NRF: Organized Gangs Target Goods in Transit
Growing in severity, number and type, retailers are reporting organized retail crime (ORC) has become more troublesome than ever before. Of the 125 retail companies surveyed for National Retail Federation’s eighth annual Organized Retail Crime Surve
Germany’s Hessnatur Acquired by Swiss PE Firm
A Swiss private equity firm has acquired Hessnatur, $101-million-a-year German company that has pioneered natural clothing in German-speaking Europe since before the creation of the Green Party. Neither the buyer Capvis, nor the seller Primondo Specialty
Snocru Release Facebook Compatible Version of App
Snocru released an upgraded version of its free mobile app, which allows skiers, snowboarders, cyclists, bikers, runners, hikers and other outdoor enthusiasts to see and connect with each other in real time via Facebook. The company plans to eventually se
Michael Egeck Steps Down as Hurley’s CEO
Nike, Inc. announced that company founder and chairman Bob Hurley will assume the interim CEO role at Hurley International, LLC, replacing Michael Egeck who has decided to leave the company. Hurley will work closely with Roger Wyett, president of Nike, In
Sport Chalet Q4 Hurt by Lack of Snow, But Comps Rebounding
Sport Chalet, Inc. reported that sales of winter related merchandise plummeted 32.1 percent in the fourth quarter ended April 1, citing warm winter weather as a drag on sales. Overall net sales declined by $16.3 million, or 16.6 percent to $81.9 million,
Verde PR Names Lingafelter to Digital Marketing Post
Verde PR & Consulting this week hired Sara Lingafelter, former digital engagement program manager at REI, as its new director of digital and social media marketing…
Headsweats to Sponsor Women’s Running and Cycling Sponsorships
Headsweats continues their commitment to women’s athletics through sponsoring all four events of the Lady Speed Stick Women’s Half Marathon Series for 2012 and with a renewed sponsorship of the Team Colavita/espnW Women’s Pro Cycling Tea
Yue Yuen’s Revenues Climb 9.5 Percent In Half
Yue Yuen reported revenues rose 9.5 percent in its first half ended May 31, to US$3.61 billion. Recurrent net profit was up 6.4 percent. Net profit attributable to owners of the Company increased 21.2 percent year on year, to approximately US$ 278.9 milli
Adidas Completes Adams Golf Acquisition
The Adidas Group together with its TaylorMade-Adidas Golf business segment announced the successful completion of its acquisition of Adams Golf, Inc.The Adams Golf business will be led by John Ward, whom TaylorMade-Adidas Golf has appointed president. A 2
Golf and Tennis Pro Shop Raises $7 Million in New Equity
Golf & Tennis Pro Shop Inc, which is the PGA Tour's exclusive partner for off-course/off-airport golf retailing, has raised another $7 million in equity from investors on top of $9 million raised a year ago, according to filings with the Securities &
Nordstrom’s Comps Climb 5.3 Percent in May
Nordstrom reported a 5.3 percent increase in same-store sales for the four-week period ended May 26, 2012 compared with the four-week period ended May 28, 2011. Preliminary total retail sales of $870 million for May 2012 increased 9.3 percent compared wit
Halfords Group Reports Cycling Sales Fell After Strong FY 2012
Halfords Group plc reported comparable store sales of cycling products within its Leisure segment grew 9.7 percent in the year ended March 30, but said such sales have since fallen off significantly in the United Kingdom and Ireland…
Just Map It Begins Surveying Montana’s Rivers and Trails for Custom Maps
Just Map It, a custom mapping service for real estate, land ownership, recreation and the energy industry throughout North America, announced their latest ambitious mapping project geared to outdoor recreation. Starting with the state of Montana, Just Map
Outward Bound Refutes Media Reports that Colorado Accident Involved Trainees
Outward Bound said the victims of a fatal May 25 canoe accident in at Willow Lake in the Sangre De Cristo Mountains of Colorado were not trainees as erroneously reported by some news outlets…
Patagonia Discloses Recent Financial Results
Patagonia had sales of $540 million in the twelve months ended in April, up more than 30 percent from the same period a year earlier, according to a report in the Seattle Times. The article also disclosed that…
