Lafuma Group Reports Big Loss, Unveils Restructuring Plan
Lafuma Group unveiled a major restricting plan after sharply marking down the value of its Oxbow action sports brand, reporting a 15.4 percent decline in sales and a net loss of €60.0 million for the six months ended March 31…
Power and Sailboat Sales Rebounded in 2012
The National Marine Manufacturers Association (NMMA) reported that retail sales of new power and sailboats increased 10.7 percent in 2012 to 163,245, demonstrating a post-recession recovery for the industry…
VF Corp. Reveals Growth Targets for 2017
VF Corporation Corp expects revenues at its Outdoor & Action Sports coalition to reach $11.1 billion by 2017, or grow at a five-year capitalized annual growth rate of 14 percent. That will include 11 percent organic growth and 3 percent growth from acquis
RECALL: 80,000 Gerber Machete Sheaths
Gerber is recalling 80,000 sheaths shipped with its Bear Grylls Parang machetes in the United States and Canada, because they can fray during normal use and expose the user to a laceration hazard…
Vans Gears Up For US Open of Surfing
Vans is ramping up for its first year as title sponsor of the Vans US Open of Surfing in Huntington Beach, CA. The Vans US Open of Surfing will take place July 20-28, 2013…
Justin Bieber Re-ups as Face of Adidas NEO
Global POP/R&B superstar Justin Bieber will be the face of the NEO guy´s collection for the second season…
O’Neill Clothing USA Appoints President
O’Neill appointed Steve Wilson to a newly created role of president of O’Neill Clothing USA. Most recently, Wilson served as the General Manager/Senior Vice President of Quiksilver Americas…
Trigger Point Performance Appoints CEO
Trigger Point Performance named Andrew Menter as CEO effective June 1. For over six years, Menter has served as a business advisor to Founder Cassidy Phillips…
Senate Panel Approves Mike Froman for Trade Rep
The Senate Finance Committee on Tuesday approved the nomination of White House chief international economic affairs adviser Mike Froman to be U.S. trade representative. If confirmed by the full Senate, as expected, Froman will replace Ron Kirk as the top
Winston Rod Company Names Western Rep
Winston Rod Company named Darin Elmore as its representative for California, Arizona, Nevada and Hawaii effective immediately…
Kindrunner.com Launches Socially Responsible E-commerce Site For Runners
Kindrunner.com announced its launch as what it calls the first socially responsible e-commerce site designed specifically for runners. Kindrunner.com's proprietary Free 3 Way Shipping allows customers to receive newly purchased shoes and return their
Keen Parks its Newest Garage in Palo Alto
Keen Inc. opened its fourth Keen Garage retail location in downtown Palo Alto, CA, not far from Alameda where the company was founded in 2003. The store, the second in the United States, is opening as the company celebrates its 10th year in business…
Accell Unit Lapierre Bicycles Hires Verde PR
Lapierre Bicycles, which launched its North American subsidiary in April, retained Verde PR & Consulting, becoming the latest ocmpany owned by Accell Group AG of the Netherlands to increase its US presence…
Pyranha Names New U.S. Executive, Splits from Feel Free Kayak
Pyranha has chosen Brian Day to head its U.S. operations and will split from Feel Free Kayaks in July so it can focus on serving specialty dealers carrying its Pyranha, P&H and Venture kayaks…
Lululemon’s CEO to Step Down
Lululemon Athletica Inc. announced that Christine Day will step down as CEO as soon as a successor can be named. The move comes as the yoga-themed retailer took a massive charge against first-quarter earnings as part of a recall of see-through yoga pants.
