Cabela’s Announces Positive Earnings Surprise on Eve of Annual Investor Day
Cabela’s dropped a few bombshells last week that sent its stock to a 52-week high. On Tuesday, it disclsoed that comp store sales had accelerated since December and are now expected to grow in the high teens in the first quarter. At its annual inves
RILA Lobbies Congress to Address Patent Troll Abuse
Retail Industry Leaders Association (RILA) sent a letter to the House Committee on the Judiciary urging Congress to pass legislation stopping frivolous and costly lawsuits being brought by patent trolls on the retail industry…
Asics Plans Interactive City-Wide Activations at LA Marathon
Asics America Corporation, title sponsor of the 2013 Asics LA Marathon, is transforming the “City of Angels” into the “City of Runners” through several interactive experiences in support of the marathon. The center of the Asics mar
Ruckus Sports Draws Investor to Grow Obstacle Course Series
Steel Sports Inc. has acquired a 20% membership interest in Ruckus Sports LLC for a cash price of $1.0 million, with the right to acquire up to 60% at the same valuation. Ruckus will invest the money to continue building a national series of family orient
Zanier Identifies U.S. Rep Team
Zanier Sports, a performance winter glove brand from Austria, has hired six rep firms to lead its incursion into the U.S. market…
Zumiez’s Q4 Profits Climb 22 Percent
Zumiez Inc., the action sports retailer, reported net income in the fourth quarter increased 22.1 percent to $22.9 million, or 74 cents per diluted share from net income of $18.7 million, or 60 cents, for the prior fiscal year. Comparable store sales for
Nikwax Hires The Sherpa Group Two to Rep Pacific Northwest
Nikwax North America hired The Sherpa Group Two as its newest sales rep agency. The Pacific Northwest-based sales and marketing group will support Nikwax in Washington, Oregon, Idaho, Montana and Alaska…
Brooks to Sponsor Mt. San Antonio College (SAC) Relays
Brooks to Sponsor Mt. SAC Brooks Running Company today announced it will sponsor the Mt. San Antonio College (SAC) Relays and Cross Country Invitational beginning in 2014. With this partnership, over 40,000 athletes and 20,000 attendees will celebrate not
Louisville Slugger Signs Adam Jones
Louisville Slugger, the maker of the number one bat in Major League Baseball, signed Adam Jones, All-Star centerfielder for the Baltimore Orioles and centerfielder for Team USA in the 2013 World Baseball Classic…
Smack Sportswear Signs Exclusive Apparel Deal With Ohio Valley Region
Smack Sportswear, the maker of custom-designed volleyball apparel for indoor and beach volleyball players, announced a partnership with the Ohio Valley Region Inc. (OVR)…
Senate Judiciary Committee Approves Ban on Assault Weapons
The Senate Judiciary Committee on Thursday approved a measure to reinstate a ban on assault weapons. The legislation still faces stiff resistance from Republicans and some Democrats on the Senate floor…
The Buckle’s Q4 Earnings Climb 9.4 Percent
The Buckle, Inc. announced that net income for the fiscal quarter ended February 2, 2013 was $61.4 million, or $1.28 per diluted share, up from $56.1 million, or $1.18 a year ago. Sales increased 7.0 percent to $360.6 million from net sales of $337.1 mil
Golfsmith Opens Two Interactive Stores in Charlotte and Greensboro
With the opening of two new stores in Charlotte and Greensboro, Golfsmith is now North Carolina’s largest golf merchant. The two new stores are in Charlotte and Greensboro…
REI to Open Sixth Store in Washington DC Region
REI (Recreational Equipment, Inc.) will open its sixth store in the Washington DC region in the Tysons area of McLean, Va. in August. The 32,800 square-foot, two-story store will be located at the southeast corner of Leesburg Pike and Chain Bridge Road.
Skechers USA Raises $586,000 from Pier to Pier Friendship Walk
Skechers raised $586,000 from its annual Skechers Pier to Pier Friendship Walk. Of that, $250,000 went directly to The Friendship Circle (www.gotfriends.com) and the rest was divided among six Southern California education foundations…
