Flip Flop Shops Recognized in Entrepreneur Magazine’s Franchise 500 List
In its second-consecutive year on the list, Flip Flop Shops ranked No. 14 in the “Top New” category on Entrepreneur magazine’s Franchise 500 list — up 27 spots from 2011 — and No. 94 in the “Fastest-Growing” category. Overall
Virus to Provide Ski Patrol with Coffee Char Compression Wear
Virus Action Sport Performance has been chosen as the official supplier for The National Ski Patrol Association (NSP). The NSP will utilize Virus' popular Stay Warm Coffee Charcoal Compression for their 29,000 members…
ComScore: Online Holiday Retail Sales Up 16 Percent
Retail e-commerce spending for the first 51 days of the November–December 2012 holiday season reached $38.7 billion, up 16-percent versus the corresponding days last year, ComScore reported Dec. 23…
ICSC: Holiday Sales Picked Up in Last Week
The ICSC-Goldman Sachs (ICSC-GS) chain store sales index for the week ending Dec. 22 rose by 0.7 percent from the prior week, which continued to reflect strength from last-minute shopping. Year-over-year, the gain for the week was 3.2 percent…
Bass Pro Announces Georgia and Florida Store Openings
Bass Pro Shops will open a 100,000-square-foot Bass Pro Shops Outpost store in Emerson, GA. as well as a 104,000-square-foot Bass Pro Shops Outdoor World store in St. Johns County, FL to serve the Jacksonville area…
Billabong Agrees To Due Diligence With Naude’s Group
Billabong announced that a consortium led by Paul Naude, a board director and former head of Billabong’s Americas division, and New York-based private equity firm Sycamore Partners, has signed a confidentiality agreement with Billabong to pursue a t
Greg Mason Named Tennis Industry Association (TIA) President
Greg Mason, the vice president of sales and marketing for Head Penn, will be the president of the Tennis Industry Association for 2013-2014. He succeeds Wilson Racquet Sports General Manager Jon Muir, who was president for the last four years and remains
Study: Significant Underreporting of Hockey-Related Concussions
A year-long report centered around men’s and women’s college hockey teams in Canada and the United States says coaches would rather keep players with possible head injuries playing than remove them from the game for a medical check…
GoPro Lands $200 MM Investment from Foxconn
GoPro announced that Hon Hai Precision Industry Co., Ltd, the world's largest electronics manufacturing company also known as Foxconn, has acquired an 8.88 percent full-diluted stake in GoPro for $200 million, valuing the company at $2.25 billion…
L.L. Bean Partners with Philadelphia Parks and Rec to Get Families Outdoors
Mayor Michael A. Nutter, Philadelphia Parks & Recreation and outdoor retailer L.L.Bean announced a new partnership to support programs that will allow more people, particularly children, to enjoy outdoor recreation in the city’s many parks and natur
Sierra Trading Post Acquired by The TJX Companies for $200 MM
Sierra Trading Post (STP), which has acted as a primary clearance outlet for outdoor sporting goods, has been acquired by The TJX Companies, Inc. The purchase price of approximately $200 million, or one times STP's annual sales, was paid in cash, fin
Sequential Brands Group Announces Global Licensing Partnership with BBC for Heelys Footwear
Sequential Brands Group entered into an exclusive, long-term global license agreement with BBC International LLC for Heelys footwear. BBC is a leading global kids' footwear organization with several other licenses including Polo Ralph Lauren, Warner
Consumer Confidence Falls to 5-Month Low
Consumer confidence plunged in December amid fears that politicians would be unable to resolve the “fiscal cliff” issues and that the impasse would trigger another recession next year. The index from Thomson Reuters and the University of Michigan tumbled
U.S. Fuels Nike’s Q2
Nike Inc. saw its second consecutive quarter of sliding backlogs in China and its eight straight quarter of gross margin erosion. But a better-than-expected performance from other parts of the world, led by stellar performance in its North America and Eme
The Conservation Alliance Releases Third worthWILD Video
The Conservation Alliance (CA) released Allegany, the third video in its worthWILD series, that tells the story of the Adirondack Mountain Club’s successful campaign to protect New York’s Alleghany State Park from oil drilling, and related hab
