Surftech LLC Sells Minority Stake to Long-Time OEM Partner in Thailand
Surftech LLC has agreed to sell a minority stake to Cobra International Co. Ltd, its long-time manufacturing partner in Thailand in a move that will provide it preferred access to one of the world’s largest manufacturers of composite watercraft amid
REI Kills Life-time Return Policy, Citing Uptick in Returns of Dated Merchandise
Internal inconsistency and the growth of social media likely contributed to an uptick in product returns at Recreational Equipment Inc. that prompted the retailer to kill its lifetime return policy last week…
Cabela’s On Track to Offer Store-to-Door Fulfillment in Q4
Cabela’s Inc. is on track to offer store-to-door deliveries in the fourth quarter, CEO Tommy Millner said at the company’s annual shareholder meeting…
Vail Resorts’ Retail Margins Deteriorate in Third Quarter
Vail Resorts Inc. reported disappointing results at its retail/rental operations in the third quarter despite comp store growth of 7.4 percent due to a higher mix of sales from lower margin urban stores…
Ramp Sports Adds Two Production Specialist in Park City
Ramp Sports has hired two new production specialists dedicated to increasing production of Ramp skis and snowboards to meet rising consumer demand…
Quiksilver’s Losses Widen in Q2
Particularly hurt by soft sales in Europe and steep markdowns to clear DC Shoes’ inventory, Quiksilver Inc.’s losses swelled in the second quarter ended April 30…
Jarden to Offer $250 Million in Notes
Jarden Corporation announced that it intends to offer $250 million in aggregate principal amount of senior subordinated convertible notes due 2019 in a private offering to institutional buyers…
OR Summer Market 2013 to Feature Deep Water Climbing Event
Capping off Outdoor Retailer Summer Market 2013, the Psicobloc Masters Series – the first deep water soloing competition ever held in the U.S. – will be held August 2, at the Utah Olympic Park in Park City…
Sports Science Moves into New Production Facility in Virginia
Sport Science, in partnership with Sundog Productions, LLC, is now operating from a new 40,000-sqare-foot production facility in Farfax, VA…
River Outfitters Off to Normal Start Nationwide
Late spring snow and rain across the country has positioned rafting outfitters and paddlesports retailers well for a normal if not strong start to the 2013 commercial paddling season.
Quiksilver’s Losses Expand in Q1
Quiksilver Inc., which also owns DC Shoes and Roxy, reported revenues in its second quarter ended April 30 were down 6.7 percent to $459 million, and were down 5 percent, or $25 million, in constant currencies. Americas net revenues increased 3 percent t
After Tests, Lululemon Yoga Pants Return to Shelves
Lululemon Athletica Inc. is restocking its Luon black yoga pants after pulling them in March for being too sheer, Lululemon said in a statement…
Patagonia Promotes Doug Freeman to COO Post
Patagonia Inc. promoted Doug Freeman to the position of chief operating officer, effective immediately. Freeman's portfolio includes advanced product R&D, material R&D, sourcing, social and environmental responsibility and the company's distribu
NRF Launches Retail Industry Job Board
The National Retail Federation announced the launch of Retail Jobs powered by NRF, a recruiting and search tool developed for retailers and job seekers. The job board will serve as a fundamental part of NRF’s This is Retail: Careers, Community, Inno
Smart Apparel Startup OMsignal Gets $1M in Seed Funding
Montréal-based OMsignal Inc., a startup company which develops bio-sensing clothing that connects with mobile devices, has obtained a $1 million seed-stage round of financing. The deal involved Canadian venture capital firms Real Ventures and Golden Ventu
