HandM Releases Urban Cycling Apparel Collection
Swedish clothing company Hennes & Mauritz AB (H&M) has partnered with East London’s Brick Lane Bikes, the United Kingdom’s first fixed-gear bike store, to create an 11-piece menswear collection designed for urban cyclists…
Teva Dropping Sponsorship of Mountain Games; Games Will Go On
Outdoor footwear stalwart Teva is withdrawing as title sponsor of the Vail, CO-based outdoor mountain games created in 2002, by now-president Joel Heath. Eddie Bauer announces its return as presenting sponsor of the Winter Mountain Games, Feb. 8-10.
Helly Hansen To Provide U.S. Alpine Ski Team Baselayers Through 2016
The U.S. Ski and Snowboard Association (USSA) named Helly Hansen as the official baselayer of the U.S. Alpine Ski Team. The team’s 48 athletes will wear Helly Hansen’s baselayers starting with the Audi Birds of Prey World Cup event at Beaver C
Primaloft Joins Swatch Freeride World Tour Sponsors
PrimaLoft, has been named the Official Insulation Supplier for the 2013 Swatch Freeride World Tour by The North Face.
U.S. Retail Shrinkage Reaches $8.9 Billion
Retailers in the U.S. are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released today by the Centre for Retail Research. The study found t
Outdoor Industry Pressure Heads off Tariff Threat
The Obama Administration, in response to a swift and vocal campaign by the outdoor industry, lifted its opposition Friday to eight miscellaneous tariff bills (MTBs) that reduce import duties on certain specialty outdoor footwear products that have no viab
Independent UCI Commission to Conduct Hearing in April on USADA Report
An Independent Commission, initiated by the Union Cycliste Internationale (UCI) and chaired by The Right Honourable Sir Philip Otton, will hold a hearing in April 2013 in London to look into issues and allegations arising out of the U.S. Anti-Doping Agenc
Quiksilver Opens Stores in Vail and Park City
Quiksilver opened in mid-November newly designed mountain concept stores in Vail, CO. and Park City, UT to emphasize its Wintersports Division's growing snow and technical apparel collections…
Zumiez Re-evaluating Snowsports Amid Another Disappointing Season
Zumiez Inc. is re-examining its commitment to snowsports in the wake of a another “very tough” year for snowboard gear and apparel, its CEO told analysts last week…
Compass Diversified Holdings Names New CEO
Compass Diversified Holdings (CODI), which owns CamelBak Products and mountain bike components maker Fox, named a new CEO Friday to replace one who has been on a leave of absence pending an investigation by the Securities and Exchange Commission…
TJX Same Store Sales Rise 3 Percent in November
The TJX Companies, Inc. reported sales for the four-week period ended Nov. 24 were $2.2 billion, up 7 percent over the $2.0 billion achieved during the four-week period ended Nov. 26, 2011. Consolidated comparable store sales for the four-week period incr
Kohl’s Comps Drop in November
Kohl’s Corp reported that for the four-week month ended Nov. 24, total sales decreased 4.9 percent and comparable store sales decreased 5.6 percent…
Gildan’s Q4 Profits Nearly Double
Gildan Activewear Inc. announced record financial results for the fourth quarter of its 2012 fiscal year, and initiated earnings guidance for fiscal 2013 which continues the positive trends from the fourth quarter and reflects a projected strong recovery
Zumiez Sees Modest BTS Growth
Zumiez Inc. reported sales for the third quarter increased 16.9 percent to $180.0 million from $154.0 million a year ago. Comparable store sales grew 3.7 percent on top of a comparable store sales increase of 6.0 percent in the third quarter of fiscal 201
Bon-Ton Comps Down Slightly in November
The Bon-Ton Stores, Inc. reported comparable store sales in the four weeks ended Nov. 24 decreased 0.1 percent. Total sales decreased 0.8 percent to $301.3 million in the current year compared with $303.6 million in the prior year period…