SGB Executive Outdoor
West Marine Reaches No Penalty Settlement with SEC
West Marine, Inc. has reached a settlement with the United States Securities and Exchange Commission (SEC) which resolves the SEC’s investigation of the company in connection with the facts and circumstances that gave rise to the company’s 2007 restatemen
Nike Halts Use of Leather from Amazon-bred Cattle
Nike, Inc. said it has reinforced its commitment to the environment by releasing new leather sourcing guidelines aimed at helping slow the rate of Amazon deforestation due to cattle grazing within the basin…
MBT Appoints North American Managing Director
MBT has hired Paul Grimble as the North American Managing Director. Grimble’s background includes many years of training at Clark’s in the UK, and leadership of the Ecco brand and business in the U.S…
CPSC Issues Guidance on New Tracking Label Requirement
The Commissioners of the Consumer Product Safety Commission (CPSC) have unanimously approved a draft ‘Statement of Policy’ to clarify the new tracking label requirements included in Section 103 of the Consumer Product Safety Improvement Act (“CPSIA”)…
Amazon.com to Acquire Zappos.com
Amazon.com, Inc. said it has reached an agreement to acquire Zappos.com, Inc. for roughly $840 million in stock and cash. The acquisition would increase Amazon's already considerable purchasing power with outdoor and athletic apparel and footwear bra
Jarden Reports Q2 Sales Down 6.6%; Cost Cutting Boosts Cash Flow
Jarden Corporation reported its financial results for the three and six months ended June 30, 2009. For the three months ended June 30, 2009, net sales decreased 6.6% to $1.3 billion compared to $1.4 billion for the same period in the previous year. Appr
Skechers Q2 Sales Fall 15.7%; Margins Take Significant Hit
Skechers USA, Inc. said sales for the second quarter ended June 30, 2009 were $299.0 million, down 15.7% from sales of $354.6 million a year ago. Net loss was $5.9 million compared to net earnings in the second quarter of 2008 of $14.6 million…
PacSun Updates Q2 Guidance; Expects Sales Decrease
Pacific Sunwear of California, Inc. updated earnings expectations for the second quarter of fiscal 2009, announcing same-store sales for the second quarter are projected to decrease by approximately 24% versus original expectations of negative 17% to 20%.
Gunslick Is Now Gunslick Pro
Gunslick, known for its specialized gun cleaning solutions and easy-to-use tools, is adding “Pro” to its name, packaging and marketing materials to “better reflect the true strength and consumer perception of the brand.” This running change will be accomp
Dick’s SG Pays Fine for Allegedly Overcharging Customers
Dick's Sporting Goods has agreed to pay $23,665 in fines and fees for overcharging customers in Wisconsin, according to the Green Bay Press Gazette…
NRA: AZ Governor Signs 5 Key Pieces of Legislation for Gun Owners
This week Arizona Governor Jan Brewer signed into law five key pieces of legislation that will protect and strengthen the rights of law-abiding gun owners in her state and educate children about gun safety, according to a release by the NRA…
Wojcik Named RGS Regional Director
The Ruffed Grouse Society (RGS) has hired Bruce Wojcik, a Michigan native who holds a BS degree in Wildlife form the Univ. of WI-Madison. Bruce will be the RGS Regional Director for Michigan and Northern Indiana…
InterMedia Outdoors and Trout Unlimited Partner Up
InterMedia Outdoors (IMO) and Trout Unlimited (TU) have signed a long-term cooperative agreement reaching across both organizations' media platforms. As part of the deal, IMO's Sportsman Channel will become the exclusive home to TU's On The
Kellwood Looks to Restructure Debt
Over the past two months, Kellwood has been seeking to renegotiate a $140 million bond issue which matures this month. The company is looking to execute an exchange with a group of bondholders to create a better deal for them which matures in 2014. Unfor
Department of Education Awards $78 Million in PEP Grants
The Department of Education announced the recipients of $78 million in Carol M. White Physical Education Program (PEP) grants. New PEP grants, totaling $26.5 million, will be distributed to more than 140 school districts and community based organizations
