Lululemon athletica Boosts Stake in Australian Venture
Lululemon athletica inc. increased its equity interest in its Australian joint venture partner, New Harbour Yoga Pty Ltd., from 13% to 80.3%. The deal marks lululemon's increasing commitment to the market where it operates nine stores and four showro
Nautilus Losses Halved in Q1 on 18.6% Sales Decline
Nautilus, Inc. released unaudited results showing losses narrowed by more than half in the first quarter ended March 31, 2010 despite an 18.6% decline in sales…
Sports Authority to Launch ‘S.A. Elite’ Concept
Sports Authority is planning on launching a new smaller concept, S.A. Elite, focusing on higher-end footwear and apparel. The first location will open in Denver in August to serve as a model for future stores. The size of concept will range from 12,000 to
SGMA: SG Sales Expected to Grow 2% to 4.5% in 2010
More than 60% of the membership of the Sporting Goods Manufacturers Association (SGMA) predicts that 2010 will be a year of solid, single-digit growth for the sports, fitness, and recreation industry in the United States, according to SGMA's State of
Rawlings Partners with Edison Nation
Rawlings has partnered with Edison Nation to help discover the next game-changing baseball and fast-pitch softball training product. Edison Nation, an open innovation platform, accepts, filters and processes the submissions of independent inventors lookin
Antigua Golf Names National Sales Manager
The Antigua Group, Inc., the maker of golf and sports apparel based in Peoria, AZ, has named golf apparel industry veteran John Anderson as the new national sales manager of its Golf Division…
Paddle Council Seeks First Nominees
The Paddle Council, a coalition of top paddlesports manufacturers, retailers and stakeholders, dedicated to the advancement and sustainability of the industry, is seeking nominations to its advisory panel…
April Retail Stymied by Easter Shift, Weather
Retailers flying high following a record March for same-store sales were brought crashing back to reality during April, as a calendar shift and cooler, damp weather caused more than 70% of retailers to miss estimates for the month…
Black Diamond and Gregory Mountain Acquired by Publicly-Traded Clarus Corp.
Clarus Corporation has signed definitive merger agreements to acquire, in two separate transactions, Black Diamond Equipment, Ltd. and Gregory Mountain Products, Inc. The aggregate purchase consideration, prior to adjustments, for both acquisitions is app
Nike, Inc. Outlines Five-Year Growth Plan
In its first analyst meeting in three years, Nike, not uncharacteristically, heralded an ambitious five-year goal to expand sales by 40% to $27 billion by 2015…
Fox Racing Shox’s Parent Reports Loss
Compass Diversified Holdings, the parent of Fox Racing Shox and Liberty Safe, reported a net loss of $15.3 million for the first quarter, which includes a $14.4 million non-cash supplemental put accrual expense…
Broder Bros. Reduces Q1 Loss
Broder Bros., Co. reported first quarter 2010 net sales were $153.5 million compared to $151.7 million for the first quarter 2009. Loss from operations for the first quarter 2010 was $3.3 million compared to $6.9 million for the first quarter 2009. Net
New England Footwear Names Communications Manager
New England Footwear named Vivian Lefebvre as Director of Public Relations and Marketing. She will lead marketing strategy, public relations, social media, and consumer and trade communications for New England Footwear's brands Go Lite and Z7…
Outdoor Channel Reports Q1 Sales Up 5.0%
Outdoor Channel Holdings, Inc. said revenues were up 5.0% for the three month period ended March 31, 2010 due largely to the acquisition of Winnercomm Inc…
Spyder Hires PR Firm
Spyder Active Sports has appointed Akimbo Communications to oversee the company's media relations and social media campaigns…
