D.A. Davidson Acquires Silver Steep Partners
D.A. Davidson & Co. acquired Silver Steep Partners LLC, an investment banking firm specializing in the outdoor and active lifestyle industry. The terms were not disclosed. Silver Steep Partners, based in Seattle is led by Nathan Pund and Robert Farinholt.
Dick’s Sporting Goods Scores Top Spot in Retail Trends Survey
Due to its mammoth size, Walmart may have racked up the most votes when consumers were asked to pick their favorite retailer for athletic apparel, but Dick's Sporting Goods reportedly won by a wide margin when the results were indexed to factor in th
Keen Footwear Opens Plant in Portland
Keen Footwear has opened a small factory in Portland with plans to make a small portion of its product in the U.S. James Curleigh, Keen's chief executive, told the Oregonian, “It's not so much flying our flag in America. It's about having s
Woolrich Adds Bedding Licensee
Woolrich, Inc. added JLA Home to its growing lineup of home furnishings licensing partners. JLA Home will provide Woolrich's Home program with a line of coordinating top-of-bed products, textile wall art, and decorative pillows…
Smith and Wesson Swings to Q2 Loss Despite 26.3% Gain in Hunting Sales
Smith & Wesson Holding Corporation unveiled a plan to consolidate its firearms manufacturing operations following a difficult second quarter that saw the company swing deeply into the red on nearly flat sales growth. While black powder and a new bolt-acti
Yue Yuen’s November Revenues Climb 27%
Yue Yuen Industrial Ltd. reported revenues in November jumped 26.7% to $553.2 million from $436.5 million a year ago. In the eleven-month period through November, sales grew 23.6% to $5.56 billion from $4.5 billion in the same period a year ago…
Aldila Signs New $3,000,000 Line of Credit
Aldila Inc. entered into a $3 million credit agreement with Wells Fargo Bank, National Association. Under the facility, the golf equipment company will be able to borrow up to $3 million from time to time through July 1, 2012 for working capital requireme
Reno Wilderness Activist Featured in Patagonia’s Holiday Catalog
Reno-based grassroots organizer Carrie Sandstedt of the Campaign for America's Wilderness at the Pew Environment Group is among five individuals profiled in the 2010 Patagonia Holiday Favorites catalog…
IKEA Distributes Bikes to All 12,400 U.S. Employees
Swedish furniture retailer IKEA began Tuesday delivering all-terrain bicycles as gifts to all 12,400 of its employees in the United States to celebrate the company’s success in 2010.
Timbuk2 Brings in New Sales Manager
Timbuk2 has named Doug Hall as its national sales manager. Hall, who left the same position at cycling apparel maker Fox Head Inc., is responsible for expanding Timbuk2’s domestic wholesale base, and strengthening the company’s sales force.
Registration Begins for Bicycle Leadership Conference
Online registration is now open for the 2011 Bicycle Leadership Conference at the event’s new website. The conference, held April 12-14, 2011 in Monterey, CA., draws together the bicycle industry’s top executives for three days of discussion o
The Timberland Co. Appoints ConAgra Exec to Board
The Timberland Company appointed Andre Hawaux, president of consumer foods for ConAgra Foods, Inc., to its board of directors, effective Dec. 2, 2010.
Study: Kids’ Team Sports Often Lacking in Exercise
Playing team sports does not guarantee that a child will get the U.S. government-recommended 60 minutes of moderate to vigorous exercise per day, a new study finds. Using accelerometers, a type of sensor that measures physical activity, researchers studie
Barron’s Recognizes World Bicycle Relief
World Bicycle Relief, a Chicago-based not for profit that was created by bike industry leaders SRAM Corporation & Trek Bicycle in 2005 to aid victims of the 2004 tsunami in Sri Lanka, and is currently providing quality bicycles to people in need in sub Sa
Study: Nike Benefited from Sticking With Tiger Woods
A study from researchers from Carnegie Mellon University's Tepper School of Business concluded that Nike Golf has benefited from its continued sponsorship of with Tiger Woods. Nike lost 105,000 golf-ball customers in the six months after the golfer&#