Ross Stores Ups Q1 Guidance on March Sales Gain
Ross Stores, Inc. upped its EPS guidance for the first quarter after reporting sales increased 2% for the five weeks ended April 2, 2011 without the benefit of an early Easter. Comparable store sales for the month declined 1% compared to a very strong 14
Active Media Launching Schwaggle in New York, Chicago and Los Angeles
Active.com, a media property of Active Network that connects people with the sports and activities they love to do, is taking its Schwaggle deal-of-the-day program nationwide. Schwaggle was launched in New York Thursday April 7 and will be rolled out in n
Louisiana Reinvests $13 Million with Commercial Fishermen
This month the Louisiana Department of Wildlife and Fisheries (LDWF), in coordination with the Office of Community Development – Disaster Recovery Unit (OCD), and the Louisiana Department of Agriculture and Forestry (LDAF), issued award letters to nearly
Outside Television Relocates Studio to New York
Outside magazine affiliate Outside Television is relocating its studio in an effort to upgrade its production capabilities as the network expands to build greater national distribution. The new studio, EUE Screen Gems Studios in Midtown Manhattan, is a st
Oakley Opens Times Square Store
Oakley, Inc. is opening a store in New York’s Times Square this week that will feature an Oakley Custom bar, where customers can customize Oakley eyewear and goggles. An onsite etching machine, for instance, will allow them to personalize their desi
Modell’s Open Second Smaller Concept Stores in Ramsey, NJ
Modell's Sporting Goods announced the opening of the company's 147th store this past weekend with the grand opening of a new 8,451-square-foot store located in the Interstate Shopping Center in Ramsey, NJ…
Brooks-Range Mountaineering Adds E–Commerce to Facebook Page
Brooks-Range Mountaineering Equipment said it added an e-commerce option to the company's Facebook page…
OIA Joins Fight Against Rogue Websites
Outdoor Industry Association (OIA), Columbia Sportswear Company and Vibram USA, Inc. joined legislators to bring attention to the continuing harm online infringement and counterfeits pose to American jobs and the economy…
Cybex Sales Improve in Q4, but Lawsuit Judgment May Lead to Bankruptcy
Cybex International, Inc. reported net sales improved 15% for the fourth quarter ended Dec. 31, but a crushing loss in a product liability lawsuit sank the bottom line and may still be a threat to push Cybex into bankruptcy…
Under Armour Expands Credit Line
Under Armour, Inc. has entered into a credit agreement covering a total loan commitment of $325 million comprised of a revolving credit facility commitment of $300 million and a term loan commitment of $25 million. The credit line replaces a $200 million
REI 2010 Net Income Inches Up on Strong Sales Growth, Weaker Gross Margins
Recreational Equipment, Inc., or REI, announced sales rose 14.0% to $1.66 billion for the year ended Dec. 31, 2010, on 8.1% comps growth, a 22.9% increase in direct sales and the addition of four new stores. Gross margins slipped 80 basis points to 43.9%
Dean Karnazes to Sponsor Dick’s SG Runners’ Month
Dick's Sporting Goods National Runners' Month, a series of running events taking place in May, announced that running icons Dean Karnazes, Kara Goucher and Ryan Hall will serve as official ambassadors for the 2011 program.
Outdoor Nation Expands Regional Summits for 2011
Building on the success of the 2010 Summit in New York City, Outdoor Nation will host five Regional Summits this year. The Summits will kick-off with a return to New York City on June 23 with a National Outdoor Nation Congress where youth from every state
Black Diamond Taps Kulczycki as Gregory VP/GM
In a move to solidify its management team, Black Diamond Inc. has tapped outdoor industry veteran Bill Kulczycki as general manager and VP of Gregory Mountain Products…
REI Awards Bikes Belong $100K Grant
The Bikes Belong Foundation has received a $100,000 grant from REI (Recreational Equipment, Inc.) to expand the foundation’s Bicycling Design Best Practices Program (BDBPP)…