REI Reassigns Two Top Executives
REI shuffled two top executives by naming Angela Owen senior vice president of marketing and replacing her with Lee Fromson in the SVP of merchandising position. REI's sale grew 54 percent in the five years Owen headed buying for the co-ops 122 store
Pro Mountain Guides to Contribute to Crowdsourced Product Review Site
Tribevine.com has signed a tentaitive agreement with the International Federation of Mountain Guide Associations (IFMGA) in a bid to get pro mountain guides to contribute content to its sites, which crowdsources product reviews…
Mizuno Chronicles Olympic Journey of U.S. Volleyball Team
Mizuno USA has launched an interactive Facebook platform to showcase the 2012 USA Men's and Women’s National Volleyball Team experiences as they prepare and ultimately travel to London for the 2012 Summer Olympic Games. Through first-person vi
Former Reebok VP to Launch Fashion Brand Supremebeing in US
The Peloton Group, the new brand marketing company founded by Richard Prenderville, has become the exclusive US distributor of fashion brand supremebeing…
PR Vets Partner, Sign up Two New Clients
What's UP Public Relations and SOAR Communications have partnered to share assets and abilities to best serve new clients, including the new accounts of Scandinavian apparel-maker Bergans of Norway and startup premium sport trailer manufacturer Road
OIA VantagePoint: Slower January Ends Solid Fiscal 2012
Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi
Target Sued Over Toning Shoes
Following litigation against New Balance, Reebok and Skechers over their toning shoes, a plaintiff has filed a class action against Target alleging that the retailer's “TrimStep” footwear was deceptively advertised…
Scott Sports Names Eastern Field Marketing Rep
Scott Sports hired Nathan Sibly for the eastern region field marketing position. Sibly is a 20 year veteran in the Bicycle Business and brings with him an extensive knowledge of the Retail environment and cycling products…
K-Swiss’s Q4 Losses Widen
K-Swiss widened its net loss in the fourth quarter to $25.2 million, 71 cents per share, compared with a net loss of $20.6 million, or 58 cents, per diluted share, for the prior-year period. Total worldwide revenues increased 17.8 percent to $50.2 million
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
Skechers’ Toning Hangover Continues
Skechers USA, Inc. reported fourth-quarter sales slumped 37.7 percent to $283.2 million. While the decline reflected difficult comparisons against a record fourth quarter 2010 that included higher priced toning footwear, it also reflected lower-than-expec
Latin America Fuels Double-Digit Q4 Growth for Puma
Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. For the full year, Puma, controlled by French luxury goods group PPR, accomplished its goal of reaching €3 billion ($3.96 bn) in revenues. Ea
Black Diamond Stock Offering Could Provide up to $23 Million for Acquisitions
Shares of Black Diamond Inc. closed Friday up nearly 5 percent on more than 2.5 times average trading volume after it offered 7.75 million shares of stock for sale. After using $25 million in proceeds to pay down a line of credit, the company could use pr
K-Swiss’ Outlook Disappoints
While posting a steeper loss in its fourth quarter, K-Swiss Inc. indicated that slowing backlog orders would cause its revenues to decline in the current year…
Longworth Industries Names 2011 Reps of the Year
Longworth Industries, parent company of Polarmax, XGO, and AYG 365’s branded technical base layers, named Spence Bocks and Bill Kendall as its reps of the year for 2011 for the Polarmax and AYG Underwear brands, respectively.
