Shoe Carnival, Inc. reported second-quarter results that came in short of expectations due to weather that hurt traffic and the slower trend in the toning category. Earnings slumped 34.1 percent to $2.7 million, or 20 cents per share, from $4.1 million, o
Category: Sports/Fitness
Canadian Tire Completes Acquisition of Forzani
Canadian Tire Corporation, Limited said it completed its acquisition of The Forzani Group Ltd. Its subsidiary FGL Acquisition Co Limited successfully acquired the 905,853 remaining Class “A” shares of The Forzani Group Ltd. not already owned…
Liberty Mountain Picks up Valandré Line
Liberty Mountain has begun distributing Valandré, a line of high end technical down products, to outdoor specialty retailers in the U.S. Based in France, Valandré’ is a high-end manufacturer of down sleeping bags and outerwear for mountaineers and
Under Armour to Sponsor Grand Prix
Under Armour Inc. has inked a deal to sponsor the inaugural Baltimore Grand Prix event…
CamelBak Acquired by Owners of Fox Racing Shox
Compass Diversified Holdings, which owns Fox Racing Shox, acquired an 89.9 percent stake in CamelBak Products, LLC for $257.5 million. The deal estimated CamelBak's total enterprise value of $245.0 million, or about two times 2010 sales. Camelbak CEO
Apparel Nearsourcing Directory Launched at MAGIC
The Office of the U.S. Trade Representative launched a new online directory at the MAGIC textile trade show that will help to enhance textiles trade and attract job-supporting investments to the United States and six trading partners who are parties to th
Confluence Moving to New Digs in Upstate South Carolina
Confluence Watersports will relocate this fall to a new 300,000-square-foot facility in Greenville, S.C. within 10 miles of the company's current operations in Easley, SC. The move enables significant cost savings and efficiency gains and will put em
Timberland to Open First Minnesota Store
Timberland has signed a multi-year lease at Calhoun Square in Minneapolis's Uptown neighborhood. The company will occupy a 2,000-square-foot space, according to mall officials. The store plans to open Nov. 1…
Collective Brands to Close 475 Stores
Collective Brands, Inc. said that as part of its efforts to optimize the performance of its Payless and Stride Rite store fleet, it would close approximately 475 under-performing and low-volume, non-strategic stores in the next three years with more than
Rock/Creek Plans to Open Expanded Paddle Shop Oct. 1
Rock/Creek said it expects to open a new, improved retail paddling store, outlet and distribution center in Chattanooga, TN Oct. 1 just in time for the Rock/Creek StumpJump 50k and Chattanooga RiverRocks festival. The expanded location will make Rock/Cre
Marcovitch Named President and CEO at Coleman
Robert F. Marcovitch has been named president and CEO of The Coleman Company, Inc., effective September 1, 2011. Marcovitch joins Coleman from his current role as President and CEO of K2 Sports, a Seattle-based global manufacturer of skis, snowboards and
Pacific Sunwear Posts Q2 Loss, Comps up 1 Percent
Pacific Sunwear of California, Inc. reported a net loss of $19.3 million, or 29 cents per share, in the second quarter compared to a net loss of $23.5 million, or 36 cents, a year ago. Sales were $214.9 million versus net sales of $218.3 million a year ag
Adidas Launches Barefoot Gym Shoe
Adidas unveiled its first “barefoot” training shoe, calling it the first barefoot shoe designed for the gym. The Adipure, which will be in stores in November for $90, is designed to mimic exercising barefoot, but with the protection, traction and durabili
Head of Adidas’ London 2012 Program Joins Ralph Lauren
Adidas's Global Olympic Games director and head of London 2012 will leave the company next month. Erica Kerner is taking up the newly created position of vice president of marketing for Polo Ralph Lauren in Asia Pacific and will be based in Hong Kong
Eco Index Grant Program Recipients Announced
The Portland Development Commission (PDC) and Outdoor Industry Association (OIA) announced the grant recipients for the Eco Index matching grant program. Portland-area companies Adidas, Columbia Sportswear, Icebreaker, Keen, and Korkers have been selected
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