Bruce Carbonari, chairman and chief executive officer at Fortune Brands, told shareholders at the company's annual meeting that the company is making “excellent progress” towards a potential sale or spin-off of the golf business…
Category: Sports/Fitness
Shimano Q1 Growth Stymied by Japan Earthquake
Shimano Group reported that first quarter sales increased 1.3 percent to ¥50.9 billion ($619 mm) with a small gain in the bicycle component business partially offset by a slight decline in fishing tackle revenues. Bicycle Component division sales rose 2.
American Sporting Goods’ Revenues Climb 32 Percent in 2010
American Sporting Goods saw sales climb 31.5 percent in 2010, to $231.7 million from $176.2 million, according to a filing with the Securities & Exchange Commission from its new parent, Brown Shoe Co…
Crosman Corp. Acquired by NY-Based PE Firm
Crosman Corporation, a manufacturer of airguns and airsoft guns, has been acquired by Wellspring Capital Management, LLC, a New York-based private equity firm…
Hanesbrands Fiscal Q1 Results Boosted by Gear For Sports Acquisition
Hanesbrands Inc., the parent of Champion and Duofold, saw it¡¯s recently-acquired Gear For Sports business boost bottom line health and net sales for the fiscal first quarter ended April 2, prompting the company to raise full-year earnings guidance…
Report: More Social Outdoor Activities Enjoy Boom in Participation
Triathlons, kayaking, adventure racing, trail running and BMX bicycling are helping stabilize youth participation in outdoor recreation, possibly because they appeal to Generation Y’s search for social interaction, according to two reports released
RECALL: CAMP USA
Camp USA, Inc. of Broomfield, CO. is voluntarily recalling 15,500 Photon carabiners and Photon and Mach Express quickdraws because the gates may open under a heavy load, posing a risk of serious injury or death if the climber falls, the U.S. Consumer Prod
Bloomingdale’s Expands Outlet Concept
Bloomingdale's, which launched an outlet concept last year, announced that it will open three new outlet stores in the fall…
Golf Warehouse Expanding Headquarters
The Golf Warehouse is expanding its operations at its headquarters in Wichita, KS. The catalog and e-commerce company also operates soccersavings.com, baseballsavings.com and softballsavings.com…
Shoe Carnival Dist. Center Closed Due to Damage
The Shoe Carnival Distribution Center near Evansville's north side will be closed Wednesday because of roof damage, according to a report from News25 ABC in Evansville, IN…
Spenco Appoints Sports Marketing Manager
Spenco Medical Corporation, the sports medicine and footcare company, appointed Evan Wert as sports marketing manager and Jennifer Wilson as medical marketing manager…
Weyco Group to Expand Glendale Headquarters
Weyco Group Inc., which recently acquired the Bogs and Rafters footwear brands, plans to add 52,000 square feet to its headquarters in Glendale, WI, according to a Wednesday announcement from the Milwaukee office of Opus Development Corp., which is doing
Easton Mountain Products Hires Bercaw as Product Manager
Easton Mountain Products of Salt Lake City has hired John Bercaw as product manager to oversee development of snowshoe, tent and trekking pole product lines…
Study: Social Media Not the Place For Product Reviews
Sixty-two percent of consumers read product or store reviews online before making purchases, but only seven percent have turned to social networks such as Facebook and Twitter to find them, according to survey data from Lightspeed Research…
Outdoor Foundation: Minority and Adventure Sports Participation Grew in 2010
The rate of participation in outdoor recreation in the United States remained solid in 2010 and at the same level seen in 2008. Nearly half of Americans ages 6 and older participated in at least one outdoor activity in 2010, and participation grew signifi