Acushnet Company announced that the transaction for its sale from Fortune Brands, Inc. to a consortium led by Fila Korea, Ltd. and Mirae Asset Private Equity, was completed. The sale was announced on May 20. Acushnet will remain as a standalone company th
Category: Sports/Fitness
Nielsen Exposition Sales Flat in Q2
Nielsen Holdings N.V. said sales by its Expositions segment, which owns the Outdoor Retailer and Interbike shows, were flat in the second quarter ended June 30, 2011, but remain up 8% year to date…
Cabela’s to Open Second Store in West Virginia
Cabela's plans to open a store in in Charleston, W.Va. Cabela's expects to open the Charleston store in summer of 2012. The 80,000-square-foot store will be located in the Southridge Centre shopping area off U.S. Highway 119, and will be Cabela&
Cabela’s Comps Rose 4.4 Percent in Q2
Cabela's Inc. reported adjusted earnings rose 14.9 percent in the second quarter, to $22.3 million, or 32 cents a share. Revenues increased 7.7 percent to $562.1 million. For the quarter, comparable store sales increased 4.4 percent. On a reported ba
OIA Benchmarking Studies Point to Leaner, More Profitable Industry
The outdoor industry has emerged from the recession leaner and more profitable, according to two benchmarking reports released by Outdoor Industry Association. High-profit retailers in this year’s study reported an average gross margin of 46.5 perce
Thierry Henry to Endorse Puma
Soccer legend Thierry Henry has signed a multi-year partnership with Puma. The 33-year old French forward, one of the Major League Soccer's top goal scorers, will participate with Puma in a wide variety of consumer and trade programs and activities t
Goodhew to Expand Distribution to Canada
Goodhew, the sock maker, is launching their recently rebranded sock line and its new Sockwell brand in Canada with the help of Julie Skirving, a Canadian consultant. Skirving originally worked with Jim Markley, co-owner of Goodhew, during his time at Smar
Under Armour’s Revenues Soar 42 Percent in Q2
Under Armour, Inc. reported revenues increased 42.2 percent in the second quarter ended June 30, to $291.3 million from $204.8 million in the prior year's period. Net income increased 77.1 percent to $6.2 million, or 12 cents a share, from $3.5 milli
Obscene Jeans Signs Option to Acquire We Are Yoga
Obscene Jeans Corp., based in Sarasota, FL, signed an Option Agreement to acquire We Are Yoga, LLC, an activewear clothier that produces the successful Wisdom & Co. line of yoga wear…
Garmin Closes Navigon Deal
Garmin Ltd. has completed the acquisition of Navigon AG, a privately-held navigation provider headquartered in Hamburg, Germany…
Performance Enterprises Partners with TSS Technologies
Performance Enterprises entered into a joint venture partnership with TSS Technologies, resulting in the creation of Dynavision International LLC – an established provider of performance and rehabilitation technology for the sports, tactical and medical m
NSGA Names New Board Member, Reappoints Another
The National Sporting Goods Association announced the appointment of Dale Donaldson, owner of Mallard's Source for Sports in Castlegar, British Columbia, Canada, and the reappointment of Jeff Brusati, president of T&B Sports in San Rafael, CA to the
Icebreaker Adds Canadian Rep Team
Peter MacDonald is joining the Canadian sales team for Icebreaker, the New Zealand maker of merino wool apparel…
New Era Restructures Product/Marketing Teams
To support its strong growth, New Era said it is restructuring its global product and marketing teams, and investing more resources to further develop their emerging accessories and apparel divisions. The newly expanded global teams will lead brand strate
Antigua Golf Appoints Sales Reps
The Antigua Group, Inc. named golf apparel industry veterans Jeff DiBona and Ron Hilo as its newest sales representatives…
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