Outdoor Foundation Report: Participation Increased in 2009; Spending Declined
According to the Outdoor Foundation, 2009 showed encouraging growth in important segments of core outdoor activities like camping, hiking, running and bicycling…
Performance Bicycle to Open Three Locations in June
Performance Bicycle, already the nation’s largest specialty bicycle retailer, will open three more stores in June. The additions will expand the chain to 90 stores…
Western Mountain Resorts Grew Winter Occupancy with Lower Rates
Year-over-year occupancy was up 1.4% and the average nightly rate down 5.8% for the 2009-10 snowsports season at 15 western mountain resort destinations monitored by The Mountain Travel Research Program (MTRiP)…
Performance Bicycle Taps Chief Marketing Officer
Performance Bicycle has appointed Cindy Marshall as Chief Marketing Officer. Performance said Marshall joins the company at a time when the company is expanding its retail store footprint to more than 90 stores nationwide by the end of the summer…
ACI International Secures Above The Rim Footwear License
Above The Rim (ATR), a performance basketball brand managed by Collective Licensing International (CLI), entered into a five-year licensing agreement with ACI International (ACI) for the brand. ACI will work with ATR on a new collection of performance bas
Everlast Launches Faceback Campaign
Everlast has launched its philanthropic social movement campaign “What Do You Fight For?”. For each contest entry received, Everlast is donating $1 to the Dr. Theodore A. Atlas Foundation…
Senate Supplemental Appropriations Bill Includes Gulf Fisheries Assistance
The American Sportfishing Association announced its support of Senator Richard Shelby (R-AL), ranking member of the Commerce, Justice, Science, and Related Agencies Appropriations Subcommittee, for including funding for fishery-dependent businesses harmed
Beretta Hires Senior Military Advisor
Beretta U.S.A. has hired David L. Grange (BG USA Ret.) to serve as its Senior Military Advisor. Grange served 30 years in the U.S. Army, with his final position being Commanding General of the 1st Infantry Division…
Fruit of the Loom Sees Strong Q1 Earnings Gains
Berkshire Hathaway said pre-tax earnings in its Other Manufacturing businesses jumped 89% in the first quarter to $332 million. The gains were driven by higher profits in its apparel businesses, Fruit of the Loom (FOL) in particular…
Collective Brands Re-Elects Board Members
Collective Brands said Daniel Boggan Jr., retired senior vice president of the National Collegiate Athletic Association; Michael A. Weiss, president and chief executive officer of Express LLC; and Robert C. Wheeler, retired chairman and chief executive of
Deckers Outdoor Declares Three-for-One Stock Split
Deckers Outdoor Corporation has approved the increase of its total authorized number of shares of common stock and therefore, as previously announced, the company will effectuate a three-for-one stock split of the company's common shares…
Genesco’s Hat World Agrees To Acquire Sports Avenue
Genesco Inc. announced that its Hat World subsidiary has entered into an agreement to acquire the assets of Sports Avenue and related entities. Sports Avenue operates 46 retail stores across the United States and 13 ecommerce sites, selling officially li
Senator Seeks More Competition for Army Arms Contract
U.S. Sen. Charles Schumer, D-N.Y. has written to U.S. Army Secretary John McHugh asking him to open up competition for the Army's small arms contracts to other U.S. manufacturers, including Remington Arms. Currently only Defense LLC, General Dynamics
JJB Sports’s Comps Fell 27.3% During Difficult 2009
JJB Sports plc reported retail sales at its ongoing businesses of £361.1 million ($570.2mm) for the 53 weeks ended Jan. 31, 2010, down 22.6% from £466.6 million ($849.7 mm) in the 52 week period ended Jan. 25, 2009. Comp store sales during the period decl
Consumer Confidence Increases for Third Straight Month
The Conference Board Consumer Confidence Index increased in May, its third consecutive monthly gain. The Index now stands at 63.3, up from 57.7 in April. The Present Situation Index increased to 30.2 from 28.2. The Expectations Index improved to 85.3 from
