Forzani Group Fiscal Fourth Quarter Profit Rises; First Quarter Comps Weaken
The Forzani Group Ltd. reported net earnings grew 4.4% in the fiscal fourth quarter on a 7.3% comp gain for the period. But results fell short of analysts’ estimates as markdowns accelerated in January to clear merchandise…
Winter Weather Propels Outdoor Market in Q4
Cold, snowy weather, an improving work market and pent-up demand for higher-end items drove the bicycle, outdoor and snow sports market to consolidated growth across the board in the fourth fiscal quarter of 2010…
Budget Battle Requires Outdoor Executives to Up Their Advocacy in 2011
Outdoor industry executives will need to spend much more time educating Congress this year to stave off massive cuts to the Land and Water Conservation Fund and other federal programs that boost outdoor recreation, according to Frank Hugelmeyer, president
SIA: Dealers Boost February Margins on Lower Sales
Despite slowing significantly in February, snow sports sales remain on track to surpass the $3.1 billion record set in the 2007/08 season, according to Snowsports Industries America’s latest retail sales report.
February 2011 total dollar and units
Hackers Steal Names and E-Mails of LLB Card Holders
L.L. Bean credit card holders were among those warned last week that they could be targeted by criminals who stole their names and e-mail addresses by hacking into one of the largest and most sophisticated e-mail marketing firms…
Finish Line’s E-Commerce Chief to Retire
Finish Line announced that Don Courtney will retire as president, e-commerce, following a transition period. Courtney will remain in his current role throughout the transition as the company conducts a search for his successor…
Eastbay/Axon Sports to Give Away 25,000 Baseline Tests
Axon Sports is giving away 25,000 cognitive Baseline tests to schools, clubs and youth sports associations across America – 100 sets of 250 Baseline tests. Eastbay is lending its marketing strength to spread the word…
Wal-Mart Brings Back 8,500 Products in Bid to End Sales Slump
In an effort to reverse recent U.S. sales declines, Wal-Mart Stores Inc. is bringing back thousands of items to its stores this year, lowering prices and launching a new advertising campaign to promote its price-match policy. Wal-Mart announced Monday tha
Gildan to Acquire Gold Toe Moretz
Gildan Activewear Inc. has signed a definitive agreement to acquire 100% of the common shares of Gold Toe Moretz Holdings Corp. for a total purchase price of approximately U.S. $350 million. Gildan will not assume any of Gold Toe Moretz's currently o
Nike Olympic Deal Extended Through 2016
Nike Inc. has extended its sponsorship of the United States Olympic and Paralympics teams until 2016, the U.S. Olympic Committee announced. The deal makes Nike the official outfitter of the U.S. Olympic team for the 2012 and 2016 Summer Games in London an
REI Announces 2011 Board Election Results
REI (Recreational Equipment, Inc.) announced the results of the 2011 board elections during its annual membership meeting held Sunday, April 10 at its Seattle flagship store. Co-op members reelected Jesse King, Cheryl Scott and Michael Smith to the board.
Backcountry.com Donation Resuscitates Utah Avalanche Center
Backcountry.com donated $6,300 to non-profit Friends of the Utah Avalanche Center (FUAC) Monday so it can continue backcountry avalanche forecasting through April 24. The UAC had announced April 3 that it had exhausted its funding for the season and would
NSSF Launches New Membership Campaign
With a record high of more than 6,500 members, the National Shooting Sports Foundation is launching a new membership campaign. The trade association represents the firearms, ammunition, hunting and shooting sports industry…
Topps Co. Appoints VP and GM, U.S. Sports and Entertainment
The Topps Co., the maker of sports and related cards, entertainment products, and confectionery, appointed Doug Kruep as vice president and general manager, U.S. sports and entertainment, effective immediately…
Big Rock Sports Announces New $150 Million Credit Facility
Big Rock Sports, the distributor of fishing, boating, marine, hunting, shooting sports and camping supplies based in Newport, NC, recently closed on a new five-year $150 million credit facility…
