Vail Resorts Fiscal Year Profit Cut on Lower Skier Visits
Vail Resorts saw a very difficult year with declining sales and their net income was cut in half for the fiscal year ended July 31, 2009. However, the ski resort holding company was easily able to stay profitable in spite of serious challenges in the hosp
Dorel Looks to Capitalize on Growing Cycling Market
At Scotia Capital’s annual Back-to-School Conference, held in Toronto this year, Dorel Industries pointed out several growth strategies they will be implementing in the coming year – particularly around their bike business. Martin Schwartz, Dorel In
SGMA Warns Over China Trade
The SGMA is warning sporting goods manufacturers that trade with China could become volatile in the near future. In response to the current administration’s decision to impose 25-35% safeguard duties on Chinese-made tires, China's Ministry of C
The Impact of Low Retail Inventories
Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned
Adidas Endorses European Rugby Cup
Adidas became the official matchball and referee kit supplier to the European Rugby Cup (ERC). Under the sponsorship deal with the ERC, adidas will provide the official match ball for both the Heineken Cup and newly titled Amlin Challenge Cup…
EOG and OIA Co-Ordinate Sustainability Efforts
The European Outdoor Group (EOG) and the Outdoor Industry Association (OIA) have recently made a commitment to cooperate on the two organizations individual sustainability projects ensuring the production of complementary tools for the outdoor sectors com
China Pacing Nike Brand’s Growth
Nike Inc. said in a SEC filing that NIKE brand's sales in its Greater China segment, including China, Taiwan and Hong Kong, rose 29% in its fiscal year ended May 31, to $1.74 billion from $1.35 billion a year ago. In constant currencies, sales climbe
Cabela’s Names VP of Merchandising, Great Outdoors
Cabela’s Inc. hired Scott Frnka as vice president of merchandising – General Outdoors. Frnka, most recently vice president of Academy Sports and Outdoors’ Field and Stream Division, brings more than 15 years of retail merchandising experience
Homegamers to Open Stores in Philadelphia
HomeGamers, a mall-based franchise concept, will open three stores in the Philadelphia market next year. It currently has two in Westminster, MD, and Waldorf, MD. HomeGamers boasts a 6,000 square foot plus showroom featuring full lines of licensed sportin
Nacabi Trading Acquires TEHEMA Golf Brand
Nacabi Trading, Inc. has acquired TEHAMA, the high-end fashion golf brand that was co-founded by Clint Eastwood and Nancy Haley. Terms were not disclosed…
Blacks Leisure Puts Sandcity Unit Into Administration
Blacks Leisure Group placed its Sandcity boardwear stores in administration after its bank Tuesday gave it a month to come up with a restructuring plan for its money-losing stores. The U.K. outdoor clothing retailer also expects to breach a financial cove
Foot Locker Opens Fourth House of Hoops in New Jersey, Plans Stores in Europe
Foot Locker opened its fourth House of Hoops store at the Cherry Hill Mall in South Jersey. The location is only the fourth House of Hoops in the U.S. and the first in the suburbs. Other stores are located in Harlem, Chicago and Los Angeles. House of Hoop
Oakley Expands Customized Program to Watches and Backpacks
Oakley, Inc. announced the further expansion of its program that gives customers the option to customize select Oakley products. In addition to eyewear and performance goggles, the Oakley Custom Program (OCP) now includes timepieces and backpacks…
Tracker Trucks Merges with Pure Distribution
Tracker Trucks, the maker of skateboard components, has merged with Pure Distribution, which includes Premium Skateboards, Finesse Products, and Orion Trucks. Terms were not disclosed…
Lord and Taylor Owner Buys Hudson’s Bay Co.
Hudson’s Bay Co., Canada’s oldest retailer, has been acquired by the U.S. equity firm behind the turnaround of Lord & Taylor in a deal that winds North America’s two oldest department stores into the same corporate structure…
