SGB Executive Outdoor

Canadian Tire Reshuffles Management

Canadian Tire company said it will record a one-time pre-tax charge of approximately $15 million in the third quarter of 2010 for severance costs associated with the departure of some senior managers and employees. Mike Arnett, who oversees the company&#0

Competitor Group Undergoes Recapitalization

Falconhead Capital, LLC, announced the recapitalization of its portfolio company, Competitor Group, Inc. Headquartered in San Diego, Competitor Group is an endurance media and event entertainment company dedicated to promoting the sports of running, cycl

Bureau of ATF Awards Glock Ten-Year Contract

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has awarded GLOCK, Inc. an unrestricted open market competitive firm-fixed Indefinite Delivery Indefinite Quantity (IDIQ) multiple-award contract…

Lululemon’s Q2 Earnings More Than Double on 31% Comp Gain

Lululemon Athletica Inc. reported revenue jumped 55.8% in the second quater, to $152.2 million from $97.7 million in the year-ago period. Comparable-store sales increased by 31% on a constant-dollar basis. Profits more than doubled to $41.4 million, or 58

OIWC Recognizes Pioneers in Bike Industry

The Outdoor Industries Women’s Coalition (OIWC) named Ellen Johnson and Tara Moeller as the winners of the 2010 Bike Industry Pioneering Woman and First Ascent awards…

Ferrand Associates’ Bill Lockwood Elected EORA President

Bill Lockwood of the Mid-Atlantic region Ferrand Associates was elected unanimously by the EORA board of directors to service as the association's new president. Outgoing President Al Diamond had served as the association president for the past two y

The Buckle Comps Trip 3.5% in August

The Buckle, Inc. said that comparable store net sales for the four-week period ended Aug. 28, 2010 decreased 3.5% from comparable store net sales for the same four-week period ended 2009…

Stage Stores’ Comps Rise 2.4%

Stage Stores, Inc. said its total sales for the four-week August period ended Aug. 28, 2010 increased 2.4% to $114 million from $111 million in the prior year four-week period ended August 29, 2009. Comparable store sales increased 0.5%…

Running Room Opens First Store in Montreal

Running Room opened its first store in the city of Montreal. The company now has 92 corporately owned stores, largely in Canada. It has seven stores in Minnesota and one in Iowa…

Life is Good Supports Packages for Troops

In honor of the National Day of Service, Life is Good will galvanize volunteers and partners to assemble care packages for local troops serving in Iraq and Afghanistan at the 2010 Life is Good Festival at Blue Hills…

Apple Licenses Ping Trademark

Ping and its parent company, Karsten Manufacturing Corporation, entered into an agreement with Apple under which Apple will use the Ping trademark in connection with Apple's new social music feature in iTunes…

Columbia Completes OutDry Acquisition

Columbia Sportswear Company has completed its previously announced acquisition of OutDry Technologies S.r.l., from Nextec S.r.l., based near Milan, Italy. OutDry Technologies S.r.l. owns the intellectual property and other assets comprising the OutDry bra

U.S. Apparel Sales Rise 2.6% in August

SpendingPulse, a macro-economic report tracking national retail and service sales, said U.S. retail industries in August rose 2.6% year-over-year follwoing a 1.1% drop in July. Nevertheless, the tendency has been more towards remaining stable and flat rat