Fitness Quest Recalling Ab Lounges…
Fitness Quest Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of approximately 460,000 Ab Lounge, Ab Lounge 2, and Ab Lounge Ultimate Exercisers. Consumers have been advised to stop using the recall
Perry Ellis Would Look at Selling Jantzen Swim Business; Cuts Workforce 25%…
Perry Ellis International said it is open to any potential suitors for its Jantzen Swimwear business, which has the license for Nike Swimwear and Tommy Hilfiger Swimwear. That revelation came at the tail-end of the company’s conference call to discuss Q3
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
Stearns Acquires Watermark’s Inflatable PFD Business…
WaterMark is selling its inflatable PFD business to K2 Inc’s Stearns division. Stearns has acquired all of the assets of the inflatable personal flotation device business including the SOS and SOSPENDERS brands and all warranty responsibility for the prod
Some Johnson Outdoors Investors Get Hot Over Buy-Back Plan…
Quarterly conference calls with financial analysts are usually rather muted, and the most excitement usually experienced is a double-digit sales increase, but tempers flared among investors at Johnson Outdoors’ Q4 call on Thursday as management attempted
Industry Groups Review Election Results…
America Bikes and the League of American Bicyclists compiled an update on the election outcome and the changes it could have on bike legislation. While some results are still undecided, the two organizations feel they have a working understanding of the m
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
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
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
Golfsmith Expands Management Team; Q3 Hurt by Slowdown in Play…
Golfsmith International Holdings, Inc. reported net revenues for the third quarter ended October 2 increased 3.9% to $73.9 million compared with $71.1 million in the same period of the prior fiscal year. Same-store sales decreased 7.9% in Q3 compared to a
