Nike Inc. Q4 Profits Decline on Charges; Futures Slide
Nike Inc. revenues slid 7% to $4.7 billion in its fourth quarter ended May 31 from $5.1 billion in the year-ago period. Excluding currency changes, net revenue was flat for the quarter. Fourth quarter net income decreased 30% to $341.4 million, or 70 cen
Federal and Junior Duck Stamps Debut June 26
The U.S. Fish and Wildlife Service will host the First Day of Sale for the 2009-2010 Federal Duck Stamp and Junior Duck Stamp on June 26 at the Bass Pro Shops Outdoor World retail store in Nashville, TN. Bass Pro Shops will also be sponsoring First Day of
Outdoor Media Resources Launches New Website For The Outdoor Press
Outdoor Media Resources has launched a new website designed as a source of information for outdoor writers, editors, and other industry professionals to help with their work, improve their business practices, and learn about social media. The site, outdoo
Safari Club International Defends Western Great Lakes Wolf Delisting
Safari Club International filed a motion to intervene in litigation concerning the Endangered Species Act (ESA) delisting of the Western Great Lakes wolves. SCI said its action comes in response to five animal rights groups that have challenged the delist
Jones Apparel Increases Investment in Asian Licensing Partner
Jones Apparel Group, Inc. acquired an additional 15% interest in GRI Group Limited, for $15 million, increasing its ownership interest in GRI to 25%. In June 2008, Jones announced a minority investment in GRI, the exclusive licensee of several of Jones�
The Access Fund Signs Memorandum of Understanding with NPS
After six years of collaborative negotiations, The Access Fund finalized and signed a memorandum of understanding with the National Park Service. The newly signed MOU frames a cooperative relationship between the climbing community and the National Park S
Sport Supply Group Acquires Webster’s Team Sports
Sport Supply Group, Inc. has acquired substantially all of the assets of Webster's Team Sports (A.K.A. Webster's Sports Center) of Pompano Beach, FL. Financial terms were not disclosed. Sport Supply Group did not assume any liabilities in the tr
RECALL: Poseidon Diving Wings with Inner Bladders
Poseidon West and the U.S. Consumer Product Safety Commission have issued a voluntary recall of the company's Besea W50 Diving Wings with Poseidon Inner Bladders. The inner bladder located inside the diving wing can break, causing the wing to fail to
Erehwon Mountain Outfitter to Open First Store in Milwaukee
Erehwon Mountain Outfitter, based in Arlington Heights, IL, plans to open its first store in Milwaukee this October. The store at Bayshore Town Center will be the outdoor retailer's fifth location. It operates three stores in the Chicago area and one
RECALL: Loaded Boards’ Orangatang Skateboard Wheels
Loaded Boards Inc. and the U.S. Consumer Product Safety Commission have issued a voluntary recall of Orangatang Skateboard Wheels. The recalled skateboard wheel’s core can shear and blow-out causing the wheel to separate from the skateboard truck’s axle a
Lacrosse Scores as Participation Grows Over 100% in Past Decade
Both U.S. Lacrosse, the national governing body for men’s and women’s lacrosse, and the Sporting Goods Manufacturers Association (SGMA) recently released information regarding the increasing popularity of lacrosse in America…
TJX Reaches Settlement with States on Data Theft
TJX Cos. agreed to pay $9.75 million to 41 states to settle an investigation of a massive data breach that jeopardized millions of payment card numbers. The parent of T.J. Maxx and Marshalls will pay $7.25 million in settlement and investigation costs. In
Pacific Cycle Bids $2.75 Million for Iron Horse Bicycle
Pacific Cycle increased its bid to buy Iron Horse Bicycle Co., which is reorganizing in bankruptcy proceedings, to $2.75 million. With another bid already in from Outdoor Cycle Group, an auction to entertain all bids for the bicycle manufacturer is now se
Sportsmen Defend Management of Great Lakes Wolves
The U.S. Sportsmen’s Alliance Foundation (USSAF) has joined forces with Great Lakes area state hunting organizations and local outdoorsmen to block animal rights group’s attempts to provide 'unnecessary protections' to thriving wolf populations.
ATK’s Speer Gold Dot Selected by French Police
Alliant Techsystems and its international teammate Humbert CTTS SAS have received a contract to supply Speer Gold Dot 9mm ammunition as the new duty ammunition for the entire French police department…
