Dick’s Officially Launches Nike ACG
Dick's Sporting Goods formally announced the launch of Nike ACG outdoor brand as an exclusive in its stores. The retailer had said the deal was in the works during its Q2 conference call, but has provided few details on the roll out. the NIKE ACG lin
RailRiders and TeamOne Newport Team up for Sailing Apparel
RailRiders Adventure Clothing and Team One Newport are making headway with a newly developed partnership. The companies will join forces using their combined expertise to develop a new collection of sun protective apparel specifically designed for the sai
Fleet Feet Gives Employees a Chance at Ownership
Former Fleet Feet employees now own 18 of Fleet Feet’s 77 franchises, and the company’s goal is to substantially increase the number of store employees in its franchise development program. Fleet Feet, Incorporated kicked off this initiative in December o
Timberland Sees Double Digit Q3 Sales and Earnings Declines
The Timberland Company third quarter revenue was $433.3 million, down 13.9% compared to the prior year due to declines in their boots and kids’ businesses as well as declines in the Timberland apparel business. Foreign exchange rate changes increased thir
Grassroots Adds Idaho Mountain Touring to Roster
The Grassroots Outdoor Alliance has added it's 34th Member and 73rd store to their membership base of outdoor specialty retail stores. Idaho Mountain Touring joined the independent outdoor retail group this week…
Pacific Sunwear Hires Financo as Financial Advisor
Pacific Sunwear of California, Inc. has retained Financo, Inc. as its financial advisor to identify and explore strategic alternatives for the company's 154 demo stores. On October 24, PacSun announced its intention to explore strategic alternatives
Under Armour Opens First Store
Under Armour Inc. on Thursday will open its first retail location at the newly expanded Westfield Annapolis Mall in Maryland. The 4,500-square-foot store is made to look like what's underground at a stadium and is intentionally designed to recreate t
Half-Moon Outfitters Raises $6,000 for Coastal Conservation League
Half-Moon Outfitters hosted it�s 7th Annual Island Giant Kayak Race Saturday, October 27th at the Isle of Palms, South Carolina. This event raised $6000 for the Coastal Conservation League, who fight to protect the natural environment of the South Carol
Garmin Q3 Sales Climb 79%; Earnings Grow 57%
Garmin Ltd. third quarter revenue was $729 million, up 79% from $408 million in third quarter 2006. Outdoor/Fitness segment revenue increased 24% to $88 million and the marine segment revenue increased 17% to $48 million. Diluted earnings per share increa
Garmin Makes Counter-Offer for Tele-Atlas
Garmin intends to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of €24.50 in cash per share, implying an equity value for the Company of €2.3 billion. The intended Offer will be
Quiksilver Inks Deal to Sell Cleveland Golf
Quiksilver Inc. has reached a definitive agreement to sell 100% of the stock of its Cleveland Golf Company Inc. subsidiary to SRI Sports Limited, based in Japan. The transaction value is $132.5 million and is expected to close during before January 31, 20
Bob Corliss Becomes CEO of Utix
Robert J. Corliss, former president/CEO at The Athlete's Foot, became CEO and president of Utix Group, Inc, a leading prepaid gift tickets provider. Corlis resigned from The Athlete's Foot in May following the sale of the franchisor to NexCen Br
Crocs Q3 Sales Increase 130%
Crocs revenues for the third quarter increased 130% to $256.3 million compared to $111.3 million for the quarter ended September 30, 2006. Net income for the quarter ended September 30, 2007 was $56.5 million, or 66 cents per diluted share, compared to $2
Cabela’s Hires New CHRO
Cabela’s Incorporated hired Charles Baldwin as vice president and chief human resources officer. Baldwin will be responsible for managing Cabela’s growing family of employees and attracting, retaining and developing talent for Cabela’s…
Hanesbrands Third Quarter Earnings Decline as Sales Inch Up
Hanesbrands Inc., which owns Champion and Hanes, reported third quarter sales increased 3.1% to $1.15 billion but earnings per diluted share decreased to 40 cents compared to 52 cents a year ago primarily as a result of higher interest expense associated
