million…
Gildan to Acquire Anvil Knitwear
Gildan Activewear Inc. has signed a definitive agreement to acquire 100 percent of the common shares of Anvil Holdings, Inc., the parent of Anvil Knitwear, for a total purchase price of approximately U.S. $88 million. Anthony Corsano, president and CEO of
Academy Sports Tops J.D. Power Customer Service Survey
Academy Sports + Outdoors placed first in J.D. Power and Associates' inaugural report measuring the overall sporting goods retailer customer satisfaction experience. Others scoring high across a variety of measures were Hibbett Sports and Play It Aga
OBIT: Klaus Lenhart, CEO of Leki
Klaus Lenhart, owner of Leki poles, died in a plane crash on Monday. He was 56 years old…
March Golf Rounds Continue Strong
According to Golf Datatech, golf rounds played on a national level were up 29.5 percent in March 2012 over March 2011. The biggest regional jumps came in the Mid Atlantic, New England, East North Central, and West North Central…
Big 5 Stymied by Mild Winter Weather in Q1, Q2 Sales on the Uptick
Big 5 Sporting Goods Corp reported a sharp drop in first-quarter earnings on lower margins and a 2.9 percent comp decline. The chain blamed the shortfall on continued macroeconomic weakness in its Western U.S. market, and the absence of winter weather ac
Candian Tire Charity Launches $2M Fundraiser
Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa
Wolverine Acquires Collective Brand’s PLG Brands for $1.23 Billion
Wolverine Worldwide has agreed to acquire Collective Brands' Performance + Lifestyle Group (PLG), which includes the wholesale and retail operations of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.23 billion. Investment firms Bl
Grassroots Outdoor Alliances Funds Outdoor Nation Grant
The Grassroots Outdoor Alliance joined forces with Outdoor Nation to launch a new activation grant program that will provide $10,000 to four innovative ‘grassroots’ projects that get young people outdoors and active. Only employees of the more
Adidas Marketing Exec Sent to Prison in Fraud Scheme
Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde
Adidas Group Ups Full-Year Guidance on Strong Q1 Results
Adidas Group is reporting that preliminary first quarter figures are materially above market expectations. Group sales for the full year are now expected to grow at a rate approaching 10 percent on a currency-neutral basis and net income attributable to s
Report: Wolverine World Wide Chosen as Collective Brands Buyer
Bloomberg News is reporting that Collective Brands Inc., which owns the Saucony, Keds, Stride-Rite and Sperry Top-Sider as well as the Payless ShoeSource discount shoe chain, is opting for an acquisition by Wolverine World Wide Inc., parent of Merrell, Wo
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