Dick’s SG’s Q1 Comps Miss Plan
Dick's Sporting Goods, Inc. reported a modest gain in first-quarter earnings, in line with expectations. Adjusted for the shifted calendar due to the 53rd week in 2012, consolidated same store sales decreased 3.8 percent, compared to its guidance of
L.L.Bean Passes Torch to Founder’s Great Grandson
L.L.Bean's long-time chairman and former CEO Leon A. Gorman told the company's employees Monday that he is retiring and passing the torch to another descendant of company founder Leon Leonwood Gorman. He will be succeeded by Shawn Gorman, 47, th
Wal-Mart Stores, Target Opt Out of Credit Card Settlement
Wal-Mart Stores Inc., Costco Wholesale Corp. and Starbucks are among 19 major retailers who said they are opting out of a multi-billion dollar class-action settlement with Visa Inc. and Mastercard Inc. over their transaction processing fees…
Stormy Kromer Partners with USA Ski Jumping
Stormy Kromer has signed on as the official lifestyle apparel sponsor of USA Ski Jumping and the official fashion wear supplier of Women's Ski Jumping USA…
PGA Touts Golf’s Benefits
The World Golf Foundation and Golf 20/20 commissioned The Walker Research Group to identify and report on the health and wellness benefits of golf participation. According to the research, a round of golf can burn between 1,300 and 2,000 calories and has
REI Begins Selling Miir Commuter Bikes
REI said it has become the first national retailer to sell MiiR’s inaugural commuter bike line, which includes three models: the single-speed Wave and the five-speed High 5 Diamond and Mixte frames. All models and sizes are now available at five REI
EORA Launching First Show in Florida
EORA (Eastern Outdoor Reps Association) will be hosting an inaugural show in Florida to help its members service Florida retailers that not only specialize in the outdoor market but also the lifestyle and resort markets. More than 66 brands will be exhibi
OIA Opens Early Bird Registration for 2013 Rendezvous in San Diego
Outdoor Industry Association (OIA) has opened online registration for 2013 Rendezvous, its annual leadership forum. An early-bird rate of $100 off the normal registration fee is available until June 13…
TGEN And Riddell Partner For Biomaker Study Of Concussive Injuries
The Translational Genomics Research Institute (TGen), and Easton-Bell Sports through its Riddell brand, announced they would work together on a study designed to advance athlete concussion detection and treatment…
Volcom Hires VP of Women’s
Volcom, Inc. appointed Mandy Fry as VP of women’s. Most recently, she was Billabong Women's senior design director…
REI Exited Two Factories Over Compliance Issues in 2012
REI stopped doing business with two of its more than 130 offshore factories in 2012 after they either failed to respond adequately to remediation plans or were not forthright about their stand on hiring minors, the company disclosed in its 2012 Stewardshi
Spy Brand Continues Momentum in First Quarter
Spy Inc.’s strategy of shedding licenses to focus on its eponymous action sports eyewear brand appears to be yielding results. The company reported sales of Spy-branded eyewear grew year-over-year for the eighth consecutive quarter to reach…
Skechers Swings To First-Quarter Profit
Aided by increasing acceptance of its performance offerings, Skechers USA, Inc. reported revenues rose 28.6 percent in the first quarter, to $451.6 million. Earnings reached $6.7 million, or 13 cents a share, rebounding from a loss of $3.7 million, or 7 c
BSN Sports to Merge with Herff Jones
BSN Sports has signed a definitive merger agreement with Herff Jones, the manufacturer of graduation-related materials and educational products, as well as cheerleading apparel and services. Under terms of the agreement, BSN Sports will join the HJ portf
Brown Shoe Sells Avia and Nevados
Shortly two years after buying both brands as part of its acquisition of American Sporting Goods (ASG), Brown Shoe Company, Inc. announced last week that it had sold Avia and Nevados for $74 million…
