Helly Hansen’s Next Owner Has Deep Pockets, Global Reach and Lots of Patience
One of Canada’s largest public pension plan has agreed to buy 75 percent of Helly Hansen, giving the Norwegian designer and marketer of outdoor apparel access to deep pockets, global connections and patience…
Sierra Design to Ramp up DriDown Use in 2013 Line
Sierra Design said that it will expand use of its DriDown hydrophobic finish to 80 percent of its sleeping gas and all its 2013 technical apparel now that third-party testing shows it outperforms competing technologies…
Black Diamond CEO Metcalf Elevates Fight with Utah Governor
Black Diamond Inc. CEO Peter Metcalf turned up the heat on Utah Gov. Gary Herbert last week by calling a press conference to announce he was resigning from a manufacturers group to protest the governor’s campaign to repeal wilderness protection from
Callaway Golf To Reduce Workforce by 12 Percent
Callaway Golf Company unveiled plans to reduce its workforce by 12 percent and take other measures to cut approximately $52 million in gross annual costs. The announcement follows several months of restructuring that has included divesting businesses, lic
Academy Sports Expands Distribution Center in Georgia
Academy Sports + Outdoors will expand its distribution center operation in Twiggs County, Jeffersonville, Georgia, creating 250 jobs. The project expands the Jeffersonville distribution center at 1 Academy Drive by more than 500,000 square feet…
Johnson Outdoors Cuts More Watercraft Jobs
Johnson Outdoors Inc. is making additional changes, including eliminated 28 jobs, to improve the profitability of its Watercraft business, which owns the Old Town, Necky and Ocean Kayak brands. The effort includes a restructuring of the unit's U.S. a
Magellan Turns to Cartoon to Get Kids Geocaching
Magellan has partnered with a Canadian company that produces the GeoFreakz cartoon and online game to encourage kids to move from virtual to actual geocaching at select national parks in Canada…
Tubbs Romp Raises Over $400,000 to Support Breast Cancer Awareness
With its tenth season of Romp to Stomp events all wrapped up, the Tubbs Snowshoes is proud to announce that its Romp to Stomp Out Breast Cancer Snowshoe Series raised over $400,000 for its beneficiaries, Susan G. Komen for the Cure® and the Canadian Breas
W.L. Gore Launches Online Brand Platform for Gore Bike Wear and Running Wear
Gore Bike Wear and Gore Running Wear announced the launch of an Online Brand Platform in which bike and running enthusiasts can find detailed information about the full range of products, as well as textile technologies for both brands. The aim of the web
OBIT: Marvin Traub
Marvin Traub, a longtime retail executive perhaps best known for his role as president and CEO at Bloomingdale's, died July 11 at his home here. He was 87…
JJB Sports Issues Earnings Warning as Comps Plummet
U.K. retailer JJB Sports Plc issued an earnings warning, noting that its comparable store sales for the 22 weeks ended July 1 decreased by 8.0 percent. The results mark a significant deterioration in conditions since the company reported results for the n
Michael Vick To Launch Apparel Line
The Wall Street Journal reports that Philadelphia Eagles quarterback Michael Vick will launch an apparel line called “V-7.” It will be sold exclusively at Modell's Sporting Goods stores through the end of the year…
Lowa Establishes Demo Center at Joe Dodge Lodge
Lowa Boots has partnered with the Appalachian Mountain Club (AMC) to open a Demo Center at the Joe Dodge Lodge in Pinkham Notch, NH. Hikers will be able to enjoy a day in Lowa boots at no charge and asked to fill out a questionnaire at the end of their hi
Consumer Spending Slowed in Canada in June
Canadian consumer spending increased 4.67 percent in the second quarter compared to the same period last year, according to Moneris Solutions, Canada's largest credit and debit card processor. June, however, experienced the smallest growth, at 3.72 p
Wolverine Worldwide Q2 Impacted by European Weakness, Affirms FY Guidance
Wolverine Worldwide reported a profit decline in the second quarter on a meager sales gain as weakness in Europe offset a “solid” performance in the U.S. Though conditions remained challenging in Europe, the company affirmed its earning guidance for the y
