Red Wing Fiscal Year Revenues Reach $448 Million
Red Wing Shoe Co., the parent of Vasque, reported sales rose 12 percent in its fiscal year ending in November 2010, to $448 million. The figures were given at the privately-held company's shareholder meeting in Red Wing, MN and confirmed to SportsOne
Subscribers Offer Their View of Inflation and Price Increases
With both costs of labor and raw materials (cotton, polyester, etc.) heading north, many manufacturers have already been gently raising prices to protect margins but are also looking for ways to soften likely much larger price hikes in 2012…
Reebok Facing Price Fixing Charges in Japan
The Japan Fair Trade Commission last Tuesday raided the Japan subsidiary of Adidas AG over its alleged pressuring of retailers not to discount Reebok's EasyTone collection…
Marvel, Franklin Sports in Licensing Agreement
Franklin Sports has reached a licensing agreement with Marvel Entertainment, LLC to develop a collection of sporting goods featuring Marvel's legendary super heroes Thor, Captain America: The First Avenger and The Avengers..
Gildan Tops in Socks with Gold Toe Moretz Acquisition
Gildan Activewear Inc. reached an agreement to buy sock giant Gold Toe Moretz Holding Corp., which owns the PowerSox brand and is the exclusive sock licensee for Under Armour and New Balance, for $350 million. Gildan will not assume any of Gold Toe Moretz
Container Traffic Indicates Double-Digit Growth in Retailers’ Imports
Imports through the nation’s major retail container ports continued to grow for the 15th consecutive month in February and remain about 10 percent above their level of a year ago, according to the latest Global Port Tracker report from the National
YTD Leisure Products Imports Dip
Imports of toys, games and sporting goods fell 1.2 percent in February from the prior month and were running 4.2 percent behind their level of a year ago on a year-to-date, seasonally adjusted basis, according to the latest advance estimates by the U.S. C
Academy Sports + Outdoors Sues Gander Mountain
Academy Sports + Outdoors has filed a lawsuit to prevent Gander Mountain Co. from promoting its classes as the Gander Mountain Academy, according to a report in the Minneapolis/St. Paul Business Journal…
Man Sues Gander Mountain Over Wife’s Murder
Gander Mountain is facing a lawsuit two years after a gunman killed 13 people at the American Civic Association immigration center in Binghamton, NY. The lawsuit seeks a total of $3.75 million dollars in damages. Gander Mountain has denied the charges…
SportsOneSource Announces 2011 SGB 40 Under 40 Award Recipients
The SportsOneSource Group has announced the honorees for the fourth annual SGB 40 Under 40 Awards. This year’s list again contains individuals from all corners of the sporting good industry who are recognized as leaders making a difference in their
Pent-up demand for spring apparel prompts spring shopping earlier than expected
For the second consecutive month, shoppers braved unfavorable shopping conditions and numerous market challenges to drive retail sales in the broader market above analysts’ expectations, although that wasn’t necessarily the case for many of th
New York Firm Intends to Revive Rugged Bear Brand
The chairman of New York firm that acquired the Rugged Bear brand out of bankruptcy court last week is a partner and board member at several apparel companies distributed through maternity, men’s fashion and department stores, according to his page
Outdoor Foundation: Minority and Adventure Sports Participation Grew in 2010
The rate of participation in outdoor recreation in the United States remained solid in 2010 and at the same level seen in 2008. Nearly half of Americans ages 6 and older participated in at least one outdoor activity in 2010, and participation grew signifi
Keen Launches Recess Initiative
Keen is creating a Recess Center at its headquarters in Portland, OR to encourage play during the day which includes a recess tracker to show time in minutes, hours, days and months spent at recess, a detailed map of nearby recess spots, a place to let em
C4 Waterman Partners with Inventor to Expand Inflatables Offering
C4 Waterman said it has formally partnered with Honolulu inventor Dr. Robert N. Yonover, who owns the registered patent for inflatable surfboards, paddleboards and rescue equipment that C4 Waterman will use to usher in a new generation of more portable, l
