Sports Authority Sees Renewed Energy in October; Outdoor Cited as Issue…
The Sports Authority was able to report fiscal third results compared against combined results as a merged entity in the year-ago period, finally giving the market a real apples-to-apples view of the business for the first time since the deal to merge Gar
Vendor Q3 Results Again Get Acquisition Lift…
Industry vendors in both the Softgoods and Hardgoods categories looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line.
The Athlete’s Foot Expands into India
The Athlete's Foot has formalized an agreement with Planet Sports Pvt Ltd. to become The Athlete's Foot's master franchisee for India. The company projects 80 store openings over the length of the 15-year agreement. Planet Sports Pvt Ltd.
Thorlo Inks Deals with Ski Resorts
THORLO has joined forces with selected premier US ski and snowboard resorts to sponsor on-mountain activities, events, and competitions this winter. Thorlos is the Official Sock of Aspen/Snowmass, Durango Mountain Resort, Telluride Ski and Golf, and Taos
Hi-Tec Announces Several Key Promotions
Hi-Tec Sports USA, has announced the addition of Kevin R. Adametz to the Hi-Tec/Magnum management team in the position of Eastern Sales Director. Kevin joins the outdoor and tactical footwear company with a wealth of experience in sales, key account mana
Snyder Promoted to Product Manager at Thule
Two years ago, Darren Snyder handed in his apron and spoke wrenches for a chance to climb behind the wheel of a Thule Envoy van and crisscross the Western states to visit Thule retailers, consumer events, and support Thule reps. After shaking hands with
Dynacraft Hit with $1.4 Million Fine for Recall Delay…
Dynacraft Industries Inc. will have to pay the piper for delaying to report problems with its mountain bikes, agreeing last week to pay $1.4 million to settle allegations that they incompletely and belatedly informed the Consumer Product Safety Commission
GI Joe’s Sell Equity Stake to Finance Growth…
G.I. Joe’s Sports & Auto Stores has received $11.5 million in equity financing through a deal inked last week with Nogales Investors, a Los Angeles-based private equity firm. The bulk of the financing will be used to finance expansion in the Northwest, w
David and Goliath… or was that BikeE and Giant…
BikeE and Giant are tangled in a legal dispute over manufacturing contracts, recalls and trade secrets. BikeE was the manufacturer of a semi-recumbent bike and saw some success in the market. According to court documents, BikeE’s sales grew from $523,000
Wallenfels Starts a New Era at Mountain Hardwear…
Mike Wallenfels, VP of sales and marketing at Mountain Hardwear for the past ten years, has been promoted to president, succeeding Jack Gilbert, co-founder of the company. Wallenfels will begin in his new role on the first of the year, while Gilbert will
Wolverine Sues to Protect Moc Patents…
Wolverine World Wide has filed a patent infringement lawsuit against Harbor Footwear and Kohl’s for allegedly violating Merrell design patents on three separate models – The Jungle Moc, Jungle Slide and Winter Moc. Harbor Footwear and Kohl's are sell
REI Expands DC; Also Looks at Possible Eastern Location…
REI is beginning construction on a 144,000 square foot expansion to their distribution facility in Sumner, WA, near the co-op’s Seattle area-based corporate headquarters. All of REI’s distribution, including internet purchases and in-store pick-ups are h
Gander Mountain Q3 Hit by Weather Impact; Store Plan Stays on Track…
Gander Mountain saw its third quarter net income cut in half versus the year-ago period on a 7.5% decline in comparable store sales. The company fueled its reported increase in Q3 sales with a 52% increase in total square footage and 14 new stores opened
Dick’s SG Q3 Hurt by Galyan’s Integration Costs…
Dick's Sporting Goods provided a bit more color on the integration costs and efforts associated with its August acquisition of Galyan’s, a merger that will somewhat surprisingly cause the closure of more Dick’s stores than Galyan’s doors. The retail
180s Takes on J.C. Penney for Patent Infringement…
In a second vendor v. retailer patent infringement case, 180’s has won a preliminary injunction against J.C. Penney and Drew Pierson Marketing. 180s is alleging that J.C. Penney and Pierson infringed upon two of 180s' patents relating to wrap-behind
