Bikes Belong Hires Senior Manager of Marketing
Bikes Belong, the primary lobbying group of the U.S. bicycle industry, named Tim Bock as its new senior marketing manager…
OIA Rolls Out May Schedule for Outdoor University Sessions
Outdoor Industry Association unveiled its May schedule for for Outdoor University workshops and online sessions, which break down complex challenges and issues specific to outdoor industry businesses. Topics include social media tactics, resale price main
Golf Town to Acquire Golfsmith
Golf Town, based in Toronto, reached an agreement to acquire Golfsmith International Holdings Inc. for about $96.5 million. Upon the closing of the transaction, Martin Hanaka will assume the role of CEO of the combined company. The transaction will result
Nike Extends Asian Soccer Sponsorship
The Asian Football Confederation (AFC) has extended its commercial partnership with sportswear behemoth Nike. Nike has worked with Asian soccer’s governing body since 2005…
Luxottica Reports U.S. Demand for Premium Sunglasses Remains Strong
Luxottica Group said sales of its Oakley and Ray-Ban eyewear continued to grow at double-digit rates in the first quarter and raised its upper guidance for sales of the newly launched Coach eyewear line by 20 percent to…
Shock Doctor Announces Partnership With NFL’s Akeem Ayers
Shock Doctor announced a multi-year partnership with acclaimed NFL linebacker, Akeem Ayers of the Tennessee Titans. Ayers will serve as a product development advisor for the company…
Dorel Recreational/Leisure Segment Posts Record Q1 Results
Dorel Industries Inc. said its Recreational/Leisure segment posted record first quarter results thanks particularly to continued strong sales of the Cannondale, GT and Mongoose brands to European IBDs. Operating profits also set a six-year record thanks i
DOJ Seizes $1.5MM in Counterfeit Proceeds
The Department of Justice has seized more than $1.5 million in proceeds from the distribution of counterfeit sports apparel and jerseys via websites traced back to Chinese operators. The funds were seized from interbank accounts and six money service busi
Heelys Widens Q1 Loss
Heelys, Inc.'s revenues improved 19.7 percent in the first quarter, to $7.3 million but lower margins caused its net loss to expand to $1.6 million, or 6 cents a share, from $1.2 million, or 4 cents, the prior year…
Geox Lowers Outlook After Weak Q1
Geox SpA reported lower sales and profits in the first quarter and predicted sales to slide in the year due to weakness in Europe. Profit in the quarter slipped 4.3 percent to €43.4 million ($56.3 mm). Revenues gave back 4.5 percent to €330 mi
Nordstrom First Quarter 2012 Earnings In Line with Expectations
Nordstrom, Inc. reported net earnings of $149 million, or 70 cents per diluted share, for the first quarter ended April 28, up 2.9 percent from the year earlier quarter. First quarter same-store sales increased 8.5 percent..
Diapers.com Launches New Clothing and Shoe Shop
Diapers.com announced the launch of its new Clothing & Shoe Shop at Diapers.com. With more than 30,000 clothing and shoe items, 100+ brands and sizes ranging from newborn to 5…
CamelBak Renews Outdoor Nation Sponsorship
CamelBak signed on as the official hydration sponsor of Outdoor Nation for the third year in a row. CamelBak’s contribution will help support the 2012 Outdoor Nation Summits held this summer and fall in ten cities across the United States and the co
High Sierra Acquires Eponymous Domain Name
After many years of negotiation, High Sierra Sport Company has acquired the domain name HighSierra.com, which had been operated as a local travel and visitor site to promote real estate, tourism and other businesses in the Lake Tahoe area…
SIA Announces Sold-Out Booth Space for 2013 Snow Show
SnowSports Industries America (SIA) announced to their board of directors the 2013 SIA Snow Show (Jan 31-Feb 3, 2013) had officially reached “sold-out” status for exhibitor booth space at the Colorado Convention Center…
