Accell Group Reports Disappointing North American Sales
Accell Group N.V. reported first-half bike sales to specialty retailers in North America fell 15 percent due to unfavorable weather and consumers’ continued reluctance to make major purchases. Sales rose 13 percent worldwide, however, thanks to the
Ian Anderson Named Partner at Backbone Media
Backbone Media, the active lifestyle public relations and media agency, has named Ian Anderson as a partner. Anderson, who serves as the firm’s PR director, joins…
Groupe Go Sports’s First Half Sales Decline
Groupe Go Sports reported consolidated sales for the first half 2013 reached €310.8 million ($406 mm), down by 4.0 percent on a same-store basis on a currency-neutral basis, according to its controlling shareholder Rallye…
Columbia Sportswear Slashes Inventory in Response to Cautious Dealer Orders
Columbia Sportswear Company has slashed its inventory in response to retailers’ conservative preseason orders and a renewed focus on freeing up cash, according to its second quarter financial report…
Zoic Clothing Secures Term Loan
Zoic Clothing closed on a term loan from California Bank & Trust that solidifies the cycling apparel company's capital base and an accounts receivable factoring line that enhances its seasonal borrowing ability…
A.T. Cross Targets Watersports Brands
A.T. Cross Company plans to plow some of the proceeds from the pending sale of its legacy Cross pen business into acquiring other performance optical and water sports brands that compliment its booming Costa sunglass business, the company’s CEO said
Granite Gear Buyer to Target Scout Other Brands at Outdoor Retailer
A newly formed investment group that acquired the assets of Granite Gear Inc. and Granite Tactical Gear last week will be scouting other potential acquisitions at the Outdoor Retailer show in Salt Lake City this week…
W.L. Gore Releases Sustainability Report for the First time
W.L. Gore & Associates’ Fabrics Division shared the results of its Life Cycle Assessment (LCA) report for the first time with the public, examining its entire manufacturing process…
Black Diamond Equipment Hires New Rep Firm
Black Diamond Equipment has hired the newly created agency, Ascension Sales, LLC to represent Black Diamond Equipment, Black Diamond Apparel and PIEPS in Texas, Oklahoma, Colorado, Utah, New Mexico, Wyoming and Western Nebraska…
Under Armour’s Q2 Soars on 23 Percent Revenue Gain
Under Armour, Inc. reported second-quarter revenues increased 23 percent, to $455 million compared with net revenues of $369 million in the prior year's period. Net income jumped 163 percent to $18 million, or 16 cents a share, compared with $7 milli
West Marine’s Q2 Impacted by Unfavorable Weather
West Marine, the largest specialty retailer of boating supplies and accessories, said comparable-store sales slid 2.7 percent in the second quarter as continued unfavorable weather reduced recreational boating usage…
NSGA, HDA and Sports Distributors of Canada Embark Upon New Collaboration
The National Sporting Goods Association (NSGA), Hockey Dealers Association (HDA) and Sports Distributors of Canada Ltd. (SDC) jointly announced a unique collaboration which will allow NSGA and HDA member retailers and team dealers access to the group buyi
Amer Sports Q2 Revenues Climb 9 Percent
Amer Sports, which owns Salomon, Wilson, Atomic, Arc’teryx, Mavic, Suunto and Precor, reported sales increased 9 percent in its second quarter. The fastest growth took place in Sports Instruments, up by 31 percent, Apparel, up by 22 percent, Fitne
Altamont Capital Installs New CEO at Dakine
Altamont Capital Partners appointed former Nike executive Leslie Lane to the role of chairman and chief executive officer at Dakine a day after acquiring the company from Quiksilver. Lane replaces Francois Carrete, who resigned as president at Dakine afte
NRS to Acquire WRSI Helmets
NRS, the manufacturer and distributor of paddling gear and inflatable watercrafts, has agreed to acquire WRSI safety helmets…
