Gillette Drops Tiger Woods
Gillette become the latest company to end its multi-million dollar sponsorship deal with Tiger Woods…
Orange 21 Raises $2M More from Shareholder
Orange 21 raised another $2 million with the issuance of a $7 million promissary note to its principal shareholder. The new 9% note supercedes prior notes totaling $5 million. Orange 21 is now positioned to focus on growing its four optical brands, includ
JJB Sports Replaces Chairman, Plans to Raise Capital
JJB Sports Plc, the struggling U.K. sporting-goods chain, plans to raise at least 31.5 million pounds ($48.7 million) in equity financing in a bid to resolve liquidity issues. New investors under the plan include the Bill and Melinda Gates Foundation Trus
Mammut Secures Rights to Use German Ortovox Patents
Mammut Sports Group AG secured worldwide and perpetual rights to use the German Ortovox patent and the associated international patent family. The agreement allows Mammut to resume selling its Mammut Pulse Barryvox avalanche beacon in Germany after a judg
SpendingPulse: ECommerce Sales Jump 15.4% for 2010 Holidays
MasterCard Advisors' SpendingPulse MasterCard Advisors' SpendingPulse reported that during the holiday season – Oct. 31 to Dec. 24 – U.S. consumers spent an estimated $36.4 billion, a 15.4% year-on-year increase over the 2009 holiday season. App
OIA Applauds Move to Restore BLM Balance
Outdoor Industry Association thanked U.S. Secretary of the Interior Ken Salazar for acting to restore a policy of balanced management of public lands. During a press conference held in front of REI's Denver store, Salazar issued an order which will r
New Balance And Red Sox Team Up To Assist War Vets
New Balance and the Red Sox organization are teaming up to help out veterans returning from war. This May, the second annual 'Run To Home Base Presented By New Balance' kicks off in Boston. The 9K race winds throughout the city and ends with run
Siemers Named New General Manager For Burris Company
Robert J. Siemers has been named the new general manager for the Burris Company, Inc., the maker of riflescopes based in Greeley, CO…
Actress Hillary Swank to Develop Athletic-inspired Line
Oscar-winning actress Hilary Swink has reportedly partnered with DMA Designers Management Agency to create a athletic-inspired collection…
L.L. Bean Sees Biggest Ever Sales Day on Dec. 19
L.L. Bean told USA Today that it has broken a number of records already this year, including the biggest sales day in its history on Dec. 19 and the biggest day for website traffic on Dec. 13. The newspaper has been following Bean as part of its “Cautiou
Survey: 23 Million to Shop Christmas Eve
The International Council of Shopping Centers and Goldman Sachs announced that their joint holiday consumer tracking survey indicates roughly 15 percent of shoppers ages 16 and older – a total of 23 million consumers – plan to shop on the day before Chris
Salazar Restores Wilderness Management Guidance at BLM
Outdoor industry leaders hailed an order issued Thursday by Secretary of the Interior Ken Salazar Thursday that will ensure the Bureau of Land Management considers the value of protecting backcountry areas used for recreation when determining how to manag
Smith and Wesson Appoints CFO
Smith & Wesson Holding Corp. named Jeffrey D. Buchanan as executive vice president, chief financial officer and treasurer…
Hong Kong Economist Urges Exporters to Focus on China
Frugal consumers and an end to the inventory replenishment cycle will put downward pressure on prices of Chinese exports, according to a leading Hong Kong economist, who advised Hong Kong exporters to shift their attention toward China's booming dome
Sports Direct First-half Earnings Climb 40%
Sports Direct, the largest sporting goods chain in the United Kingdom, reported a 40% rise in first-half profit, helped by a boost from this summer's soccer World Cup…
