Amer Sports’ Rights Offering Oversubscribed
According to preliminary calculations, a total of approximately 72.1 million shares were applied to be subscribed for in Amer Sports rights offering. Compared to a total of approximately 48.5 million shares offered, this represents a total subscription le
RECALL: Schwalbe Ultremo R Bicycle Tires
About 5,000 Schwalbe Ultremo R bicycle tires are being recalled by the U.S. Consumer Product Safety Commission. The tire layers could separate causing the inner tube to rupture, posing a fall hazard to consumers. No injuries have been reported…
Keller Joins Bushnell
Bushnell recently announced the addition of Trent Keller to their team of product managers. Trent will be responsible for on-going new product development and updates to the Bushnell binocular line…
Remington Parent to Go Public
As was predicted, Cerberus Capital Management has confirmed via a filing with the SEC that it is filing for an initial public offering for its Freedom Group, Inc. on Wednesday. Cerberus, a private equity firm best known for its ill-fated acquisitions of C
Arctic Cat Announces Financing Agreement with GE
Arctic Cat Inc. has entered into an agreement with GE Capital, Commercial Distribution Finance for it to become the exclusive provider of floorplan financing for Arctic Cat’s U.S. dealers…
DSW Ups FY Sales, Earnings Outlook
DSW Inc. said it estimates comparable store sales of approximately positive 6% to 8% for the third quarter ending Oct. 31, 2009. The company experienced increased traffic and conversion since the end of the second quarter, resulting in positive comparable
EU Seeks Compromise on Chinese Shoe Imports
The European Commission has proposed extending anti-dumping duties on EU imports of Chinese and Vietnamese shoes for at least 15 months in a compromise to appease Beijing and global shoemakers, a document showed…
Redcats USA to Close Call Center
Redcats USA, which owns the Sportsman's Guide, The Golf Warehouse and other catalogs, said it will close its customer contact center located in Universal City, TX, on Dec. 18. A total of 490 jobs will be affected…
Phoenix Footwear Posts Q3 Profit, but Receives NYSE Delisting Notice
Phoenix Footwear Group, Inc. reported a profit of $310,000, or 4 cents a share, in the third quarter ended Oct. 3 compared to a net loss of $2.1 million for the third quarter of fiscal 2008…
Brunswick Names Graves President of Boat Group
Brunswick Corporation has named Andrew E. Graves, 50, president – Brunswick Boat Group. Graves most recently served as president – US Marine and Outboard Boats for Brunswick. Graves now will also have responsibility for the operations of Sea Ray and Merid
Sport Supply Group in Exclusive Alliance with Prepsportswear.com
Sport Supply Group, Inc. has entered into an exclusive relationship with Prepsportswear.com, the leading online marketplace for creating, designing and buying personalized sportswear products, customized high school clothing and team sportswear for all sp
Columbia Plans to Open New Branded Retail Store Near Marienplatz in Munich
Columbia Sportswear Company has chosen a site in the Sendlingerstrasse near the famous Marienplatz in Munich to house its third European Columbia-branded store, expected to open in December 2009. The new store, which will occupy 450 square meters, will pr
Guarded Optimism Greets Recent USDA Comments On CRP
Recently, high ranking officials at the U.S. Department of Agriculture spoke at public forums in support of the Conservation Reserve Program's (CRP) wildlife benefits and the need to protect the program's legacy…
California Accountability Legislation Vetoed
Despite garnering near unanimous support in the State Legislature, Governor Arnold Schwarzenegger has vetoed Senate Bill 589, which would have prevented hunting license tag/stamp monies from being misused for non-game conservation or non-hunting purposes,
Boathouse Sports to Make Rowing Uniform
Boathouse Sports, the Philadelphia-based manufacturer of custom athletic apparel, announced that it will make its Pinnacle “Unisuit,” a one piece uniform designed and developed in collaboration with the U.S. National Rowing Team, available to all rowing t
