Private Equity Firm Acquires ProSteel
Promus Equity Partners, LLC, the private equity investment arm of Promus Capital, acquired ProSteel Security Products, Inc. Based in Provo, Utah. ProSteel is a leading provider of gun safes marketed under the Browning ProSteel brand, as well as other vaul
Genesco’s Q1 Earnings Surge on 20 Percent Revenue Growth
Genesco Inc. reported earnings from continuing operations jumped 74.4 percent for the first quarter ended April 30, to $15.0 million, or 63 cents per share. Sales for the first quarter of Fiscal 2012 increased 20 percent to $482 million from $401 million
Affordable Footwear Act Reintroduced in U.S. Senate
The Affordable Footwear Act has been reintroduced in the U.S. Senate. The legislation aims to lower costs for outdoor industry footwear manufacturers and their customers while supporting U.S. production of outdoor shoes and boots, according to Outdoor Ind
OWAA Elects New Board Members
Outdoor Writers Association of America's membership recently cast votes to elect three new members to the OWAA Board of Directors: Bruce Cochran (Kansas), Mary J. Nickum (Arizona) and Randy Zellers (Arkansas)…
NRA Continues Fight in Wolf Delisting Challenge
The National Rifle Association and Safari Club International (SCI) have filed for intervenor status in a new challenge to the wolf delisting contained in the continuing resolution FY 2011 by the Alliance for the Rocky Mountains…
Diane M. Sullivan Becomes CEO of Brown Shoe
Diane M. Sullivan, as expected, has assumed the role of president and chief executive officer of Brown Shoe Company, Inc., the parent of Famous Footwear…
Steven Madden Completes $30M Cejon Buyout
Steven Madden Ltd. completed its $30 million buyout of the Cejon group of design and marketing companies…
Unique Solar Tree Makes New Store a Landmark
Customers should not have much trouble finding Half-Moon Outfitters new store in Columbia, SC when it opens June 3. They can just head down the 2900 block of Devine Street until they see the giant tree like structure bristling with solar panels and pull i
SGMA: PEP Funding for FY12 in Jeopardy
Just weeks after the Carol M. White Physical Education Program (PEP) received major funding for this year's programming, PEP is under attack again on Capitol Hill. On May 25, the U.S. House Education & Workforce Committee approved legislation to elim
Court Halts $66M Jury Verdict Against Cybex
Cybex International, Inc. said a judge has issued a stay in its product liability lawsuit that resulted in a $66 million jury verdict against the exercise equipment maker last year…
DSW’s Q1 Earnings Climb on 10 Percent Comp Gain
DSW Inc. reported first quarter net sales increased 12.0 percent to $503.6 million from $449.5 million in the first quarter of 2010. Comparable sales increased 10.8 percent on top of a 16.2 percent increase in comps in the first quarter of 2010. Net earni
Derby Cycle Sales Rise 40.3 Percent in First Half
German bike maker Derby Cycle said its sales outside Europe rose 171.9 percent to €3.9 million ($5.3mm) in the first half of 2010/2011 due largely to sales by its U.S. subsidiary. Overall revenues rose 40.3 percent to €114.4 million ($156.0mm)
Tennessee Lawmakers Look to Lure Outfitters with Bill
Lawmakers in Tennessee have introduced the Tennessee Adventure Tourism and Rural Development Act of 2011 to encourage the development of adventure tourism in rural areas suffering high unemployment…
Western Ski Resorts Continue to Post Solid Occupancy Gains
Overall occupancy at major western mountain resorts finished up 5.7 percent this winter compared to last season, capping off a near record year for the snowsports industry in terms of lodging occupancy, skier visits and retail sales, according to Mountain
Collective Brands Q1 Net Drops on Payless Weakness
Collective Brands, Inc. reported earnings tumbled 51.3 percent to $26.4 million, or 42 cents per share, from $54.2 million, or 83 cents, a year ago. Sales decreased 1.1 percent to $869.0 million. Weak sales at its domestic Payless chain offset strength at
