SFIA Sees PHIT Act Prospects Improved with Election Results
With the GOP now in control of both the Senate and House of Representatives, political experts including the Sports & Fitness Industry Association’s (SFIA) Public Policy team believe there’s an opportunity to pass a bi-partisan tax reform bill
LWRC International Announces Executive Promotion
LWRC International announces the promotion of Jeff Clemmer to Vice President of product development…
Remington Defense Wins Military Contract
The United States Marine Corps Systems Command has awarded Remington Defense a contract to provide up to 2,000 modular stocks, spares, and magazines in support of the Marine's M40 Sniper Rifle Modular Stock program…
2015 SFIA Litigation and Risk Management Summit Changes Date
Historically held in April, the 2015 SFIA Litigation & Risk Management Summit is moving to Feb. 2-3, 2015 at the Cosmopolitan Las Vegas Hotel, prior to the start of the DRI Product Liability Conference. The event, hosted by the Sports & Fitness Industry A
Nike Terminates Contract with Adrian Peterson
Nike Inc. has severed ties with Minnesota Vikings running back Adrian Peterson after his plea agreement to a misdemeanor assault charge over striking his 4-year-old son. Nike previously suspended Peterson’s endorsement contract in September…
Sports Direct Ups Potential Stake in Debenhams Department Store
Sports Direct International plc, the UK's leading sports retailer, sold its 4.6 per cent stake in Debenhams plc and entered an additional put option contract that nearly doubled its potential stake in the British department store to 12.7 percent…
Adams USA to Liquidate After Selling Brands to Schutt Sports
Adams USA is liquidating after selling its Adams, Trace, Bolco, Neumann and Bucks brands and certain inventory from its current catalog to Schutt Sports. On Monday, Nov. 10, Adams USA was to begin liquidating the balance of its inventory as well as machi
Trade Groups Want Obama to Intervene Should ILWU Action Spread to SoCal Ports
Outdoor Industry Association (OIA) is among more than 100 federal, state and local associations that signed on to a letter sent to President Obama expressing deep concern over the deteriorating state of negotiations between the International Longshore and
Nike Appoints New President of Nike Golf
Nike Inc. appointed Daric Ashford as president of Nike Golf. Ashford is currently VP, GM of Brand Jordan for North America and is a 21-year Nike veteran…
Columbia Sportswear Opens First PFG Store
Columbia Sportswear Co. opened its first Performance Fishing Gear (PFG) store at the Avalon Mall in Alpharetta, GA…
Big Rock Sports Opens Distribution Center in Surrey, BC
Big Rock Sports has opened its newest distribution center in Surrey, British Columbia. More than double the size of the company’s site in nearby Langley, the warehouse…
Halfords Comps Growth Slow in Second Quarter
Halfords Group plc reported same-store sales slowed at its Cycling and Travel Solutions segments in the second quarter compared with the first quarter. The company, which is the
United Kingdom's largest retailer of cycling and leisure products, repo
Dainese Agrees to be Acquired by Investcorp
Dainese, the Italian company that makes protective gear for motorsports, winter sports, bicycling and horse riding, has agreed to be acquired by Investcorp at an enterprise value of €130 million, or roughly $165 million. Company founder Lino Dainese
Adidas’ Q3 Profits Slide on Currency/Golf Challenges
Adidas AG reported third-quarter profits slid 11 percent due to negative currency effects and a continuing slide at its golf division. Currency-neutral (c-n) sales increased 9 percent. In currency-neutral (c-n) terms, sales increased 9 percent, including
Dorel Reports 6 Percent Organic Growth in Q3 Cycling Sales
Dorel Industries Inc. reported organic revenue increased by 6 percent at its Recreational/Leisure segment in the third quarter as e-bike and mountain bike sales grew in the independent bicycle dealer channel and Pacific Cycle benefited from improved consu
