Safilo Reports Weak Sales At Solstice Stores
Safilo Group S.p.A. sales continued to fall in North America in the first quarter, lead by a big decline at Solstice, a U.S. retail chain that sells sunglasses from Smith, Carrera, Polaroid and dozens of licensed fashion brands. Sales in North America declined 4.3 percent to €127.2 million, or 5.6 percent in currency-neutral terms compared […]
Vista Outdoor Cites Record Q4 in Ammo Expansion
Vista Outdoor Inc. (Nasdaq:VSTO) will spend most of its $90 million capital budget this year kicking off a three-year initiative to expand its ammunition manufacturing capacity after reporting record fiscal-fourth-quarter results at its shooting sports segment.
Black Diamond Cites Recalls in Higher Q1 Loss
Black Diamond Inc. said that despite strong North American demand for its gear, losses grew in the first quarter due to tough conditions in Europe and higher spending on quality control initiatives.
Coleman’s Plan to Repatriate Manufacturing Jobs Triggers Opposition
Segments of the U.S. textile industry are opposing the company’s effort to bring manufacturing jobs from Asia to a foreign trade zone in Minnesota.
Higher Bike Inventories Overshadow 2016 Outlook
After a strong start to the year, independent bike dealers (IBD) and bike vendors ended 2015 with a glut of some bikes that could stymie sales of Model Year 2016 bikes this spring.
Sports Direct Defends Labor Practices
The UK retailer defended its labor practices after The Guardian newspaper reported it effectively pays some warehouse workers less than minimum wage.
Boardworks Names New Sales Director, SoCal Rep
Boardworks named Andrew Valentine sales director and promoted Rick Gravesen to sales rep for Southern California…
OIA Raises Voice on Climate Change
Outdoor Industry Association (OIA) will push U.S. policy makers harder for concrete action on climate change, according to a statement released Friday by its board of directors…
Camagnolo to Sponsor NA Handmade Bicycle Show
Campagnolo is returning as a sponsor for the North American Handmade Bicycle Show (NAHBS) in 2016, when it will once again hold a competition for the “Best Campagnolo-Equipped Bike” as part of the NAHBS Awards…
Modell’s to Open Two New York Locations
Modell’s Sporting Goods is scheduled to open two new locations this week, bringing their total number of stores to 155 in 10 states…
361 Degrees Introduces 360 Degrees Ad Campaign
361 Degrees USA, the athletic footwear manufacturer, introduced their new marketing campaign for 2016 titled “Fast & Soft” and featuring a new mythical character, “Sheepa.” The unique new visual campaign will focus on the benefits
Fitbit CEO to Keynote CES 2016 Leaders in Technology Dinner
James Park, CEO and co-founder of Fitbit, will deliver the keynote address at the Leaders in Technology (LIT) Dinner at the upcoming CES 2016…
Senators Push for Reauthorization and Full Funding of LWCF
U.S. Senators Richard Burr (R-NC) and Michael Bennet (D-CO) led a bipartisan coalition of 14 senators Wednesday in requesting permanent reauthorization of the Land and Water Conservation Fund (LWCF) along with full mandatory funding in one of the bills Co
Wolverine Worldwide Appoints New President Of Lifestyle Group
Wolverine World Wide, Inc. appointed Richie Woodworth to the position of president of the company's Lifestyle Group, which includes the Sperry, Stride Rite, Keds, and Hush Puppies brands, effective Jan. 3, 2016. He most recently led Wolverine Worldwi
Walton Family Foundation Awards $100K to PeopleForBikes
The Walton Family Foundation, which was created by Walmart founders Sam and Helen Walton, has awarded a $100,000 grant to PeopleForBikes in support of its Business Network…
