Smith and Wesson to Lean on New Channels, Products to Return to Profit on 2011
Smith & Wesson management spoke at the recent Cowen and Co. Aerospace/Defense Conference about key growth initiatives following a fiscal second quarter that saw top and bottom lines fall considerably on declining gun sales and a significant write-down rel
Kneissl Files Bankruptcy; Awaits Investment
Kneissl, an Austrian maker of bicycles, skis, tennis racquets, apparel and accessories filed for bankruptcy Feb. 8 after its majority owner in Saudi Arabia did not meet a court deadline to inject more capital into the company, according to several media r
Court Rules REI Liable for Failure of Private Label Novara Fork
In a ruling that could have wide-ranging implications, REI must take responsibility for an allegedly defective fork that caused a Novara bicycle to collapse in 2007 and left a woman with permanent injuries, a Washington appeals court ruled last week…
January Was 7th Straight Month of Retail Growth
With consumers showing spending power beyond the holiday season, January marked the seventh straight month of retail sales gains…
Data Show Wholesalers Building Inventory in 2011
Container cargo volume at the nation’s major retail container ports is expected to rise by 11% this month, 6% in the first half of 2011 and 7-8% in 2011 over the comparable periods in 2010, according to a forecast released by the National Retail Fed
OR Winter Market Backcountry Hardgoods Review Part II
The relentless march toward lighter, stronger, faster continues in the backcountry equipment market as evidenced by products exhibited at last month’s Outdoor Retailer Winter Market…
Tilly’s Appoints Daniel Griesemer as CEO
Tilly's, the action sports chain, appointed Daniel Griesemer as president and chief executive officer. Griesemer succeeds Hezy Shaked, who has served as chairman of the board, president and chief executive officer since co-founding Tilly's in 19
ChiRunning Launches new Educational Web Site
ChiRunning, the natural running technique organization based in Asheville, NC, has launched a series of new websites: www.chirunning.com; www.chiwalking.com and www.chiliving.com…
Interbike Forms Exhibitor Feedback Panel
Interbike announced the formation of an exhibitor advisory panel made up of 11 executives representing a broad range of manufacturers, suppliers and distributors operating within the international bicycle community…
Deadline Approaches for NSGA’s 2012 Hall of Fame Nominations
The National Sporting Goods Association said the deadline to nominate candidates for the 2012 class of the Sporting Goods Industry Hall of Fame is quickly approaching – March 15, 2011. Nominees will be evaluated following the 2011 NSGA Management Conferen
Big 5 Signs on as LA Marathon Sponsor
Big 5 Sporting Goods has signed on as a sponsor of the Honda LA Marathon presented by K-Swiss…
Rawlings Introducing Performance Apparel
Rawlings, a division of Jarden Team Sports, is launching a line of performance apparel. According to a report in the St. Louis Dispatch, a baseball apparel line was rolled out in January at Modell's Sporting Goods, Hibbett Sports and Sport Chalet. S
Bill Would Allow Ski Areas to Offer More Summer Recreation
A team of bipartisan U.S. Senators and Representatives has reintroduced the Ski Area Recreation Opportunity Enhancement Act of 2011 to change permitting rules for ski areas on Forest Service land to allow for summertime recreation and increased tourism-an
Proposed Budget Cuts in House Bill Pose ‘Conservation Crisis’
The Theodore Roosevelt Conservation Partnership decried proposed budgetary cuts to key federal programs affecting a range of natural resource management issues, asserting that those cuts would create a “conservation crisis.”…
Salazar Announces Funding to States for Fish and Wildlife Projects
Secretary of the Interior Ken Salazar announced recently the distribution of more than $749 million in excise tax revenues generated by sportsmen and women to state and territorial fish and wildlife agencies through the Dingell-Johnson Sport Fish Restorat
